Despite pandemic, Africa’s billionaires 15% richer in 2021

Despite pandemic, Africa’s billionaires 15% richer in 2021

Africa’s billionaires became richer in 2021 despite the devastating impacts of the global pandemic on businesses around the world, a new report by Forbes has revealed.

The continent’s 18 billionaires are now worth an estimated $84.9 billion, which implies a 15 per cent increase within a year and the most since 2014 when a larger number of billionaires (28 billionaires ) were worth $96.5 billion when combined.

“On average, the continent’s billionaires are worth $4.7 billion now vs. $3.4 billion in 2014,” Forbes, a global media company, said in its…

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Despite pandemic, Africa’s billionaires 15% richer in 2021

 

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