10 Richest People In Africa: This year there has been a shakeup or two in the list of Africa’s richest people. After nine years of reign as the richest man in Africa, Nigeria’s Aliko Dangote slipped to second place. Johann Rupert of South Africa is the richest person in Africa. Nikki Oppenheimer of South Africa is the third richest for her family business, Debers Diamonds. Like other places in the world, African billionaires have performed well during the global epidemic.
Missing from this list is Isabel dos Santos. She has been the subject of ongoing investigations into corruption and nepotism that turned her into Africa’s richest woman. The fate of his former Arabs has been seized due to numerous legal actions against him in Angola and Portugal. Angola’s Attorney General accused Dos Santos of embezzlement and money laundering. As if all was not enough for Isabel to cope with the loss of her husband Sindhika Dokolo, who allegedly died in a scuba diving accident in October 2020.
10 Richest People In Africa
Let’s look at the 10 richest people in Africa. Four hail from South Africa, three from Nigeria, two from Egypt, and one from Algeria.
# 10 Koos Bekker – $ 2 Billion
Country: South Africa
Koos Bekker founded the television company M-Net to go public on the Johannesburg Stock Exchange in 1990. After Bekker became CEO in 1997, the company was removed and consolidated under Naspers. Bekker has helped transform the company into a media powerhouse in which to invest. India, Russia and China.
# 9 Felorunsho Alkija – $ 2.5 billion
Folorunsho Alakija is Nigeria’s first female billionaire. She began her professional career as Executive Secretary in Lagos, Nigeria, as well as her own tailoring business. His company flourished, and he became the national president and trustee of the Fashion Designers Association of Nigeria. In the early 90s, he applied for a license to start prospecting for oil. It is learned that the plot of land given to him was sitting on more than a billion barrels of potential oil. He owns a 60% drilling undertaking off the coast of Nigeria. After the discovery of the Arab barrel, the Nigerian government attempted to withdraw the land grant. A 12-year legal battle ensued which reached the Supreme Court of Nigeria. Felorunsho was victorious and his patience was handsomely rewarded. As soon as the legal ruling came, Felorunsho immediately had to pay billions of dollars.
# 8. Patrice Motsepp – $ 2.7 billion
Country: South Africa
Patrice Motsepp is a South African mining magnate who owns African rainbow minerals. He was actually Africa’s first billionaire. He is also the first African to sign Bill Gates’ Giving Pledge. In 1999, Motsepe and his wife founded the Motsepp Foundation to help create new jobs, support education, and improve the lives of children, the unemployed, and the disabled.
# 7. Isbad Rebrab – $ 3.2 billion
Isad Rerab rose to the ranks of billionaires thanks to his food business, Kewetal. An accountant by training, he established the business in 1998. Prior to founding Cevital, he invested in his client’s metal company in 1971 and expanded into food after 27 years. Even though he lives in a country opposed to socialist policies for entrepreneurs, Isad Rerab has consistently led his company to success. His business became so successful that it made him Algeria’s first billionaire.
# 6. Mohammad Mansoor – $ 4 billion
Along with his two brothers, Yassen and Yusuf, Mohammad Mansoor has led the Mansoor group from promoting one business to another. After finishing his education in the United States, Mohammed moved back to Egypt, and soon, he expanded Mansoor’s portfolio by bringing in General Motors. He is both the founder and president of the Mansoor Automotive Company, as well as the chairman of Mantrak, an authorized distributor of Caterpillar. Caterpillar made Mansoor its sole distributor in six other African countries.
# 5. Mike Adenuga – $ 4.6 billion
Mike Adenuga made his huge fortune in mobile telecommunications and oil production. In 2006, he founded Globacom, the second largest mobile phone network in Nigeria. With over 24 million customers in Nigeria, the company also operates in the Republic of Benin, where it has recently obtained a license to start businesses in Ghana and Ivory Coast. What’s more, his Conil production is considered one of the largest independent exploration companies in Nigeria, with a production capacity of 100,000 barrels of oil per day.
# 4. Nassef Sawiris – $ 6.1 billion
Egypt’s richest man, billionaire Nassef Saviris, bought a 6% stake in Adidas in 2015, making him the largest investor in the company. According to a statement issued by Adidas, Niris Holding, the investment vehicle of Saviris, holds 4.3 percent of the company, while Saviris holds 1.7 percent of the company. Through investments in companies not generally publicly disclosed, Mr. Saviris required a declaration to exceed the limit of five percent in share ownership as a result.
# 3. Nikki Oppenheimer – $ 6.7 billion
Company: South Africa
Nikki Oppenheimer’s grandfather served as president of the De Beers Diamond Mining Company starting in the 1920s. Her father took over from her grandfather and then Nikki Oppenheimer became CEO. He saw the company through an economic downturn, and in 2010 the business grew by more than 50%. In addition to his work with De Beers, he also helms Green & Partners Investments, a venture capital firm that focuses on building business in South Africa. And the surrounding area. He also controls the preservation of a game. In 2011, he sold his family’s 40% stake in De Beers to Anglo American, a company his grandfather had started in 1917.
# 2. Alico Dangote: $ 7 billion
Alico is the owner of the Dangote Group named Dangote, which operates in the commodity sector. Dangote is based in Nigeria and also trade in other African countries including Benin, Cameroon, Ghana, South Africa, Togo and Zambia. He is the richest man in Africa. The Dangote Group employs over 11,000 people such as sugar refining, flour mills, food distribution and cement. In fact, The Dangote Group’s businesses account for one-quarter of all business on the Nigerian Stock Exchange.
# 1. Johan Rupert – $ 7.3 billion
Country: South Africa
Johann Rupert is the chairman of the Swiss luxury goods company Compagnie Finacare Richemont, which owns other brands such as Chloe, Cartier and Monteblanc. Rupert, originally from South Africa, founded Rickmont as a spinoff of Rembrandt Group Ltd., founded by his father in the 1940s.