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  • African billionaires on Forbes’ 2006 list

    Posted March 9, 2007 By in Books/Magazines, Business, General With | 52 Comments

    Naguib Sawiris Forbes BillionaireForbes Magazine has released their annual the U.S. is slipping, the Russians are rising, and keeping business within the family is great way to maintain wealth. I’ve listed the rank, name, country of citizenship, age, net worth ($bil), and industry of the Africans who made the list below. If anyone has anyone of these people in their Rolodex hook me up. I hope to see some of you on the list in the future.

    African’s who made the list:
    #62, Naguib Sawiris, Egypt, 52, $10.0, Egypt, Communications (Telecom)
    #158 Onsi Sawiris, Egypt, 77, $5.0, Construction
    #158 Nicky Oppenheimer & family, South Africa, 61, $5.0, Mining/Lumber (DeBeers)
    #194 Johann Rupert & family, South Africa, 56, $4.3, Retailing (Luxury goods)
    #226 Nassef Sawiris, Egypt, NA, $3.9, Engineering/Construction
    #432 Donald Gordon, South Africa, 76, $2.2, Insurance
    #664 Samih Sawiris, Egypt, 50 , $1.5, Service (Hotels)

    Top 100 list
    1. William Gates III, Washington, 51, $56, Microsoft
    2. Warren Buffett, Nebraska, 76, $52, Berkshire Hathaway
    3. Carlos Slim Helu, Mexico, 67, $49, telecom
    4. Ingvar Kamprad and family, Sweden, 80, $33, Ikea
    5. Lakshmi Mittal, India, 56, $32, steel
    6. Sheldon Adelson, Nevada, 73, $26.5, casinos, hotels
    7. Bernard Arnault, France, 58, $26, LVMH
    8. Amancio Ortega, Spain, 71, $24, Zara
    9. Li Ka-shing, Hong Kong, 78, $23, diversified
    10. David Thomson and family, Canada, 49, $22, inheritance
    11. Lawrence Ellison, California, 62, $21.5, Oracle
    12. Liliane Bettencourt, France, 84, $20.7, L’Oreal
    13. Prince Alwaleed Bin Talal Alsaud, Saudi Arabia, 50, $20.3, investments
    14. Mukesh Ambani, India, 49, $20.1, petrochemicals
    15. Karl Albrecht, Germany, 87, $20, Aldi
    16. Roman Abramovich, Russia, 40, $18.7, oil
    17. Stefan Persson, Sweden, 59, $18.4, Hennes & Mauritz
    18. Anil Ambani, India, 47, $18.2, diversified
    19. Paul Allen, Washington, 54, $18, Microsoft, investments
    20. Theo Albrecht, Germany, 84, $17.5, Aldi, Trader Joe’s
    21. Azim Premji, India, 61, $17.1, software
    22. Lee Shau Kee, Hong Kong, 79, $17, real estate
    23. Jim Walton, Arkansas, 59, $16.8, Wal-Mart
    24. Christy Walton and family, Wyoming, 52, $16.7, Wal-Mart inheritance
    24. S. Robson Walton, Arkansas, 63, $16.7, Wal-Mart
    26. Sergey Brin, California, 33, $16.6, Google
    26. Larry Page, California, 34, $16.6, Google
    26. Alice Walton, Texas, 57, $16.6, Wal-Mart
    29. Helen Walton, Arkansas, 87, $16.4, Wal-Mart
    30. Michael Dell, Texas, 42, $15.8, Dell
    31. Steven Ballmer, Washington, 51, $15, Microsoft
    31. Kirk Kerkorian, California, 89, $15, investments, casinos
    31. Raymond, Thomas and Walter Kwok, Hong Kong, ages unknown, $15, real estate
    34. Francois Pinault, France, 70, $14.5, retail
    35. Suleiman Kerimov, Russia, 41, $14.4, stocks
    36. Vladimir Lisin, Russia, 50, $14.3, steel
    37. Jack Taylor and family, Missouri, 84, $13.9, Enterprise Rent-A-Car
    38. Vladimir Potanin, Russia, 46, $13.5, metals
    38. Mikhail Prokhorov, Russia, 41, $13.5, metals
    40. Oleg Deripaska, Russia, 39, $13.3, aluminum
    40. Michael Otto and family, Germany, 63, $13.3, retail
    42. Carl Icahn, New York, 71, $13, leveraged buyouts
    42. Abigail Johnson, Massachusetts, 45, $13, Fidelity
    44. Adolf Merckle, Germany, 72, $12.8, drugs
    45. Barbara Cox Anthony, Hawaii, 83, $12.6, Cox Enterprises
    45. Anne Cox Chambers, Georgia, 87, $12.6, Cox Enterprises
    45. Mikhail Fridman, Russia, 42, $12.6, oil, banking
    48. Vagit Alekperov, Russia, 56, $12.4, oil
    49. Charles Koch, Kansas, 71, $12, oil, commodities
    49. David Koch, New York, 66, $12, oil, commodities
