Who is the richest man in Africa? Want to jump straight to the right answer? Aliko Dangote is the richest man in Africa with a net worth of $10.6 billion, making him one of the richest men in Africa.
Are you looking for the richest men in Africa? If so, here are the top 10 richest men in the African continent.
Here is a list of the top 10 richest men in Africa
1. Aliko Dangote (The Richest Man in Africa)
2. Mike Adenuga
3. Nicky Oppenheimer
4. Naseef Sawiris
5. Johann Rupert
6. Issad Rebrad
7. Naguib Sawiris
8. Koos Bekke
9. Mohamed Mansou
10. Youssef Mansour
1. Aliko Dangote (The Richest Man in Africa)
AGE: 63 years
COUNTRY: Nigerian
NET WORTH: $10.6 billion
Aliko is ranked as the 100th richest person in the world and the richest man in Africa.
He is a business investor and founder of Dangote Group which is his main source of wealth, being the largest industrial group in Nigeria inclusive of Dangote Cement, Dangote Sugar Refinery and Dangote Flour.
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Dangote Group has interests in commodities in Nigeria and other African countries and it also owns stakes in publicly- traded salt and sugar manufacturing companies.
2. Mike Adenuga
AGE: 67 years
COUNTRY: Nigerian
NET WORTH: $9.2 billion
Michael Adeniyi Adenuga Jr is a billionaire business man.
He comes in the second position among the richest men in Africa.
He built his fortune in Globacom; the second largest telecommunication operator in Nigeria and with a presence in Ghana and Benin.
The company offers international and voice calling, sms, high-speed internet and ADSL for homes.
He also owns stakes in the Equatorial Trust Bank and the Oil exploration firm, Conoil.
3. Nicky Oppenheimer
AGE: 75 years
COUNTRY: South African
NET WORTH: $7.3 billion
A billionare businessman who was formerly the chairman of De Beers diamond mining company before the family stake was sold to Anglo American and of its subsidiary, the Diamond Trading Company.
He retired thereafter but is still on the list of the richest men in Africa.
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4. Naseef Sawiris
AGE: 59 years
COUNTRY: Egyptian
NET WORTH: $6.3 billion
Naseef Onsi Sawiris is the youngest of the Onsi Sawiris’ three sons who are also billionaires.
He has held several senior positions such as board director at the Dubai International Financial Exchange, director at Adidas AG, chairman of Aston Villa F.C, and owns a stake in the family business, the Sawiris’ Group.
He is also one of the richest men in Africa and is currently ranked as the 4th richest man in Africa.
5. Johann Rupert
AGE: 70 years
COUNTRY: South African
NET WORTH: $5.3 billion
Johann Peter Rupert is the eldest son of business tycoon Anton Rupert and his wife Huberte.
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Rupert is the chairman of the Swiss-based luxury goods company Richemont and the South African-based company Remgro Limited and VenFin Limited, restructured from Rembrandt Group Limited.
As of 1st April of the year 2010, he assumed a CEO position of Compagnie Financiere Richemont.
Rupert is also a former cricketer and has founded the Laureus Sport for Good Foundation in 1990 and since then, has funded 65 projects globally with the goal of using sport to tackle social issues, having a particular emphasis on underprivileged children.
Johann is the fifth richest man in Africa.
6. Issad Rebrad
AGE: 76 years
COUNTRY: Algerian
NET WORTH: $3.9 billion
Issad is the CEO of the largest private company in Algeria and biggest group in agricultural business, Cevital industrial group and also one of the richest men in Africa.
Cevital has interests in steel, food, agribusiness and electronics.
In 2016, Rebrab acquired El Khabar media group for $45 million being his second investment in media as he already owns the French-Algerian daily paper ‘Liberte’.
7. Naguib Sawiris
AGE: 66 years
COUNTRY: Egyptian
NET WORTH: $2.9 billion
Naguib Onsi Sawiris is an Egyptian billionaire businessman who runs a family business, Orascom thus making him one of the richest people in Africa.
Since joining Orascom, he has contributed to its growth as one of Egypt’s largest and most diversified conglomerates.
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He is the brother to Naseef Sawiris who is also a billionaire as the fourth richest man in Africa.
Apart from being a chairman of Osasco Telecom Media and Technology Holding S.A.E, he also chairs Weather Investments’ parent company which is a gold producer based in Canada with exploration activities in Africa, Australia and Argentina.
8. Koos Bekke
AGE: 68 years
COUNTRY: South African
NET WORTH: $2.5 billion
Jacobus Petrus ‘Koos’ Bekker is a chairman of emerging markets media group, Naspers and Africa’s 8th richest man.
For 15 years as CEO, he earned no salary but was compensated only through stock option grants that vested over time hence making him one of the richest men in Africa.
This company operates in 130 countries, has the largest market capitalization of any media company outside the US and China and is listed on the London and Johannesburg Stock Exchanges.
9. Mohamed Mansou
AGE: 72 years
COUNTRY: Egyptian
NET WORTH: $2.3 billion
He is the chairman of the Mansour Group, a US$6 billion conglomerate, building close ties as distributors for US companies including Chevrolet, Marlboro, General Motors and Caterpillar.
He has served in politics too as the minister of transport which he resigned afterwards.
Mansour Group is the second largest company in Egypt by revenue and together with his two brothers, they have claimed dominance in what they do.
His unique business acumen has earned him a place among the richest men in Africa in the ninth position.
10. Youssef Mansour
AGE: 80 years
COUNTRY: Egyptian
NET WORTH: $1.9 billion
He is Mohamed Mansour’s older brother and a chairman of family owned conglomerate Mansour Group which is also partly owned by his two younger brothers, Mohamed and Yasseen Mansour.
He oversees the consumer goods division which includes sole distributing rights for L’Oreal Egypt.