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.

Richest person in south sudan

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. In he returned to Sudan and started working for the telephone company, Sudan Telecom. Before funding the Mo Ibrahim Foundation in , Ibrahim was employed by British Telecom and later worked as the technical director for Cellnet now O2 , a subsidiary of British Telecom, where he launched the first cellurar network in the UK. Celtel was largely financed by equity rather than international banks, which were averse to investment in Africa at the time. Ibrahim is the funding chairman of Satya Capital Limited, a private investment firm primarily focused on Africa. Since , Ibrahim has lent his support to the Broadband Commission for Digital Development , a UN initiative which aims to spread the full benefits of broadband services to unconnected peoples.

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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.

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Richest person in south sudan

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.

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Sudanese-British businessman born ISSN Israel at War Tuesdays and Thursdays. Uncommon Knowledge Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground. Ibrahim in New African Magazine. At the Da Vinci restaurant, couples chat and pose for family snaps beside a river, sipping beers as the sun goes down. World Justice Project. Trump is the world's greatest president, and he's the world's greatest man. Prev 1 of 2 Next. Vladimir Putin. 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.

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.

The country, which gained independence from Sudan in , plunged into civil war in December , after President Kiir accused his then-deputy Riek Machar of plotting a coup. Lual was described as the "apparent stepson" of the former army chief in a September report by The Sentry, an investigative unit co-founded by Clooney. 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. Top Most 10 outlines the top 8 richest people in South Sudan and their net worth. To read how Newsweek uses AI as a newsroom tool, Click here. Retrieved 13 November 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 ISSN Subscribe for full access. In the past two years, more than 2m people in a nation of 12m have fled death and ethnic atrocities.