Forbes has released full list of top Richest Men in Africa 2020, as Aliko Dangote maintains his number one position, but reduced by $10.1bn compared to last year’s net worth $10.3bn.
Another Nigerian, Folorunsho Alakija was one of the billionaires, suffered a drop in her net worth between last year and this year, held the last position on the 20-man list. The according to reports, Mike Adenuga’s net worth dropped from $9.2bn to $7.7bn due to a decline in the value of oil.
Adenuga, who is the owner of Globacom, emerged Africa’s 3rd richest man this year from his second position last year. Others are Nigeria’s cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, rose from 16th position to 8 position this year.
See Full List of Top Richest Men in Africa Below;
| Rank | Name | Age | Net Worth | Origin of Wealth | Citizenship |
| 1 | Aliko Dangote | 62 | $10.1 B | cement, sugar, flour | Nigeria |
| 2 | Nassef Sawiris | 59 | $8 B | construction, chemicals | Egypt |
| 3 | Mike Adenuga | 66 | $7.7 B | Telecom, oil | Nigerian |
| 4 | Nicky Oppenheimer | 74 | $7.7 B | Diamonds | South Africa |
| 5 | Johann Rupert | 69 | $6.5 B | Luxury goods | South Africa |
| 6 | Issad Rebrab | 76 | $4.4 B | Food | Algeria |
| 7 | Mohamed Mansour | 72 | $3.3 B | Diversified | Egypt |
| 8 | Abdulsamad Rabiu | 59 | $3.1 B | Cement, sugar | Nigeria |
| 9 | Naguib Sawiris | 65 | $3 B | Telecom | Egypt |
| 10 | Patrice Motsepe | 58 | $2.6 B | Mining | South Africa |
| 11 | Koos Bekker | 67 | $2.5 B | Media, investments | South Africa |
| 12 | Yasseen Mansour | 58 | $2.3 B | Diversified | Egypt |
| 13 | Isabel dos Santos | 46 | $2.2 B | Investments | Angola |
| 14 | Youssef Mansour | 74 | $1.9 B | Diversified | Egypt |
| 15 | Aziz Akhannouch | 59 | $1.7 B | Petroleum, diversified | Morocco |
| 16 | Mohammed Dewji | 44 | $1.6 B | Diversified | Tanzania |
| 17 | Othman Benjelloun | 87 | $1.4 B | Banking, insurance | Morocco |
| 18 | Michiel Le Roux | 70 | $1.3 B | Banking | South Africa |
| 19 | Strive Masiyiwa | 59 | $1.1 B | Telecom | Zimbabwe |
| 20 | Folorunsho Alakija | 69 | $1 B | Oil | Nigeria |