5 Richest People in Africa

In this article, we take a look at the 5 Richest People in Africa. If you want to read our detailed analysis of the African economy in general and the outlook on African billionaires in 2021 and beyond, go to the 15 Richest People in Africa.

5) Mike Adenuga (Nigeria)

Net worth: $6.1 billion (2021)
Age: 67

Mike Adenuga’s main source of wealth is his company Globacom, which is the second-largest telecom services provider in Nigeria, serving over 43 million subscribers. In addition, he also owns stakes in Conoil and Equitorial Trust Bank. All these ventures have enabled him to become the second richest person in Nigeria. During his studies at Pace University in the United States, Adenuga used to drive a taxi to support himself.  During the early years of his career, Adenuga started several hustles doing petty businesses such as selling laces and distribution of soft drinks.