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CEOWORLD magazine - Latest - Special Reports - Revealed: These Are The Richest People in Africa, 2024

Special Reports

Revealed: These Are The Richest People in Africa, 2024

Africa Profile

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

RankNameCountryNet worth
1Johann RupertSouth Africa$10.3 billion
2Aliko DangoteNigeria$10 billion
3Nicky OppenheimerSouth Africa$8.3 billion
4Nassef SawirisEgypt$7.2 billion
5Abdulsamad RabiuNigeria$6.2 billion
6Nathan KirshEswatini/Swaziland$5.8 billion
7Mohamed MansourEgypt$3.6 billion
8Naguib SawirisEgypt$3.3 billion
9Mike AdenugaNigeria$3.2 billion
10Patrice MotsepeSouth Africa$2.4 billion
11Koos BekkerSouth Africa$2.3 billion
12Strive MasiyiwaZimbabwe$1.9 billion
13Youssef MansourEgypt$1.5 billion
14Mohammed DewjiTanzania$1.5 billion
15Yasseen MansourEgypt$1.3 billion
16Michiel Le RouxSouth Africa$1.1 billion
17Christoffel WieseSouth Africa$1 billion

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CEOWORLD magazine - Latest - Special Reports - Revealed: These Are The Richest People in Africa, 2024
Despina Wilson
I am a senior editor and data journalist at CEOWORLD magazine. My job involves using infographics to report on news topics related to business and policy, with a global perspective. I hold a master's degree in journalism and have worked for newspapers and reporting projects in both the US and the UK, giving me a unique transatlantic perspective. I believe that data can enhance coverage of all news topics. As a contributor, I plan cover a wide range of issues, such as gender equality, climate change, labor, and immigration, using relevant statistics and insightful visualizations.

Email: despina@ceoworld.biz