Mo Ibrahim Net Worth
Net Worth: $1.8 billion
UK’s Richest Person: #23
World’s Richest People: #692 overall
Net Worth Last Calculated: March 2011
Age:64 ,Citizenship: UK (born in Sudan),Residence:London, United Kingdom
Sudanese-born “Mo” founded Celtel, a mobile phone company that now serves 23 countries in Africa and the Middle East. Sold it in 2005 for $3.4 billion; pocketed $1.4 billion. London resident now spends his time on philanthropy and investing in Africa. Created Mo Ibrahim Foundation to improve governance of African countries.
Most prominent element of the foundation is a lifetime award of $5 million over 10 years, and $200,000 annually thereafter, to an African head of state who has retired within the preceding three years and left his country materially better off and more transparent. Awarding committee decided not to award the prize in 2009 or 2010.
Source: Forbes 2011 Billionaires List
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