Youssef is responsible for the consumer goods division, which includes the largest supermarket chain in Egypt, the Metro supermarket chain, as well as tobacco brands, and McDonald’s restaurants in Egypt. The Southern African billionaire is into real estate with properties across South Africa, Botswana, and Zimbabwe. Regardless of her recent woes and scandal, this does not invalidate her position as one of the richest persons in Africa. Nicky Oppenheimer: $7.7 Billion (South Africa) image source As a member of a family that owned a diamond company for over 85 years prior to the sale, Nicky Oppenheimer is the 4 th richest man in Africa. Top 10 Richest Pastors in Africa & Their Net Worth 1. The huge Naira investment pf Dangote – Nigeria’s richest man started as a trading company but has since evolved into an industrial refinery dealing in: Source of Wealth: telecom, Self Made The Nigerian movie industry is one interesting space, but, it has witnessed the end of many marriages. Nicky Oppenheimer ($8 billion) Johann Rupert ($7.2 billion) and Mike Adenuga ($6.3 billion) completes the top 5 richest in Africa. He is one of the richest men in South Africa, as well as one of Africa’s top 10 billionaires. Amazon founder Jeff Bezos is the richest man in the world, according to the 2019 Forbes billionaires' list released this week. Youssef Mansour is an Egyptian billionaire businessman and part owner of the Mansour Group. Net Worth: $12.1 billion List of the Richest Women in Africa 2020. The Egyptian businessman has an estimated net worth of $2.3billion as of our last review. Among the list, the only recognized person is Strive Masiya who has a net worth of $1.9 Billion. Forbes estimates his net worth at $2 billion as of January 2021. He is the chief of luxury goods outfit – Compagnie Financiere Richemont, which is dubbed as the largest luxury watchmaker in the world. According to 2021 Forbes ranking, Aliko Dangote of Nigeria is Africa’s richest person (for the 9th year in a row). Folorunsho Alakija’s house in Lagos is ranked as one of the largest houses in the world and rated the most expensive residential house in Africa. Issad Regrab is an Algerian Businessman and Entrepreneur. He founded Capitec Bank in 2001 and owns about an 11% stake. Africa is endowed with so many human and natural resources, but the continent still lags behind on many developmental fronts, especially in wealth creation and income redistribution. He is the richest in Zimbabwean and among the richest in Africa. Aliko Dangote – NW: $21.6 billion ; Dangote is the richest person in Africa and the only African on the list of top 50 richest in the world. Together with his family, he was estimated to be worth $7.2 billion as at January 2021, and was ranked as the second wealthiest person in South Africa and the fourth richest in Africa on the Forbes Africa’s Rich List for 2021. Also, he owns stakes in some top companies like Remgro which he chairs and owns about 7% stake in. Anyway, he was compensated through stock options and grants. The amounts and information next to each name gives clues of what made them rich. Those worthy of mention in this list are Nigerian-born Folorunsho Alakija and Angolan-born Isabel dos Santos; though the latter’s source of wealth is still controversial. Before politics, Aziz Akhannouch was already an established businessman. He is also the chairman of the Nigerian Bank of Industry (BOI). He has investments in the company, Ubuntu-Botho Investments. Mohammed Dewji is arguably the youngest billionaire in Africa to have appeared on Forbes Richest African men. According to Investopedia, when Dangote was young, he bought sweets, gave them to others to sell, and he kept the profits. The group conducts business in 11 countries and employs over 28,000 people. He is not only Africa’s richest man but the world’s richest Black man. Here at Listwand, we are devoted to helping Africans and the whole world in general get relevant and valuable African contents ranging from the happenings, tribes, rankings and cultures of peoples of African origin in both Africa and the African diaspora. In 2019, he was sentenced to six months for tax, banking and customs offenses. