These wealthy people are highly influential and inspire many people in the continent.
1) Aliko Dangote – Net worth: $15.7 Billion (Nigerian)
The world’s richest black man. He is heralded by some as the face of the new Nigeria. He is the wealthiest man in Africa. He built his fortune through three commodities: sugar, cement, flour and he plans to invest in oil.
2) Johann Rupert – Net worth: $7.4 Billion (South African)
Johann Rupert is a luxury goods billionaire. He is the chairman of Compagnie Financiere Richemont, a Swiss company best known for brands like Cartier and Montblanc. Rupert owns 7 percent stake in Remgro and 25 percent of Reinet. He worked for sometime at Chase Manhattan Bank. He has been a vocal opponent of fracking.
3) Nicky Oppenheimer Net Worth: $6.7 Billion (South African)
The Oppenheimer family ended its 85-year reign atop diamond giant De Beers in 2012, when Nicky Oppenheimer sold his 40 percent stake to Anglo American for $5.1 billion.
4) Christoffel Wiese – Net Worth: $6.3 Billion (South African)
South African self-made billionaire continues to chase deals; adding his fortune. The retailing tycoon announced plans to swap his minority stake in IT company DigiCore for a stake in ConvergeNet. Wiese owns a 15% stake in Shoprite Holdings, a chain of low-price supermarkets with a presence across multiple African countries.
5) Nassef Sawiris – Net Worth: $6.3 Billion (Egyptian)
Nassef Sawiris is the wealthiest man in Egypt. The 53-year-old billionaire won a tax evasion case that had pitted him against the government of former Egyptian president Morsi.
6) Mike Adenuga – Net Worth: $4 Billion (Nigerian)
The second richest man in Nigeria. Mike Adenuga made his fortune through investments in mobile telecom and oil production.
7) Mohamed Mansour – Net Worth: $4 billion (Egyptian)
Mohamed oversees the Mansour Group. He reported an increase in sales in the family’s GM car business, which had taken a dive due to the 2011 Egyptian revolution.
8) Nathan Kirsh – Net Worth: $3.9 billion (Swazi)
Swazi businessman, Nathan Kirsh is the founder of Jetro Holdings, a cash and carry wholesaler of perishable and non-perishable food products, household goods, equipment, supplies and related goods for grocery retailers. Kirsch made his first fortune in Swaziland several decades ago when he founded a corn milling business in 1958. He subsequently expanded into wholesale food distribution in apartheid South Africa and commercial property development.
9) Isabel dos Santos – Net Worth: $3.3 Billion (Angolan)
Africa’s richest woman, Isabel dos Santos is working to expand her stable of investments. She is the daughter of Angola’s longtime president Jose Eduardo dos Santos.
10) Issad Rebrab & family – Net Worth: $3.1 Billion (Algerian)
Issad Rebrab is the founder of Cevital, Algeria’s largest privately held conglomerate, which owns one of the largest sugar refineries in the world. The group also has interests in port terminals, auto distribution, mining and agriculture. He is Algeria’s richest person.
11) Naguib Sawiris – Net Worth: $3.1 Billion (Egyptian)
Naguib Sawiris resumed as CEO at his company Orascom Telecom Media & Technology (OTMT) in October 2013. Share prices increased by more than 7 percent due to this.
12) Youssef Mansour – Net Worth: $2.9 Billion (Egyptian)
The Egyptian billionaire maintains a lower profile than his billionaire brothers Mohamed and Yasseen. All the brothers have stake in Mansour Group.
13) Koos Bekker – Net Worth: $2.3 Billion (South African)
Bekker stepped down as CEO of media conglomerate Naspers in February 2014, but that did not stop the stock from rising in double digits. Refusing to take a salary, Bekker has traditionally been compensated via stock option grants that vest over time.
14) Othman Benjelloun – Net Worth: $2.3 Billion (Moroccan)
This 82-year-old billionaire has interests in insurance, banking and telecom in Morocco through his holding company FinanceCom. He is the CEO of BMCE Bank. He is also the chairman of holding company FinanceCom which has interests in banking, insurance, and telecom in Morocco.
15) Yasseen Mansour – Net Worth: $2.3 Billion (Egyptian)
Yasseen and his billionaire brothers Mohammed and Youssef run Mansour Group. The Group owns caterpillar dealerships and General Motor dealerships in many African nations. They also own supermarkets, restaurant franchises, and Philip Morris distribution in Egypt.
16) Patrice Motsepe – Net Worth: $2.1 Billion (South African)
Patrice Motsepe is a self-made billionaire who is the founder and chairman of African Rainbow Minerals. He is South Africa’s first and only black billionaire. He also holds a stake in Sanlam, a publicly traded financial services company.
17) Stephen Saad – Net Worth: $2.1 Billion (South African)
Stephen Saad is the founder of Aspen Pharmacare, the largest pharmaceutical company in Africa. His wealth increased by $600 million over the past year due to increase in the company’s stock price. The company has a market capitalization of $11 billion. Saad is the company’s largest shareholder.
18) King Mohammed VI – Net Worth: $2.1 Billion (Moroccan)
The king of Morocco is the 7th richest royal in the world. He celebrated his 15th year on the throne in July 2014. He inherited around 40 percent stake in Societe Nationale d’Investissement from his father.
19) Mohamed Al Fayed – Net Worth: $2 billion (Egyptian)
Mohammed Al-Fayed sold his Harrod’s department store in London to Qatar Holding for a reported $2.4 billion in 2010. In 2014, he sold Fulham Football Club, which he acquired in 1997 to American billionaire Shahid Khan for a reported $300 million. He now owns the famed Hotel Ritz in Paris which he closed in August 2012 to start construction on what will be the hotel’s biggest redo since it was built in 1898 and also owns Cocosa, a U.K.-based discount fashion website.
20) Folorunsho Alakija – Net Worth: $1.9 Billion (Nigerian)
Folorunsho Alakija is the second richest woman in Africa and third richest black woman in the world. She controls Famfa Oil. She founded the Rose of Sharon Foundation in 2008. It works to help widows and orphans.
21) Onsi Sawiris – Net Worth: $1.8 Billion (Egyptian)
This 84-year-old billionaire is the patriarch of Egypt’s richest family. He founded the Orascom Construction Industries. Currently his son Nassef heads the company.
22) Aziz Akhannouch – Net Worth: $1.7 Billion (Moroccan)
Aziz Akhannouch is the majority shareholder of Akwa Group, a multibillion-dollar Moroccan conglomerate with interests in petroleum, gas and chemicals through its publicly traded subsidiaries.
23) Allan Gray – $1.6 billion (South African)
Allan Gray is the founder of Cape Town-based investment management firm, Allan Gray Limited which he founded in 1973, after earning his MBA from Harvard and spending eight years at Fidelity in the US. The company manages $34 billion, making it the largest privately owned asset manager in South Africa. He also owns Orbis Investment Management in Bermuda which manages $30 billion.
24) Miloud Chaabi – Net Worth: $1.3 Billion (Moroccan)
Miloud Chaabi’s business Yanna Holding operates hotels and supermarkets, and develops real estate. It also owns SNEP, a chemical manufacturer in Morocco.
25) Mohammed Dewji – Net Worth: $1.3 Million (Tanzanian)
This 40-year-old Tanzanian millionaire is the youngest among Africa’s 50 richest for the second year. He owns 75 percent of METL Group, one of Tanzania’s largest industrial conglomerates founded by his father.
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