The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine Forbes. In 2025, there was a record of 22 African billionaires on the list. Billionaires who are from Africa, but do not reside in the continent (such as Elon Musk, Patrick Drahi, Patrick Soon-Shiong, Nathan Kirsh, Mohammed Al Amoudi, Adebayo Ogunlesi, Ivan Glasenberg, Clive Calder, Mo Ibrahim, Tope Awotona) are excluded from the list by Forbes.
Annual rankings
2025 As of 2025, Nigerian billionaire Aliko Dangote is the richest person in Africa, and the African countries with the most billionaires are South Africa (7), Egypt (5), Nigeria (4), and Morocco (3). Algeria, Tanzania and Zimbabwe each have one billionaire.
No. Name Net worth (USD) Nationality Source(s) of wealth 1Aliko Dangote $30.3B Nigeria Manufacturing2Johann Rupert $19.4BSouth Africa Fashion & Retail 3Nicky Oppenheimer $13.6B South Africa Metals & Mining4Abdul Samad Rabiu$10.2BNigeriaFood & Beverages , BUA Cement4 Naguib Sawiris $10.2B EgyptTelecommunications & Engineering6Nassef Sawiris$9.74BEgyptConstruction , agro-chemicals7Mike Adenuga$6.8BNigeriaTelecommunications , Conoil8Koos Bekker$3.8BSouth AfricaMedia & Entertainment9Patrice Motsepe$3.5BSouth AfricaMetals & Mining10Mohamed Mansour$3.4BEgyptMansour Group11Issad Rebrab$3BAlgeriaFood & Beverages11Michiel le Roux$3BSouth AfricaFinance13Mohammed Dewji$2.2BTanzaniaMeTL Group13Jannie Mouton$2.2BSouth AfricaFinance & Investments15Othman Benjelloun$2.0BMoroccoFinance16Christoffel Wiese$1.8BSouth AfricaFashion & Retail17Aziz Akhannouch$1.6BMoroccoAkwa Group17Anas Sefrioui$1.6BMoroccoReal Estate17Femi Otedola$1.6BNigeriaEnergy 20Youssef Mansour$1.4BEgyptMansour Group21Strive Masiyiwa$1.3BZimbabweTelecommunications & Engineering22Yasseen Mansour$1.2BEgyptMansour Group
2024 As of December 2024, South African billionaire Johann Rupert is the richest person in Africa, and the African countries with the most billionaires are South Africa (7), Egypt (5), Nigeria (4), and Morocco (2). Algeria, Tanzania and Zimbabwe each have one billionaire.
No. Name Net worth (USD) Nationality Source(s) of wealth 1 Johann Rupert $14.5B South Africa Fashion & Retail 2 Aliko Dangote $13.9B Nigeria Manufacturing 3 Nicky Oppenheimer $11.5B South Africa Metals & Mining 4 Nassef Sawiris $9.6B EgyptConstruction & Engineering5Naguib Sawiris$7.55BEgyptTelecommunications & Engineering6Mike Adenuga$6.9BNigeriaGlo (company)7Abdul Samad Rabiu$5.9BNigeriaFood & Beverages , BUA Cement8Mohamed Mansour$3.3BEgyptMansour Group9Patrice Motsepe$3.2BSouth AfricaMetals & Mining9Koos Bekker$3.2BSouth AfricaMedia & Entertainment11Strive Masiyiwa$3.1BZimbabweTelecommunications & Engineering12Issad Rebrab$2.7BAlgeriaFood & Beverages13Michiel le Roux$1.9BSouth AfricaFinance14Mohammed Dewji$1.8BTanzaniaMeTL Group15Aziz Akhannouch$1.7BMoroccoAkwa Group16Christoffel Wiese$1.6BSouth AfricaFashion & Retail16Othman Benjelloun$1.6BMoroccoFinance18Femi Otedola$1.5BNigeriaEnergy 19Youssef Mansour$1.3BEgyptMansour Group20Yasseen Mansour$1.2BEgyptMansour Group
2023 As of 2023, Nigerian billionaire Aliko Dangote is the richest person in Africa, and the African countries with the most billionaires are Egypt (5), South Africa (6), Nigeria (3), and Morocco (2)
No.Name Net worth (USD)NationalitySource(s) of wealth 1Aliko Dangote $13.5BNigeria Dangote Cement2Johann Rupert$10.7BSouth AfricaRichemont3Nicky Oppenheimer$8.4BSouth AfricaDe Beers4Abdul Samad Rabiu$7.6BNigeriaBUA Group5Nassef Sawiris$7.3BEgyptOrascom6Mike Adenuga$6.3BNigeriaGlo (company)7Issad Rebrab$4.6BAlgeriaCevital8Naguib Sawiris$3.3BEgyptOrascom9Patrice Motsepe$3.2BSouth AfricaAfrican Rainbow Minerals10Mohamed Mansour$2.9BEgyptMansour Group11Koos Bekker$2.6BSouth AfricaNaspers12Strive Masiyiwa$1.9BZimbabweEconet Global13Aziz Akhannouch$1.5BMoroccoAkwa Group13Mohammed Dewji$1.5BTanzaniaMeTL Group13Youssef Mansour$1.5BEgyptMansour Group16Othman Benjelloun$1.3BMoroccoBank of Africa Group17Michiel Le Roux$1.2BSouth AfricaCapitec Bank 18Yasseen Mansour$1.1BEgyptMansour Group18Christoffel Wiese$1.1BSouth AfricaPepkor
2021 As of 2021, Nigerian billionaire Aliko Dangote is the richest person in Africa, and the African countries with the most billionaires are Egypt (5), South Africa (5), Nigeria (3), and Morocco (2).
No. Name Net worth (USD) Age Nationality Source(s) of wealth Aliko Dangote$14 billion 63Dangote Group Nassef Sawiris$8.5 billion 59Orascom Nicky Oppenheimer$8.0 billion 75De Beers $7.2 billion 70Richemont, Remgro $6.3 billion 67Globacom, Conoil $5.5 billion 60BUA Group Issad Rebrab$4.4 billion 77Cevital $3.2 billion 66Orascom $3.0 billion 58African Rainbow Minerals Koos Bekker$2.8 billion 68Naspers $2.5 billion 72Mansour Group $2.0 billion 60Akwa Group $1.6 billion 45MeTL Group $1.4 billion 75Mansour Group $1.3 billion 88Bank of Africa $1.2 billion 71Capitec Bank $1.2 billion 59Econet Global $1.1 billion 59Mansour Group
2019
The 2020 billionaires' list was released by Forbes on 14 January 2020. Also, the Forbes provides daily net worth updates which reflects change by 5 PM ET of prior trading day.
No.NameAge (in 2019)NationalityNet worth (USD)Source(s) of wealth1Aliko Dangote63$ 8.3 billionDangote Group2Oppenheimer family74$ 7.4 billionDe Beers3Onsi Sawiris59$ 7.3 billionOrascom4Mike Adenuga67$ 6.2 billionGlobacom, Conoil5Rupert Familly69$ 5.4 billionRichemont, Remgro6Rebrab family76$ 3.9 billionCevital7Mohamed Mansour72$ 3.3 billionMansour Group8Abdul Samad Rabiu59$ 3.2 billionBUA Group965$ 3 billionOrascom10Sheikh Mohammed Hussein Al Amoudi72$ 2.9 billionMidroc
See also Lists of billionaires List of countries by the number of billionaires
References
External links Africa's Billionaires, Forbes The World's Billionaires, Forbes The richest people in Africa, LocalFobs.com