Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching Africa's Richest People 2022 | Forbes. and this video is uploaded by Forbes at 2022-02-27T06:00:07-08:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [9kl9viQJjiU]
| Name | Africa's Richest People 2022 | Forbes |
| Video Uploader | Video From Forbes |
| Upload Date | This Video Uploaded At 27-02-2022 14:00:07 |
| Video Discription | Despite the global coronavirus pandemic, Africa’s wealthiest are richer than they have been in eight years. As a group, the continent’s 18 billionaires are worth an estimated $84.9 billion–15% more than twelve months ago and the largest combined tally since 2014 when there were 28 African billionaires; the average net worth is higher this year due to the current smaller number of list members, Forbes found. Soaring stock prices from Nigeria to Zimbabwe lifted the fortunes of these tycoons, as demand for products from cement to luxury goods ticked up. Forbes used stock prices and currency exchange rates from January 19, 2022 to measure the net worths. Billionaires from seven African countries made the list. South Africa and Egypt have the most, with five each, followed by Nigeria with three billionaires. 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, and 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. Net worths were calculated using stock prices and currency exchange rates from the close of business on Wednesday, January 19, 2022. To value privately held businesses, we start with estimates of revenues or profits and apply prevailing price-to-sale or price-to-earnings ratios for similar public companies. Some list members grow richer or poorer within weeks-or days-of our measurement date. Read the full story on Forbes: https://www.forbes.com/lists/africa-billionaires/?sh=68d14fd024d5 Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success. [9kl9viQJjiU] |
| Category | News & Politics |
| Tags | Forbes | Forbes Media | Forbes Magazine | Forbes Digital | Business | Finance | Entrepreneurship | Technology | Investing | Personal Finance | Alike Dangote | Nigeria | Johann Rupert | Compagnie Financiere Richemont | Nicky Oppenheimer | Diamonds | Strive Masiyiwa | Zimbabwe | Econet Wireless Zimbabwe | South Africa | Morocco | Egypt | Isabel dos Santos | Billionaires |
