The 18 richest people in Africa have a combined net worth of over $73.9 billion, with Aliko Dangote topping the list with a net worth of $12.6 billion. Of Africa’s 54 countries, only seven nations have billionaires. No women feature on the list this year.
Aliko Dangote of Nigeria is the richest person in Africa. The self-made 63-year-old cement tycoon founded and chairs Dangote Cement, the African continent’s largest cement producer. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two, and one each from Algeria, Tanzania, and Zimbabwe. Africa’s youngest billionaire, Mohammed Dewji of Tanzania and CEO of MeTL, is at $1.6 billion.
Richest People In Africa, 2021
|Rank||Name||Net Worth||Country||Source of Wealth||Country|
|1||Aliko Dangote||$12.6 B||Nigeria||Dangote Cement (85% stake)||Nigeria|
|2||Nassef Sawiris||$8.3 B||Egypt||Adidas (6% stake), Madison Square Garden Sports (5% stake), OCI NV, Orascom Construction, Lafarge Holcim||Egypt|
|3||Nicky Oppenheimer||$7.9 B||South Africa||DeBeers, Fireblade Aviation||South Africa|
|4||Johann Rupert||$7.1 B||South Africa||Financiere Richemont (Cartier and Montblanc), Remgro (7% stake), Reinet (25% stake)||South Africa|
|5||Mike Adenuga||$6.3 B||Nigeria||Globacom, Conoil Producing||Nigeria|
|6||Abdulsamad Rabiu||$5.4 B||Nigeria||BUA Group, BUA Cement Plc||Nigeria|
|7||Issad Rebrab||$4.8 B||Algeria||Cevital, Groupe Brandt||Algeria|
|8||Naguib Sawiris||$3.2 B||Egypt||Orascom Telecom, Orascom TMT Investments, Euronews||Egypt|
|9||Patrice Motsepe||$2.9 B||South Africa||Rainbow Minerals, African Rainbow Capital, Sanlam||South Africa|
|10||Koos Bekker||$3 B||South Africa||Chairman of media group Naspers||South Africa|
|11||Mohamed Mansour||$2.5 B||Egypt||Mansour Group||Egypt|
|12||Aziz Akhannouch||$2 B||Morocco||Akwa Group, Afriquia Gaz and Maghreb Oxygene||Morocco|
|13||Mohammed Dewji||$1.6 B||Tanzania||CEO of METL||Tanzania|
|14||Youssef Mansour||$1.5 B||Egypt||Mansour Group||Egypt|
|15||Othman Benjelloun||$1.3 B||Morocco||CEO of BMCE Bank of Africa, FinanceCom||Morocco|
|16||Michiel Le Roux||$1.2 B||South Africa||Capitec Bank (11% stake)||South Africa|
|17||Strive Masiyiwa||$1.2 B||Zimbabwe||Econet Wireless Zimbabwe (50% stake), Liquid Telecom||Zimbabwe|
|18||Yasseen Mansour||$1.1 B||Egypt||Mansour Group||Egypt|
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