As listed by Forbes, billionaires of the world are made up of people from different backgrounds across the globe. Here, we are looking at those of African descent who went through all odds in life to make themselves the richest African Billionaires.
Among other African billionaires, the following ten have made some extra effort to get enlisted as the richest Africans. Well, we can only anticipate you’d be excited to learn about their exceptional stories that have empowered Africa and the world at large.
Let’s get on with it, here’re the top 10 richest African billionaires in the world.
10. Issad Rebrab
Worth: $3.4 billion
Issad Rebrab is an Algerian businessman who does not put all his eggs in one basket. He has a diversified portfolio but he is mostly known as the CEO of CEVITAL industrial group which is the largest private company in Algeria.
His company, CEVITAL invests in the steel industry, food, agribusiness and electronics. Previously a teacher, Rebrab started his business career with his own accounting firm and now, he has managed to become the richest person in his country as well as one of the richest in the world.
9. Isabel Dos Santos
Worth: $3.5 billion
Isabel Dos Santos is an Angolan citizen whose father currently serves as the president of Angola. Isabel is involved in telecom related businesses and is a large stockholder for many banks, telecoms and other establishments. Her major business involvements include Angolan cell phone company “Unitel”, Angolan bank “Banco BIC SA”, Portuguese media “ZON Optimus” and “Banco BPI”.
Reports have it that she is holding many of these assets for her father. Nonetheless, the lady is ranked as the 9th richest African in the world.
8. Nathan Kirsh
Worth: $4.2 billion
Nathan is a citizen of Swaziland who made his fortune from a corn milling business which he founded in 1958. He is now the most popular business tycoon of Swaziland and, his business has spread across the globe. The man is the founder of “Jetro Holdings” – a wholesaler of perishable and non-perishable food products, household goods and other grocery-related products.
He is also, very much involved in property distribution which helped him amass a good percent of his wealth. Nathan is currently the eighth richest African with a fabulous $4.2 billion.
7. Mohamed Mansour
Worth: $2.7 billion
Mohammad is an Egyptian businessman and, he is famous as the owner of the world’s largest GM dealership. He owns the enterprise with his billionaire brothers under their company named “Mansour Group”. The country which recently underwent some financial troubles homes “Mansour Group” which runs the largest chain of supermarkets all over Egypt.
Mohammad also owns one of Egypt’s largest real estate power, “Palm Hills” as well as the “Philip Morris” franchise in the country making himself and his brothers highly accounted billionaires.
6. Mike Adenuga
Worth: $5.1 billion
Mike is a Nigerian businessman and investor who has amassed his billions from telecoms and oil. He is the founder of a Nigerian cell phone network company that goes by the name “Globacom”. This company is one of the largest telecoms in Nigeria and serves millions of people. He is also a private owner of an oil exploration company named “Conoil Producing” which obviously earns him millions every year.
This 6th richest African billionaire is also noted vastly for his secrecy and privacy as he is not much seen publicly and likes to seclude himself from presses and media.
5. Nassef Sawiris
Worth: $6.2 billion
The richest man of Egypt, Nassef Sawiris is a business tycoon who serves as the CEO of “Orascom Construction Industries” which happens to be the largest construction company in the country. Orascom is also involved with chemicals and fertilizers. The enterprise is regarded as the most valuable corporation which has gone public.
He gained more attention from his recent business deal with the Abu Dhabi’s International Petroleum Investment Co. He looks forward to establishing a coal-based power plant in Egypt with this recent deal.
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4. Christoffel Wiese
Worth: $3.8 billion
Another billionaire made by the retail business, Christoffel is a South African business mogul who owns the stakes of “Shoprite Holdings”. This is a company which manages a chain of supermarkets that extend to almost all of the African countries. Other than the 15% share in this company, he has invested in many other businesses including fashion brands, a five-star hotel, a winery and many more.
He also holds stocks in a private equity firm which goes by the name “Brait”. With all these ventures in hand, Christoffel has managed to become the fourth richest African in the world.
3. Nicky Oppenheimer and Family
Worth: $7.1 billion
Oppenheim and his family made headlines in world business news when they cashed out their generations of diamonds holdings and business in 2012. They cashed a total of $5.1 billion from Anglo American when they sold their diamonds business that seated them as one of the richest people in South Africa. After that, the family has managed to increase their fortunes with some great investments in food manufacturing as well as other businesses.
2. Johann Rupert and Family
Worth: $6.8 billion
Johan Rupert is the second richest African with a net worth of $7.4 billion. As a South African investor, Rupert has inked his name on many luxury goods and services. He is the chairman of “Richemont” which brands many major names such as Montblanc, Cartier, Cleef and Arpels. It is with all these products and brands that Rupert has managed to become one of the most recognized businessmen in the world.
1. Aliko Dangote
Worth: $13.5 billion
The richest African in the world is the Nigerian business mogul who is recognized almost everywhere on earth as Aliko Dangote. Aliko’s business group “Dangote Group” is one of the largest business ventures which has been earning billions for Aliko with extended investments in industries like cement production, sugar refining and more.
Aliko’s business saw some dents some years back that caused him to lose around $10 billion. Despite that, the man still stands proud as the richest African in the world with a net worth of $13.5 billion.
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Definitely, these African billionaires have shown the world that with a vision and passion, anyone can become successful. It is only a matter of dedication, staying focused, working hard and smart.