Top 10 Richest People In Africa

Africa with its fastest-growing economy is home to some of the world's wealthiest people. The rich continent has been attracting billionaires and millionaires from all around the world to invest. The natives of the continent through their hard work have also taken advantage of their rich land and amass wealth for themselves. In this article, we are going to outline the top 10 wealthiest people in Africa, the country they reside, their businesses and their net worth.

10. Koos Becker

Jacobus Petrus Koos Becker is one of the popular billionaires in Africa who resides in Cape Town, South Africa. He is a businessman and the chairman of one of South Africa's biggest media groups called Naspers. His Net worth is estimated to be US$2.7 billion. The 69 years old man is a husband to Kareen Roos and a father to 4 children. According to Forbes, he is the 4th richest person in South Africa and the 1002nd richest man in the world.

9. Patrice Motsepe

Patrice Motsepe is also one of the most wealthy people in South Africa, Pretoria. The 60 years old businessman is the founder and chairman of African Rainbow Minerals, president and owner of the Mamelodi Sundowns Football Club. He also has a stake in Sanlam Financial Service Company with headquarters in South Africa. In March 2021, he was elected president of the Confederation of African Football. He is the brother-in-law to the current president of South Africa, Cyril Ramaphosa. He is a husband to Precious Moloi Motsepe with 3 children. He is estimated to have a net worth of US$3.1 billion which makes him the 3rd richest man in South Africa and 913th in the world.

8. Naguib Sawiris

Naguib Sawiris is an Egyptian billionaire who resides in Cairo. He is the founder of Orascom Group. He owns 88% of pan -European pay TV and video news network Euronews. He is a brother to Egyptian billionaires Nassef and Samih. The 68 years old businessman is estimated to have a net worth of US$3.4 billion making him the 883rd richest in the world and 2nd in Egypt. He is married to Ghada Gamil Sawiris and has 4 children.

7. Issad Rebrab

Issad Rebrab is an Algerian billionaire businessman. The 78-year-old is the CEO of Algeria's largest private company, Cevital industrial group. He is married with 5 kids. His net worth is estimated to be US$5.1 billion. He is the richest man in Algeria and the 536th richest man in the world.

6. Mike Adenuga

Nigerian billionaire businessman Mike Adenuga is the 3rd richest man in Nigeria. He is the owner of the telecommunication network Globacom. He also owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil. The 69 years old with 7 children is estimated to have a net worth of US$6.7 billion. He is ranked 324th richest man on earth.

5. Abdulsamad Rabiu

Abdulsamad Rabiu is a Nigerian billionaire and philanthropist who resides in Lagos. He is the founder and chairman of Bua Group and also the chairman of the Nigerian Bank of Industry (BOI). His father is the late industrialist Isyaka Rabiu. The 61 years old is the 2nd most wealthy man in Nigeria and 350th in the whole world. He is estimated to have a net worth of US$7 billion. He is married with 4 kids.

4. Nassef Sawiris

Nassef Sawiris is the richest man in the land of Egypt. He is the brother of the 2nd most wealthy man in Egypt, Naguib Sawiris. He has a 6% stake in sportswear maker Adidas and a 5% stake in New York-listed firm Madison Square Garden Sports. He runs one of the world's largest nitrogen fertilizer producers called OCI. He is the CEO of Orascom Construction Industries and the executive chairman of Aston Villa F.C. The 61 years old is married to Sherine Sawiris and has 4 children. He is estimated to have a net worth of US$8.6 billion making him the 304th richest man and the richest Arab in the world.

3. Nicky Oppenheimer

Nicky Oppenheimer is a South African billionaire businessman. The 77 years old man holds the title of the 2nd richest man in South Africa. He was formerly the chairman of De Beers diamond mining company and of its subsidiary. He was also the deputy chairman of the mining group Anglo American. He is the father of South Africa's billionaire Jonathan Oppenheimer. He is ranked the 241st richest man in the world with an estimated net worth of US$8.7 billion.

2. Johann Rupert

Johann Rupert is the richest man in South Africa now. He is the chairman of the Swiss-based luxury goods company Richemont and South Africa-based company Remgro. He owns 25% of Reinet, an investment holding company based in Luxembourg. He is the eldest son of business tycoon Anton Rupert. He is estimated to have a net worth of US$11 billion putting him 230th on the list of richest people in the world. The 72 years old is married to Gaynor Rupert and has 3 kids.

1. Aliko Dangote

Aliko Dangote is the richest man in Nigeria and the whole of Africa. He is the founder, chairman and CEO of Dangote Group. Some of the businesses under the Dangote group include Dangote Sugar, Dangote Pasta, National Salt Company (NASCON), Dangote Classic Seasoning, Dansa Foods, Dangote Transport, Dangote Agro-sacks, Dangote Greenview Development, MHF Properties, Dangote Refinery and Dangote Cement. Aside from being the richest person on the African continent, he is also crowned the richest black person on this planet. He has an estimated net worth of US$13.8 billion making him the 130th richest man in the world.

Below is the audiovisual presentation of the list of the top 10 richest people in Africa.