He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. Le Roux previously ran a small regional bank in Cape Town called Boland Bank. The Dangote Group also dominates the sugar market in Nigeria and is a major supplier to the countrys soft drink companies, breweries, and confectioners. His company Globacom is Nigerias third largest telecom operator with over 40 million subscribers, with presence in Ghana and Benin. He is also chairman of Palm Hills Developments, a Mansour Group company, and one of Egypts largest real estate developers. Their fortunes faded in sync with equity values around the world, with the S&P All Africa index dropping more than 20% in the first nine months of 2022, before starting a late-year rally that left the index down just 3% over the past 12 months. * He stepped down as Steinhoff chairman in December 2017 after the company disclosed accounting irregularities. As of June 2023, he had an estimated net worth of US$ 14 billion. The 10 Richest black people in America in 2023 - Billionaires.Africa Please enter your username or email address to reset your password. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 39,000+ online stores and marketplaces. Abdulsamad is a Nigerian business owner who has accumulated $7.6 billion from his businesses and various investments. The second richest man in Africa is South Africas billionaire Johann Rupert. Our newsletter gives you access to a curated selection of the most important stories daily. Sudan $185.64 billion. (May 2020) Africas richest man founded and chairs Dangote Cement, the continents largest cement producer. Country: Egypt According to Forbes, as of 2023, he is the 9th richest black billionaire with a net worth of around $2 billion. Africa boasts the most successful and wealthiest people in the continent, who have made it onto the Top 18 Forbes list of the richest people in Africa in 2023. Top 18 Richest Men in Africa and Net Worth 2023 3:57 am. Age: 73. 2 after his pricey acquisition of Twitter helped sink Tesla, his multinational automotive and clean energy company. Country: Egypt He is the founder and CEO of the Dangote Group, a conglomerate that operates in several countries in Africa and is involved in industries such as cement, sugar, and flour. Country: Algeria * In 2016, he launched a private equity firm, African Rainbow Capital, focused on investing in Africa. Abdul Samad is the second richest billionaire in Nigeria and the third richest man in Africa. * Aliko Dangote, Africas richest person, founded and chairs Dangote Cement, the continents largest cement producer. Aliko Dangote GCON (Grand Commander of the Order of the Niger) is a Nigerian billionaire businessman, and the owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries. Africa'S Richest People 2023 Top 10 wealthiest people in Africa in 2023 according to Forbes, Forbes Wealthiest People in Africa 2023 Cover, Top 10 Wealthiest Individuals in Africa in 2023 according to Forbes. He founded the country's most preferred bank, Capitec, in 2001 and holds a stake of 11%. He made his first one million dollars when he was 26 years old by selling lace and soft drinks, and his source of income largely stems from his telecom and oil production businesses. As a result, today, we shall list the Forbes top . According to Forbes, Steward has an estimated net worth of over $6 billion and is considered one of the most successful and influential business leaders in the US. Nicky Oppenheimer, a South African who previously headed diamond mining giant DeBeers until selling it to mining firm Anglo American a decade ago, is ranked third, valued at an estimated $8.4 billion. Chief Magistrate Ogeh Elkanah of Rivers State family court has remanded the resident Pastor of Glorious Covenant Church, Pastor Piller Erekwa to Port Harcourt correctional centre for sexually abusing a 15-year-old girl in Emohua council of Rivers State. This South African billionaire is popularly known for transforming Naspers, the country's newspaper publishing company, into a cable television powerhouse and e-commerce investor. * Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. * Naguib Sawiris is a scion of Egypts wealthiest family. * Akhannouch was appointed prime minister of Morocco in Sept 2021. China (including Hong Kong and Macau) remains second, with 562 billionaires worth $2 trillion, followed by India, with 169 billionaires worth $675 billion. South Africa: richest men 2023 He is the chairman of Weather Investmentss parent company, and Orascom Telecom Media and Technology Holding S.A.E which has stakes in a major asset manager in Egypt and an Italian internet company, among others. Hes chairman of Palm Hills Developments, one of Egypts biggest real estate developers. * He made his first million at age 26 selling lace and distributing soft drinks. Forbes used stock prices and currency exchange rates from January 13, 2023 to measure the net worths. The richest man in Africa and recipient of several honors is Aliko Dangote. The richest man in Africa is also the richest Black man in the world. Listed among world's top 200 richest persons For the 12th year consecutively, Aliko Dangote, President of the pan-African conglomerate, the Dangote Group, has emerged the richest man in Africa . Top 10 Black Billionaires: Richest Black People in the World (2023 Aliko Dangote (Nigeria) Net worth: $11.3 billion. Abdulsamad Rabiu #5. In 1998, Strive Masiyiwa launched his network-providing company, Econet Wireless Zimbabwe, in his home country. 1 to No. The time-tested magazine, which first edition was published in February 1930, said the worlds greatest men and women are transforming the world and inspiring others to do so in business, government, philanthropy and the arts. He is also the chairman of Aston Villa F.C. