1. Aliko Dangote

•  Net Worth: $20.8 B                                                                      
•  Source of Wealth: cement, sugar, flour
•  Citizen: Lagos, Nigeria
•  Age: 58

Not only he is the richest man in Africa but also Aliko Dangote is the richest man in Nigeria. He has a fortune which has been estimated by the Forbes to be around $16 billions which is more than anyone in the African continent. Not even a single person in the continent has a wealth which is more than $10 billions let alone $16 billions. Aliko Dangote is the President and CEO of Dangote Group which is entirely owned by him. He controls his highly diversified businesses through the Dangote Group. Some of Dangote’s business include Cement manufacturing, sugar refining and manufacturing of food products like pasta, noodles, etc. Dangote has also invested billions of dollars for creation of largest oil refinery in Nigeria and whole of Africa. His subsidiary company Dangote Cements is the largest cement manufacturer in Africa.