Africa’s TOP 10 Billionaires

On Africa’s top 10 billionaires list that we got from Forbes, we see the most are from South Africa and Nigeria, then Egypt and finally Algeria. 5 of the 10 Billionaires are self made.

Billionaires per country:

South Africa has 4

Nigeria has 3

Algeria has 1

Egypt has 2

Below is the list of Africa’s top 10 billionaires, starting from the bottom, up.

Africa’s 10 wealthiest billionaires are:

#10 Koos Bekker

$2.3B Real Time Net Worth

Age: 69

Residence: Cape Town, South Africa

Citizenship: South Africa

Marital Status: Married

Children: 2

Education: Master of Business Administration, Columbia Business School; LLB, University of Witwatersrand

Stakeholder in Naspers

Self Made source ource of Wealth: media, investments

#9  Patrice Motsepe

$7M (0.25%) Real Time Net Worth

Age: 60

Residence: Johannesburg, South Africa

Citizenship: South Africa

Marital Status: Married

Children: 3

Self Made source ource of Wealth: mining

Related by origin of wealth: mining

Stakeholder in Sanlam

Career: founder and chairman of African Rainbow Minerals, and African Rainbow Capital, focused on investing in Africa.

Partner in Bowman Gilfillan 

#8 Naguib Sawiris

$3.4B  Real Time Net Worth

Age: 68

Residence: Cairo, Egypt

Citizenship: Egypt

Marital Status: Married

Children: 4

Source of Wealth: telecom

Education: Bachelor of Arts/Science, Swiss Federal Polytechnical Institute; Master of Science, Swiss Federal Polytechnical Institute 

Career: Naguib Sawiris built and sold Orascom Telecom in 2011 to Russian telecom firm Veon (then VimpelCom) in a multibillion-dollar transaction.

#7 Issad Rebrab

$5.1B Real Time Net Worth

Age: 78

Residence: Algiers, Algeria

Citizenship: Algeria

Marital Status: Married

Children: 5

Self Made source of Wealth: food

Career: Founder and CEO of Cevital

#6 Mike Adenuga

$5.9B Real Time Net Worth

Age: 69

Residence: Lagos, Nigeria

Citizenship: Nigeria

Marital Status: Married

Children: 7

Self Made source of Wealth: telecom, oil

Education: Master of Business Administration, Pace University

#5 Abdulsamad Rabiu

$5.5B Real Time Net Worth

Age: 62

Residence: Lagos, Nigeria

Citizenship: Nigeria

Marital Status: Married

Career: Founder of BUA Group (cement production, sugar refining and real estate).

Source of Wealth: cement, sugar

#4  Nassef Sawiris

$6.8B Real Time Net Worth

Age: 61

Residence: Cairo, Egypt

Citizenship: Egypt

Marital Status: Married

Children: 4

Source of Wealth: construction, investments

Education: Bachelor of Arts/Science, University of Chicago

Career: Nassef Sawiris is an investor and an descendant of Egypt’s wealthiest family.

#3 Nicky Oppenheimer

$8.4B Real Time Net Worth

Age: 77

Residence: Johannesburg, South Africa

Citizenship: South Africa

Marital Status: Married

Children: 1

Source of Wealth: Heir to the DeBeers diamond fortune

Career: Stakeholder in Anglo American

Education: Bachelor of Arts/Science, Oxford U Christ Church; Master of Arts, Oxford U Christ Church

#2 Johann Rupert

$8.1B Real Time Net Worth

Age: 72

Residence: Cape Town, South Africa

Citizenship: South Africa

Marital Status: Married

Children: 3

Career: Chairman of Compagnie Financiere Richemont

Source of Wealth: Luxury goods, such as Cartier and Montblanc.

#1 Aliko Dangote

$12.3B Real Time Net Worth 

Age: 65

Residence: Lagos, Nigeria

Citizenship: Nigeria

Marital Status: Divorced

Children: 3

Self Made source of Wealth: cement, sugar

Education: Bachelor of Arts/Science, Al-Azhar University

Career: CEO, Dangote Group

While these 10 men made it to Africa’s top 10 billionaires list, Africa has another 8 billionaires. According to Forbes, this group is collectively worth an estimated $84.9 billion.

(Source: Forbes)

Africa's TOP 10 Billionaires - On the Africa top 10 billionaires list  we see the most billionaires are from South Africa and Nigeria, then Egypt and finally Algeria. Half of the top 10 billionaires are self made.
Africa’s TOP 10 Billionaires

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