1. Aliko Dangote
Worth $25 billion, Aliko Dangote of Nigeria, has been Africa’s richest man for four years now. He made his fortune producing cement, milling flour and refining sugar and food beverages and is $9 billion richer than last year, according to Forbes.
2. Johann Rupert & Family
Forbes ranks the luxury good tycoon from South Africa as its number two richest man on the continent, worth $7.6 billion. He owns the Swiss-based luxury goods outfit Compagnie Financiere Richemont, which you might not have heard of, but its top end brands Cartier, Van Cleef & Arpels and Montblanc among others, are household luxury names.
3. Nicky Oppenheimer & Family
The descendants of South Africa’s original diamond barrens, the Oppenheimers, are worth $6.7 billion. A number that was buoyed when they sold their 40% stake in the family diamond business, De Beers, in July 2012, in a $5.1 billion all-cash deal to Anglo American. Although no longer majority shareholders in the diamond business, the Oppenheimer family still makes a profit through investments with private equity firm Tana Africa Capital, Forbes reports.
4. Nassef Sawiris
Tied with the Oppenheimer family when it comes to net worth, with $6.7 billion to play with, is Nassef Sawiris. He is the CEO of Egypt’s most valuable publicly-traded company, Orascom Construction Industries, according to Forbes.
5. Mike Adenuga
The founder of Nigeria’s second largest mobile phone network, Globacom, is notoriously reclusive, Forbes reports , hardly ever granting press interviews and always traveling with plenty of bodyguards. He is worth $4.6 billion with a portion of his wealth also derived from oil profits – he has the rights to some of Nigeria’s lucrative oil fields that his other company, Conoil Producing, mines.
6. Isabel Dos Santos
Worth $3.7 billion, Isabel dos Santos of Angola is Africa’s richest woman and one of only two female billionaires on the continent — and the only woman to make Africa’s Top 10 wealthiest. The oldest daughter of Angola’s president Eduardo dos Santos, she owns large stakes in a number of blue-chip companies in Angola and Portugal including Angolan cell phone company Unitel. It is purported, however, that many of Isabel’s assets are actually held by her in trust for her father.
7. Issad Rebrab
Algeria’s richest man, Issad Rebrab, is worth $3.2 billion thanks in a large part to his stake in his family’s business conglomerate Cevital, which has interests in auto distribution, mining, agriculture and sugar refining among others and is Algeria’s largest family-owned business group, employing some 12,000 people including all five of Rebrab’s children, Forbes reports.
8. Christoffel Wiese
Also clocking in at $3.2 billion, the South African retail mogul owns a chain of low-price supermarkets, Shoprite, located across multiple African countries. Christoffel Wiese also has assets in discount fashion brands, a five star hotel and a private equity firm, according to Forbes.
9. Nathan Kirsh
Worth $3.1 billion, Nathan Kirsh is the only Swazi national on Forbes’ Top 10 list. He is the founder of Jetro Holdings, a cash-and-carry wholesaler for grocery stores, but made his first millions after founding a corn-milling business in Swaziland in 1958, Forbes reports.
10. Mohamed Mansour
Mohamed Mansour of Egypt owns of the world’s largest GM dealership along with his two brothers, Yasseen and Youssef (also on the billionaires list, but slightly lower down), and is worth $3.1 billion, Forbes reports.
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