Just as how rich the continent is, Africa also has very rich people that are also ranked globally. Here is a list of the 10 richest people in Africa as of January 2024. However, rankings of these people can change in time due to various factors such as market fluctuations and business developments.
1. Johann Rupert and Family ($10.3 billion) - Johann Rupert is a South African businessman and the chairman of Richemont, a luxury goods company. His wealth comes from luxury brands such as Cartier and Montblanc.
2. Aliko Dangote ($9.5 billion) - Aliko Dangote, a Nigerian business magnate, is known for his investments in commodities, including cement, sugar, salt, and flour. He consistently ranks as one of the richest individuals in Africa.
3. Nicky Oppenheimer ($8.3 billion) - Nicky Oppenheimer is a South African businessman and former chairman of De Beers diamond mining company. His wealth is derived from the diamond industry.
4. Nassef Sawiris ($7.4 billion) - Nassef Sawiris is an Egyptian billionaire and the CEO of Orascom Construction Industries. His wealth is mainly in construction and chemicals.
5. Abdulsamad Rabiu ($5.9 billion) - Abdulsamad Rabiu is a Nigerian businessman and the founder of BUA Group, with interests in cement, sugar, and real estate.
6. Nathan Kirsh ($5.9 billion) - Nathan Kirsh is an Eswatini billionaire businessman. Kirsh has been involved in various business ventures across the globe. His wealth is primarily derived from investments in real estate, retail, and agriculture.
7. Issad Rebrab and Family ($4.6 billion) - Issad Rebrab is an Algerian billionaire entrepreneur with business interests in various sectors, including agribusiness, steel, and finance.
8. Mohamed Mansour ($3.6 billion) - Mohamed Mansour is an Egyptian businessman and the chairman of Mansour Group, a conglomerate with interests in various industries, including automotive and consumer goods.
9. Naguib Sawiris ($3.3 billion) - Naguib Sawiris is an Egyptian billionaire businessman and one of the most prominent figures in the business and telecommunications sectors in that country.
10. Mike Adenuga ($3.1 billion) - Mike Adenuga is a Nigerian businessman with interests in telecommunications and oil exploration. He is the founder of Globacom, a major telecom operator in Nigeria.
The list was powered by Forbes 2024. According to Mponga Joshua, Africa has many billionaires but Forbes can't rank them because they cannot account for their wealth. Now that must be true!
What is your opinion about the article you have just read? Let us know.