Here are Africa’s 19 billionaires according to Forbes’ latest billionaires list
While the number of African billionaires rose from 18 to 19, their collective wealth took a hit.
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While the number of African billionaires rose from 18 to 19, their collective wealth took a hit.
Oppenheimer has seen his net worth soar from $8.03 billion at the start of the year to $8.23 billion.
Three African billionaires managed to buck the trend.
The bump in Oppenheimer’s wealth solidifies his position as one of Africa’s wealthiest billionaires.
Oppenheimer derives his fortune from private equity investments.
The majority of Oppenheimer’s billion-dollar fortune stems from his private equity investments.
Oppenheimer’s $7.93-billion net worth is derived from a mix of private equity investments.
Oppenheimer also owns South Africa’s largest private game reserve, Tswalu Kalahari.
Rupert and Oppenheimer remain the two wealthiest billionaires in South Africa.
Despite the slump in his net worth, Oppenheimer still ranks as the second-richest man in South Africa.
Oppenheimer still remains one of the continent’s wealthiest businessmen.
Oppenheimer’s net worth rose from $8.3 billion to $8.43 billion.
Sundry Markets was founded nearly seven years ago by Nigerian businessman Ebele Enunwa.
Among them are Africa’s richest man Aliko Dangote and Egypt’s wealthiest man Nassef Sawiris.
Oppenheimer remains one of Africa’s richest billionaires and South Africa’s second wealthiest person.
This comes after the family filed a lawsuit on June 2 to stop Pearline Mineral Exploration from mining on the Shangani Ranch.