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2024, the top 10 richest men in Africa and their net worths

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As of 2024, the top 10 richest men in Africa and their net worths

Here are the top 10 richest men in Africa for 2024, along with their net worths and a brief overview of their business interests:

  1. Aliko Dangote – $10.1 billion
    • Nigerian industrialist and founder of Dangote Group, which has interests in cement, sugar, salt, oil, fertilizer, and packaged food. His 86% ownership in Dangote Cement is the primary source of his wealth.
  2. Johann Rupert – $10 billion
    • South African businessman who heads Compagnie Financière Richemont, the world’s largest luxury watchmaker. His diversified portfolio includes stakes in Remgro and Reinet.
  3. Nicky Oppenheimer – $8.3 billion
    • South African heir to the Oppenheimer diamond fortune. Former chairman of De Beers and the Diamond Trading Company. Sold the family’s stake in De Beers to Anglo American in 2012.
  4. Nassef Sawiris – $7.4 billion
    • Egyptian billionaire with investments in Adidas, OCI (a fertilizer company), and sports teams such as Aston Villa and Vitória S.C. He is the youngest son of Onsi Sawiris.
  5. Mike Adenuga – $7.4 billion
    • Nigerian entrepreneur with interests in telecommunications (Globacom) and oil (Conoil Producing). Globacom is Nigeria’s third-largest mobile phone operator.
  6. Abdulsamad Rabiu – $5.9 billion
    • Nigerian businessman and founder of BUA Group, which operates in cement, sugar, and real estate. BUA Cement is publicly listed on the Nigerian Stock Exchange.
  7. Nathan Kirsh – $5.8 billion
    • Swazi businessman leading the Kirsh Group, which holds a majority stake in Jetro Holdings, a cash-and-carry operation. His business ventures span several countries and industries.
  8. Issad Rebrab – $4.6 billion
    • Algerian CEO of Cevital, the largest private company in Algeria. Cevital operates the world’s largest sugar refinery and has interests in agribusiness, steel, and electronics.
  9. Mohamed Mansour – $3.6 billion
    • Egyptian billionaire overseeing the Mansour Group, with interests in distribution, supermarkets, and franchises like McDonald’s in Egypt. Former Egyptian Minister of Transport.
  10. Naguib Sawiris – $3.3 billion
    • Egyptian entrepreneur who sold Orascom Telecom to VimpelCom in 2011. He has investments in media (Euronews) and real estate (Silversands luxury resort).

These figures highlight the diversity of industries—ranging from telecommunications and cement to luxury goods and agribusiness—that these billionaires are involved in, reflecting the varied economic landscape of Africa

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