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. Masiyiwa challenged the Zimbabwean government in a lawsuit that eventually ended the monopoly of telecommunications in the country. He is the founder and executive chairman of the telecommunications, technology and renewable […] Age: 75. As at January 2021, Rebrab has an estimated net worth of US$4.8 billion. The last time Naira Marley’s net worth was estimated, it was pegged at ₦255 Million by different sources. Source of Wealth: diversified Country: Egypt He is also the president of a royalist political party. Forbes' 50 Richest People in Africa: The African continent has produced many wealthy people; with 28 billionaires. Mohamed Mansour is an Egyptian billionaire businessman and former politician. Othman Benjelloun is a Moroccan billionaire businessman and the oldest billionaire in Africa. As of January 2021, his net worth was estimated to be $8.5 billion, making him the second richest African in 2021, according to Forbes. Today, he is the founder and former Chairman of Capitec Bank Holdings Limited, the emerging middle-class bank in South Africa. Through his company Afriquia, Akhannouch donated roughly one billion dirhams ($103.5 million) to combat the Coronavirus Pandemic in March 2020. a Premier league soccer club. Below is the comprehensive list of the top 20 richest billionaires in Africa and their net worth according to Forbes 2021. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. The Company also holds interest in properties located in Africa, Western Australia, and South America. Here is a list of the richest Presidents in Africa in 2020. He runs OCI, one of the world’s largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange. The Mansours also owns the largest supermarket chain, Metro Markets, raking in millions for Mohamed and his family. David Oyedepo is the founder and presiding bishop of Living Faith Church Worldwide, also known as Winners Chapel. Age: 66. Country: Egypt It is present in not less than six countries across eastern, southern, and central Africa and the young entrepreneur has also expressed his intention to expand the business to more countries. Mike Adenuga is the CEO of Conoil which was the first indigenous Nigerian oil exploration company to strike oil in commercial quantities in Nigeria. Lower prices for oil and other commodities led to a smaller number of African billionaires than a year ago on Forbes’ new list of Africa’s 50 Richest – 23 billionaires this year, down from 28. Rabiu owns two powerhouse cement companies, Obu Cement and Cement Co. of Northern Nigeria. And It is the smallest country in Africa. For the tenth year in a row, Aliko Dangote of Nigeria is the richest person in Africa, worth an estimated $12.1 billion. 10. He later went into oil exploration in Haiti, construction in UAE, mining, and football club ownership (Fulham F.C which he later sold to Shahid Khan in 2013) in England, hospitality business (Hôtel Ritz Paris) in France, and real estate in Scotland. Country: Egypt Although it has been stated that she amassed the majority of her wealth with the aid of her father’s influence as the leader of their country. The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.5% of it. Age: 75. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont, the company is best known for the brands Cartier and Montblanc. Forbes has estimated his net worth at $6.3 billion as at January 2021. Johann Rupert is currently the 5th richest man in Africa. Age: 70. Net Worth: $8.5 billion Rabiu Abdulsamad is the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure, and agriculture. The richest people in Africa are by no means limited to men, even though men make up more than 80% of any list you will see. Patrice Motsepe sits on several company boards, including being the non-executive chairman of Harmony Gold, the world’s 12th largest gold mining company, and the deputy chairman of Sanlam. Listed below are the top 50 wealthiest people in Africa according to the data gather from Forbes. Altogether they are worth $73.8 billion, slightly more than the $73.4 billion aggregate worth of the 20 billionaires on last year’s list of Africa’s richest people. He is the owner of MeTL Group, a Tanzanian conglomerate founded by his father in the 1970s. A church which he founded in 1983 and has since gone on to attain the level of mega church with presence in 65 countries of the world. The lake’s southern end falls … OFFICIAL FORBES: Top 8 Richest People In Malawi And Their Net Worth Read More » He took the company to