Former Governor of Abia State, Orji Uzor Kalu, and former MD of UBA, Tony Elumelu both made the list of Africa’s 50 Richest People as released by Forbes.
According to Forbes, among the list of Africa’s 50 Richest, Nigeria claims 13 spots while South Africa has 11 billionaires.
Africa’s 50 richest are also wealthier than a year ago. Their combined net worth of $110.7billion is 6.7% more than in Nov. 2013. The minimum net worth needed to join this elite group rose to $510 million, up from $400 million a year ago.”
There are three new billionaires on the list: Orji Uzor Kalu of Nigeria, Tony Elumelu of Nigeria and King Mohammed VI of Morocco.” Forbes reports.
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