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The 4 African universities that have produced the most billionaires on the African continent
Currently, there are 25 African billionaires,out of the continent's over 1.216 billion population
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This represents an additional 233 more than last year. Their riches accumulate to more than $7.67 trillion (£5.9 trillion).
Currently, there are 25 African billionaires, up from 24 last year. Nigerian businessmen Femi Otedola and Abdulsamad Rabiu failed to make the cut this year.
Mohammed Dewji of Tanzania is still the youngest billionaire in Africa with a fortune FORBES estimates at $1.09 billion.
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Angolan investor Isabel dos Santos and oil tycoon Folorunsho Alakija of Nigeria still remain the only two female billionaires on the continent.
Of the total number of billionaires in the world, 25 are Africans residents and almost all of them have been through a university. Our results reveal that very few of the continent's billionaires had their education on the African continent.
Business Insider Sub Saharan Africa dived into the academic history of the super rich on the continent to find which African university they attended.
1.Al-Azhar University
Al-Azhar University is a university in Cairo, Egypt. Associated with Al-Azhar Mosque in Islamic Cairo, it is Egypt's oldest degree-granting university and is renowned as "Sunni Islam’s most prestigious university". Founded in 970 or 972
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Graduate African billionaire:
Aliko Dangote (net worth $12.2billion)
2. Stellenbosch University
Stellenbosch is a university town in South Africa's Western Cape province. It's surrounded by the vineyards of the Cape Winelands and the mountainous nature reserves of Jonkershoek and Simonsberg. The town's oak-shaded streets are lined with cafes, boutiques and art galleries. Cape Dutch architecture gives a sense of South Africa's Dutch colonial history, as do the Village Museum's period houses and gardens.
Graduate African billionaires:
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Johann Rupert ( net worth $ 6.9 billion)
Christoffel Wiese ( net worth $ 5.9 billion)
Jannie Mouton ( net worth $ 1.07 billion)
3. University of Witwatersrand
The University of the Witwatersrand, Johannesburg, is a multi-campus South African public research university situated in the northern areas of central Johannesburg. It is more commonly known as Wits University.
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Graduate African billionaires:
Nathan Kirsh( net worth $ 4 billion)
Koos Bekker( net worth $2.4 billion)
Patrice Motsepe( net worth $1.79 billion)
4.University of KwaZulu-Natal
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The University of KwaZulu-Natal or UKZN is a university with five campuses in the province of KwaZulu-Natal in South Africa. It was formed on 1 January 2004 after the merger between the University of Natal and the University of Durban-Westville
Graduate African billionaire:
Stephen Saad ( net worth $1.18 billion)
NB: The net worth figures are taken from Forbes' live rich list, meaning they are subject to change.
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