greater heights as Chairman for 15 years (1997-2012) and today the media company operates in 130 countries. Thus, we have the likes of Koos Bekker, the Mansour, and the Sawiris brothers who are all billionaires with diverse businesses in and around the African continent. An updated list of richest men in Africa and their net worth presently. He owns a 7% stake in diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding co. based in Luxembourg. [8] In 2017, 500 of the richest people in the world became richer by US$1 trillion , according to a report by Bloomberg News . He likes to stay up to date with global news when he is not thinking about future trends in tech. Been home to countless rich individuals and even some of the poorest nations have a couple of billionaires in them, Africa has more than 28 extremely rich people to the top rundown of the wealthiest individuals of the […] To Commemorate the international women's day, here are six quotes from Great Female African Leaders whose work underlines Africa’s progress, its success, challenges, and the continent’s zeal to continue moving forward. He took a loan of Five Hundred Thousand Naira (N500,000) from his uncle, Sani Dangote, to begin the importation business before switching to production. With the introduction of higher educational standards, the women of Africa have started experiencing opportunity and freedom to enterprise more, which was against the old believe that African woman can actually strife to best and peak of their carriers, recently African woman has demonstrated the real vigor in typical Africa, they have been … He ventured into the business world after he and his brothers founded a shipping company in Egypt with its headquarters in Genoa, Italy. Johann Rupert is a golf lover and has contributed to the growth of the sport in South Africa. But with over $27 million investment, he has developed the estate into 65, 000 acres which now has a historic 14th-century pink Balnagown Castle restored and an operational tourist accommodation business. The family business, Mansour Group, controls nine of Egypt’s top Fortune 500 companies. Africa is not entirely backward because of the presence of some countries. 3. Nicky Oppenheimer Dangote is most famous across Africa for his multiple businesses, that cut across various regions in the continent. South African-born Ivan Glasenberg is the CEO of one of the world’s largest commodity trading companies – Glencore International Plc. In recent years there has been a subtle surge of politicians in their 30s and 40s winning leadership roles in Africa, one of them... Nigeria's Ngozi Okonjo-Iweala has been appointed to head the World Trade Organization as it seeks to to resolve disagreements over how it decides cases involving billions in sales and thousands of jobs. Today she is the Vice-Chairman, Famfa Oil, the richest woman in Nigeria and the second richest woman in the whole of Africa. His current net worth is US$2.2 billion. The continent has been blessed with both men and women who have over the years amassed a huge amount of money which they have positively use in changing the state of the country they are from and the continent at large. Also, she is the daughter of former Angolan president, Jose Eduardo dos Santos. As at January 2021, Strive Masiyiwa has an estimated net worth of US $1.2 billion. Net Worth: $1.6 Billion ADVERTISEMENT Malawi, a landlocked country in southeastern Africa, is defined by its topography of highlands split by the Great Rift Valley and enormous Lake Malawi. He runs OCI, one of the world’s largest nitrogen fertilizer producers, with plants in Texas and Iowa. It also has businesses operating in media, real estate development, and hotels. Net Worth: $2 Billion Net Worth: $7.2 Billion Dangote Group was established as a small trading firm in 1977, the same year Dangote relocated to Lagos to expand the company. Mike Adenuga also owns stakes in the oil exploration firm Conoil which operates 6 oil blocks in the Niger Delta. Top 20 Richest People in Africa 2020: Aliko Dangote of Nigeria is the richest man in africa (for the 9th year in a row) His networth is estimated at $10.1b. Naguib Onsi Sawiris is an Egyptian billionaire businessman and the eighth richest man in Africa. Age: 63. Today, Dangote Group is made up of about 13 companies. Among the list, the only recognized person is Strive