Africa's new black billionaires

South Africa’s first black billionaire makes Forbes richest list:
Patrice Motsep, 46 year old attorney and mining magnate owns the mining company, African Rainbow Minerals which he has a 42% stake in the company. The company owns gold, platinum, chrome, coal and iron ore businesses. He was ranked at #503 with an estimated net worth of $2.4 billion dollars.

Mining magnate Motsepe is South Africa's first black billionaire



Nigeria's new Billionaire makes the list:

Nigeria’s Aliko Dangote fortune is estimated at $3.3 billion and he started from a loan from his uncle. And according to BBC “built an empire that includes the number one sugar production company in the country, a cement factory and a virtual monopoly on the production of pasta in Nigeria.” New African billionaires arrive