Don't Copy. Presently, we know who the wealthiest man in Africa is. Abdulsamad Rabiu is the ninth richest man in Africa and the number 8 on this list. Musa I (c. 1280 – c. 1337), or Mansa Musa, was the tenth Mansa (a military title meaning "conqueror" or "emperor") of the Mali Empire, an Islamic West African state.He has been described as the wealthiest individual in all human history. Mohamed Mansour is one of the richest men in Africa with a net worth of $3.3 billion according to Forbes. See top 10 richest men in Africa He is popularly known for transforming South African newspaper publisher Naspers into an eCommerce investor & cable TV powerhouse. The business tycoon built his fortune in telecom and oil production. Nicky Oppenheimer is the head of one of South Africa’s richest families. For the ninth time in a row, Aliko Dangote was named the richest man in Africa in 2020, with an estimated net worth of $10.9 billion. No doubt no one has been able to take over him. The 12th richest man in Africa is Egyptian’s Yasseen Mansour who is a shareholder in family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Dangote has an estimated net worth of US$13.5 billion. The Egyptian oversees a family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! Although the immense portion of his business wealth stems from the Mansour Group, Yassen Mansour features among the largest stakeholders in Palm Hills Developments. South Africa’s Johann Rupert is the new richest person in Africa. Dangote Cement produces 45.6 million metric tons of the essential commodity every year and has operations in 10 countries across Africa. Stephen Saad is a self-made billionaire and the originator of Africa’s biggest pharmaceutical producer –Aspen. He sits at the head of a vast conglomerate of companies which he founded, and which all bear his name; Dangote Group. SAPETRO is an exploration company in the Nigerian Oil & Gas sector. Aside from the businesses under his control, he has other assets which include stakes in cement giant Lafarge Holcim and sports kits manufacturer Adidas. Read below to find out who are really the richest billionaires in Africa. Aliko Dangote is the richest man in Africa 2020. He also owns at least 720 square miles of conservation land across South Africa, Botswana, and Zimbabwe. His BUA Group also owns Obu Cement, which expanded its production with a new line in 2018. Ali Bongo Ondimba (born Alain Bernard Bongo; 9 February 1959), sometimes known as Ali Bongo, is a Gabonese politician who has beenPresident of Gabonsince October 2009. Compagnie Financiere Richemont was formed in 1998 when Rembrandt Group Limited (now Remgro Limited) diversified. Aliko Dangote / Net worth of $8.4 billion ~ ₦3,275 billion - the official richest man in Nigeria & Africa Aliko Dangote was born on April 10, 1957, to an affluent and highly esteemed family. Dangote’s current net worth is valued at $8.4 billion. His father was a shareholder in RMA Watanya, a Moroccan insurance company; Benjelloun built it into a leading insurer. #1) Aliko Dangote – The Richest Man in Africa. The Egyptian mogul currently worth around $6.2 billion. Since he succeeded his deceased father and former Moroccan King –King Hassan II –in 1999, King Mohammed VI has remained Morocco’s leader. He is independent and his wealth originates from creating and refining different products: sugar, bond, and so on. As a vibrant business tycoon, Mohammed Dewji happens to be the reputable owner of METL (Mohammed Enterprises Tanzania Limited). Believed to be worth around $2.1 billion, Othman Benjelloun has amassed his great fortune through BMCE –regarded as one of the biggest banks in Morocco. Naguib Sawiris is the majority owner of Euronews. Save my name, email, and website in this browser for the next time I comment. Nicholas F. Oppenheimer was born on the 8th of June 1945. However, some reports claimed Christoffel Wiese once experienced a decline in his net worth and according to estimates obtained from the list of richest Africans, the retail tycoon’s net worth decreased to $1.1 billion {Forbes}. Don’t forget to read to the end; we also discuss what we have learned from them, and share an idea or two with you. Miloud Chaabi is the owner of numerous assets including Aswak Assalam [a chain of supermarkets] and Riad Mogador hotel. Abdulsamad Rabiu retains control of the company with ownership of 98.5% of the company shares. The billionaire also has plans to build a steel mill in Brazil to produce train tracks and improve transportation logistics for sugar, corn and soy flour exports. Net Worth. Following a large number of acquisitions in 2013, Aspen was able to broaden its operational scope and now, the pharmaceutical producer deals in generic drugs across 150 global countries. He is currently worth $10.3 billion and that is $2 billion less than a year ago due to a fall in Dangote Cement stock. Notify me of follow-up comments by email. #AlikoDangote: Although Dangote’s net worth has suffered a series of setbacks for about two consecutive years, the reputable Nigerian businessman has maintained the greatest spot as Africa’s richest man and the world’s richest black man. Currently, Mohammed Al Fayed owns various assets including a website (known as Cocosa) and Hotel Ritz –a renowned hotel in the capital city of France. With a net worth of $10.1 billion, Nigerian billionaire Aliko Dangote is the wealthiest man in Africa and the only African on the list of top 100 richest in the world. Below is the comprehensive list of the top 20 richest billionaires in Africa and their net worth according to Forbes 2021. Cevital is a holding company with diversified interests. 