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African Billionaires:Top 18 Richest People In Africa, 2021

Aliko Dangote

By Sophie Ireland |CEOWORLD MAGAZINE

The 18 richest people in Africa have a combined net worth of over $73.9 billion, with Aliko Dangote topping the list with a net worth of $12.6 billion. Of Africa’s 54 countries, only seven nations have billionaires. No women feature on the list this year.

Aliko Dangote of Nigeria is the richest person in Africa. The self-made 63-year-old cement tycoon founded and chairs Dangote Cement, the African continent’s largest cement producer. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two, and one each from Algeria, Tanzania, and Zimbabwe. Africa’s youngest billionaire, Mohammed Dewji of Tanzania and CEO of MeTL, is at $1.6 billion.

Richest People In Africa, 2021

Rank Name Net Worth Country Source of Wealth Country
1 Aliko Dangote $12.6 B Nigeria Dangote Cement (85% stake) Nigeria
2 Nassef Sawiris $8.3 B Egypt Adidas (6% stake), Madison Square Garden Sports (5% stake), OCI NV, Orascom Construction, Lafarge Holcim Egypt
3 Nicky Oppenheimer $7.9 B South Africa DeBeers, Fireblade Aviation South Africa
4 Johann Rupert $7.1 B South Africa Financiere Richemont (Cartier and Montblanc), Remgro (7% stake), Reinet (25% stake) South Africa
5 Mike Adenuga $6.3 B Nigeria Globacom, Conoil Producing Nigeria
6 Abdulsamad Rabiu $5.4 B Nigeria BUA Group, BUA Cement Plc Nigeria
7 Issad Rebrab $4.8 B Algeria Cevital, Groupe Brandt Algeria
8 Naguib Sawiris $3.2 B Egypt Orascom Telecom, Orascom TMT Investments, Euronews Egypt
9 Patrice Motsepe $2.9 B South Africa Rainbow Minerals, African Rainbow Capital, Sanlam South Africa
10 Koos Bekker $3 B South Africa Chairman of media group Naspers South Africa
11 Mohamed Mansour $2.5 B Egypt Mansour Group Egypt
12 Aziz Akhannouch $2 B Morocco Akwa Group, Afriquia Gaz and Maghreb Oxygene Morocco
13 Mohammed Dewji $1.6 B Tanzania CEO of METL Tanzania
14 Youssef Mansour $1.5 B Egypt Mansour Group Egypt
15 Othman Benjelloun $1.3 B Morocco CEO of BMCE Bank of Africa, FinanceCom Morocco
16 Michiel Le Roux $1.2 B South Africa Capitec Bank (11% stake) South Africa
17 Strive Masiyiwa $1.2 B Zimbabwe Econet Wireless Zimbabwe (50% stake), Liquid Telecom Zimbabwe
18 Yasseen Mansour $1.1 B Egypt Mansour Group Egypt
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