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)
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