France's billionaire Perrodo family built an $11.4 billion fortune on Africa's abandoned oil wells

Billionaires Africa | 24.07.2026 15:19
In the early 1990s a French engineer sat down with Amoco to discuss an ageing offshore field in Gabon that the American major had written off. The reservoir was tired, the infrastructure was old, and the economics no longer worked for a company of Amoco's size. Hubert Perrodo bought it.