Forbes list for Africa’s Richest People 2021 includes Egypt’s Nassef Sawiris in 2nd place

According to The Forbes list of Africa’s Richest People 2021 Nassef Sawiris of Egypt, whose largest asset is a nearly 6% stake in sportswear maker Adidas is the e second richest in Africa.

In Africa—as elsewhere in the world—the wealthiest have come through the pandemic just fine. The continent’s 18 billionaires are worth an average $4.1 billion, 12% more than a year ago.

For the tenth year in a row, Aliko Dangote of Nigeria is the continent’s richest person, worth $12.1 billion, up by $2 billion from last year’s list thanks to a roughly 30% rise in the share price of Dangote Cement, by far his most valuable asset.

Nicky Oppenheimer of South Africa was the third, he inherited a stake in diamond firm DeBeers and ran the company until 2012, when he sold his family’s 40% stake in DeBeers to mining giant AngloAmerican for $5.1 billion.