2. Likewise, the business tycoon holds a CA as an alumnus of the South Africa Institute of CAs. He is the majority owner of Akwa Group, a multibillion-dollar conglomerate founded by his father and a partner, Ahmed Wakrim, in 1932. He sold Orascom Telecom to VimpelCom (now Veon) from Russia in 2011 for a fee calculated in billions of dollars. Therefore, it isn’t a surprise that most of the richest people in Africa on this list, come from these four countries. Dr. Mike Adenuga is Nigeria’s third-richest man and also the second richest man in Africa with a net worth of $7.7 billion. At the moment, Naguib Sawiris is currently the eighth richest man in Africa. There’s been a shakeup or two on the list of Africa’s richest people this year. The Egyptian mogul currently worth around $6.2 billion. It is therefore refreshing to see for a change, a list of people who have defeated all odds to become wealthy on a scale that will impress even the … He initially ventured into the distribution of rice, but then diversified first into cement, and then other sectors. He has contributed massively to South Africa’s expansive business sector –particularly through his company (ARM). Nassef Sawiris $8.5 billion. Folorunsho Alakija is the second richest female billionaire in Africa with a net worth of $1.0 billion. He is one of the country’s biggest landlords with 720 square miles of conservation land across South Africa, Botswana, and Zimbabwe. Aliko Dangote. #AzizAkhannouch doubles up his business involvement as Morocco’s incumbent Minister for Agriculture. 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. Top 20 Richest Countries In Africa Based On GDP Per Capita, Richest Musicians in Nigeria, Top 50 {Forbes Latest Ranking}, TOP 20 RICHEST MUSICIANS IN AFRICA AND THEIR NET WORTH, Poorest Countries In Africa, Top 25 By GDP per Capita, Richest Man In Kenya Top 20 Wealthiest People In Kenya. A list of the current richest black Men in South Africa. Here is another business giant from the Sawiris family –the wealthiest Egyptian descents. Africa is the continent most associated with suffering on a frighteningly large scale. He is the founder and chairman of Dangote Cement, the continent’s largest cement producer. Alhaji Aliko Dangote is famous around the world for being the wealthiest man in Africa. Jacobus Petrus Koos Bekker is a wealthy person and the Chairman of Naspers –one of the giant media companies in Africa. South Africa is a combination of whites and blacks. At the moment and based on estimates, his net worth hangs around $2 billion. He is the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 – the first black African on the Forbes list. Strive Masiyiwa is the richest man in Zimbabwe and the 19th richest billionaire in Africa with a net worth of $1.1 billion. Aside from Dangote, who else made the list of richest persons in Africa. We discuss a little about their personal lives, as well as what decisions have aided them to success. His mobile phone network, GLobacom is the third-largest operator in Nigeria with over 43 million subscribers. In 2016, Motsepe launched a new private equity firm, African Rainbow Capital, focused on investing in Africa. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Johann Rupert is the second richest man in South Africa and the fifth richest man in Africa with a net worth of $6.5 billion. Dangote Group founder Aliko Dangote is the world’s richest black person. Besides this, several other businesses –pertaining to hotels, real estate, and media –are managed by Akwa Group. Over the years, he has remained consistent with his thriving diamond business. Akhannouch is Morocco’s Minister of Agriculture and Fisheries and the president of a royalist political party. Dangote is a Nigerian business tycoon and philanthropist. In 1997, he bought low-producing gold mine shafts and later turned them profitable. He is the founder of Capitec Bank where he owns about 11% stake. This famous company was established by his father Loutfy Mansour in 1952. The Richest man in Africa is some but not all of those and we’ll not just look at him alone, we’ll also examine the top ten and their net worth for you to confirm that he really is the richest amongst the richest. Meanwhile, Johann Rupert is not only a billionaire but also an incredible person who has made the business fortune through his luxury goods outfit. Nassef Sawiris is the richest man in Egypt and the second richest man in Africa with a net worth of $8 billion. BMCE spans its banking operations across many African countries and over 40% of its overall income comes from its international operations. Famfa Oil’s partners include Chevron and Petrobras. As a diamond magnate, Nicky Oppenheimer has built a massive business empire for himself and this clearly distinguishes him as the second wealthiest person on the entire African continent. In Mohammed Dewji’s mission, the young billionaire –also regarded as Tanzania’s only billionaire –aims to alleviate the incidence of poverty ravaging some Tanzanian Regions. Cevital also owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. Content is protected by the Digital Millennium Copyright Act (DMCA). Dangote … Le Roux previously ran Boland Bank, a small regional bank in Cape Town’s hinterland. It will be one of the tallest buildings in Africa. #JohannRupert: One of the richest men in Africa, Johann Rupert is endowed with a host of business magnates who have transformed the country’s business sector through their business empires. Dangote Cement is the largest cement producer on the continent. Besides his enormous business contributions which signify Tanzania as one of the largest economies in East Africa, Mohammed Dewji has boosted his reputation through several philanthropic efforts. Dangote Cement is the