This is the frequently asked question by the people who reside in the African continent. Hence, this post presents the names of all billionaires in that continent along with their wealth, country of citizenship and money. According to Forbes, which ranks annually allrichest peopleacross the globe, a total of 18 people this continent are billionaires. Of them, the wealthiestAliko Dangote from the country of Nigeria. Below table shows the names of all and after that you will find a little info about them.
Who are these people and what do they? From where did they make so much of money? How these people made their fortune? To answer these questions, let us see a little biographical info about them.
If we see the list, then we find that of the 18, 6 billionaires are from Arab country of Egypt, six men from South Africa, three from the Arab nation of Morocco and 2 from Muslim countries of Nigeria while only one from Angola. And that one is a woman and that makes her therichest womanin Africa.
Not only he is the wealthiest person, but also Aliko Dangote is the richest in Nigeria. He has a fortune which has been estimated by the Forbes to be around $16 billions which is more than anyone in the African continent. Not even a single person on the continent has a wealth which is more than $10 billions let alone $16 billions. Aliko Dangote is the President and CEO of Dangote Group, which is entirely owned by him. He controls his highly diversified businesses through the Dangote Group. Some of Dangotes business includes Cement manufacturing, sugar refining and manufacturing of food products like pasta, noodles, etc. Thisblack billionairealso has interests in real estate sector.Dangotehas also invested billions of dollars for the creation of the largest oil refinery in Nigeria and the whole of Africa. His subsidiary company Dangote Cementsisthe largest cement manufacturer. His wealth is entirely self made and he is referred in the media as Africas Self Made Billionaire. Because of his black ethnicity, he is also therichest black man in the world.
Son of late billionaire Anton Rupert, Johann is a citizen of South Africa. He inherited the vast fortune of his father and later diversified it and increased it. He holds the majority of stakes in Richemont group which manufactures luxury goods and owns watchmakers IWC, Vacheron Constantin SA, Piaget and Montblanc. Recently in May 2013, he announced a temporary retirement for 12 months from all his corporate commitments. Johann Rupert is therichest in South Africa. His company designs, manufactures, distributes and sells premium jewelry, watches, leather goods, writing instruments, shotguns, rifles, clothing and accessories.
Belonging to the country of South Africa, Nicky Oppenheimer is a diamond magnate and tycoon. He is of German Jewish descent from his fathers side. He is the Chairman of the company named De Beers in which he owns stakes.DeBeersisan umbrella company owning several small diamond companies in South Africa, which are involved in mining, shaping and promotion of diamonds in the world. Oppenheimer funded the construction of Tswalu Kalahari Reserve, which is the largest game reserve in Africa.
Son of Egyptian billionaire Onsi Sawiris, Nassef inherited fortunes of his father and heads one of the several companies owned by Sawiris family. Nassif has another brother Naguib, who is also an Egyptian billionaire. The Sawiris family is the richest family in Africa as it contains 3 billionaires Onsi, Nassef and Naguib. Their combined net worth is more than any other family in that continent.Nassefheads the Orascom Construction Industries, which is a part of Orascom Group, founded by his father Onsi. Though born in Egypt, he received his education from America. He is an alumnus of the University of Chicago and holds the degree of BA in Economics.
A resident of Nigeria, Mike Adenugas wealth is only second to Dangote in his country. He is the owner of telecommunication company Globacom Limited. His mobile company operates in Nigeria, Ghana and Republic of Benin. He also has investments in oil refineries and owns them through his Mike Adenuga Group. On being asked by Tribune News about his success, his reply was it is due to my Vision, hard work, dedication, patience, commitment, risk taking and obedience. His net worth is approximately a quarter of Alikos and he is second in Nigeria and fifth wealthiest in this list.
Another one from South Africa, Christoffel Wiese has made his wealth entirely on his own self. A self-made billionaire, he is the largest stakeholder in retailing company Shoprite, which is largest in Africa and also in his own country. He holds the degree of BA, LLB and Doctorate from University of Stellenbosch. He is an alumnus of the University of Capetown.
Born in Fes, Morocco, Othman Benjelloun received his education from Switzerland. His father was an investor holding stakes in insurance companies. Othman inherited those stakes and expanded the banking business of his family. He holds stakes in Bank of Africa and BMCE bank.Benjellounis the wealthiest man in Morocco with his net worth and seventh wealthiest in Africa.
Holding the title of Black South African Billionaire, Patrice is another example of self-made billionaires in the continent. He is the founder of publicly-listedcompanyAfrica Rainbow Minerals which is involved in the mining of metals like Nickel, Cadmium, Copper, iron, etc.
Brother of Nassef Sawiris and a member of the famous Egyptian Sawiris family, Naguib is Executive Chairman of Orascom Telecom Holding. This telecom company is one of the several companies under the umbrella of the Orascom group which was founded by Naguibs father.
Another Egyptian billionaire on this top 10 list, Mohamed Mansour holds an engineering degree from North Carolina, University of America and management degree from Auburn University. He has a diversified business which includes investments in retail, automobiles, banking and foods.
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am happy for him because is not ise to be rich i will like to be like him by god grace
I am very happy for him, I believe that working hard leads to success always. I wish I could be the richest lady and help all the poor people in the world. May God provide me power and let my dream come true. AMEN
i will like to be one of the richest man in africa
We really thank GOD even with the recession our business men in nigeria are maintaining their positions in africa. if you want to be rich the surest way to go is to invest in business.which is my desire so help me GOD !
Very admirable the way Africans and Nigerians compliment their countrymen, not try to tear them down. What a great spirit they are showing.
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