Are you wondering who the richest people in Africa are right now? I surely am and while Forbes updates their lists of the richest in real time as markets fluctuate... the publication also releases a more set list each year.
Last year Africa had 21 billionaires and this year Africa has 23 with a combined total of $75.4 billion dollars. This is R956 065 460 000
So, here is a list of what I found to be the top 10 richest people in Africa.
Mohamed Mansour was born on 31 January 1948 and is an Egyptian billionaire businessman and former politician. He is the chairman of Mansour Group, a US$6 billion conglomerate. In November 2019, Forbes estimated his wealth at $2.9 billion.
Real time net worth: $2.9 Billion = 55 Billion ZAR
With his two brothers, Mansour maintained an active role in the Mansour Group, the family business, building close ties as distributors for US companies including Chevrolet, Marlboro, General Motors and Caterpillar. Some of his other interests include Metro, the largest Egyptian supermarket chain, and McDonald's franchises in Egypt.
Patrice Tlhopane Motsepe is a South African mining billionaire businessman. Since 12 March 2021, he has been serving as the President of the Confederation of African Football. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum.
Real time net worth: $3.2 Billion = 61 Billion ZAR
In 1994, he became the first black partner in the law firm Bowman Gilfillan, the same year that Nelson Mandela was elected as the country's first black president. While the new government began promoting black empowerment and entrepreneurship; Motsepe founded Future Mining, which provided contract mining services that included the cleaning of gold dust from inside mine shafts for the Vaal Reefs Gold mine, and implemented a system of worker remuneration that combined a low base salary with a profit-sharing bonus.
Naguib Sawiris is a Coptic-Egyptian billionaire businessman. Sawiris is chairman of Weather Investments's parent company, and chairman of Orascom Telecom Media and Technology Holding S.A.E.
Real time net worth: $3.3 Billion = 62 Billion ZAR
As the founder of OTH, Sawiris has led the growth of the company, culminating in the merger deal between Wind Telecom, the parent company of Orascom Telecom Holding and VimpelCom Ltd. in April 2011. At the time, the merger created the world’s sixth largest mobile telecommunications provider by number of subscribers with operations in 20 countries serving 181 million customers.
Issad Rebrab is an Algerian billionaire businessman, CEO of the CEVITAL industrial group, the largest private company in Algeria; active in steel, food, agribusiness and electronics.
Real time net worth: $4.6 Billion = 87 Billion ZAR
Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. With 18,000 employees spread over 3 continents, it represents the flagship of the Algerian economy and works continuously to create jobs and wealth.
Mike Adenuga is a Nigerian billionaire businessman and the second-richest person in Nigeria. His company Globacom is Nigeria's second-largest telecom operator, and has a presence in Ghana and Benin. He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company).
Real time net worth: $6.3 Billion = 109 Billion ZAR
Globacom Limited is a Nigerian multinational telecommunications company headquartered in Lagos. GLO is a privately owned telecommunications carrier that started operations on 29 August 2003. It currently operates in four countries in West Africa, namely Nigeria, Republic of Benin, Ghana and Côte d'Ivoire.