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Top 10 Richest People In Africa 2017
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When we talk about wealth people sometimes Africans are over looked.
Here we look at the Top 10 Richest People in Africa
10) Issad Rebrab & family – Net Worth: $3.1 Billion
Issad Rebrab (born 1944), is an Algerian billionaire businessman, CEO of the CEVITAL industrial group, the largest private company in Algeria, active in steel, food, agribusiness and electronics.
He is Algeria’s richest person.
9) Isabel dos Santos – Net Worth: $3.3 Billion (Angolan)
Africa’s richest woman, Isabel dos Santos is working to expand her stable of investments. She is the oldest daughter of Angola’s longtime president Jose Eduardo dos Santos, who has ruled the country since 1979.
When walking around Luanda, the capital of Angola, it is hard not to bump into at least one of Isabel dos Santos’ investments. Her businesses range from telecommunications to banks to satellite TV to sports. In all, she owns a large chunk of Luanda’s major businesses.
8) Nathan Kirsh – Net Worth: $3.9 billion (Swazi)
Swaziland businessman, Nathan Kirsh is the founder of Jetro Holdings, a cash and carry wholesaler of perishable and non-perishable food products, household goods, equipment, supplies and related goods for grocery retailers. Kirsch made his first fortune in Swaziland several decades ago when he founded a corn milling business in 1958. He subsequently expanded into wholesale food distribution in apartheid South Africa and commercial property development.
7) Mohamed Mansour – Net Worth: $4 billion (Egyptian)
Mohamed oversees the Mansour Group. He reported an increase in sales in the family’s GM car business, which had taken a dive due to the 2011 Egyptian revolution.
Mohamed Mansour was born into one of the most prominent business families in Alexandria. The family business, Mansour Group, controls nine of Egypt’s top Fortune 500 companies, though it needed to survive the nationalization and confiscation of its assets in 1965.
Mansour gained an engineering degree from North Carolina State University in 1968, and a master’s in business administration from Auburn University in 1971, teaching there until 1973
6) Mike Adenuga – Net Worth: $4 Billion (Nigerian)
The second richest man in Nigeria. Mike Adenuga made his fortune through investments in mobile telecom and oil production.
His company Globacom is Nigeria’s second-largest telecom operator, and also has a presence in Ghana and Benin. He also owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company).
5) Nassef Sawiris – Net Worth: $6.3 Billion (Egyptian)
Nassef Sawiris is the wealthiest man in Egypt. The 53-year-old billionaire won a tax evasion case that had pitted him against the government of former Egyptian president Morsi.
He has emerged as the biggest shareholderin German sporting-goods maker Adidas
He is also the third-largest shareholder in Swiss cement maker LarfargeHolcim Ltd., created last year by a merger of the industry’s biggest companies, and he is the biggest investor in Dutch fertilizer company
4) Christoffel Wiese – Net Worth: $6.3 Billion (South African)
South African self-made billionaire continues to chase deals; adding his fortune. The retailing tycoon announced plans to swap his minority stake in IT company DigiCore for a stake in ConvergeNet. Wiese owns a 15% stake in Shoprite Holdings, a chain of low-price supermarkets with a presence across multiple African countries.
3) Nicky Oppenheimer – Net Worth: $6.7 Billion (South African)
The Oppenheimer family ended its 85-year reign atop diamond giant De Beers in 2012, when Nicky Oppenheimer sold his 40 percent stake to Anglo American for $5.1 billion.
He is the chairman of De Beers diamonds, of course, and also has a significant interest in Anglo-American plc, the gold mining company. He also owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa.
2) Johann Rupert – Net worth: $7.4 Billion (South African)
Johann Rupert is a luxury goods billionaire. He is the chairman of Compagnie Financiere Richemont, a Swiss company best known for brands like Cartier and Montblanc. Rupert owns 7 percent stake in Remgro and 25 percent of Reinet. He worked for sometime at Chase Manhattan Bank. He has been a vocal opponent of fracking.
1) Aliko Dangote – Net worth: $15.7 Billion (Nigerian)
The world’s richest black man. He is heralded by some as the face of the new Nigeria. He is the wealthiest man in Africa. He built his fortune through three commodities: sugar, cement, flour and he plans to invest in oil. His net worth tumbled from $25 billion in February 2014 as a result of a weaker Nigerian currency and a drop in demand for cement. He made his first fortune more than three decades ago when he started trading commodities with a loan from his powerful uncle.