Masiya who has a net worth of $1.9 Billion. He is the owner of Akwa Group, a multibillion-dollar Moroccan conglomerate with interests in petroleum, gas, and chemicals through its publicly-traded subsidiaries Afriquia Gas and Maghreb Oxygene. Nicky first made it to the Forbes billionaire list after selling his family’s 40% stake in DeBeers to another company, Anglo-American for $5.1 billion in 2012. Net Worth: $3 Billion Age: 59. Alhaji Aliko Dangote is a Nigerian businessman and Africa’s richest man with a net worth of $10.1 billion. Age: 60. Top 10 Richest People In Africa 2021. Top 50 Richest Countries In Africa GDP Per He also has a stake in the Moroccan arm of French telecom firm ‘Orange’. The richest man of Africa drives some of the most expensive cars in the world, including a Bugatti Veyron ($2.2million), a Maybach 57S Knight Luxury ($1million) and a Bentley Mulsanne ($310,000). On this list, the Moroccan businessman is one of the oldest. Today, the company has expanded beyond Africa and has partnered with Philip Morris and McDonald’s franchises. 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Do you know who the ⭐RICHEST MAN IN GHANA⭐ is? Source of Wealth: cement, sugar, flour, Self Made Othman Benjelloun comes from the prominent Benjelloun family in Fez. The company generates revenue in excess of $2 billion. Forbes “Africa’s Rich List 2021” ranked Yasseen as the 18th wealthiest person in Africa for 2021, with a fortune of US1.1 billion. As a group, the continent’s wealthiest 50 are worth $95.6 billion, a decline of $15 billion from a year ago. The bulk of his wealth comes from his banking enterprise, the BMCE Bank or Banque Marocaine du Commerce Extérieur, which operates in 20 African countries. JOHANNESBURG - Aliko Dangote of Nigeria remains the richest person in Africa, with an estimated $10.3-billion (R134-billion) net worth, according to the Forbes Africa Top Billionaires 2019 list. She studied both in the UK and Nigeria for her education and this paved the way for her career. Isabel dos Santos is currently in exile in Portugal because she is currently facing corruption charges with the Angolan government. In January 2021, Forbes estimated his wealth at $3.2 billion. Nassef Sawiris is an Egyptian businessman. As the CEO and founder of Africa’s largest cement producer, Dangote Cement. Nicky Oppenheimer – Net Worth: $7.5 Billion Nicky Oppenheimer is a 74-year-old (June 8, 1945) tycoon and the richest man in South Africa. 59. Sawiris also owns a luxury resort called Silversands in Grenada. Richest Men in Africa and Net Worth. Sadly, this has left many Africans living on the continent in abject poverty with no hope in sight. 4. He is the CEO of Akwa Group, a Moroccan conglomerate that has interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene. Net Worth: $1.2 Billion Though, it is a subsidiary of the Mansour Group. He made his first million at age 26 selling lace and distributing Coca-Cola in Nigeria. Top 50 Richest men in Zimbabwe According to The Zimbabwean Sunday Mail, These are the list of the top 50 richest people in Zimbabwe. He is in the construction sector with a significant stake in cement company Lafarge. Top 20 Richest Men In South Africa And Their Net Worth 2020 1. He is also the chairman of the Nigerian Bank of Industry (BOI). Forbes “Africa Rich List 2021” ranked Youssef Mansour as the 1135th wealthiest person in the world, and the 14th wealthiest person in Africa, with a fortune of US$1.5 billion. Nassef Onsi Sawiris is an Egyptian billionaire businessman, the youngest of Onsi Sawiris’ three sons. Mohamed Mansour is one of the richest men in Africa with an estimated net worth of $3.3bn. A big number of African presidents are worth much more than anyone can imagine. Aliko Dangote, born on the 10th of April 1957, is a Nigerian multi-billionaire and an investor in several businesses including cement, sugar, flour among others, which are all under one umbrella, Dangote Group of Companies. JOHANNESBURG - Aliko Dangote of Nigeria remains the richest person in Africa, with an estimated $10.3-billion (R134-billion) net worth, according to the Forbes Africa Top Billionaires 2019 list. Since 2007, Aziz Akhannouch has been Morocco’s Minister of Agriculture under Prime Minister Abdelilah Benkirane’s cabinet. Rank Name Company Total value … With his wealth of experience, Nassef Sawiris has been