The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine Forbes. The list has been published since 2015. Dangote Group founder Aliko Dangote has topped the 2018 list.[1] In 2018, there was a record of 23 African billionaires on the list.[2] Billionaires who are from Africa, but do not reside in the continent (such as Elon Musk and Mo Ibrahim) are excluded from the list by Forbes.

Annual rankings

2023

As of 2023, Nigerian billionaire Aliko Dangote is the richest person in Africa, and the African countries with the most billionaires are Egypt (5), South Africa (6), Nigeria (3), and Morocco (2)[3]

No. Name Net worth

(USD)

Nationality Source(s) of wealth
1 Aliko Dangote $13.5B Nigeria Dangote Cement
2 Johann Rupert $10.7B South Africa Richemont
3 Nicky Oppenheimer $8.4B South Africa De Beers
4 Abdul Samad Rabiu $7.6B Nigeria BUA Group
5 Nassef Sawiris $7.3B Egypt Orascom
6 Mike Adenuga $6.3B Nigeria Glo (company)
7 Issad Rebrab $4.6B Algeria Cevital
8 Naguib Sawiris $3.3B Egypt Orascom
9 Patrice Motsepe $3.2B South Africa African Rainbow Minerals
10 Mohamed Mansour $2.9B Egypt Mansour Group
11 Koos Bekker $2.6B South Africa Naspers
12 Strive Masiyiwa $1.9B Zimbabwe Econet Global
13 Aziz Akhannouch $1.5B Morocco Akwa Group
13 Mohammed Dewji $1.5B Tanzania MeTL Group
13 Youssef Mansour $1.5B Egypt Mansour Group
16 Othman Benjelloun $1.3B Morocco Bank of Africa Group
17 Michiel Le Roux $1.2B South Africa Capitec Bank
18 Yasseen Mansour $1.1B Egypt Mansour Group
18 Christoffel Wiese $1.1B South Africa Pepkor

2021

As of 2021, Nigerian billionaire Aliko Dangote is the richest person in Africa, and the African countries with the most billionaires are Egypt (5), South Africa (5), Nigeria (3), and Morocco (2). [4]

No. Name Net worth (USD) Age Nationality Source(s) of wealth
1 SteadyAliko Dangote$14  billion Increase63 NigeriaDangote Group
2 SteadyNassef Sawiris$8.5 billion Increase59 EgyptOrascom
3 SteadyNicky Oppenheimer$8.0 billion Increase75 South AfricaDe Beers
4 IncreaseJohann Rupert$7.2 billion Increase70 South AfricaRichemont, Remgro
4 DecreaseMike Adenuga$6.3 billion Decrease67 NigeriaGlobacom, Conoil
6 Steady Abdul Samad Rabiu$5.5 billion Increase60 NigeriaBUA Group
7 DecreaseIssad Rebrab$4.4 billion Decrease77 AlgeriaCevital
9 Increase Naguib Sawiris$3.2 billion Increase66 EgyptOrascom
9 SteadyPatrice Motsepe$3.0  billion Increase58 South AfricaAfrican Rainbow Minerals
10 SteadyKoos Bekker$2.8 billion Increase68 South AfricaNaspers
11 DecreaseMohamed Mansour$2.5 billion Decrease72 EgyptMansour Group
12 DecreaseAziz Akhannouch$2.0 billion Decrease60 MoroccoAkwa Group
13 IncreaseMohammed Dewji$1.6 billion Steady45 TanzaniaMeTL Group
14 SteadyYoussef Mansour$1.4 billion Increase75 EgyptMansour Group
15 DecreaseOthman Benjelloun$1.3 billion Decrease88 MoroccoBank of Africa
16 SteadyMichiel Le Roux$1.2 billion Decrease71 South AfricaCapitec Bank
16 IncreaseStrive Masiyiwa$1.2 billion Decrease59 ZimbabweEconet Global
18 DecreaseYasseen Mansour$1.1 billion Decrease59 EgyptMansour Group

2019

The 2020 billionaires' list was released by Forbes on 14 January 2020. Also, the Forbes provides daily net worth updates which reflects change by 5 PM ET of prior trading day.[5]

No. Name Age Nationality Net Worth (USD) Source(s) of Wealth
1 Aliko Dangote 63  Nigeria $ 8.3 billion Dangote Group
2 Nicky Oppenheimer & Family 74  South Africa $ 7.4 billion De Beers
3 Nassef Sawiris 59  Egypt $ 7.3 billion Orascom
4 Mike Adenuga 67  Nigeria $ 6.2 billion Globacom, Conoil
5 Johann Rupert & Family 69  South Africa $ 5.4 billion Richemont, Remgro
6 Issad Rebrab & Family 76  Algeria $ 3.9 billion Cevital
7 Mohamed Mansour 72  Egypt $ 3.3 billion Mansour Group
8 Abdulsamad Rabiu 59  Nigeria $ 3.2 billion BUA Group
9 Naguib Sawiris 65  Egypt $ 3 billion Orascom

[6][7][8]

See also

References

  1. Papadopoulos, Anna (22 October 2018). "Africa's Billionaires: Top 25 Richest People In Africa, 2018". CEOWORLD magazine. Retrieved 5 June 2019.
  2. Dolan, Kerry A. (10 January 2018). "African Billionaire Fortunes Rise On Forbes 2018 List Of Continent's Richest". Forbes. Retrieved 5 June 2019.
  3. LAFRANCO", "ROB. "Africa's Billionaires 2023". Forbes. Retrieved 10 February 2023.
  4. Team, Forbes Wealth. "The Forbes Billionaires' List: Africa's Richest People 2021". Forbes. Retrieved 23 September 2021.
  5. "Africa's Billionaires". Forbes. Retrieved 27 May 2020.
  6. "Elon Musk". Forbes. Retrieved 2 July 2020.
  7. "The Forbes Billionaires List: Africa's Billionaires 2019". February 2019.
  8. "Africa's Billionaires". Forbes.
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