Top 10 Billionaires in Africa
These are the top 10 richest people in Africa.
1) Aliko Dangeto $25 billion –from Nigeria
This man is reported to be the richest man in Africa for the fourth year in a row. His company is one of the largest industrial conglomerates and has interest in cement production, flour milling, sugar refining and food beverages. He is $9 billion richer than he was the previous year. The company is now present in 15 African countries.
2) Johann Rupert & Family $7.6 billion-from South Africa
This is South Africa’s richest man and his company owns brands like Cartier, Van Cleef &Arpels, Jeager-Le Coultre and Montblanc. He also owns stakes in investment companies Remgro and Reinet. He also has other holdings include two of South Africa’s best-known vineyards, Rupert & Rothschild and L’Ormarins as well as the transchhook Motor Museum. He has a 200 collection of cars.
3) Nicky Oppenheimer & family $6.7 billion-from South Africa
In July 2012, Oppenheimer sold his family’s 40% stake in his family’s diamond business, De Beers to Anglo American for $5.1 billion in an all-cash deal that marked the end of the Oppenheimer family’s multi-decade control of the diamond company. The Oppenheimer family invests through Tana Africa Capital, a $300 million private equity joint venture with Singapore state investor Temasek. Nicky also owns an estimated 1.8% stake in Anglo American.
4) Nassef Sawiris $ 6.7 billion-from Egypt
Nassef is the CEO of Egypt’s most valuable publicly-traded company called Oroscom Construction Industries. Bill Gates was part of a consortium of U.S investors who provided $2 billion to help cover payments to shareholders who prefer to tender their OCI shares for cash.
5) Isabel Dos Santos $3.7 billion-from Angola
She is the richest woman in Africa who owns substantial stakes in a number of blue-chip Angolan and Portuguese companies such as Angolan mobile phone company Unitel , Angolan bank, Portuguese media giant ZON Optimus and Banco BPI. Isabel is the eldest daughter of Angola’s President Jose Eduardo dos Santos and is believed to hold many of these assets in trust for her father.
6) Issad Rebrab $3.2 billion-from Algerian
Issad is Algeria’s richest man, thanks largely to his stake in Algeria’s biggest family-owned conglomerate, Cevital, which has interests in sugar refining, port terminals, auto distribution, mining and agriculture. His five children all work at Cevital and the group employs over 12,000 people.
7) Christoffel Wiese $3.2 billion-from South Africa
Wiese, a South African retail mogul is the chairman and the largest shareholder of Shoprite Holdings, a chain of low-price supermarkets with a presence across multiple African countries. He also owns a large stake in Pepkor, a private company that owns seven different discount fashion brands. His other assets include Lanzerac Manor & Winery, a five-star hotel and a significant shareholding in Brait, a private equity firm.
8) Nathan Kirsh $3.1 billion-from Swaziland
Nathan Kirsh, a Swazi national is the founder of Jetro Holdings 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) Mohamed Mansour $ 3.1 billion-from Egypt
Along with his two brothers, Yasseen and Youssef (also on FORBES’ billionaires list), Mohamed runs the Mansour Group which owns the world’s largest GM dealership. The Mansour Group also owns the largest supermarket chain in Egypt, the country’s second largest real estate developer, Palm Hills, and the Philip Morris franchise in Egypt.
10) Othman Benjelloun $ 2.8 billion-from Morroco
Othman Benjelloun is the CEO of BMCE Bank, one of the largest commercial banks in Morocco, with operations in at least 15 African countries. He is also the chairman of holding company FinanceCom which has interests in banking, insurance, and telecom in Morocco.