Written by Luxlife | 14 March 2012

Ever wondered who are the richest people on the Black Continent? Well, before proceeding with the list, there are a few facts that you should know. The 25^th year of global wealth checklists from Forbes has brought us two records. There are 1,210 listed people, the greatest number ever reached, with a combined wealth of $4.5 trillion.

The Gross Domestic Product of Germany is lower than this sum, one of the very few countries to have fewer people in this list. The new names that joined Forbes’ Richest People list mainly come from Brazil, Russia, India and China, 108 of the 214 new names.

With 16 representatives among the list, Africa features billionaires from Morocco, Nigeria, Egypt and South Africa. The first 10 African Billionaires are ranked as followed:

No. 1 – Aliko Dangote

Written by Luxlife | 13 December 2011

Everything Donald Trump does is over the top so it's no surprise then that his Boeing 757 private jet is equipped with only the biggest and best accessories. The aircraft can hold up to 43 passengers and has a dining room, master bedroom and bathroom, guest bedroom, and VIP lounge, complete with Rolls Royce engines powering it all.

 

Written by Luxlife | 29 November 2011

London based GRAFF Group known for its diamond jewellery announced plans for an IPO next year on the Hong Kong Stock Exchange.

Written by Luxlife | 07 November 2011

The sudden decision by the Oppenheimer family to sell its 40% stake in De Beers to diversified global miner Anglo American [JSE:AGL] for $5.1bn (R40bn) has raised questions about the impact of nationalisation talk on investment.