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Top 10 Richest People in Africa

1. Aliko Dangote

Aliko is a Nigerian business magnate, investor, and owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries. Dangote is ranked by Forbes magazine as the 100th-richest person in the world and the richest in Africa. Dangote is looking beyond cement – his most valuable asset – and has been investing in a fertilizer production company and a large oil refinery. Dangote Fertilizer is expected to start operations in the second quarter this year.

Real time net worth: $12.8 Billion = 159 Billion ZAR

Dangote Group is one of Nigeria’s most diversified business man with a hard-earned reputation for excellent business practices and products’ quality with its headquarters in the bustling metropolis of Lagos, Nigeria.

2. Nicholas F. Oppenheimer & Family

Nicky is a South African billionaire businessman and philanthropist. He is the former chairman of De Beers diamond mining company and of its subsidiary, the Diamond Trading Company, and former deputy chairman of Anglo American.

Real time net worth: $7.7 Billion = 97 Billion ZAR

Oppenheimer joined the Anglo American Corporation in 1968, and was appointed a director in 1974. He became deputy chairman in 1983. He resigned in 2001 but remained a non-executive director till 2011. Oppenheimer was appointed deputy chairman of the then Central Selling Organisation (now Diamond Trading Company) in 1984.

3. Johann Peter Rupert

Johan Rupert is also a South African-born entrepreneur, who is the eldest son of business tycoon Anton Rupert and his wife Huberte. He is the chairman of the Swiss-based luxury-goods company Richemont as well as of the South Africa-based company Remgro.

Real time net worth: $7 Billion = 87 Billion ZAR

Rupert served his business apprenticeship in New York City, where he worked for Chase Manhattan for two years and for Lazard Freres for three years. He thereafter returned to South Africa in 1979 and founded Rand Merchant Bank where  he was CEO.

4. Nassef Sawiris

Nassef Sawiris is an Egyptian billionaire businessman, the youngest of Onsi Sawiris’ three sons; his brothers are Naguib and Samih. Nassef Sawiris is from Egypt’s wealthiest family.

Real time net worth: $6.9 Billion = 86 Billion ZAR

He runs OCI, one of the world’s largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange. OC’s Construction Group ranks among the world’s top global contractors and undertakes large industrial, infrastructure and select commercial projects for public and private customers principally in Europe, the Middle East and North Africa.

5. Mike Adenuga

Mike Adenuga is another Nigerian billionaire businessman and the second-richest person in Nigeria. He has a company Globacom which is Nigeria’s second-largest telecom operator, and is also found in Ghana and Benin. He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Know as Consolidated Oil Company).

Real time net worth: $4.8 Billion = 60 Billion ZAR

Globacom Limited is a Nigerian multinational telecommunications company headquartered in Lagos. GLO is a privately owned telecommunications carrier that started operations on 29 August 2003. It currently operates in four countries in West Africa, namely Nigeria, Republic of Benin, Ghana and Côte d’Ivoire.

6. Naguib Sawiris

Naguib Sawiris is another Coptic-Egyptian billionaire businessman. Sawiris is chairman of Weather Investments’s parent company, and chairman of Orascom Telecom Media and Technology Holding S.A.E.

Real time net worth: $4.1 Billion = 51 Billion ZAR

As the founder of OTH, Sawiris has led the growth of the company, culminating in the merger deal between Wind Telecom, the parent company of Orascom Telecom Holding and VimpelCom Ltd. in April 2011. At the time, the merger created the world’s sixth largest mobile telecommunications provider by number of subscribers with operations in 20 countries serving 181 million customers.

7. Issad Rebrab & family

Issad Rebrab is an Algerian billionaire businessman, born onv27 May 1944. He is CEO of the CEVITAL industrial group, the largest private company in Algeria; active in steel, food, agribusiness and electronics.

Real time net worth: $3.9 Billion = 48.8 Billion ZAR

Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. With 18,000 employees spread over 3 continents, it represents the flagship of the Algerian economy and works continuously to create jobs and wealth.

8. Koos Bekker – Born 14 December 1952

Koos Bekker is chairman of leading emerging markets media group Naspers. Founded in 1915, Naspers is a global internet and entertainment group and one of the largest technology investors in the world.

Real time net worth: $2.6 Billion = 32.5 Billion ZAR

Operating in more than 120 countries and markets with long-term growth potential, Naspers builds leading companies that empower people and enrich communities. During his tenure as CEO, which began in 1997, Bekker oversaw a rise in the market capitalization of Naspers from about $600 million to $45 billion. During that time, he drew no salary, bonus, or benefits and was compensated via stock option grants over time.

9. Mohamed Mansour

Mohamed Mansour is an Egyptian businessman, former politician and is the chairman of Mansour Group, a US$6 billion conglomerate that is the second largest company in Egypt by revenue.

Real time net worth: $2.7 Billion = 33.8 Billion ZAR

The Mansour Group is a global, family-owned conglomerate with 60,000 employees, a presence in 110 countries and total revenues exceeding $6 billion. They are long-term partners with multinational companies including General Motors, Caterpillar, McDonalds and UPS among others.

10. Isabel dos Santos

Isabel dos Santos is an Angolan businesswoman, Africa’s richest woman and the eldest child of Angola’s former President José Eduardo dos Santos, who ruled the country from 1979 to 2017. In 2013, according to research by Forbes, her net worth had reached more than three billion US dollars, making her Africa’s first billionaire woman.

Real time net worth: $2.4 Billion = 30 Billion ZAR

Isabel dos Santos acquired her wealth by taking stakes in companies doing business in Angola, suggesting that her wealth comes almost entirely from her family’s power and connections. In November 2015, the BBC named Isabel dos Santos as one of the 100 most influential women in the world and now the 10th richest In African.

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