Three persons of Indian-origin are among the 50 richest people in Africa, according to a list released by Forbes magazine. Vimal Shah, Sudhir Ruparelia and Naushad Merali figure in the list which has been topped by Aliko Dangote, who has a networth of US$ 20.8 billion and is the largest cement manufacturer in sub-Saharan Africa. Shah is a newcomer on the list and ranks 18, with a networth of US$ 1.6 billion as of November 2013. Ruparelia ranks 24 on the list and has a networth of US$ 1.1 billion. The 57-year-old chairs the Ruparelia Group, a Ugandan property and banking conglomerate that owns hundreds of Ugandan properties, hotels and a chain of commercial banks.