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Home Africa

Africa’s Top 10 Billionaires of 2024

Elizabeth Khumalo by Elizabeth Khumalo
November 29, 2024
in Africa, Culture, Economy, FA
Reading Time: 2 mins read
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Aliko Dangote [Photo/NewsWireNGR]

Aliko Dangote [Photo/NewsWireNGR]

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In 2024, the 10 richest individuals in Africa, according to Forbes, are:

1.Aliko Dangote (Nigeria) – Estimated fortune of $13.9 billion.

Founder and chairman of the Dangote Group, with interests in cement, sugar, and other industrial sectors.

2.Johann Rupert and family (South Africa) – $10.1 billion.

Chairman of Compagnie Financière Richemont, which owns luxury brands like Cartier and Montblanc.

3.Nicky Oppenheimer and family (South Africa) – $9.4 billion.

Former chairman of De Beers, a leading diamond mining company.

4.Nassef Sawiris (Egypt) – $8.7 billion.

Investor in companies like Adidas and leader in the construction and fertiliser sectors.

5.Mike Adenuga (Nigeria) – $6.9 billion.

Also read: Top 10 countries with longest life expectancy in Africa

Founder of Globacom, one of Nigeria’s largest telecom operators, with investments in the oil sector.

6.Abdulsamad Rabiu (Nigeria) – $5.9 billion.

Chairman of the BUA Group, operating in cement, sugar, and real estate.

7.Naguib Sawiris (Egypt) – $3.8 billion.

Businessman in the telecommunications and investment sectors.

8.Mohamed Mansour (Egypt) – $3.2 billion.

Leader of the Mansour Group conglomerate, with interests in various sectors, including automotive and retail.

9.Koos Bekker (South Africa) – $2.7 billion.

Chairman of Naspers, a multinational media and investment company.

10.Patrice Motsepe (South Africa) – $2.7 billion.

Founder of African Rainbow Minerals, operating in the mining sector.

These entrepreneurs play significant roles in various economic sectors across the African continent, contributing to its development and economic growth.

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Elizabeth Khumalo

Elizabeth Khumalo

Made in Britain with prime Zimbabwean parts! Looking through the glass half full for a positive Africa narrative! #Africarising

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