Top 10 billionaires in Africa in 2024
Like many regions globally, Africa is home to some of the world's wealthiest individuals, whose fortunes span various industries from cement and telecommunications to luxury goods and mining.
According to Forbes' 2024 list, here are the top 10 billionaires in Africa:
Aliko Dangote
Country: Nigeria
Networth: $13.9 billion
Aliko Dangote retains his position as Africa's richest person for the 13th consecutive year. His wealth primarily comes from Dangote Cement, the continent's largest cement producer.
Johann Rupert
Country: South Africa
Networth: $10.1 billion
Rupert's fortune is derived from his stakes in luxury goods company Richemont, known for brands like Cartier and Montblanc.
Nicky Oppenheimer
Country: South Africa
Networth: $9.4 billion
The Oppenheimer family made their fortune in the diamond industry, primarily through De Beers, which they sold to Anglo American in 2012.
Nassef Sawiris
Country: Egypt
Networth: $8.7 billion
Sawiris is a major shareholder in OCI N.V., a global nitrogen fertilizer producer, and also holds stakes in Adidas and LafargeHolcim.
Mike Adenuga
Country: Nigeria
Networth: $6.9 billion
Mike Adenuga's fortune is built on his telecommunications company Globacom and his oil exploration firm Conoil.
Abdulsamad Rabiu
Country: Nigeria
Networth: $5.9 billion
Rabiu is the founder and chairman of BUA Group, a Nigerian conglomerate with interests in cement production, sugar refining, and real estate. He also serves as the chairman of the Nigerian Bank of Industry.
Naguib Sawiris
Country: Egypt
Networth: $3.8 billion
Naguib Sawiris, brother of Nassef, has investments in telecommunications, media, and technology.
Mohamed Mansour
Country: Egypt
Networth: $3.2 billion
Mohamed Mansour oversees the Mansour Group, which has diverse interests including automotive, capital markets, and consumer goods.
Koos Bekker
Country: South Africa
Networth: $2.7 billion
Bekker is the chairman of Naspers, a global consumer internet group and one of the largest technology investors in the world.
Patrice Motsepe
Country: South Africa
Networth: $2.7 billion
Motsepe is the founder and chairman of African Rainbow Minerals, a mining company with interests in gold, ferrous metals, base metals, and platinum.