(MENAFN- The Rio Times) Africa, a continent of 54 countries, hosts a handful of billionaires whose influence spans global markets.
These individuals have amassed wealth through diverse industries like cement, luxury goods, diamonds, and telecommunications.
The wealthiest Africans all hail from the continent's three largest economies: South Africa, Nigeria, and Egypt.
Their combined wealth totals $81.5 billion. Here are Africa's top ten wealthiest individuals.
1. Aliko Dangote
Net Worth : $13.4 billion
Country: Nigeria
Source of Wealth: Dangote Cement, Africa's largest cement producer
Aliko Dangote leads with $13.4 billion. He controls Dangote Cement , shaping Nigeria's infrastructure and economy.
2. Johann Rupert & Family
Net Worth: $11.4 billion
Country: South Africa
Source of Wealth: Compagnie Financiere Richemont, luxury brands like Cartier and Montblanc
Johann Rupert, with $11.4 billion, heads a luxury empire. His brands cater to the elite worldwide.
3. Nicky Oppenheimer & Family
Net Worth: $9.5 billion
Country: South Africa
Source of Wealth: De Beers diamond fortune
Nicky Oppenheimer inherited De Beer and sold a major stake for $5.1 billion. His wealth symbolizes diamond industry dominance.
4. Nassef Sawiris
Net Worth: $8.9 billion
Country: Egypt
Source of Wealth: Investments in Madison Square Garden and OCI, the world's largest nitrogen fertilizer producer
Nassef Sawiris invests in high-profile assets, representing Egypt's wealthiest family. His ventures span sports and agriculture.
5. Mike Adenuga
Net Worth: $6.7 billion
Country: Nigeria
Source of Wealth: Globacom, Conoil Producing
Mike Adenuga owns Globacom, with 60 million subscribers, and Conoil Producing, an oil company. His ventures highlight Nigeria's economic potential.
6. Abdulsamad Rabiu
Net Worth: $5.9 billion
Country: Nigeria
Source of Wealth: BUA Group, cement production, sugar refining, real estate
Abdulsamad Rabiu founded BUA Group, influencing Nigeria's industrial and economic sectors through cement and sugar.
7. Naguib Sawiris
Net Worth: $3.8 billion
Country: Egypt
Source of Wealth: Orascom TMT Investments, asset management, and internet companies
Naguib Sawiris manages investments in various sectors, maintaining his status within Egypt's wealthiest family.
8. Mohamed Mansour
Net Worth: $3.3 billion
Country: Egypt
Source of Wealth: Mansour Group, GM dealerships
Mohamed Mansour oversees a conglomerate employing 60,000 people. He established GM dealerships in Egypt, achieving global recognition.
9. Patrice Motsepe
Net Worth: $3.1 billion
Country: South Africa
Source of Wealth: African Rainbow Minerals
Patrice Motsepe founded African Rainbow Minerals. He was the first black African billionaire on Forbes' list.
10. Koos Bekker
Net Worth: $2.8 billion
Country: South Africa
Source of Wealth: Naspers, e-commerce, and cable TV
Koos Bekker transformed Naspers into a global e-commerce and cable TV powerhouse, expanding its influence globally.
Global Wealth Context
Carlos Slim Helú leads Latin America with $92.3 billion from Grupo Carso.
In Asia, Mukesh Ambani has $123.3 billion from Reliance Industries. Europe's Bernard Arnault tops the list with $196.2 billion from LVMH.
These billionaires shape industries and economies across continents. Their ventures impact millions, driving economic growth and innovation.
Understanding their wealth provides insight into global economic trends and the forces shaping our world.
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