The Rich List - Africa's Money Bags
A list of the richest people in Africa.
WITH A COLLECTIVE NET WORTH OF OVER $76 BILLION, THESE ARE THE 15 RICHEST PEOPLE IN AFRICA.
THIS SURVEY IS ACCORDING TO THE BLOOMBERG BILLIONAIRE INDEX 2020.
This people have made their fortunes by investing heavily in the oil, diamond, retail and other industries respectively. With Aliko Dangote, owner of the largest conglomerate in Africa taking top spot with a net worth of $17.8 Billion.
They have proven and shown the rest of Africa and the world that, wealth, affluence and power can be achieved in the continent, if we work hard/smart and put the right measures in place. Without further ado, these are your top 15.
15. YASSEEN MANSOUR
NET WORTH: $1.1 Billion
AGE: 60
LOCATION: EGYPT
INDUSTRY: INDUSTRIAL
Also like his brothers, yansseen owns a stake in his family's business Mansour Group, he is also the chairman of one of the largest real estate developers in Egypt Palm Hills Development.
14. YOUSSEF MANSOUR
NET WORTH: $1.5 Billion
AGE: 75
LOCATION: EGYPT
INDUSTRY: INDUSTRIAL
Youssef like his brothers also owns a stake in his family's conglomerate Mansour Group, he works at the company and is head of the company's consumer division.
13. ISABEL DOS SANTOS
NET WORTH: $1.7 Billion
AGE: 47
LOCATION: ANGOLA
INDUSTRY: INVESTMENT
The daughter of former Angolan president, reportedly during her father's tenure she acquired stakes in various Angolan companies, one being a telecommunications company. She has been accused of corruption, has fled to Europe, and denies all allegations.
12. AZIZ AKHANNOUCH & FAMILY
NET WORTH: $2 Billion
AGE: 60
LOCATION: MOROCCO
INDUSTRY: OIL & GAS
He is the CEO of his family's company Akwa group, holding an interest in various oil and gas companies. He is also the current minister of Agriculture and Fisheries in his home country Morocco.
11. MOHAMED MANSOUR
NET WORTH: $2.5 Billion
AGE: 72
LOCATION: EGYPT
INDUSTRY: INDUSTRIAL
Mohamed is the head of his family's company the MANSOUR Group, which is known as one of the world's largest General motor dealers, a top distributor of caterpillar products, it also operates one of Egypts largest supermarket chains, the Metro Markets.
10. KOSS BEKKER
NET WORTH: $2.9 Billion
AGE: 68
LOCATION: South Africa
INDUSTRY: Media
He is the chairman of Naspers, a media group that operates across countries, also said to be a heavy technology investor, the company holds an investment in Tencent, a Chinese internet and media company.
9. PATRICE MOTSEPE
NET WORTH: $3 Billion
AGE: 58
LOCATION: South Africa
INDUSTRY: Mining
Motsepe, is the founder of African Rainbow Minerals, which holds investments in minerals such as copper, platinum and coal. Also he's the founder of the equity firm African Rainbow Capital which is privately owned.
8. ISSAD REBRAB
NET WORTH: $4.8 Billion
AGE: 77
LOCATION: Algeria
INDUSTRY: Industrial
He is the owner of Cevital, the largest privately owned conglomerate in the whole of Algeria. The company owns numerous brands, a steel mill company, water purification enterprise, a home appliance company and is home to one of the world's largest sugar refineries.
7. ABDULSAMAD RABIU
NET WORTH: $5.4 Billion
AGE: 60
LOCATION: Nigeria
INDUSTRY: Manufacturing
He is the founder of the conglomerate BUA group, known for cement, sugar and real estate.
6. NAGUIB SAWARIS
NET WORTH: $5.47 Billion
AGE: 66
LOCATION: Egypt
INDUSTRY: Media and Telecommunications
Reported to have stakes in gold mines across the world. He made over $4 Billion in 2011, when he sold his stake in Vimpelcom a telecommunications company.
5. MIKE ADENUGA
NET WORTH: $6.3 Billion
AGE: 67
LOCATION: Nigeria
INDUSTRY: Oil and Telecommunications
He is the chairman of Globacom the second largest telecommunications operator in Africa, also owns a major stake in Conoil, a oil and gas company.
4. NASSEF SAWARIS
NET WORTH: $6.5 Billion
AGE: 59
LOCATION: Egypt
INDUSTRY: Industrial
The richest man in Egypt, he owns a 30% stake in the fertilising producer OCI, as well as a 6% stake in sports brand company Adidas, he is the son of Egyptian billionaire Onsi Sawaris.
3. NICKY OPPENHEIMER
NET WORTH: 7.45 Billion
AGE: 75
LOCATION: South Africa
INDUSTRY: Diamonds
He is the heir to "De Beers", the world's largest producer of diamonds. He sold his family's 40% stake in the company for $5.2 Billion in 2012.
2. JOHANN RUPERT
NET WORTH: $8.12 Billion
AGE: 70
LOCATION: South Africa
INDUSTRY: Luxury
Rupert is the chairman of Richemont, also the heir, the largest luxury watchmaker on the planet, the company owns the Cartier brand.
1 ALIKO DANGOTE
NET WORTH: $17.8 Billion
AGE: 63
LOCATION: Nigeria
INDUSTRY: Manufacturing and Industrial
Africa's richest man, and also the richest black man on the planet for consecutive years running is the founder of Dangote group, Africa's largest conglomerate, being the largest producer of cement in sub - Saharan Africa. The company also produces sugar, salt, steel, flour, oil and gas.
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