Johann Rupert, the founder and chairman of Richemont, is currently the wealthiest person in Africa, with a net worth of $10.3 billion. Richemont is a conglomerate that owns several renowned brands including Cartier and Montblanc. Johann Rupert’s success in the business world has solidified his position as the pinnacle of Africa’s wealth hierarchy.
Aliko Dangote is a well-known name in the African business world and is second to Rupert in terms of net worth with $9.5 billion. He is originally from Nigeria and has made his fortune in the cement and sugar industries. As the founder of Dangote Group, he has made a significant contribution to Nigeria’s economic growth and job creation.
Nicky Oppenheimer is the third richest person in Africa with a net worth of $8.3 billion. The Oppenheimer family’s fortune is closely linked to the diamond industry, as they have significant interests in the renowned De Beers Group. Nassef Sawiris, hailing from Egypt, comes in fourth with a net worth of $7.4 billion. His wealth mainly stems from the construction and investment sectors.
Africa’s economic leadership in 2024 is demonstrated by a small group of the continent’s wealthiest individuals. Their success is not only a reflection of their achievements but also highlights the dynamic and ever-changing nature of Africa’s business environment. By investing their wealth into strategic projects, these individuals have the potential to stimulate economic growth, improve social welfare, and help the continent move towards a more sustainable and inclusive future.
The Richest People in Africa, 2024
| Rank | Name | Country | Net worth |
|---|---|---|---|
| 1 | Johann Rupert | South Africa | $10.3 billion |
| 2 | Aliko Dangote | Nigeria | $10 billion |
| 3 | Nicky Oppenheimer | South Africa | $8.3 billion |
| 4 | Nassef Sawiris | Egypt | $7.2 billion |
| 5 | Abdulsamad Rabiu | Nigeria | $6.2 billion |
| 6 | Nathan Kirsh | Eswatini/Swaziland | $5.8 billion |
| 7 | Mohamed Mansour | Egypt | $3.6 billion |
| 8 | Naguib Sawiris | Egypt | $3.3 billion |
| 9 | Mike Adenuga | Nigeria | $3.2 billion |
| 10 | Patrice Motsepe | South Africa | $2.4 billion |
| 11 | Koos Bekker | South Africa | $2.3 billion |
| 12 | Strive Masiyiwa | Zimbabwe | $1.9 billion |
| 13 | Youssef Mansour | Egypt | $1.5 billion |
| 14 | Mohammed Dewji | Tanzania | $1.5 billion |
| 15 | Yasseen Mansour | Egypt | $1.3 billion |
| 16 | Michiel Le Roux | South Africa | $1.1 billion |
| 17 | Christoffel Wiese | South Africa | $1 billion |
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