With a combined net worth of $67.9 billion, here are the top 8 richest African families and how they built their wealth

Ben Ebuka January 18, 2023
With a combined net worth of $67.9 billion, here are the top 8 richest African families and how they built their wealth
The Adenugas with John Mahama — Photo Credit: Sam Pixels

Mike Adenuga Family (Nigeria)

Net Worth: $5.7 Billion

The family is making fortunes through telecommunications and oil exploration. Mike Adenuga is the second wealthiest person in Nigeria, the sixth in Africa, and 324 in the world. He is the Founder and Chairman of Globacom, the third-largest mobile telecommunication operator in Nigeria with over 55 million subscribers. He owns Conoil, an oil exploration firm operating six oil blocks in Nigeria. He began his business career selling lace materials and distributing soft drinks.

Last Edited by:Mildred Europa Taylor Updated: January 18, 2023

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