a director and member of several companies including, board member of NASDAQ Dubai from July 2008 – June 2010,  board member of Besix (Belgium), and NNS Holding (Luxembourg), Executive Chairman, Aston Villa FC, amongst others. Mohammed Dewji is a Tanzanian businessman and chairman of Mohammed Enterprise Tanzania Limited (MeTL). Algeria, Tanzania and Zimbabwe all have one billionaire each. He was among the heavyweights who vyed for the Confederation of African Football (CAF) top seat – CAF President, but lost to Ahmad Ahmad of Madagascar who assumed office on 29 January 2021. Cevital also owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. Africa is a beautiful continent that boasts of hosting some of the world’s richest people. The only two female billionaires from Africa have both fallen off the list. Country: Egypt He also owns shares in Harmony Gold, through his company ARM. He is a member of the World Union of Arab Bankers and was elected in 2012 as the vice president of the union. Country: Tanzania Source of Wealth: Telecom Patrice Motsepe is a South African mining billionaire businessman of Tswana descent. Hailing from a reputable family, Folorunsho Alakija enjoyed opulence in her childhood. Issad Rebrab is an Algerian billionaire businessman and the CEO of the Cevital industrial group, the largest private company in Algeria, active in steel, food, agribusiness and electronics. He is also the Exclusive distributor in Algeria for Hyundai, Europcar, and Samsung. we have reach people all over Africa but still we live a low standard of Mohamed Mansour is currently the chairman of Mansour Group, a US$6 billion conglomerate – that is the second largest company in Egypt by revenue. Let us take a look at the top 50 richest people and how they reached there. In 2010, Mohamed Mansour founded his own company, Mancapital – a sub-company of the Mansour Group and became its chairman. 2017 Grateful Grads Index: Top 200 Best-Loved Colleges Full List: The World's Highest-Paid Actors And Actresses 2017 Meet The Richest Self-Made Women On Wall Street 2017 Source of Wealth: media, investments, Self Made Who is the richest woman in South Africa? Also, he is the chairman of Algeria’s largest privately-owned conglomerate (Cevital), and most of his wealth is gotten from the company’s production of sugar, vegetable oil, and margarine. Age: 58. Africa is known as the poverty capital of the world. Forbes calculates that the fortune of Folorunsho Alakija of Nigeria, who owns an oil exploration company, dropped below $1 billion due to lower oil prices. Country: Zimbabwe The Dangote Group also dominates the sugar market in Nigeria and is a major supplier to the country’s soft drink companies, breweries, and confectioners. Net Worth: $8 Billion The company deals on rice, edible oil, flour, sugar refining, real estate, cement, and iron and steel. His company ‘MeTL Group’ has investments in manufacturing, agriculture, trading, finance, mobile telephony, insurance, real estate, transport and logistics, and food and beverages. He is also the chairman of La Mancha Resources Inc the company has stakes in Evolution Mining, Endeavour Mining and Golden Star Resources, which operate gold mines in Africa and Australia. With an estimated net worth of $10.3 billion, according to Bloomberg, the Dangote Group founder is the richest man in Africa. According the Forbes ’ 2015 list of Africa’s 50 Richest, Nigerian business magnate Aliko Dangote remains the richest person in Africa and the richest black man … His decision to retire will mark the end of his 20 years of stay at the helm of affairs in the company. His company, Orascom Telecom Holding is dubbed the giant of telecom in Egypt because Naguib has expanded its services to over 20 countries Nicholas F. Oppenheimer is a South African billionaire businessman, philanthropist and the third richest man in Africa and the richest man in South Africa. Aliko Dangote has been the richest man in Africa for nine years in a row, with a net worth more than $10 billion. Net Worth: $1.1 Billion Most of them are politicians, businesspersons, lawyers, and philanthropists. Lower prices for oil and other commodities led to a smaller number of African billionaires than a year ago on Forbes’ new list of Africa’s 50 Richest – 23 billionaires this year, down from 28.
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