In the realm of African business magnates, 10 richest people in Africa wield power and wealth and their influence pivot successes in Africa’s business ambience, Aliko Dangote among other richest tycoons dominate the game.
There exists a profound obligation for the continent’s billionaires to not only foster the growth of their enterprises for personal gain but also to contribute significantly to the economic prosperity of their respective regions.
Taking note of which billionaires embark on the new year with commendable initiatives adds a layer of intrigue. The trajectory of these influential figures becomes a compelling reference point as the year unfolds, shedding light on the dynamics shaping the African business landscape in 2024.
This article unveils the prominent figures who stand at the pinnacle of Africa’s billionaire elite as the calendar turns to a new year. The insights presented herein draw from the esteemed Forbes Daily billionaires ranking platform, a reliable source meticulously tracking the day-to-day fluctuations in the net worth of the world’s most affluent individuals.
As we delve into the details, it is important to highlight that the numerical representations below encapsulate the net worth of these distinguished entrants precisely as of the 1st of January 2024. This curated list not only serves as a snapshot of the financial standings of Africa’s wealthiest but also paints a vivid picture of the economic landscape they navigate as stewards of substantial enterprises.
LIST OF TOP 10 RICHEST MEN IN AFRICA
Rank | Name | Net worth | Country | Industry | Global rank |
1. | Johann Rupert & Family | $10.3 billion | South Africa | Luxury goods | 192nd |
2. | Aliko Dangote | $9.5 billion | Nigeria | Cement, Sugar | 228th |
3. | Nicky Oppenheimer & Family | $8.3 billion | South Africa | Diamonds | 283rd |
4. | Nassef Sawiris | $7.4 billion | Egypt | Construction and investments | 345th |
5. | Abdulsamad Rabiu | $5.9 billion | Nigeria | Cement, Sugar | 489th |
6. | Nathan Kirsh | $5.8 billion | Eswatini (Swaziland) | Retail, real estate | 497th |
7. | Issad Rebrab & Family | $4.6 billion | Algeria | Food | 647th |
8. | Mohamed Mansour | $3.6 billion | Egypt | Diversified | 854th |
9. | Naguib Sawiris | $3.3 billion | Egypt | Telecom | 927th |
10. | Mike Adenuga | $3.1 billion | Nigeria | Telecom, oil | 1031st |