Sat. Mar 2nd, 2024

For most enterprising individuals, the new year comes with new financial objectives that have been established to surpass the previous years accomplishments, Africa included. As the new year begins, people aim to accomplish goals that have eluded them in the past, and African billionaires are no exception. Said billionaires are tasked with the responsibility of growing their ventures not just for themselves but also for their region’s economy, given how substantial the businesses they control are.

With that said, it is interesting to note which billionaires are starting off the year on the right foot.

Also, it is interesting to have a reference point as the year progresses. Therefore, this article shows Africa’s top billionaires at the start of 2024.

The figures below represent the net worth of the entrants as of the 1st of January 2024.

Rank

Name

Net worth

Country

Industry

Global rank

1.

Johann Rupert & Family

$10.3 billion

South Africa

Luxury goods

192nd

2.

Aliko Dangote

$9.5 billion

Nigeria

Cement, Sugar

228th

3.

Nicky Oppenheimer & Family

$8.3 billion

South Africa

Diamonds

283rd

4.

Nassef Sawiris

$7.4 billion

Egypt

Construction and investments

345th

5.

Abdulsamad Rabiu

$5.9 billion

Nigeria

Cement, Sugar

489th

6.

Nathan Kirsh

$5.8 billion

Eswatini (Swaziland)

Retail, real estate

497th

7.

Issad Rebrab & Family

$4.6 billion

Algeria

Food

647th

8.

Mohamed Mansour

$3.6 billion

Egypt

Diversified

854th

9.

Naguib Sawiris

$3.3 billion

Egypt

Telecom

927th

10.

Mike Adenuga

$3.1 billion

Nigeria

Telecom, oil

1031st

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