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.

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.

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. Each of them is worth millions of dollars. There are no politicians or criminals here — just good and maybe corrupt, successful businessmen. Kur Ajing is the biggest cars dealer in the country. He is rumored to be a contracted supplier of food and uniform to army headquarters, Bilpham. Ayii falls under number six because being an investor in hospitality sector which has been greatly affected by the current economic and political crisis in the country. He owns South Sudan Hotels which are found in major towns all over the country. Due to the current conflict in the country, Bol Mel wealth has greatly diminished because his main sources of wealth was the construction company, ABMC and since war broke out in , he has greatly made a big lost. According to media reports, he collectively owns Construction Company with President Kiir. Prev 1 of 2 Next.

Newsweek contacted both branches of the Red Cross for confirmation. This article may have been created or edited in return for undisclosed paymentsa violation of Wikipedia's terms of use.

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.

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. Each of them is worth millions of dollars. There are no politicians or criminals here — just good and maybe corrupt, successful businessmen. Kur Ajing is the biggest cars dealer in the country. He is rumored to be a contracted supplier of food and uniform to army headquarters, Bilpham.

Richest person in south sudan

South Sudan became the world's newest country and Africa's 55th nation on 9 July The South Sudanese Civil War , which started in December , undermined economic development achieved since independence, making humanitarian work difficult to conduct within the country. As such, South Sudan is facing economic stagnation and instability in its first 10 years after independence. Moreover, poverty is widespread throughout the country as a result of inter-communal conflict, displacement, and external fear. It has a very fertile agricultural land and vast quantities of livestock. The livestock include over 60 million cattle, sheep and goats. Instability , unsatisfactory governance, and corruption continue to hinder development in South Sudan. South Sudan is mostly underdeveloped, and one of the least developed countries ; most cities in the country have no electricity or running water, and overall infrastructure is lacking, with only 10, km 6, mi of paved roads.

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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. In several pictures he is seen traveling in what appears to be the first-class section of a plane, but the pictures are captioned with messages such as: "Smart boy for life enjoying first class. Hania Morsi Fadl. Due to the current conflict in the country, Bol Mel wealth has greatly diminished because his main sources of wealth was the construction company, ABMC and since war broke out in , he has greatly made a big lost. 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. The London Gazette Supplement. Unlimited access to Newsweek. Promoted Content. Accessibility help Skip to navigation Skip to content Skip to footer. Get instant alerts for this topic Manage your delivery channels here Remove from myFT. Subscribe now. Editions: U.

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.

Retrieved 29 September Newsweek magazine delivered to your door Unlimited access to Newsweek. The newest country in the world is in dire need of committed, educated nation builders. The country is currently facing hunger and the world is trying its best to avert the situation. In the Facebook video, Lual addressed his critics, saying there were many "great people" who showed off their wealth. Thousands of people have been killed; soldiers and rebels have brutally raped and abused civilians, displacing more than 2 million; and parts of South Sudan have experienced famine in recent months. Like many South Sudanese, his first wife lives in neighbouring Uganda so the children, three of whom are of school age, can get a good, safe education that poorer South Sudanese cannot hope to access at home. Unlimited access to Newsweek. The scholarships are initiated for African students, both master students and postgraduates. Download as PDF Printable version. World Justice Project.