List of Africans by net worth

The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine Forbes. The list has been published since 2015. Dangote Group founder Aliko Dangote has topped the 2018 list.[1] In 2018, there was a record of 23 African billionaires on the list.[2] Billionaires who are from Africa, but do not reside in the continent (such as Elon Musk, Mohammed Al Amoudi, Adebayo Ogunlesi, Mo Ibrahim, Tope Awotona) are excluded from the list by Forbes.

Annual rankings

2024

As of December 2024, South African billionaire Johann Rupert is the richest person in Africa, and the African countries with the most billionaires are South Africa (6), Egypt (5), Nigeria (4), and Morocco (2). Algeria, Tanzania and Zimbabwe each have one billionaire. [3]

No. Name Net worth

(USD)

Nationality Source(s) of wealth
1 Johann Rupert $14.5B South Africa Fashion & Retail
2 Aliko Dangote $13.9B Nigeria Manufacturing
3 Nicky Oppenheimer $11.5B South Africa Metals & Mining
4 Nassef Sawiris $9.6B Egypt Construction & Engineering
5 Naguib Sawiris $7.55B Egypt Telecommunications & Engineering
6 Mike Adenuga $6.9B Nigeria Glo (company)
7 Abdul Samad Rabiu $5.9B Nigeria BUA Group
8 Mohamed Mansour $3.3B Egypt Mansour Group
9 Patrice Motsepe $3.2B South Africa Metals & Mining
9 Koos Bekker $3.2B South Africa Media & Entertainment
11 Strive Masiyiwa $3.1B Zimbabwe Telecommunications & Engineering
12 Issad Rebrab $2.7B Algeria Food & Beverage
13 Michiel Le Roux $1.9B South Africa Finance
14 Mohammed Dewji $1.8B Tanzania MeTL Group
15 Aziz Akhannouch $1.7B Morocco Akwa Group
16 Christoffel Wiese $1.6B South Africa Fashion & Retail
16 Othman Benjelloun $1.6B Morocco Finance
18 Femi Otedola $1.5B Nigeria Energy
19 Youssef Mansour $1.3B Egypt Mansour Group
20 Yasseen Mansour $1.2B Egypt Mansour Group


As of 2023, Nigerian billionaire Aliko Dangote is the richest person in Africa, and the African countries with the most billionaires are Egypt (5), South Africa (6), Nigeria (3), and Morocco (2)[4]

No. Name Net worth

(USD)

Nationality Source(s) of wealth
1 Aliko Dangote $13.5B Nigeria Dangote Cement
2 Johann Rupert $10.7B South Africa Richemont
3 Nicky Oppenheimer $8.4B South Africa De Beers
4 Abdul Samad Rabiu $7.6B Nigeria BUA Group
5 Nassef Sawiris $7.3B Egypt Orascom
6 Mike Adenuga $6.3B Nigeria Glo (company)
7 Issad Rebrab $4.6B Algeria Cevital
8 Naguib Sawiris $3.3B Egypt Orascom
9 Patrice Motsepe $3.2B South Africa African Rainbow Minerals
10 Mohamed Mansour $2.9B Egypt Mansour Group
11 Koos Bekker $2.6B South Africa Naspers
12 Strive Masiyiwa $1.9B Zimbabwe Econet Global
13 Aziz Akhannouch $1.5B Morocco Akwa Group
13 Mohammed Dewji $1.5B Tanzania MeTL Group
13 Youssef Mansour $1.5B Egypt Mansour Group
16 Othman Benjelloun $1.3B Morocco Bank of Africa Group
17 Michiel Le Roux $1.2B South Africa Capitec Bank
18 Yasseen Mansour $1.1B Egypt Mansour Group
18 Christoffel Wiese $1.1B South Africa Pepkor

2021

As of 2021, Nigerian billionaire Aliko Dangote is the richest person in Africa, and the African countries with the most billionaires are Egypt (5), South Africa (5), Nigeria (3), and Morocco (2). [5]

