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14/10/2013

Africa's richest live in South Africa, and Nigeria- New report shows.

According to The Ventures magazine,  Africa has 55 dollar billionaires — more than previously thought — with most of them living in Nigeria and South Africa.
The Forbes list put the fortune of Africa’s billionaires at nearly $145bn.

The list of African billionaires now rivals that of Latin America, which Forbes said was home to 51 super-rich. Asia, which includes fast-growing China, has 399 dollar billionaires.
The Financial Times said the surge in energy prices helped drive the increase in Africa’s super wealthy.
The figures on the numerous rich lists that come out every year vary considerably.

Kenyans Manu Chandarai, and Mama Ngina Kenyatta were among thsoe in the list of Africa's super rich. 


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