Africa’s Richest People 2022
By David Dawkins, Jemima McEvoy, Rachel Sandler and Chase Peterson-Withorn and Kerry A. Dolan
For the 11th year in a row, Alike Dangote of Nigeria is the continent’s richest person, worth an estimated $13.9 billion, up from $12.1 billion last year following a 30% increase in the stock price of Dangote Cement, his most valuable asset. A surge in housing developments in Nigeria and growth in government infrastructure spending drove higher demand in the first nine months of 2021, analysts found. Jumping into the No. 2 spot–up from No.
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