No. Name Net worth (USD) Age Nationality Source(s) of wealth
1 Steady Aliko Dangote $14  billion Increase 63  Nigeria Dangote Group
2 Steady Nassef Sawiris $8.5 billion Increase 59  Egypt Orascom
3 Steady Nicky Oppenheimer $8.0 billion Increase 75  South Africa De Beers
4 Increase Johann Rupert $7.2 billion Increase 70  South Africa Richemont, Remgro
4 Decrease Mike Adenuga $6.3 billion Decrease 67  Nigeria Globacom, Conoil
6 Steady Abdul Samad Rabiu $5.5 billion Increase 60  Nigeria BUA Group
7 Decrease Issad Rebrab $4.4 billion Decrease 77  Algeria Cevital
9 Increase Naguib Sawiris $3.2 billion Increase 66  Egypt Orascom
9 Steady Patrice Motsepe $3.0  billion Increase 58  South Africa African Rainbow Minerals
10 Steady Koos Bekker $2.8 billion Increase 68  South Africa Naspers
11 Decrease Mohamed Mansour $2.5 billion Decrease 72  Egypt Mansour Group
12 Decrease Aziz Akhannouch $2.0 billion Decrease 60  Morocco Akwa Group
13 Increase Mohammed Dewji $1.6 billion Steady 45  Tanzania MeTL Group
14 Steady Youssef Mansour $1.4 billion Increase 75  Egypt Mansour Group
15 Decrease Othman Benjelloun $1.3 billion Decrease 88  Morocco Bank of Africa
16 Steady Michiel Le Roux $1.2 billion Decrease 71  South Africa Capitec Bank
16 Increase Strive Masiyiwa $1.2 billion Decrease 59  Zimbabwe Econet Global
18 Decrease Yasseen Mansour $1.1 billion Decrease 59  Egypt Mansour Group

2019

The 2020 billionaires' list was released by Forbes on 14 January 2020. Also, the Forbes provides daily net worth updates which reflects change by 5 PM ET of prior trading day.[6]

No. Name Age Nationality Net worth (USD) Source(s) of wealth
1 Aliko Dangote 63  Nigeria $ 8.3 billion Dangote Group
2 Nicky Oppenheimer & Family 74  South Africa $ 7.4 billion De Beers
3 Nassef Sawiris 59  Egypt $ 7.3 billion Orascom
4 Mike Adenuga 67  Nigeria $ 6.2 billion Globacom, Conoil
5 Johann Rupert & Family 69  South Africa $ 5.4 billion Richemont, Remgro
6 Issad Rebrab & Family 76  Algeria $ 3.9 billion Cevital
7 Mohamed Mansour 72  Egypt $ 3.3 billion Mansour Group
8 Abdulsamad Rabiu 59  Nigeria $ 3.2 billion BUA Group
9 Naguib Sawiris 65  Egypt $ 3 billion Orascom

[7][8][9]

See also

References

  1. ^ Papadopoulos, Anna (22 October 2018). "Africa's Billionaires: Top 25 Richest People In Africa, 2018". CEOWORLD magazine. Retrieved 5 June 2019.
  2. ^ Dolan, Kerry A. (10 January 2018). "African Billionaire Fortunes Rise On Forbes 2018 List Of Continent's Richest". Forbes. Retrieved 5 June 2019.
  3. ^ LAFRANCO", "ROB. "Africa's Billionaires 2023". Forbes. Retrieved 29 September 2024.
  4. ^ LAFRANCO", "ROB. "Africa's Billionaires 2023". Forbes. Retrieved 10 February 2023.
  5. ^ Team, Forbes Wealth. "The Forbes Billionaires' List: Africa's Richest People 2021". Forbes. Retrieved 23 September 2021.
  6. ^ "Africa's Billionaires". Forbes. Retrieved 27 May 2020.
  7. ^ "Elon Musk". Forbes. Retrieved 2 July 2020.
  8. ^ "The Forbes Billionaires List: Africa's Billionaires 2019". February 2019.
  9. ^ "Africa's Billionaires". Forbes.

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