largest cement producer on the continent. Nassef Sawiris is a standalone billionaire in a family of billionaires. His other assets include stakes in mobile phone networks in Burundi and Lesotho and investments in fintech and power distribution firms in Africa. Isabel do Santos is the richest woman in Africa with a net worth of $2.2 billion. Having acquired a taste for vehicle sales, he went on to partner with heavy-duty machinery company Caterpillar, getting the sole distribution rights to their equipment in Egypt and seven other African countries. The magazine disclosed that as of 2020, the 62-year-old is worth $9.1 billion. $12.1 B. Granted those images are largely true and they reflect the ordeal that Africa as a whole has had to pass through. Naguib Sawiris is the second richest man in Egypt and the ninth wealthiest African alive with a net worth of $3 billion. He has a brilliant mind and trained as a lawyer. Together with his family, Nicky Oppenheimer’s worth is valued at 7.5 billion. Significantly, METL has business operations that span across transportation, agriculture, textile making, and real estate. (adsbygoogle = window.adsbygoogle || []).push({}); Top 20 Richest Men In Africa 2021 {Net Worth}. Over the years, Africa has maintained a fast-rising pace on the global wealth ladder. He has built his empire on telecom and oil production. That merger gave birth to BUA Cement Plc, which now trades on the Nigerian stock exchange. Nicky Oppenheimer is not only an influential businessman but also the second richest person in Africa. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. GOtv Ghana Subscription Packages, Channels & Prices 2021, DStv Ghana Subscription Packages, Channels & Prices (2021), Top 10 Best Medical Universities In Africa 2021, Top 10 Most Beautiful University Campus in Africa 2021, Top 10 Richest Pastors in Africa and Net Worth 2021, 50+ USA Scholarships for Ghanaian Students 2021/2022, GNPC Scholarships Application Form 2020/2021 [UPDATED], Free SHS Tertiary Scholarship Application Form 2020/2021, 20+ Undergraduate Scholarships for Ghanaian Students 2021/2022, Colleges of Education Admission Lists 2020/2021 – Daily Updates, (NEW) WAEC Timetable 2020 for (Nov/Dec) Private Candidates, (NEW) WAEC BECE Timetable For September 2020, 100+ UK Scholarships for Ghanaian Students 2020/2021, Ghana Universities 2020/2021 Admission List – Daily Update, Ghanaian University Ranking 2020 – Top Universities in Ghana, 20+ Canada Scholarships for Ghanaian Students 2021/2022, 50+ Foreign Government Scholarships 2021/2022 for Ghanaians. {{Owing to his significant achievements in the business scene, Johann Rupert is the highest shareholder in Shoprite –Africa’s biggest supermarket chain and retail outlet.}}. Issad Rebrab is the richest man in Algeria and the sixth richest man in Africa with a net worth of $4.4 billion according to Forbes. Your email address will not be published. Johann Rupert lives in South Africa but runs a huge luxury goods business in Switzerland called Compagnie Financiere Richemont. Alhaji Aliko Dangote still maintains his spot as Africa’s richest man according to Forbes Magazine. Each of the three brothers has a share portion in the Mansour Group –an Egyptian conglomerate with high Caterpillar dealerships in several African countries and in Russia. He is a scion of Egypt’s wealthiest family. The company was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s. His primary businesses include cement, sugar and flour. His father and former Moroccan king –King Hassan II –had a large share portion accounting for 40% of the entire shareholding in (SNI) Societe Nationale d’Investissement. Alhaji Aliko Dangote is a Nigerian businessman and Africa’s richest man with a net worth of $10.1 billion. Mohammed Mansour established General Motors dealerships in Egypt in 1975 and then grew to become one of General Motor’s biggest distributors worldwide. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg and then started a contracting business doing mine scut work. The richest men in Ghana have a relatively low income when compared to other countries like Nigeria and South Africa. Benjelloun inaugurated a $500 million plan to build the 55-story Mohammed VI Tower in Rabat. Ali Bongo is the son of Omar Bongo, who was President of Gabon from 1967 until his death in 2009. During his father’s presidency, he was Minister of Foreign Affairs from 1989 to 1991 and represented Bongoville as a Deputy in the National Assembly from 1991 to 19… Black billionaires are individuals who are brown to dark brown skin with a net worth of at least US$1 billion. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa. Aliko Dangote, Africa's richest person, founded and chairs Dangote Cement, the continent's largest cement producer. Your email address will not be published. He led Naspers to invest in Chinese Internet and media firm Tencent in 2001 — by far the most profitable of the bets he made on companies elsewhere. His brother Nassef is also a billionaire. Youssef Mansour is a member of the richest family in Egypt. Aliko Dangote, Africa’s richest man, became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar. He is the head of Egypt’s wealthiest family, and his brother Naguib is also ridiculously wealthy. Dangote is the richest man in Africa in 2021 and is widely known as the richest Black person on earth. Othman Benjelloun is the second richest man in Morrocco and the CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. Based on current estimates, Mohammed Al Fayed is worth $1.5 billion. Alongside his siblings –Mohammed and Youssef –Yassen Mansour is an Egyptian billionaire valued at $2.3 billion.
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