There’s no money like young money. While African millionaires and billionaires like Onsi Sawiris, Raymond Ackerman, Aliko Dangote and Deinde Fernandez may have more money than most of us can ever dream of, there’s one thing they can never buy: Youth. Even money has its limits. But there are a handful of young Africans in their 20s and 30s who have built businesses and amassed enviable million-dollar fortunes. Call them million-dollar babies. While some are corporate animals; others are empire builders- like Ladi Delano, the restless 30 year-old Nigerian entrepreneur who founded Solid XS, a hugely successful premium Vodka business in China when he was barely 23 years old. He subsequently flipped his vodka company for millions of dollars. Today, he is a co-founder and CEO of Bakrie Delano Africa, a $1 billion investment vehicle committed to making acquisitions in Nigeria’s mining, energy and agriculture sectors. There are thousands of young and immensely successful entrepreneurs across the African continent. 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....More
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