16th Jul2012

FORBES:Ten Young African Millionaires To Watch List

by Shupi

l hope this inspires sopme of you at the start of another work week and maybe after you peak the list below,you may recheck your life and choose to be an employee or employer after you create your own business.You can do it all,if you are determined and believe in yourself!!
Well,according to Mfonobong Nsehe, a Forbes Magazine contributor who compiled the list below, it consists of a handful of young Africans in their 20s and 30s who have built businesses and amassed enviable million-dollar fortunes.

There are thousands of young and immensely successful entrepreneurs across the African continent and in the diaspora.There’s a growing number of Africans aged 40 and under who are legitimately amassing multi-million dollar fortunes. They don’t inherit stuff, they build it themselves.!!

The list comprised of:
•Mark Shuttleworth, 38, South African, Founder, Knife Capital
•Ashish Thakkar, 29, Ugandan, Co-Founder and CEO, Mara Group
•Ladi Delano, 30, Nigerian, Founder and CEO, Bakrie Delano Africa
•Justin Stanford, 28, South African, Founder & CEO, 4Di Group
•Magatte Wade, 36, Senegalese, Founder, Adina World Beat Beverages & Tiossan
•Mike Macharia, 36, Kenyan, Founder & CEO, Seven Seas Technologies
•Vinny Lingham, 33, South African, Founder, Yola Inc
•Kamal Budhabatti, 36, Kenyan, CEO, Craft Silicon
•Yolanda Cuba, 35, South African, Executive Director, South African Breweries
•Jason Njoku, 31, Nigerian, Founder & CEO Iroko TV

As a HUGE fan of lroko Tv,l was uber excited that Jason Njoku,the Ceo and founder made the cut.

Jason Njoku a Nigerian Internet entrepreneur is founder of Iroko TV, the world’s largest digital distributor of African movies. Iroko TV has been dubbed the ‘Netflix of Africa’. Earlier this year, Iroko TV raised $8 million in venture capital from Tiger Global Management, a New York-based private equity and hedge fund run by billionaire Chase Coleman. IrokoTV enjoys lucrative content distribution deals with Dailymotion, iTunes, Amazon and Vimeo. Njoku is unwilling to divulge figures, but analysts believe IrokoTV could be worth as much as $30 million. Njoku is the company’s largest individual shareholder.

Only two woman made the list, Magatte Wade of Adina World Beat Beverages & Tiossan and Yolanda Cuba. Yolanda was 29 when she was appointed CEO of Mvelaphanda Holdings, a Johannesburg Stock Exchange-listed investment holding company.

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FORBES:Ten Young African Millionaires To Watch List, 10.0 out of 10 based on 1 rating

6 Responses to “FORBES:Ten Young African Millionaires To Watch List”

  • Alexio Gomo

    This is a cool post on a Monday..thanks for sharing Shoop!

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  • Henzo

    The whole is about to recognize African potential

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  • Timmy

    Nice to see ambitious young men and women making it inspires me to do better in my own field !!!

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  • LV

    Good for dem!!

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  • Amina

    So cool…l cant wait to join the next list

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  • Gibb

    Awesome!!Most of us has these kind of life changing business success ideas but just dont have access to funds/investors.

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