Mo Ibrahim not among African richest people — Forbes

Africa’s Richest People 2023 list compiled by Forbes excluded Mo Ibrahim, a Sudanese-British billionaire considered the richest man in Sudan.

The magazine said its 2023 list of African billionaires only tracks the wealth of individuals who “reside in Africa or have their primary business” in Africa.

A recent tweet by Abike Dabiri-Erewa, the Chairman of Nigeria in Diaspora Commission (NiDCOM), brought the net worth of Mo Ibrahim into the spotlight on Nigeria’s social media.

Mrs Abike, in a tweet on April 24, 2023, claimed, “The richest person in Sudan is a Nigerian”.

This generated mixed reactions from netizens, with some reminding her Mo Ibrahim is the richest in Sudan.

A check by LanreNews revealed that Forbes excluded Ibrahim from its recent list of richest African persons.

Forbes, in its methodology, noted, “Our list tracks the wealth of African billionaires who reside in Africa or have their primary business there, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen”.

Others excluded from the list include; “South African Natie Kirsh, who operates out of London, and another billionaire London resident, Mohamed Al-Fayed, an Egyptian citizen.

“Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.”


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