New data by Bloomberg shows that five of Africa’s wealthiest individuals have added hundreds of millions of dollars to their net worth since January.
What follows is a look at the top five richest individuals on the continent and the shifts in their wealth:
Aliko Dangote
Leading the surge is Nigerian industrialist Aliko Dangote, Africa’s richest person, whose fortune has grown by $451 million since January 1. Dangote’s net worth now stands at $30.4 billion, placing him first in Africa and 79th globally.
Johann Rupert
In second place is Johann Rupert and his family from South Africa. Rupert’s wealth increased by $70.9 million over the same period, bringing his net worth to $19.5 billion. He is ranked second in Africa and 138th worldwide.
Nathan Kirsh
South African businessman Nathan Kirsh ranks third among Africa’s wealthiest individuals. His fortune rose by $289 million since the start of the year, giving him a net worth of $10 billion. Kirsh is third in Africa and 322nd globally.
Naguib Sawiris
Also among the top gainers is Egyptian billionaire Naguib Sawiris, whose wealth increased by $173 million. His net worth now stands at $10.8 billion, ranking him fourth in Africa and 350th globally.
Abdul Samad Rabiu
Rounding out the top five is Nigerian billionaire Abdul Samad Rabiu, whose wealth rose by $328 million since January. Rabiu’s net worth is estimated at $10.5 billion, making him fourth in Africa and 337th globally.