    51. Silvio Berlusconi and family, Italy, 70, $11.8, media
    52. Nasser Al-Kharafi and family, Kuwait, 63, $11.5, construction
    52. Leonardo Del Vecchio, Italy, 71, $11.5, eyewear
    54. Alexei Mordashov, Russia, 41, $11.2, steel
    55. Gerald Cavendish Grosvenor and family, Britain, 55, $11, real estate
    55. Spiro Latsis and family, Greece, 60, $11, banking
    55. Birgit Rausing and family, Sweden, 83, $11, packaging
    58. Forrest Mars Jr., Virginia, 75, $10.5, candy
    58. Jacqueline Mars, New Jersey, 67, $10.5, candy
    58. John Mars, Virginia, 70, $10.5, candy
    61. Viktor Vekselberg, Russia, 49, $10.4, oil, metals
    62. Serge Dassault and family, France, 81, $10, aviation
    62. Charles Ergen, Colorado, 54, $10, EchoStar
    62. Michele Ferrero and family, Italy, 80, $10, chocolates
    62. Naguib Sawiris, Egypt, 52, $10, telecom
    62. Kushal Pal Singh, India, 75, $10, real estate
    62. Alain and Gerard Wertheimer, France, ages unknown, $10, Chanel
    68. Susanne Klatten, Germany, 44, $9.6, BMW, drugs
    69. Philip Knight, Oregon, 69, $9.5, Nike
    69. Sunil Mittal and family, India, 49, $9.5, telecom
    71. John Kluge, Florida, 92, $9.1, Metromedia
    71. Vladimir Yevtushenkov, Russia, 58, $9.1, telecom
    73. Rupert Murdoch, New York, 76, $9, News Corp.
    73. Hans Rausing, Sweden, 81, $9, packaging
    73. Reinhold Wurth, Germany, 71, $9, manufacturing
    76. Ernesto Bertarelli, Switzerland, 41, $8.8, biotech
    76. Pierre Omidyar, Nevada, 39, $8.8, Ebay
    78. Maria-Elisabeth and Georg Schaeffler, Germany, ages unknown, $8.7, ball bearings
    79. Rafael del Pino and family, Spain, 86, $8.6, construction
    80. Donald Bren, California, 74, $8.5, real estate
    80. George Kaiser, Oklahoma, 64, $8.5, oil and gas, banking
    80. George Soros, New York, 76, $8.5, hedge funds
    83. Nikolai Tsvetkov, Russia, 46, $8.4, oil, banking
    83. August von Finck, Germany, 77, $8.4, investments
    85. Dan Duncan, Texas, 74, $8.2, energy
    86. Mohammed Al Amoudi, Saudi Arabia, 61, $8, oil
    86. Abdul Aziz Al Ghurair and family, United Arab Emirates, 53, $8, banking
    86. Kumar Birla, India, 39, $8, commodities
    86. German Khan, Russia, 45, $8, oil, banking
    86. Iskander Makhmudov, Russia, 43, $8, mining, metals
    86. Sumner Redstone, California, 83, $8, Viacom
    86. Shashi and Ravi Ruia, India, ages unknown, $8, diversified
    93. Philip Anschutz, Colorado, 67, $7.9, investments
    93. Galen Weston and family, Canada, 66, $7.9, retail
    95. Enrique Banuelos, Spain, 41, $7.7, real estate
    96. Stefan Quandt, Germany, 41, $7.6, BMW
    97. Maan Al-Sanea, Saudi Arabia, 52, $7.5, construction, finance
    97. Edward Johnson III, Massachusetts, 76, $7.5, Fidelity
    99. Sulaiman Al Rajhi, Saudi Arabia, 87, $7.4, banking
    100. Donald Newhouse, New Jersey, 77, $7.3, publishing
    100. Samuel Newhouse Jr., New York, 79, $7.3, publishing

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  • http://africareadyforbusiness.blogspot.com benin

    Kofi:

    Great post. I enjoyed seeing those names. The way that business is shaping up around the continent we are almost surely bound to see more billionaires from Africa in the future. Also although these people did not make the list, I believe they deserve honorable mention:

    *Kase Lawal, Chairman CAMAC Holdings, Oil, Place of Birth-Nigeria, Sales $ 1.5 bil

    *Aliko Dangote, Chairman & Owner Dangote Sugar, Place of Birth-Nigeria, est. net worth $1.6 bil

    *Ibrahim Babangida, former President of Nigeria, est. net worth $6 bil

    *Mike Adenuga, Conoil & Globacom, Nigeria, est. net worth $1.8 bil

    *Manu Chandaria , KAM Chairman, Kenya, est. $ 1 bil

    *Patrice Motsepe, Sanlam Chairman, South Africa, est. $500 mil

    Also the worlds richest black billionaire who comes from Ethiopia, but carries a Saudi Arabian passport is Mohammad Al Amoudi $8 bil

    Kofi, it was fun! I think this will make a great trackback on my blog!

