Top 10 Richest Men in Africa & Their Worth (2018)

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Being among the top 10 richest men in Africa, has to do with hardworking. Most of the men have been on the list for several years.

They are all from different family background, educational background and their sources of wealth also vary from each other.

Despite them being wealthy, they have been able to create job employment for people in their country.

All the richest men in Africa when their network are being combined together will to $55.4 Billion.

Let’s take a look at the Top 10 Richest Men in Africa.

Aliko Dangote – $12.2 Billion

top 10 richest men in AfricaAliko Dangote is 61 years old man who resides in Lagos, Nigeria.

He’s married with three children.

He has a degree from Al-Azhar University.

On Forbes list, he is the 66th powerful Personality in the world, 100 Billionaires in the world and Africa’s number one richest man.

He is the founder of Dangote Sugar, Flour and Cement.

These are where he got most of his wealth and he happens to be the largest Cement producer in Africa.

He owns virtually 88% of publicly-traded Dangote Cement through a holding firm.

His cement company produces nearly 44 million metric tons every year and they are making plans to increase their output to 33% by 2020.

Nicky Oppenheimer & Family – $7.7 Billion

richest men in Africa 2018Nicky Oppenheimer is 72 years old and he resides in Johannesburg, South Africa.

He’s married with one child.

He has a Bachelor of Art degree and also a Masters degree from Oxford University Christ Church.

On Forbes list, he is the 202 Billionaires in the world and Africa’s number two richest men.

He got his wealth from inheriting the heir to his family’s fortune and also sold his 40% stake in diamond to a mining group for $5.1 billion in cash in 2012.

He also at some point became the Chief Executive Officer to run their diamond company.

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For 85 years until the year 2012, his family had taken a major spot in the world’s diamond trade.

Johann Rupert – $7.2 Billion

richest men in AfricaJohann Rupert is 67 years old and he resides in Cape Town, South Africa.

He’s married with three children.



On Forbes list, he is the 228 Billionaires in the world and Africa’s number three richest men.

He got his wealth from luxury goods.

He is the director of Swiss luxury goods firm known as Compagnie Financiere Richemont.

They are known for their major brands such as Montblanc and Cartier.

He owns a 7% stake in diversified investment firm called Remgro.

He also holds 25% of Reinet, which is an investment firm based in Luxembourg.

Nassef Sawiris – $6.8 Billion

top 10 richest men in AfricaNassef Sawiris is 57 years old and he resides in Cairo, Egypt.

He’s married with four children.

He holds a degree from the University of Chicago.

On Forbes list, he is the 251 Billionaires in the world and Africa’s number four richest men.

He got his wealth from construction and chemicals.

His father known as Onsi and his brother Naguib are also billionaires.

Sawiris divided Orascom Construction firm into two in the year 2015.

He is in charge of OCI, one of the world’s leading nitrogen fertilizer producers, with several plants in Texas and Iowa.

Mike Adenuga – $5.3 Billion

men in AfricaMike Adenuga is 65 years old and he resides in Lagos, Nigeria.

He’s married with seven children.

He holds a degree from Pace University, New York.

On Forbes list, he is the 365 Billionaires in the world and Africa’s number five  richest men.

He is the second richest man that is coming from Nigeria.

He got his wealth from telecom and production of crude oil.

Globacom which happens to be a mobile phone network owned by him is the second biggest operator in Nigeria, with over 37 million subscribers.

He also has 6 oil blocks in the Niger Delta.

He was a taxi driver when he was a student.

Mike Adenuga made his first million marketing lace and distributing soft drinks at the age of 26.

Issad Rebrab – $4 Billion

top 10 richest menIssad Rebrab is 74 years old man from Algiers, Algeria.

He’s married with 5 children.

On Forbes list, he is the 550 Billionaires in the world and Africa’s number six richest men.

He derived his wealth from food and he is also the founder of Cevital.

This is the biggest sugar refinery in the world in which they can produce two million tons of sugar in a year.

They are also making plans to erect a steel mill in Brazil that will produce train tracks in order to enhance transportation logistics for the exportation of corn, sugar and flour exports.

Naguib Sawiris – $4 Billion

Naguib Sawiris is 63 years old man who resides in Cairo, Egypt.

He’s married with four children. He graduated from Swiss Federal Polytechnic Institute.

On Forbes list, he is the 550 Billionaires in the world and Africa’s number seven richest men.

His from a billionaire family and got his fortune from Telecom.

Sawiris sold Orascom Telecommunication to Russian telecom company VimpelCom which amounted to multi-billion dollar.

Sawiris bought virtually 20% stake from a gold mine in Australia.

Koos Bekker – $2.8 Billion

top 10 richest men in Africa and their worthKoos Bekker is 65 years old from Cape Town, South Africa.

He’s married with two children.

He studied Law from the University of Witwatersand and also has MBA from Columbia Business School.

On Forbes list, he is the 924 Billionaires and Africa’s number eight richest men.

He acquired his wealth from media and other personal investment.

Koos witness a rise in market capitalization when he was the CEO of Naspers from about $600 million to $45 billion.

Mohammed Mansour – $2.7 Billion

Mohamed Mansour is 70 years old man from Cairo, Egypt.

He’s married with two children.



He has MBA degree from Auburn University.

On Forbes list, he is the 887 Billionaires and Africa’s number ten richest men.

He founded General Motors dealerships in Egypt and also became one of the General Managers of the largest distributors in the world.

Patrice Motsepe – $2.4 Billion

Patrice Motsepe is a 56 years old billionaire from Pretoria, South Africa.

He’s married with three children.

He graduated with a Bachelors of Arts degree from the University of Swaziland and also obtained a law degree from the University of Witwatersrand.

On Forbes’s list, he is the 1,020 Billionaires.

He is a mining magnate and also the owner of Mamelodi Sundowns Football Club.

Below is list of the top 10 richest men in Africa & their worth (2018)

  • Aliko Dangote
  • Nicky Oppenheimer & Family
  • Johann Rupert
  • Nassef Sawiris
  • Mike Adenuga
  • Issad Rebrab
  • Naguib Sawiris
  • Koos Bekker
  • Mohammed Mansour
  • Patrice Motsepe

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