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an ecommerce investor & cable TV powerhouse. Top 10 Richest Man in Africa 2023 [Ranked with Networth] Country: South Africa Nigeria's 3rd richest man Mike Adenuga has lost almost half of his The Egyptian business mogul is worth $1.5 billion. Net Worth: $3.6 Billion Chinedu Okafor February 14, 2023 10:55 AM Forbes Wealthiest People in Africa 2023 Cover Business Insider Africa presents Top 10 wealthiest people in Africa and their net worth in. The only two female billionaires from Africa have both fallen off the list. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Source of Wealth: cement, sugar The richest man in East Africa 2023. Top 10 Richest Men In Kenya 2023 [Wealthiest!] - Owogram Kenya $276.22 billion. * Heinauguratedin2014a$500 million plan to build the 55-story Mohammed VI Tower in Rabat. Net worth: $5.6 billionRank in 2022: 6Net worth in 2022: $6.7 billion Origin of wealth: Telecom and Oil Self-madeAge: 69Country: NigeriaResidence: Lagos. He is also the founder of African Rainbow Capital, an investment firm that acquires stakes in financial services companies. For the 12th year consecutively, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group, has emerged the richest man in Africa . In June 2023, Forbes estimated his wealth at $3.3 billion. * His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires. The second richest man in Africa is South Africa's billionaire Johann Rupert. * In 2015, South Africa-based furniture retailer Steinhoff International spent $5.7 billion in cash and stock to acquire Pepkor. The Africa's richest man founded and chairs Dangote Cement, the continent's largest cement producer. Issad Rebrab is an Algerian billionaire businessman and the CEO of the Cevital industrial group, the largest private company in Algeria, active in steel, food, agribusiness and electronics. Aliko Dangote, $14 billion (Nigeria) Aliko Dangote is a Nigerian businessman and philanthropist who according to Forbes is the richest black person in the world. * Adenuga, Nigerias third richest man, built his fortune in telecom and oil production. * Hismobilephonenetwork,Globacom, is the third largest operator in Nigeria, with 55 million subscribers. Top 20 Richest Men in Africa 2023: Their Age, Business and Net Worth Directly accessible data for 170 industries from 150+ countries Country: Nigeria. Source of Wealth: Private Equity. However, he was given esteemed roles when he became experienced and he is worth $8.4 billion. * Youssef Mansour is chairman of family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d. 1976) in 1952. Currently, you are using a shared account. * Dewji, Tanzanias only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. Net Worth: $1 Billion However, the company has diversified to venture into telecommunications, hotels, real estate and tourism. * Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. The Forbes Billionaires List: Africa's Richest People 2022 * He led Naspers to pay a reported $34 million for a third of Chinese Internet firm Tencent Holdings in 2001 perhaps the greatest venture investment ever. Cevital also owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. For the 12th year consecutively, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group, has emerged the richest man in Africa, despite economic headwinds that affected the fortunes of half of the worlds reported billionaires. His most extraordinary investment venture has been leading his company to reportedly pay $34 million for a third of China's Internet firm, Tencent. * HisfatherwasashareholderinRMA, a Moroccan insurance company; Benjelloun built it into a leading insurer. Sign up for our newsletter today and start exploring the vibrant world of African history and culture! Source of Wealth: construction, chemicals * MeTL operates in at least six African countries and has ambitions to expand to several more. Dangote is the richest man in Africa as of January 2023 with a net worth of $12 billion. The article states that many people desire to visit the biggest mall in South Africa for shopping and other recreational activities. Ranked: Who Are the Richest People in Africa? Mohammed Dewji is a Tanzanian billionaire businessman and former politician. Stephen Saad is one of the richest people in the country, with a net worth of $1.9 billion generated from his leading pharmaceutical . Nicky joined his family mining business, Anglo American, when he was 23 years old as a personal assistant to his father. Forbes estimates his net worth at $1.5 billion as of June 2023. THE CONTINENTS 19 BILLIONAIRES ARE WORTH AN ESTIMATED $81.8 BILLION DOWN FROM THE $84.9 BILLION THAT 18 AFRICAN BILLIONAIRES HAD 12 MONTHS AGO. Potanin . Some list members grow richer or poorer within weeks or days of our measurement date. March 6, 2023. 1. Motsepe is the owner of Mamelodi Sundowns F.C. * Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. Mohamed is an Egyptian businessman and former politician who oversees a family conglomerate, Mansour Group. According to 2022 estimates he has a total of 9.4 billion USD. Age: 61. Youssou N'Dour - Net Worth Of $145 Million. Net worth: $4.6 billionRank in 2022: 7Net worth in 2022: $5.1 billion Origin of wealth: Food Self-madeAge: 79Country: AlgeriaResidence: Algiers. READ ALSO: Top 15 biggest malls in South Africa you should visit in 2023. As determined by Forbes, Johann's net worth for 2023 is $10.8 billion. 2 spot with $10.7 billion, down from $11 billion in 2022 as shares of his Compagnie Financiere Richemont maker of Cartier watches and Montblanc pens clawed back much but not all of last years decline. The years biggest gainer is Nigerian cement tycoon, Abdulsamad Rabiu. Country: Morocco His Dangote Petroleum Refinery, touted to be the worlds largest single-train refinery, was recently commissioned and is expected to process 650,000 bpd of petroleum for domestic consumption and export; in what experts have described as a game changer in the oil and gas sector. Their hard work and business knowledge have been the reason they have been recognised by Forbes.
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