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  • http://www.davidajao.com Oluniyi David Ajao

    Why mention Babangida? You might as well mention Obasanjo, Abacha, Abdusalami Abubakar and other former dictators.

    I believe we are talking about businessmen here please.

  • http://www.boston.com/news/world/europe/articles/2006/10/27/african_billionaire_has_a_plan_for_progress_pay_dictators_to_go_away/ Jason Smith

    I would have though Mo Ibrahaim of Sudan, who sold celtel International, an African cellphone network, for $3.3 billion in 2005 would have been on the list! He’s an African billionaire, i reckon quite a few legitimate billionaires from Africa have been left out!

  • http://www.annansiclothing.com Kofi

    I’d like to know some of the other criteria that Forbes used to make the list. It seems that they might have eliminated some Africans based on the certain standards.

  • charles

    As long as am concern,no billonaire in Nigeria
    What we have are all luthnonaires,none of them can defend his source of money.

  • adetona ojokobiri

    i could not fathom the reasons why Nigerian billionaires in the persons of Aliko Dangote and Mike Adenuga were left behind.i just hope this is not another racial discriminations against black africans because they made their fortunes like other did.

  • http://chynawebmail.co.za tshepo

    since 2003 Patrice Motsepe was estimated to have $500 mil. I desire to know why his money is not increasing or decreasing plz i’m gettin bored to c the same thin every year. updated your work peps.

  • http://www.africancrisis.org/Photo.asp?Subject=RBM Jason

    Maybe Motsepe is a caretaker for others

  • Lesedi

    Motsepe has a shareholding of R7.94bn on the Johannesburg Stock Exchange.That alone makes him a dollar billionaire.

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  • Johnny

    The Forbes billionaires list is a fraud. It excludes black African billionaries. There’s at least 100 billionaires in Nigeria alone. Isn’t it hillarious that a name like Dangote is missing from their list every year.

  • abdullahi

    why is forbes discriminating our african billionaires? its suprising to go through the list without coming across the names of aliko dangote, adenuga etc.

  • mary

    there are no them billionaires in nigeria .if they were any forbes will list them.they are talking of dollar billionaire not nara billionaitrs

  • Just Want Know

    Send me a list on South Africas Richest When you have it.

  • Tawanda Zizhou

    YOU are right to saythat forbes has not done justice to african billionares but on theother hand your list of nigerian billionaires is wrong there is no nigerian billionaire the closest thing to a NIGERIAN BILLIONAIRE IS General sani abacha who loted the countrys wealth its not practical for acountry like nigeria to have bilionares while south africa were rblack people though not as empowered as the whites are living a life that is at least remarkably better than that of nigerians
    Also For the record The closest thing to an african black bilionare is Patrice mostepe unaguably the most influential black business man in africa-For your information The Mailguadian Paper of southafrica rated Motsepe Patrice as being worth 2$bn Us after a thruogh anlsis of the stocks that he holds in Three companies Please research throughly if your aim is not to misinform us.
    any Normal person will believe that nigerians will be one of the last people to top the africans richlistsunless they are being pro-west african i live in southern africa and Know that this region in africa is probably the richest To be honest WEST africa is the WORST place to look For a black AFRICAN BILLIONAIRE ,any REASONABLE person would conclude that WITH OUT WEST AFRICA AFRICA WOUL NOT BE AS DARK AS IT IS- T ZIZHOU -ZIMBABWE – PROUDLY SOUTHERN AFRICAN.

