- Published: Thursday, 12 January 2017 10:42
- Sourced by SolutionsTeam
Despite reduced number of billionaires in Africa and size of their fortunes, Tanzanian's richest man, Mohammed Dewji, has continued retaining his status-- emerging the youngest billionaire in the continent. Mr Dewji (41), having a $1.4bn wealth, outshines the other 20 billionaires in 6 countries: South Africa, Egypt, Nigeria, Morocco (which have three billionaires each), and Algeria (1 billionaire), Angola (1) as the youngest billionaire, well below the average age of 63 years, according to Forbes magazine. "I plan to donate well above half my net worth to various organizations and individuals for philanthropic purposes, similar to what I have done thus far," said Mr Dewji as he commented on this year's ranking of Africa's billionaires.