Top 10 Richest African Billionaires

August 1, 2015

People from all over the world have managed to make to the list of billionaires in the world as listed by Forbes. Today, we talk only about the ten billionaires of African decency who have managed to go through all the odds in life and have made billionaires out of themselves while making all the eyes of the world go around their big fat bank accounts.

Among the twenty-nine African billionaires, the following ten have made some extra effort to get enlisted as the richest Africans. Well, you must be very excited to learn their exceptional stories that have empowered the Africans to dominate the world in their respective arenas.

Let’s dive into the pool of richness that these people have amassed with their wisdom and hardwork. Here’re the top 10 richest African billionaires in the world!

10. Issad Rebrab, Net worth: $3.1 billion

Issad Rebrah net worth

Issad is an Algerian businessman who does not put all his eggs in one basket. He has a diversified portfolio regarding his business but he is mostly noted as the CEO of CEVITAL industrial group which is the largest private company in Algeria.

His company, CEVITAL invests in steel industry, food, agribusiness and electronics. Previously a teacher, Issad started his business career with his own accounting firm and now, he has managed to become the richest person in his country as well as one of the richest in the world.

9. Isabel Dos Santos, Net worth: $3.1 billion

Isabel dos Santos Net Worth

Isabel Dos Santos is an Angolan citizen whose father currently serves as the president of Angola. Isabel is involved in telecom related business, and is a large stockholder for many of banks, telecoms and many more. Her major business involvements include Angolan cell phone company “Unitel”, Angolan bank “Banco BIC SA”, Portuguese media “ZON Optimus” and “Banco BPI”.

According to media, she has been holding many of these as assets to her father and is ranked as the 9th richest African in the world today.

8. Nathan Kirsh, Net worth: $3.9 billion

Nathan Kirsh net worth

Nathan is a citizen of Swaziland who made his fortune by a corn milling business that he founded in 1958. He is now a business tycoon of Swaziland who has his business extended all around the world. He is a founder of the company named “Jetro Holdings” which is a wholesaler of perishable and non-perishable food products, household goods and other grocery related products.

He is also very much involved in property distribution which helped him amass a good percent of his net worth. Nathan is currently the eighth richest African with a net worth amounting to fabulous $3.9 billion.

7. Mohammad Mansour, Net Worth: $4 billion

Mohamed Mansour Net Worth

Mohammad is an Egyptian businessman who owns the world’s largest GM dealership along with his billionaire brothers under their company named “Mansour Group”. The country which recently underwent some financial troubles homes “Mansour Group” which runs the largest chain of supermarkets all over Egypt.

Mohammad also owns one of Egypt’s largest real estate power, “Palm Hills” as well as the “Philip Morris” franchise in the country making himself and his brothers highly accounted billionaires.

6. Mike Adenuga, Net worth: $4 billion

Mike Adenuga Net Worth

Mike is a Nigerian businessman and investor who has amassed his net worth of billions from telecoms and oil. He is the founder of a Nigerian cell phone network company that goes by the name “Globacom”. This company is one of the largest telecom of Nigeria and serves millions of people. He is also a private owner of an oil exploration company named “Conoil Producing” which obviously earns him millions every year.

This 6th richest African billionaire is also noted vastly for his secrecy and privacy as he is not much seen publicly and likes to seclude himself from presses and media.

5. Nassef Sawiris, Net worth: $6.3 billion

Nassef Sawiris Net Worth

The richest man of Egypt, Nassef Sawiris is a business tycoon who serves as the CEO of “Orascom Construction Industries” which happens to be the largest construction company of the country. Orascom is also involved with chemicals and fertilizers business and is the most valuable corporation which has gone public.

He has been noted for the recent business deal with the Abu Dhabi’s International Petroleum Investment Co. He looks forward to establish a coal based power plant in Egypt with this recent deal.

4. Christoffel Wiese, Net worth: $6.3 billion

Christoffel Wiese Net Worth

Another billionaire made by retail business, Christoffel is a South African business mogul who owns the stakes of “Shoprite Holdings”. This is a company which manages chain of supermarkets that extend to almost all of the African countries. Other than the 15% share in this company, he has invested in many other businesses including fashion brands, a five star hotel, a winery and many more.

He also holds stocks in a private equity firm which goes by the name “Brait”. With all these ventures in hand, Christoffel has managed to become the fourth richest African in the world.

3. Nicky Oppenheimer and family, Net worth: $6.7 billion

Nicky Oppenheimer net worth

Oppenheim and the family has been the recent market hits when they cashed out their generations of diamonds holdings and business in 2012. They cashed a total of $5.1 billion from Anglo American when they sold their diamonds business that seated them as one of the richest people in South Africa. After that, the family has managed to increase their fortunes with some great investments in food manufacturing as well as other businesses.

2. Johann Rupert and Family, Net Worth: $7.4 billion

Johann Rupert Net Worth

Johan Rupert is the second richest African with a net worth of $7.4 billion in his pockets. Johann is a South American investor who has put his name in many luxury goods and services. Rupert is the chairman of “Richemont” which brands many major names such as Montblanc, Cartier, Cleef and Arpels and many more. It is with all these products and brands that Rupert has managed become one of the most recognized businessmen in the world.

1. Aliko Dangote, Net Worth: $15.7 billion

Aliko Dangote Net Worth

The richest African in the world is the Nigerian business mogul who is recognized to the whole world as Aliko Dangote. Aliko’s business group “Dangote Group” is one of the largest business venture which has been earning billions for Aliko with extended investments in industries with the likes of cement production, sugar refining and more.

Aliko’s business saw some dents in last year that caused him to lose around $10 billion. Despite of that, Aliko still stands proud as the richest African in the world with a net worth of $15.7 billion.

Check also- Top 10 Richest People in Africa

These African billionaires have managed to show the world that with a vision and passion, anyone can utilize their strengths to become successful. The mega minds do not require the comfort and ease of first worlds like USA but every soil is capable of spawning the visionaries. It is only the matter of providing passion and hard-work to one’s vision that can actually find success to the person.