  • Truth

    THIS IS A REPLY TO TAWANDA…. WITHOUT THE WESTERN PART OF AFRICA, AFRICA WILL NOT BE RECOGNIZED AS WEALTHY RESOURSEFULL CONTINENT.. ALLTHOUGH THERE ARE MANY CROOKS AROUND THERE, BUT THERE ARE ALSO MANY RESOURCEFULL BUSINESS MEN… MOST COUNTRIES IN THE WEST OF AFRICA ARE ABOUT 50-70 YEARS OLD AND THERE WILL ALWAYS BE CURRUPTION UNTIL THE GET TO A CERTAIN AGE, JUST LIKE THE U.S WAS WHEN THEY WERE AT THAT AGE AFTER INDEPENDENCE. (THE U.S AND MOST 1ST WORLD COUNTRIES ARE MORE THAN 400 YEARS OLD JUST TO LET YOU KNOW). SOUTH AFRICA WAS TOO WEAK. JUST BECAUSE WHITES AND BLACK IN SOUTH AFRICA ARE ABOUT 50-50 SO A FAVOUR MUST BE DONE TO HELP THE WHITES, SO U GET A LITTLE ADVANTAGE FROM THE WESTERN WORLD. THERE ARE FEW BILLIONERS IN WEST AFRICA, ESPECIALLY NIGERIA. JUST BECAUSE A COUNTRY IS MARKED AS A USUAL SUSPECT DOES NOT MEAN EVERYBODY IN IT ARE SUSPECTS. YOU SOUND VERY UNEDUCTATED, U SHOULD GET YOUR SOURCES RIGHT BEFORE YOU SPEAK. I AM NOT SUPPORTING THE WESTERN PART OF THE COUNTINENT… BUT I JUST WANT YOU TO KNOW THE TRUTH. P.S…. AFRICA WILL BE FOLLOWERS WITHOUT THE WESTERN PART OF IT. THE WHOLE CONTINENT WILL PROBABLY BE LIKE ETHIOPIA..

  • Siya M,

    I read with amusement Truth’s reply to Tawanda. While you are on the topic of wealth, I thought his response about Tawanda sounding ‘very uneducated’ was rich coming from someone who spells resourceful and although with two Ls.
    The truth is dear Truth, you sound very ignorant about Africa (I refuse to say uneducated yourself because I don’t know how far you got, you may just be poor at spelling). First of all, black people form a clear majority (over 75%) of the South African population, so I don’t know where you 50-50 figures come from.

    Secondly, the whole continent is certainly NOT like Ethopia, a number of African countries such as South Africa, Egypt, Botswana are doing very well.
    But I do not blame you for your ignorance though, I suspect you are from Europe or America, or wherever it is that Western media reaches.
    You see, Truth, the truth is, there are many good stories to tell about Africa, the only problem is that the media focuses the lens on the bad stories. The result is, westerners (which I suspect you are one of) think we run around bare breasted and bare footed being chased by lions, starving, UNEDUCATED, diseased or ravaged by war.

    The “little advantage” we get from the West are not even a drop in the ocean in comparison to the theft and injustices done to our people by colonialist. The devastating effects have lasted for too long. But Whites are still in South Africa because our generosity of spirit allowed us to forgive them, pick up the pieces and move on the best we can.
    I am happy to report to you, on first hand account that we (South) African are actually doing better than you think. On the education front and in many other respects.

    Yours TRUTHFULLY,

    Afro Chic

  • http://www.mp3.co.za levy

    Response to Truth.i think your name shuold change to LIE,Why ?you sound too Westenised, uneducated and liefull.Dont come to public and talk about things that you are not sure of becauseyou will be beaten.

    Start making a detailed reseach about SOUTHERN PART OF AFRICA to get your opinions to be facts.
    What you are saying is a disgrase to you and your region.

    yours in faith

    LEVY

  • tawanda zizhou

    I WISH TO ACKNOWLEGE TRUTHS-LETTER 21 SEPTEMBER,And SIYA -Thanks for the information you supplied in your letters guys And To TRUTH you gave a reason as to why Nigeria is still ridled with corruption your reason was Most countries in the WORST-sorry ,WEST part of africa are 50-70 years old AND HENCE ARE STILL YOUNG AND WILL ALWAYS BE CORRUPT SIC,BUT CHECK OUT SOUTHERN AFRICA -NAMIBIA
    BOTSWANA,ZIMBABWE,AND SOUTH AFRICA THEIR AVERAGE AGE IS REMARKABLY LOWER THAN THAT OF -WORST-SORRY- WEST AFRICAN NATIONS AND YET OUR LEVEL OF CORRUPTION IS REMARKABLY LOWER IT SEEMS CORRUPTION IS WRITTEN IN THE DNA OF THE WEST AFRICAN FOLK ESPECIALLY NIGERIANS -ALSO TO MENTION ON A MORE SERIOUS NOTE IT BAFFLES ONE TO THINK NIGERIA BEING ONE OF THE OR PROBBABLY THE LARGEST OIL PRODUCERS IN AFRICA AND YET THE POPULOUS OF NIGERIA GENERALLY IS POOR ALL BECAUSE OF THE CORRUPT REGIME THAT IS CONTENT TO SEE EUROPEAN AND AMMERICAN INVESTORS MILKING THIS RESOURCE INSTEAD OF ENRICHING THEIR OWN PEOPLE SO ADMITT IT GUYSYOU ARE NATURLLY CORRUPT

