CEOWORLD magazine - Latest - Stats Gate - African Billionaires: Richest People In Africa, 2021

Stats Gate

African Billionaires: Richest People In Africa, 2021

Aliko Dangote

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

RankNameNet WorthCountrySource of WealthCountry
1Aliko Dangote $12.6 B NigeriaDangote Cement (85% stake)Nigeria
2Nassef Sawiris $8.3 B EgyptAdidas (6% stake), Madison Square Garden Sports (5% stake), OCI NV, Orascom Construction, Lafarge HolcimEgypt
3Nicky Oppenheimer $7.9 B South AfricaDeBeers, Fireblade AviationSouth Africa
4Johann Rupert $7.1 B South AfricaFinanciere Richemont (Cartier and Montblanc), Remgro (7% stake), Reinet (25% stake)South Africa
5Mike Adenuga $6.3 B NigeriaGlobacom, Conoil ProducingNigeria
6Abdulsamad Rabiu $5.4 B NigeriaBUA Group, BUA Cement PlcNigeria
7Issad Rebrab $4.8 B AlgeriaCevital, Groupe BrandtAlgeria
8Naguib Sawiris $3.2 B EgyptOrascom Telecom, Orascom TMT Investments, EuronewsEgypt
9Patrice Motsepe $2.9 B South AfricaRainbow Minerals, African Rainbow Capital, SanlamSouth Africa
10Koos Bekker $3 B South AfricaChairman of media group NaspersSouth Africa
11Mohamed Mansour $2.5 B EgyptMansour GroupEgypt
12Aziz Akhannouch $2 B MoroccoAkwa Group, Afriquia Gaz and Maghreb OxygeneMorocco
13Mohammed Dewji $1.6 B TanzaniaCEO of METLTanzania
14Youssef Mansour $1.5 B EgyptMansour GroupEgypt
15Othman Benjelloun $1.3 B MoroccoCEO of BMCE Bank of Africa, FinanceComMorocco
16Michiel Le Roux $1.2 B South AfricaCapitec Bank (11% stake)South Africa
17Strive Masiyiwa $1.2 B ZimbabweEconet Wireless Zimbabwe (50% stake), Liquid TelecomZimbabwe
18Yasseen Mansour $1.1 B EgyptMansour GroupEgypt

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CEOWORLD magazine - Latest - Stats Gate - African Billionaires: Richest People In Africa, 2021
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