Listing the most wealthy African Billionaires in 2025

Top 50 Richest men and women in Africa

About the top 10 richest people in Africa

Africa is home to a number of economic leaders who have achieved remarkable success in various industries, including mining, telecommunications, and retail. These top 10 individuals are not only shaping the continent's economy but also making a global impact through their entrepreneurial ventures.

1. Johann Rupert - $14.5 Billion

Johann Rupert, a South African entrepreneur, is the chairman of Richemont, a luxury goods company that owns prestigious brands like Cartier and Montblanc. At 73 years old, he has been a key figure in the global luxury industry, growing Richemont into one of the world’s largest luxury conglomerates.

Rupert also has significant investments in South African businesses, including Remgro and Reinet Investments. Known for his keen business acumen, he continues to focus on expanding his luxury portfolio while supporting conservation and philanthropic causes.

2. Aliko Dangote - $13.9 Billion

Aliko Dangote, a Nigerian industrialist, is the founder and chairman of Dangote Group, a multinational conglomerate with interests in cement, sugar, and salt production. At 67 years old, Dangote has built one of Africa’s most recognized business empires and remains a dominant figure in the manufacturing sector.

Dangote is widely celebrated for his vision of industrializing Africa and reducing reliance on imports. His ongoing investments in oil refineries and fertilizer production aim to boost Nigeria’s self-sufficiency and create jobs across the continent.

3. Nicky Oppenheimer - $11.5 Billion

Nicky Oppenheimer, a South African businessman, made his fortune through his family's diamond business, De Beers, where he served as chairman until its sale to Anglo American in 2012. Now in his late 70s, Oppenheimer has shifted his focus to philanthropy and wildlife conservation.

He manages the Oppenheimer Generations group, which invests in initiatives that promote sustainable development and entrepreneurship. His love for conservation is evident in his work with nature reserves and environmental projects.

4. Nassef Sawiris - $9.6 Billion

Nassef Sawiris, an Egyptian billionaire, is the youngest son of the prominent Sawiris family and leads OCI, a global producer of nitrogen fertilizers. In his early 60s, he also holds significant shares in Adidas and other multinational corporations.

Sawiris has played a crucial role in expanding his family’s business empire, turning OCI into a leader in the agricultural sector. His strategic investments reflect a commitment to diversifying his portfolio while contributing to Egypt’s economic growth.

5. Naguib Sawiris - $7.55 Billion

Naguib Sawiris, an Egyptian entrepreneur, is a pioneer in the telecommunications industry, having founded Orascom Telecom, which was later sold to VEON. At 69 years old, he is also a prominent investor in media and real estate.

Beyond business, Sawiris is a strong advocate for political reform and social justice in Egypt. His philanthropic efforts focus on education, healthcare, and supporting young entrepreneurs across the Middle East and Africa.

6. Mike Adenuga - $6.9 Billion

Mike Adenuga, a Nigerian billionaire, built his wealth through telecommunications with Globacom, one of Africa’s largest telecom operators, and oil production with Conoil. Now in his early 70s, Adenuga is considered one of Africa’s most influential business figures.

Adenuga’s entrepreneurial journey is marked by resilience and innovation, as he expanded his businesses despite numerous challenges. His success story serves as an inspiration for aspiring entrepreneurs across the continent.

7. Abdul Samad Rabiu - $5.9 Billion

Abdul Samad Rabiu, a Nigerian industrialist, is the founder of BUA Group, which operates in cement manufacturing, sugar refining, and real estate. At 64 years old, he has played a pivotal role in Nigeria’s industrial development.

Rabiu’s focus on infrastructure and sustainable growth has helped BUA Group become a key player in Africa’s economy. His investments aim to foster regional development and create jobs for millions.

8. Mohamed Mansour - $3.3 Billion

Mohamed Mansour, an Egyptian businessman, leads the Mansour Group, one of the largest family-owned conglomerates in the Middle East and Africa. Now in his 70s, he oversees ventures in automotive distribution, consumer goods, and technology.

Under Mansour’s leadership, the group has expanded internationally, partnering with global brands like General Motors. He is also a philanthropist, supporting educational and healthcare initiatives in Egypt.

9. Patrice Motsepe - $3.2 Billion

Patrice Motsepe, a South African mining magnate, is the founder of African Rainbow Minerals, a company specializing in mining precious metals. At 62 years old, Motsepe is also the first Black African to sign the Giving Pledge, committing to donate much of his wealth to charitable causes.

Motsepe’s business success is matched by his dedication to social responsibility, as he supports initiatives in education, healthcare, and sports development across Africa. He is also a prominent figure in African football administration.

10. Koos Bekker - $3.2 Billion

Koos Bekker, a South African media mogul, transformed Naspers into a global technology powerhouse with investments in companies like Tencent. Now in his early 70s, Bekker is known for his strategic vision and innovative leadership.

Bekker’s achievements include turning Naspers into one of the most valuable companies in Africa. He remains active in the tech world, focusing on investments that drive digital transformation and connectivity.