    AND- BENIN
    YOURLIST 9 MAR 2007 IS TOTALLY WRONG I SCORLLED THE WHOLE FORBES RICH LIST THOSE WEST AFRICAN BILLIONAIRES ARE FALSE THATS A CORRUPT LIST,
    TO SAY THE LEAST AN AFRICA BILLIONAIRE WILL EMERGE FROM SOUTHERN AFRICA NOT WORST-SORRY-WEST AFRICA

    PROUDLY SOUTHERN AFRICAN

    TZ

  • jide

    hello guys, am really ashamed,its like we African ve not learnt our lessons. TZ or whatever you call yourself, What has west afica done to you that you so full of hatred

  • TRUTH

    RESPONSE TO SIYA, LEVY AND TOWANDA.

    My dear SIYA, they say if you want to criticize somebody, you should look at your self first… “RESOURSEFUL” it was very nice of you to notice that since you spelled your country’s name wrong ETHIOPIA… (Check you letter for references). And also my educated sister, I never said the whole continent is like Ethiopia. Please re-read my letter and analyze it again. I give you a little props because you are right about the population of blacks. One question for you my dear Afro chic… Would South Africa be like they are now without the whites? Majority of businesses in South Africa is white owned… If you are South African, you should thank the ANC for copying mugabe…

    Who in is right mind would not know the media focuses of the worst when it comes to Africa… by reading my letter you would know that I am not a westerner. U have made so many stupid comments I don’t even know what to tell you.

    As for LEVY, I would like u to back your self up when you speak… you said my name should be ”LIE” because I sound too westernized? If I sound so westernized does it mean I am a liar? My uneducated brother, I am definitely sure about what I am saying and I am going to stick by it. South Africa is too scared and always will be. WITHOUT THE WESTERN PART OF AFRICA, THE CONTINENT WILL NOT BE RECOGNIZED. GET IT?

    My lovely TAWANDA, more than 60% of your population is below poverty, and the other 40% (above middle class) is mostly whites. If you are doing so well, why is that the case when there is no corruption like you said? Nigeria has mostly the wealthiest men in that continent and without corruption, where would the country be? I wonder…. Very soon it will be free of corruption and then they would be your WESTERN WORLD…you say Nigerians are naturally corrupt, now I know you are very uneducated. Anyways, all those countries are remarkable younger than Nigeria like you said. But a new country is stable till a certain point, just like Nigeria was from the 60s to the late 80’s. I bet you, as soon as ANC carries out their plan, your economy would fall dramatically like a 700-pound woman.

    I feel for all you people because you blinded by what you see physically. Advice for all of you… SIYA, read more books and more papers, Surf the web, go to the library, and listen to BBC or CNN. And mostly read books about West Africa.

    LEVY… go to school please. Not every body you don’t like what they are saying is ignorant and is from the western world.

    TAWANDA… stop saying sorry like a little kid. There would be no billionaire in South Africa very soon. Unless there is inflation, and when the U.S dollar becomes worthless. Your country will and always will asks for AID from the western world… no two ways about it.

  • Siya M,

    Dear Truth,

    Ethiopia is not my country (in case you think South Africa is a province in Ethiopia). I am not using that as an excuse for misspelling, a common human error unless it show a pattern (go easy on the Ls) or comes for someone who thinks they know it all.
    I have the feeling I am about to get bored with answering you back and forth, I don’t think i have the time to engage with people like you. You know what they say about arguing with a fool.
    You still have a lot to learn about Africa, I’d suggest you take it from the top and lose your preconceived ideas and prejuduces, if you can manage that. That’s the main point I want to put across to you. In fact I would like to invite you to come to South Africa (my country).
    I am an African living in South Africa, South Africa and Ethiopia are both coutries in Africa the same way Italy and France are in Europe, get it now.
    My country’s (South Africa) economic rate is doing well at about 6% per annum.

    Insulting people, calling them uneducated and stupid won’t make you more intelligent or more educated than you really are. Perhaps it will ease your own insecurities and make you feel that you are superior, but at the end of the day you know your own truth (no pun intended) and so does everyone else, so I trust they won’t allow you to try to break them down with offensive comments.
    You have not taken the time to measure anyone’s IQ, read their resumés and compared with yours, so don’t start.
    The name Tawanda sounds to me like it’s from a language from a Southern African country, but not Republic South Africa. The ANC is the ruling party in the Republic of (South Africa). There are billionaires in South Africa who actually made the Forbes list and there are those who didn’t. I wrote an article about this a week ago.

