Top 10 Richest Man In Africa

  • September 29, 2018

Africa is full of natural resources and human potentials. Here we talk about Africa’s top 10 richest persons who involved with diversified business like some of them are in food industries some of them are in mining and some has his own private companies. There are also some of connect with telecom and media industries. So, let’s take look on them briefly.

1. Aliko Dangote


Top 10 Richest Man In Africa

Wealth : $11 billion

Source of Income : Cement, Sugar, Salt, Flour

Resident : Lagos, Nigeria

Aliko Dangote is Africa’s wealthiest man who founded Dangote Cement, Africa’s largest cement producer company. Aliko Dangote nearly own 86% of shares of Dangote Cement through holding company. The company produce 42 million metric tons cement annually and plan to increase its production 33% by 2020. Aliko Dangote also own the traded of salt, flour and sugar.

2. Issad Rebrab


Issad Rebrab

Wealth : $3.2 billion

Source of Income : Sugar, Corn, Flour (foods)

Resident : Algiers, Algeria

Issad Rebrab born in May 1944, Taguemount Azouz, Algeria. He is the founder and CEO of Cevital company, Algeria’s largest privately held company. Cevital has world’s largest sugar production plan, capacity of 2 million tons per year. Issad Rebrab plans to build steel mill in brazil to manufacture train tracks for improving transport of sugar, corn and flour exports. His five of all sons are work with Cevital.

3. Johann Rupert


Johann Rupert

Wealth : $6.3 billion

Source of Income : Luxury Goods

Resident : Cape Town, South Africa

Johann Rupert is one of the richest men in the Africa. He is a chairman of Swiss luxury goods Financiere Richemont Company, which known for the brand Cartier and Montblanc. He owns 7% of stake of Remgro and 25% Of Reinet company.

4. Koos Bekker


Koos Bekker

Wealth : $2.4 billion

Source of Income : Media, Investment

Resident : Cape Town, South Africa

Koos Bekker work as chairman and CEO of South African newspaper publisher Naspers. He invested in Chinese media company in 2001, by far he made most profitable bets. Bekker become CEO of Naspers in March 2014 and returned to as chairman in April 2015. During his CEO position company raised $600 million to $45billion, this time he didn’t took salary or any bounce.

5. Mike Adenuga


Mike Adenuga

Wealth : $4.2 billion

Source of Income : Telecom, Oil and Gas

Resident : Lagos, Nigeria

Mike Adenuga is second richest man in the Nigeria with 4.2 billion wealth. He is the owner of Glo telecom and Oil production. Glo telecom company is second largest Nigeria’s mobile network company with 36 million subscribers. He made first million at 26 years by selling lace and distributing cold drinks in Nigeria.

6. Naguib Sawiris


Naguib Sawiris

Wealth : $4 billion

Source of Income : Telecom

Resident : Cairo, Egypt

Nassef Sawiris is belonging to billionaire family, his father Onsi and brother Nassef both are billionaire. He builds his fortune in telecom industry, in 2011 Sawiris sold Orascom Telecom to Russian telecom company VimpelCom. Later, in 2017 withdraw as a CEO of Orascom Telecom Media & Technology. After that he invest in gold mine companies and acquired nearly 20% stacks in Australia-listed gold mining company and 20% in Toronto-listed endeavour mining company.

7. Nassef Sawiris


Nassef Sawiris

Wealth : $6.8 billion

Source of Income : Construction, Chemicals

Resident : Cairo, Egypt

Nassef Sawiris is belonging to billionaire family, his father Onsi and brother Naguib both are billionaire. Since 1990, He runs Orascom Construction Industries, Egypt most valuable construction industries and in 2015 its divided into two entities OCI and Orascom Construction. He also holding trades in cement giant Lafarge Holcim company. An, OCI is world’s biggest Nitrogen fertilizer producer, plant in Texas and Iowa.

8. Nicky Oppenheimer


Nicky Oppenheimer

Wealth : $7.7 billion

Source of Income : Diamonds

Resident : Johannesburg, South Africa

Nicky Oppenheimer was third generation of his family, who runs DeBeer and took the company private in 2001. Oppenheimer now own 1% of stake in Anglo America, founded by his grandfather in 1917.

9. Patrice Motsepe


Patrice Motsepe

Wealth : $2 billion

Source of Income : Mining

Resident : Johannesburg, South Africa

Patrice Motsepe become first black African billionaire into the Forbes list. In 1994, he bought and start with low producing gold mine and later turned them into profitable. He is also founder and chairman of African Rainbow Minerals. Later He launched African Rainbow Capital private company for the investing in the Africa. He also stake in financial listed company and president and owner of the Mamelodi Sundowns Football Club.

10. Aziz Akhannouch


Aziz Akhannouch

Wealth : $1.7 billion

Source of Income : Petroliam, Diversified

Resident : Casablanca, Morocco

Aziz Akhannouch is business man and one of the richest in the Africa, also he is the Morocco’s Minister of agriculture and Fisheries. Akhannouch is the majority owner of Akwa Group. Aziz has interest in oil and gas, petroleum and chemicals through publicly.



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