10 richest people in Africa

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Africa with people image

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.

10. Isabel dos Santos – Born 20 April 1973

Isabel dos Santos is an Angolan businesswoman, Africa's richest woman and the eldest child of Angola's former President José Eduardo dos Santos, who ruled the country from 1979 to 2017. In 2013, according to research by Forbes, her net worth had reached more than three billion US dollars, making her Africa’s first billionaire woman.

An image of Isabel dos Santos

Real time net worth: $2.4 Billion = 30 Billion ZAR

Isabel dos Santos acquired her wealth by taking stakes in companies doing business in Angola, suggesting that her wealth comes almost entirely from her family's power and connections. In November 2015, the BBC named Isabel dos Santos as one of the 100 most influential women in the world.

9. Mohamed Mansour – Born 14 December 1952

Mohamed Mansour is an Egyptian businessman, former politician and is the chairman of Mansour Group, a US$6 billion conglomerate that is the second largest company in Egypt by revenue.

An image of Mohamed Mansour

Real time net worth: $2.7 Billion = 33.8 Billion ZAR

The Mansour Group is a global, family-owned conglomerate with 60,000 employees, a presence in 110 countries and total revenues exceeding $6 billion. They are long-term partners with multinational companies including General Motors, Caterpillar, McDonalds and UPS among others.

8. Koos Bekker – Born 14 December 1952

Koos Bekker is chairman of leading emerging markets media group Naspers. Founded in 1915, Naspers is a global internet and entertainment group and one of the largest technology investors in the world.

An image of Koos Bekker

Real time net worth: $2.6 Billion = 32.5 Billion ZAR

Operating in more than 120 countries and markets with long-term growth potential, Naspers builds leading companies that empower people and enrich communities. During his tenure as CEO, which began in 1997, Bekker oversaw a rise in the market capitalization of Naspers from about $600 million to $45 billion. During that time, he drew no salary, bonus, or benefits and was compensated via stock option grants that vested over time.

7. Issad Rebrab & family – Born 27 May 1944

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.

An image of Issad Rebrab

Real time net worth: $3.9 Billion = 48.8 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.

6. Naguib Sawiris – Born 17 June 1954

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.

An image of Naguib Sawiris

Real time net worth: $4.1 Billion = 51 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.

Related post: 10 Richest people in the world

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Martin Grobler

About Martin

Martin is a digital marketing specialist, a producer and always online. His educational background is Digital and has given him a broad base from which to approach many topics. His wife & little girl comes first and in his spare time he really enjoys making music. You can learn more about him [HERE].
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