Two youngest African billionaires
Two youngest African billionaires as Africa's number of billionaires are increasing.
Two youngest African billionaires are
Africa currently has many African billionaires; Mohammed Dewji is ranked 16th and is the youngest at age 41, his current net worth is 1.4 billion. Isabel dos Santos is ranked 8th with a net worth of 3.2 billion at age 43.
African Billionaire Mohammed Dewji
African billionaire Tanzania’s richest man and Africa’s 31st richest man
Name:
Mohammed "Mo" Gulamabbas Dewji
Net
Worth: $1.4 Billion
Age:
41
Source
of Wealth: Diversified
Residence:
Dar es Salaam, Tanzania
Citizenship:
Tanzania
Marital
Status: Married
Children:
3
Most
Memorable Quote: “Every good and bad experience in life will teach you
something. Choosing how to learn from your past shapes who you are today”
Tanzania'sonly African billionaire Mohammed "Mo" Gulamabbas Dewji is a Tanzanian businessperson,
humanitarian, and former politician. Dewji retired from Tanzania's parliament
in early 2015 after completing two terms. He is the CEO of METL, a Tanzanian
conglomerate founded by his father in the 1970s. METL span's 31 industries in 11
countries, including businesses in agriculture, manufacturing, consumer goods,
finance, mobile telephony, real estate, oil and logistics.
Coca-Cola
has been in Africa for 88 years, "We're taking on Coca Cola with our own
brand called Mo Cola. We're fighting Red Bull with Mo Energy Drink, and like
they have Fanta - we have our own brands," said Dewji in an interview with
CNNMoney March 2016.
Dewji won the 2014 African Philanthropist of the
Year award.
African Billionaire Isabel dos Santos
African billionaire and Africa's richest woman
Name: Isabel
dos Santos
Net
Worth: 3.1 Billion
Age:
43
Source
of Wealth: Investments
Residence:
Luanda, Angola
Citizenship:
Angola
Marital
Status: Married
Children:
3
Most
Memorable Quote: “I
work all the time. Seven days a week”
Isabel Dos
Santos is Africa's only female African billionaire. She is the oldest
daughter of Angola's longtime president. President Jose Eduardo dos Santos has
been in power since 1979 and is Africa's second-longest serving head of state
after Equatorial Guinea's Teodoro Obiang.
Isabel
dos Santos owns a 25% stake in Unitel, Angola’s first private mobile phone
operator, 42% of a bank, Banco BIC and is a major shareholder in several other large
companies in Angola and Portugal. In October 2015, four members of the European
Parliament publicly called for an investigation into her investments in
Portugal.
Angola
is Africa’s top oil producer; June 2016, her father appointed her the head of
Sonangol, Angola's state oil firm. Despite the scandal of nepotism, African billionaire dos Santos in December
2016 stated her intention to remain with Sonangol oil even after her
father retires as Angola’s President after the 37-year rule in 2018.
Isabel
dos Santos says Sonangol will be split into three separate units; exploration
and production, logistics and a division that handles Sonangol’s concessions to
international oil companies. In November 2015, the BBC named Isabel dos Santos
as one of the 100 most influential women in the world.
Did you know
A billionaire is someone who has more than a billion dollars $1,000,000,000 in the form of property, possessions, or dollars, pounds, or other monetary units.
A billionaire is someone who has more than a billion dollars $1,000,000,000 in the form of property, possessions, or dollars, pounds, or other monetary units.
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