Richest person in south sudan

Top Most 10 outlines the top 8 richest people in South Sudan and their net worth.

Updated He's got a penchant for flashy suits and first-class flights, and is the apparent stepson of South Sudan's ex-army general who is accused of orchestrating massive violence in the world's youngest country. He's also a self-professed "diehard" fan of President Donald J. Lawrence Lual Malong Yor Jr. He claims to be a self-made billionaire working on behalf of the embattled people of South Sudan , which has been engulfed by war for over three years and teetering on the edge of famine. But an investigative unit backed by George Clooney has questioned whether Lual's wealth was earned legitimately or through privileged access to the country's top officials, including President Salva Kiir. Newsweek contacted both branches of the Red Cross for confirmation. Noellah Musundi, public relations manager at the Kenya Red Cross, told Newsweek : "The claims in the video are not correct…We are following up on this false claim, which is misleading and malicious.

Richest person in south sudan

Katrina Manson. Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The newest country in the world is in dire need of committed, educated nation builders. But many of its most wealthy citizens park everything from their assets to their families — and themselves — outside the country. Little wonder, perhaps. The people of South Sudan spent decades fighting a war of secession with the Khartoum government to the north, only to plunge into its own civil war soon after winning independence in In the past two years, more than 2m people in a nation of 12m have fled death and ethnic atrocities. An August peace deal may see government and rebels form an interim joint administration, but even if that comes off, trenchant poverty and insecurity will pervade for years. Alongside that, due to reduced petroleum output because of fighting, a bad deal agreed with the north and falling world prices, the oil-based economy is shattered. Without incoming dollars to sustain central bank reserves, the currency is now in meltdown. Yet many have found a way to make money, thanks to the combined impact of oil revenues, aid dollars and an unhealthy dose of corruption.

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He worked for several telecommunications companies, before founding Celtel , which, when sold, had over 24 million mobile phone subscribers in 14 African countries. He is also a member of the Africa regional advisory board of London Business School. Ibrahim has pledged to give at least half of his wealth to charity by joining The Giving Pledge. He was born on 3 May in Sudan , of Nubian descent, the second of five children, four of whom were boys. Ibrahim has a bachelor's degree from Alexandria University in electrical engineering.

Each person has founded, owns and runs businesses with proven annual revenues of eight figures or more. Sudanese-born telecom tycoon Mo Ibrahim is one of the richest Africans in the world. Bashir Elnefeidi eventually grew the little shop into a larger wholesale outlet with the support of his two brothers, and by the s had diversified into livestock, oil and transportation. The group is most famous for its transportation division, which began operations in with 15 Fiat trucks, but has since since expanded to trucks and trailers to become the largest inland logistics company in Sudan and one of the largest in Africa. Five decades later, Amin El-Nefeidi, along with his children, now run the business. SAY Co. Serrano is a reporter specializing in oil and gas, finance, and politics. Earlier in his career, Eduardo served as a special advisor to the administration of former Mexican President Ernesto Zedillo, and in this role worked intimately with Luis Crescencio Sandoval Gonzalez, Mexico's current secretary of defense, as well as other domestic and foreign political stakeholders. Over the years, he has worked on international lobbying and consulting projects for an array of political and private-sector clients, chambers of commerce, and business councils worldwide. As an interesting aside, Eduardo worked in media for a short stint in the former Soviet Union, including as a broadcaster on public television.

Richest person in south sudan

Top Most 10 outlines the top 8 richest people in South Sudan and their net worth. South Sudan is a very wealthy country but the wealth and resources are being controlled by very few elites in the country. The country is currently facing hunger and the world is trying its best to avert the situation. We have billionaires in the country and they seem to be busy enjoying their wealth ignoring the suffering of the citizen. Here are ten low-key, ultra-wealthy richest men in South Sudan, entrepreneurs and business leaders.

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The country is currently facing hunger and the world is trying its best to avert the situation. Little wonder, perhaps. Newsletters in your inbox See all. Without incoming dollars to sustain central bank reserves, the currency is now in meltdown. The newest country in the world is in dire need of committed, educated nation builders. Ibrahim is married to Jane Ibrahim. Israel at War Tuesdays and Thursdays. Tech Show more Tech. Mercy Corps. The report said that Lual was active in South Sudan's mining sector and has ties to companies involved in the mining of gold and diamonds, among other minerals. Donald Trump. In The Magazine.

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Jeune Afrique , via Celtel. Retrieved 19 May Katrina Manson. Companies Show more Companies. You can unsubscribe at any time. Yet many have found a way to make money, thanks to the combined impact of oil revenues, aid dollars and an unhealthy dose of corruption. In apparent contravention of South Sudanese law, Lual said he did not have to go through a public-tender process to secure mining contracts, explaining that this was due to a lack of competition, and denying that he benefited from his apparent relationship to Malong and closeness to Kiir. Promoted Content. He was born on 3 May in Sudan , of Nubian descent, the second of five children, four of whom were boys. Many are even proud that South Sudan is one of the few African countries that, on balance, sends millions of dollars out to its diaspora, rather than relying on remittances sent in from abroad. Unlimited access to Newsweek. Ventures Africa. Retrieved 9 June In the Facebook video, Lual addressed his critics, saying there were many "great people" who showed off their wealth. Ibrahim has pledged to give at least half of his wealth to charity by joining The Giving Pledge.