    Perhaps you should elaborate on your points for clarity sothat I can reply to you knowing exactly what you mean. For example:
    Why should I thank the ANC for copying Mugabe? How exactly has the ANC copied Mugabe? Do you even know what you are talking about? Where did you get this information? Who is your source? Which stupid comments did I make? I’m sorry that’s too many questions, but that’s probably because I’m a reporter and by the way, it’s part of my job to R E A D newspapers and to keep up with news. And What is this plan the ANC has that would destroy my country as soon as it is executed (that no journalist in SA seems to know anything about)?
    Will you please be my source oh Truth, I bet the story has the makings of a series of juicy front page leads.
    By the way, I just did an interview today with a former American who has lived in South Africa for seventeen year and doesn’t want to go back. before she came, the only side of Africa she ever saw was a picture of ghetto and poverty, which she says is no different to America.

    Regards,

    Afro Chic

  • jide

    truth, like ur name says, u surely speak the truth, i dont ve all these data,but ve visited S/Africa some couple of times, yes it looks good and all, but its all white written all over it, u see them in all the fancy cars, good homes while my black brothers are in the hood robbing and killing themselves and raping their future mothers. must of the coloured i met dont even speak good english not to talk about going to school, i mean this is sad!!! you guy are just jealous that you dont half the natural and human resources we ve.yes there is corruption in Nigeria, but we are developing and for sure we shall and ll get there..and you know one thing we are getting there by ourselves.. u know made in nigeria by nigerians han! tombs up truth!!! j proudly NIGERIAN

  • TRUTH

    REPLY TO THE REPORTER, SIYA, AFRO CHIC

    Afro chic Reporter, you sound very upset… Did I say anything wrong? Don’t answer that. It is spelled “prejudices”; I guess it shows in a pattern. (You said it). By the way, I am not prejudice about Africa, I love that place. I have been there so many times and I am going in the next two months. Maybe we should hook up in South Africa so u can show me your black wealth. I really think you should go back to journalism school if you truly are a reporter. Obviously you did not read enough News about your own country. Checks out the link below, read it, analyze it and then talk to me about how Mugabe came up in this myopic argument of yours.
    http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=46727

    You are very narrow-minded; I do not think I am more superior to you or anybody, and you do not sound like a reporter. A reporter never talks about I.Q’s and who is smart and who is not. She/He debates with reason and intelligence. As for the questions you asked me about your friend mugabe…. is everywhere, and the link I sent you would explain. The stupid comment you made is “ you think we run around bare breasted and bare footed being chased by lions, starving, UNEDUCATED, diseased or ravaged by war.” Reference to your previous letter.
    I really think you are confused my dear. The TRUTH hurts, doesn’t it?

    “US President George W. Bush was right in describing Nigeria as a “Continent”. Nigeria is the solution and the problem of Africa. What we need is a strong, vibrant and united Nation.

    TYPE IN THE LINK.

    YOURS TRUTHFULLY……

  • http://www.annansi.com Kofi

    Hello all,
    I really appreciate the comments being left on the the topic of African billionaires and I hope the discussion continues.

    While I feel that the debate has been very educational for all, I would implore everyone to refrain from personal attacks and name calling. I would hate to have to edit people’s comments or close the discussion altogether.

    Thank you all for understanding, and for sharing your viewpoints.

    -Kofi

  • http://yahoo damochy

    the reasons why Africa will never match up to Europe is been high lighted by the comments above. Lack of unity,respect for one another and our various achievements,discortant tunes coming from every corner,jealousy,hatred e.t.c Shame on you guys. Who cares where you come from? Who cares who’s got what? Southern africa,western africa,northern africa,eastern africa,we all have one thing incommon:the African at the end of your region and that to me is the most important,the Africaness in us allm,we are all one and the same,don’t be creating a gulf in the areas where we are all trying to fill up,ONE AFRICA FOR ALL,BLACK POWER FOR ALL. bY the way ,am nigerian

  • brian

    i think tawanda`s comments were right most of u guys have that misconception that there no billionaires in southern africa becoz u are misinformed by biased forbes list

  • tawanda zizhou

    Truth and Jide
    Hey TRUTH My Dear WORST sorry WEST african Brother/Sister first and fore most i come from Zimbabwe in Southern africa and not SouthAfrica.
    i wish to make the following clear First research onthe web of course southern-africa is basically the fastest growing region in africa and is also the least corrupt region i africa-from this Your suggestion that Nigeria is the future of africa as said by BUSH is half true yes with their numbers-like china- there is great poteintial for them the nigerians to be the future of africa
    if they are not corrupt See a million fools will go no where like what nigeria,Rather its better to have afew organised pple like us in the southern prt of africa

    to Jide , i dont like WORST-Africa But ilove africa had it not been for you guys arica would have been a lot dfferent we would not be a called adark continent
    WHAT KIND OF IMAGE ARE YOU GIVING TO AFRICA IF YOU PUNCTURE OIL PIPELINES IN THE NIGER DELTA.

