10 wealthiest Africans (according to a new Forbes ‘rich list’)

Nigerian cement and commodities tycoon Aliko Dangote is the richest African for the seventh year in a row.

This is according a new survey (5 January) by Forbes.

He is worth $12.2 billion, up $100 million from a year ago.

South African mining heir Nicky Oppenheimer is the second richest African, worth $7.7 billion, up by $700 million from last year.

Other South Africans on the billionaires’ list include Michiel le Roux (Capitec Bank) and Desmond Sacco (Assore Group).

Christo Wiese saw his wealth drop from $5.5 billion a year ago to $1.1 billion on 5 January.

The Money Show’s Bruce Whitfield interviewed CNBC Africa Head of Programming Chris Bishop.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

He [Christo Wiese] is hanging on by his fingernails.

Chris Bishop

We’ve never seen a fall this rapid [referring to Christo Wiese’s declining fortune].

Chris Bishop

It’s incredible that he [Christo Wiese] is still a billionaire!

Chris Bishop

He [Michiel le Roux] is very quiet and understated… He doesn’t let anybody call him by his surname… There’s no business class travel in his company… Everyone must go economy class…

Chris Bishop

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
You are dying – quite literally – for a paycheque

You are dying – quite literally – for a paycheque

Ian Mann on “Dying for a Paycheck: How Modern Management Harms Employee Health and Company Performance..." by Jeffrey Pfeffer.

Certainty for the mining sector… Aaaand it’s gone!

Certainty for the mining sector… Aaaand it’s gone!

Government is challenging a ruling on "always-empowered”. Paul Burkhardt (Bloomberg) and mining attorney Hulme Scholes comments.

Côte d'Ivoire… Wow. Just wow!

Côte d'Ivoire… Wow. Just wow!

Bruce Whitfield interviews Lee Kasumba, who is wrapping up her fact-finding mission in Côte d'Ivoire.

Where should government invest with small businesses?

Where should government invest with small businesses?

The Money Show’s Bruce Whitfield interviews Allon Raiz, CEO at Raiz Corp on government focus with small businesses.

Waiting for the Ramaphosa rise – where is the stock market growth?

Waiting for the Ramaphosa rise – where is the stock market growth?

The Money Show’s Bruce Whitfield interviews Warren Ingram, Personal Financial Advisor and Executive Director at Galileo Capital.

Get the best bits of ‘The Money Show’ emailed to you daily, right after it ends

Get the best bits of ‘The Money Show’ emailed to you daily, right after it ends

Do you enjoy listening to Bruce Whitfield’s The Money Show, but miss it sometimes?

Popular articles
[WATCH] Grootes's take on why EFF silent on Dlamini's SABC interview

[WATCH] Grootes's take on why EFF silent on Dlamini's SABC interview

702 Afternoon Drive host Stephen Grootes's comment involves past dealings that involve EFF national chair, Advocate Dali Mpofu.

This is how much you should be paying your domestic worker

This is how much you should be paying your domestic worker

Stephen Rathai, director of employment standards at the Department of Labour talks on the new national minimum wage.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

I was not introduced to Ajay Gupta - Grootes

I was not introduced to Ajay Gupta - Grootes

Stephen Grootes says he believes former Eskom CEO Brian Dames when said he was not formally introduced to the Gupta family.

Why the PAC wants South Africa renamed Azania

Why the PAC wants South Africa renamed Azania

Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...