Categories: Stories

Masiyiwa among the 14 African billionaires too poor to make Forbes 400 rich list

#13 Yasseen Mansour

Net worth: US$1.1 billion

Nationality: Egyptian

Yasseen Mansour, Egypt’s sixth-richest man and the 2 294th wealthiest man in the world, owns a stake in the family-owned conglomerate Mansour Group.

Aside from his business interests in Mansour Group, Mansour is the chairman of Palm Hills Development, a leading Egyptian real estate group.

#14 Othman Benjelloun

Net worth: US$1.1 billion

Nationality: Moroccan 

According to Forbes, Othman Benjelloun, who is worth US$1.1 billion at the time of writing this report, is the world’s 2 363rd richest man and one of Africa’s richest billionaires.

The Moroccan billionaire is best known for co-founding BMCE Bank of Africa, where he currently serves as chairman and CEO.

Based solely on market capitalization, Benjelloun’s stake in the bank was worth $4 billion in 2021.

After purchasing the Mali-based Bank of Africa, his banking firm BMCE Bank now has a presence in at least 12 African countries.-Billionaires.Africa/Own

 

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Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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