    T Z ZIMBABWE

  • Biafrasoldier

    TO: tawanda

    LOL, please spare me your self-embarassment. Take a look at zimbabwe with inflation as high as %7800. Your people are ****. We can send you food aid from Nigeria because y****** can’t even afford a single meal per day. I hear bread is as scarce as gold in zimbabwe. Men, you need to see a doctor; I think you’re a very sick person. How can you compare zimbabwe to Nigeria or any other country in this world. Go ******!!!!(Comment edited by editor)

  • Claude W Mwaiko

    Ido hope that forbes are real,my message to african bilionaires is that they better have charity to help the suffering african womens and childrens than keeping their money locked up in the eurobanks only! today although i dont have money but i declaire i must enter in this list of billionaires one day not so far as a billionaire from Tanzania, I REPEAT I DECLAIRE!GOD is with me i believe am going to make it!

  • Tawanda Zizhou

    |To bria ….Your view on Zimbabwe is some what biased yes a number of people cannot afford this and that the reason of cause is economic sanctions from the EU & US But let me tell you Zimbabwe is the place to be if you wanna be a billionaire in us dollar terms for the following reasons
    -owing to the negative publicty being given to Zimbabwe companies are bieng sold for hundred times less their value by short sighted investors
    -Also we have the 2nd largest platinum reseves in the world ,not to mention that we also have very large diamond reserves
    MY MESSAGE IS ZIMBABWE IS ONE OF THE PLACES WERE A BLACK AFRICAN CAN BECOME A BILLIONAIRE

  • Almamy

    My dear brothers and sisters,

    I’m an African who left the motherland to go to school in the US. I have to say that it’s very thwarting to read your comments (mainly Truth)about this division of Africa. If we can’t unite to support our continent, then we’ll go nowhere; We’ll be stuck fighting amongs one another (as it seems to be the case in this blog). Perhaps it’s what we are destined for. Please, my brothers and sisters, let’s prove the world wrong about their perceptions of Africa. WE ARE NOT DESTINED TO FIGHT AMONGS ONE ANOTHER.
    CAN’T WE ALL GET ALONG?

    Truly yours

  • Dale

    As l was scrolling down the comments of my fellow africans; a deep and painful reality filled my mind and heart. We as a continent were robbed and stripped of our pride and dignity in clear daylight, over and above the siphoning of priceless cultural treasures and even more economic resources. lnstead of uniting and charging ahead as one great army and reasserting our position in the world it seems we rathe choose to huff and puff about matters that only lead to bitterness and disunity in a continent that needs the exact opposite!

    Brothers and Sisters your fighting benefits those who refered to you as subhumans and regarded your motherland as a trampling ground on which to play their games of greed.

    The threat we now face as a people is now from within; corrupt leaders who are supposed to be directing us to victory and african sellouts who speak ill of their own people for the pleasure of Africa’s detractors.

    l beg of you please, UNITE

    You can either be a victim of the neo-colonial system or a hero of the pan african dream!

    Good Bye

    Clinton Dale Mutambo 18YR old upstart industrialist

    Harare

    Zimbabwe

  • http://s.tvvaz.yahoo.com Levy

    Wow it is so nice to read your mails guys and it proves that some people have to go back to school eg Lie/Truth.It is understandable that others are just bieng proud of thier countries even if there is nothing to be proud of.

    Truth it is understanderble

    Yours in faith L

  • http://asfiyakhanumgmail.com asfiya khan

    sir,
    i would like to become a big billioner of the world ,but iam a girl of 17 years of age.
    so can you do me a favour for doing me great. i will remember you till my last breathe.

  • walter mtshweni

    can u please send me the list of rischest peoples in south africa , i want to know about motsepe and other south african earners

  • mavundla

    send me the richest peoples in mzansi

  • Daniel Mueller

    They’re not discriminating against Africans. For Pete’s sake, Forbes is a business like any other. The more countries that make the rich list, the more markets they can sell their magazines to and the more website hits they get. They WANT new entries from what some consider far-flung places. Dangote and a South African made the list this year. And the way the Nigerian stock market is rising, many others will be on the list in March 2009. They we can celebrate…but what the heck for?

  • Siya M

    Mavundla the richest people in Mzantsi include Patrice Motsepe, a black mining tycoon. He is the first black billionaire to be listed in the Forbes list.
    The usual suspects Nicky Oppenheimer and Anton Rupert also made the list ahead. Those three according to Forbes are three of South Africa’s richest.

