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African Billionaires
Alote Dankote - Nigeria
Aliko Dangote (52), the 463th richest man on the planet. Dangote’s career spans over various industries including trading in sugar, flour milling, salt processing, cement manufacturing, real estate and oil and gas. Net worth: $2.1 billion. Country: Nigeria.
Johann Rupert
Johann Rupert (59) & family, the 421st richest person in the world. Head of his family business, Swiss luxury group Richemont, Rupert also owns Remgro, a local investment holding company. Net worth $2.3 billion. Country: South Africa.
Mohammed Al Moudi
Africa’s Billionaires (No. 1) * Name: Mohammed Al Amoudi * Net Worth: 10 Billion * Origin: Ethiopia
Mohammed Ibrahim
Africa’s Billionaires (No. 10) Name: Mohammed Ibrahim Net Worth: 2.1 Billion Origin: Sudan
Naguib Sawiris
Naguib Sawiris (55), the 374th richest man in the world, heads up Orascom Telecom, one of largest mobile providers in the Middle East, Africa and South Asia. Eldest son of Onsi Sawiris (#3) and brother of Samih Sawiris (#8). Net worth: $2.5 billion. Country: Egypt.
Nassef Sawiris
Nassef Sawiris (48), 127th wealthiest man in the world; took over leadership of Orascom’s construction and fertiliser division in 1998. Youngest son of the Sawiris (#3). Net worth: $5.9 billion. Country: Egypt.
Nikky Oppenheimer
Nicky Oppenheimer & family (64), the 154th richest person in the world, heads of De Beers Diamond mines, the world’s largest diamond producer. Net worth: $5.0 billion. Country: South Africa. Africa’s Billionaires (No. 3)
Onsi Sawiris
Onsi Sawiris (80), the 307th richest man in the world and self-made billionaire is the founder of Egypt’s business empire, Orascom Construction Industries. Net worth: $3.1 billion. Country: Egypt.
With fabric sales on an upswing, exhibitors left the semiannual Showtime fabric show here this week with the feeling that the upholstery industry has stabilized and is heading for better times. Fabric is the proverbial canary in the mineshaft, a harbinger of how the industry will do in the months ahead. According to several fabric executives, the gradual increase in orders has led upholstered furniture manufacturers to be more confident in projecting their fabric needs and some are even launching new programs. Several mill execs said traffic was strong in their showrooms, ahead of the past few Showtimes.
Some mills are even beginning to accumulate backlogs and run-ons for certain goods that factories predict will be popular, a step that hasn't been taken in recent times.
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