Africa is a vast continent with a diverse population and rich natural resources. Africa’s wealthiest people are as diverse as the continent itself, with individuals who have accumulated their wealth through various means such as entrepreneurship, real estate, investments, and natural resources.
A look at Africa’s billionaires
Aliko Dangote, a Nigerian businessman and philanthropist, is the wealthiest man in Africa. According to Forbes, Dangote’s estimated net worth is $13.5 billion, making him the wealthiest person in Africa and the wealthiest black person in the world.
Aliko Dangote
Aliko Dangote is a Nigerian businessman and the founder of Dangote Group, one of the largest conglomerates in Africa. With a net worth of $13.5 billion, according to Forbes, he is the wealthiest person in Africa. His business interests include cement, sugar, flour, and salt. Dangote Group operates in 10 African countries and employs more than 30,000 people.
Johann Rupert
Johann Rupert is a South African businessman and the chairman of Richemont, a luxury goods company that owns brands such as Cartier and Montblanc. His net worth is estimated at $10.7 billion, according to Forbes. Rupert also has interests in other sectors, including real estate and agriculture.
Nassef Sawiris
Nassef Sawiris is an Egyptian billionaire and the chairman of Orascom Construction Industries (OCI), a leading construction and engineering company in the Middle East and North Africa. His net worth is estimated at $8.5 billion, according to Forbes. In addition to his stake in OCI, Sawiris has investments in other sectors, including chemicals, fertilizers, and mining.
Mike Adenuga
Mike Adenuga is a Nigerian entrepreneur and the founder of Globacom, a telecommunications company with operations in Nigeria and Ghana. He also has interests in oil exploration and production through his company, Conoil. His net worth is estimated at $6.3 billion, according to Forbes.
Nicky Oppenheimer
Nicky Oppenheimer is a South African businessman and the former chairman of De Beers, a diamond mining company. His net worth is estimated at $6.2 billion, according to Forbes. Oppenheimer has investments in other sectors, including agriculture and real estate.
Issad Rebrab
Issad Rebrab is an Algerian businessman and the founder of Cevital, a conglomerate interested in various sectors, including food, retail, and automotive. His net worth is estimated at $4.4 billion, according to Forbes. Rebrab is also a philanthropist and has donated to various causes, including education and health.
Mohamed Mansour
Mohamed Mansour is an Egyptian businessman and the chairman of Mansour Group, a conglomerate interested in various sectors, including automotive, retail, and agriculture. His net worth is estimated at $3.3 billion, according to Forbes. Mansour is also a philanthropist and has donated to various causes, including education and healthcare.
Patrice Motsepe
He is a South African businessman and founded African Rainbow Minerals, a mining company interested in gold, platinum, and other metals. His net worth is estimated at $3.2 billion, according to Forbes. Motsepe is also a philanthropist and has donated to various causes, including education and healthcare.
Koos Bekker
Koos Bekker is a South African businessman and the former CEO of Naspers, a media and internet company. His net worth is estimated at $2.8 billion, according to Forbes. Bekker is also a philanthropist and has donated to various causes, including education and the arts.
Strive Masiyiwa
He is the creator and executive chairman of the Econet Group and is ranked #1 on Zimbabwe’s list of the wealthiest people. The business invests in East Asia Pacific Rim, Africa, Europe, South America, and North America. Strive Masiyiwa owns approximately 50% of the mobile phone firm. As of 2023, Strive has an estimated net worth of $1.9 billion.