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Top 10 Richest Men In Africa And Their Net Worth In 2023

POSTED ON December 4, 2023 •   BUSINESS & ECONOMY      BY Samuel O . Adeniyi

Africa is home to some of the richest men in the world. In 2023, the richest men in Africa richest have a combined net worth of over $100 billion.

These men have made their fortunes in a variety of industries, including mining, telecommunications, and finance. They are also some of the most influential people in Africa, and their decisions have a major impact on the continent's economy and development. Here is a look at the top 10 richest men in Africa and their net worth:

Aliko Dangote

Aliko Dangote is the richest man in Africa, with a net worth of $13.5 billion. He is the founder and chairman of Dangote Group, a conglomerate with interests in cement, sugar, flour, and other commodities. Dangote is also the owner of the Dangote refinery, the largest oil refinery in Africa.
Aliko Dangote, richest man in Africa

Mike Adenuga

Mike Adenuga is the second richest man in Africa, with a net worth of $10.9 billion. He is the founder of Globacom, the second-largest telecommunications company in Africa. Adenuga also has interests in oil and gas, real estate, and banking.

Nassef Sawiris

Nassef Sawiris is the third richest man in Africa, with a net worth of $8.9 billion. He is the chairman of Orascom Construction, a multinational construction company. Sawiris also has interests in media, real estate, and telecommunications.
[caption id="attachment_7963" align="alignnone" width="696"]Nassef Sawiris, third richest man in Africa | Credit: Nairametrics | Source: Google Nassef Sawiris, the third richest man in Africa[/caption]

Johann Rupert

Johann Rupert is the fourth richest man in Africa, with a net worth of $8.7 billion. He is the chairman of Richemont, a luxury goods company that owns brands such as Cartier, Van Cleef & Arpels, and Montblanc. Rupert also has interests in mining and financial services.

Mohammed Dewji

Mohammed Dewji is the fifth richest man in Africa, with a net worth of $3.8 billion. He is the founder and chairman of MeTL Group, a Tanzanian conglomerate with interests in manufacturing, mining, and logistics. Dewji is also the youngest billionaire in Africa.

Folorunsho Alakija

Folorunsho Alakija is the sixth richest woman in Africa, with a net worth of $3.3 billion. She is the founder of Famfa Oil, a Nigerian oil exploration company. Alakija is also a fashion designer and owns the House of Alakija fashion label.
[caption id="" align="aligncenter" width="698"]Folorunsho Alakija, sixth richest woman in Africa Folorunsho Alakija, the sixth richest woman in Africa | Credit: Nairametrics | Source: Google[/caption]

Isabel dos Santos

Isabel dos Santos is the seventh richest woman in Africa, with a net worth of $2.9 billion. She is the daughter of former Angolan president José Eduardo dos Santos. dos Santos owns a variety of businesses in Angola, Portugal, and the United Kingdom.
[caption id="attachment_7964" align="alignnone" width="635"]Isabel dos Santos, seventh richest woman in Africa Isabel dos Santos, the seventh richest woman in Africa | Credit: ISS Africa | Source: Google[/caption]

Nicky Oppenheimer

Nicky Oppenheimer is the eighth richest man in Africa, with a net worth of $2.8 billion. He is the former chairman of De Beers, the world's largest diamond mining company. Oppenheimer also has interests in property and wine.

Abdulsamad Rabiu

Abdulsamad Rabiu is the ninth richest man in Africa, with a net worth of $2.7 billion. He is the founder and chairman of BUA Group, a Nigerian conglomerate with interests in cement, sugar, and flour. Rabiu is also the owner of the Port Harcourt refinery, the second-largest oil refinery in Nigeria.

Patrice Motsepe

Patrice Motsepe is the number 10th richest man in Africa, with a net worth of $2.6 billion. He is the founder and chairman of African Rainbow Minerals, a South African mining company. Motsepe is also the owner of the Mamelodi Sundowns football club.
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