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Forbes releases 2019 list of richest men in Africa [See top 21]

Nigeria’s Aliko Dangote has retained his place as the richest man in Africa.

Dangote remain number one on the newly released Forbes’ list of African billionaires.

He however, lost almost $2bn compared to his last year’s worth.

The list was released on Wednesday.

Dangote’s estimated $10.3 billion net worth is nearly $2 billion less than a year ago.

Another Nigerian, Folorunsho Alakija was one of the billionaires, who suffered a drop in their net worth between last year and this year, as she held No 19 on the 20-man list.

The rating magazine report that, Alakija’s net worth dropped due to a decline in the value of one of Nigeria’s most productive oil fields.

However, Mike Adenuga, the owner of Globacom, emerged Africa’s second richest man. He is worth an estimated $9.2 billion.

Others are Nigeria’s cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, standing at number 16 on the list for the first time since 2015.

See top 20:

1 Aliko Dangote $10.3b cement, sugar, flour

2 Mike Adenuga$9.2b telecom, oil

3 Nicky Oppenheimer $7.3b diamonds

4 Nassef Sawiris $6.3b construction, chemicals

5 Johann Rupert $5.3b luxury goods

6 Issad Rebrab $3.7b food

7 Naguib Sawiris $2.9b 64 telecom

8 Koos Bekker $2.3b media, investments

8 Isabel dos Santos $2.3b investments

8 Mohamed Mansour $2.3b diversified

8 Strive Masiyiwa $2.3b telecom

8 Patrice Motsepe $2.3 mining

13 Aziz Akhannouch $2.1b petroleum, diversified

14Mohammed Dewji $1.9b diversified

15 Othman Benjelloun $1.7b banking, insurance

16 Abdulsamad Rabiu $1.6b cement, sugar

17 Yasseen Mansour $1.5b diversified

18 Youssef Mansour $1.2b diversified

19Folorunsho Alakija$1.1 B68oil#19Michiel Le Roux

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