  • Tawanda B Zizhou

    I am a Zimbabwean our Economy is In A BAD State full of Distortotions and i love that even though people say that werin a fix this is the biggest oppotunity for people like me and i suppose in an economy with chaos thats the biggest chance for those who have nothing to capitalise on the crisis and make wealth, Look at Nigeria .

    Watch out for multi billionaires in Zimbabwe.

    T Z

  • LESIBE

    can u please send me the list of top 700 rischest peoples in the world.I’m doing a project research about that and if i dont get them before 12th of MARCH i wont winA list of them, thier position,place of residence and the amount of capital they have.

  • http://annansi.com/blog/2007/03/african-billionaires-on-forbes-2006-list/#respond pauleta

    Tz,South african blacks r far beyond to be compared to nigerians.after 300 yrs of bondage but stil havnt come back to they senses.i stil dont when they will pull them self out the stalk poverty that claw among the blacks.millions yrs to come south african blacks will never get the education n intellecture the nigerians get.so either u take it or leave it south african r stil sleeping .how can 1 man be the only rich guy among the millions of u .

  • tz

    Pauleta
    Look at that
    “Tz,South african blacks are far beyond to be compared to nigerians” this is the statement you wrote you said it yourself and South african blacks are far beyond to be compared to nigerians (NOTE I AM ZIMBABWEAN) and for the record here in southERN africa(ZIMBABWE BOTSWANA MOZAMBIQUE SA..etc) we dont mind black or white african is in the mind not the skin which is why most africans of european orign reside here, we embrace diversity – which is why we have vistors from west african nations comming here as if they are neighbours next door. note for the recod embracing diversity is the key to our economic emacipation whichis why the southern african region is perfoming well exept for zimbabwe This is due to santions imposed by the western world.From my view nigerias weaknes is corruption and the niger delta sobotage acts,yet with its population,oil and human resources it can be come the CHINA OF AFRICAisuppose my would agree with me that nigeria is under performing even though they might be doing better than my african countries.

  • kayode salawu

    adenuga is a billion dollarr man

  • Jillian

    Don’t forget East African Taysha Valez. She was born in the USA but she is really East African. And she alone is worth more than a billion usd.

  • oyerinde agunloye

    i want to join the billionaire’s list

  • phat saint

    hello,my dear beloved Africans, it is interesting to know that despite all these years, we still have not realized that only empty barrels make loud and rumbling noises,hmmmm, have you guys ever heard of Europeans and Americans jumbling over nothing? have you heard of Asians ranting over non-sense? it’s so dis-heartening to hear you all brag over nothing, when in actual truth you are all suffering. i think this is the highest level of mental dis-orderliness. bragging over other people’s wealth knowing fully well they don’t know if you ever exist. i think the best you can do is to strive hard to get to the destination of your dreams and then help eradicate the killer diseases(corruption and poverty) which is fast ravaging our dear continent. remember, all the worlds billionaire won’t even spare their hard earned money not even for your praises on them. For your information, am a law student from Nigeria.

  • phat saint

    Is there nobody in the house???????????????????????????????????????????????????????

  • okey

    no need to worry about the african billioners,the most important things is how did they got there money,what kind of things do they manufacture,or did they rob a nation to become a billioner?

    example,we all know fine about bill gate as the owner of micro soft he use his brain, and others use my money and ur money to become a billioner,i think those kind of people are no way to be in the forbes,mostly in africa.

  • http://www.nmandizvidza@yahoo.co.zw Marvin Nyasha Mandizvidza

    Plse africans. U have been given a platform to talk about Billionaires “That are not mentioned” so that they can be included next time. What do you do “KILL EACH OTHER”. Disunity-Is this not the reason Africa still fails to progress? We were divided a longtime ago when they drewup borders for us in Europe and gave us the name Africa. As a new generation we should be working together and be supportive of one another & be working out how we can chart our way out of this position that our Colonial masters left us. We should be fighting for equllity for all africans rather than divisive little squabbles. Yes there are Billionaire Africans North-East-West and South, some legitimate others not so, but the fact remains. What will the owners of this platform think of us when they see what we have exhibited. they will just say ITS TYPICAL and give us the tools of confrontation while our resources become an easy loot.

  • http://www.nmandizvidza@yahoo.co.zw Marvin Nyasha Mandizvidza

    If anything. the blame and hatrade should directed towards our leaders with execption of high calibre leaders like THOMAS SENKARA of BURKINA FASSO and IAN KHAMA of BOTSWANA. These are the real great iconic Heros of Africa.

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