Countries such as South Africa, Angola, Zimbabwe, Swaziland, Nigeria, Morocco, Egypt and Algeria are some of the African countries with billionaires featured in the 2019 Forbes list.
The richest man in East Africa still comes from Tanzania, a new survey by Forbes Magazine reveals.
According to the list, Egypt leads having produced six billionaires followed closely by South Africa, which has five billionaires; Morocco has two while Swaziland, Zimbabwe, Tanzania, and Angola produced one billionaire each.
Mohammed Dewji from Tanzania represented East Africa in the list; Forbes puts his net worth at over Sh100 billion.
Dewji is the Chief Executive Officer of METL, a Tanzanian conglomerate founded by his father in the 1970s. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa.
The Company operates in at least six African countries and has ambitions to expand to several more.
In 2018, the billionaire hit headlines after being kidnapped in Dar es Salaam, he was however found 10 days later.
According to the list Jeff Bezos and Family is the richest man in the world followed by Bill Gates, Warren Buffet and Bernard Arnault at number four.