Would you like to receive notifications on latest updates of the following headlines?

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.
READ ALSO
NNPCL Revamps Financial Discipline, Collaborate with Independent Producers
BY Abiodun Saheed Omodara July 3, 2025 0

The CEO of Seplat Energy Plc, Roger Brown, stated that the Nigerian National Petroleum Company Limit...

READ ALSO
Nigeria Unveils 37 New Crude Oil Evacuation Routes to Combat Theft and Boost Production
BY Abiodun Saheed Omodara July 3, 2025 0

The Federal Government has sanctioned 37 new crude oil evacuation routes nationwide as part of refor...

READ ALSO
Dangote Slash Petrol Price to N840 per Litre Amid Market Adjustments
BY Abiodun Saheed Omodara June 30, 2025 0

The Dangote Petroleum Refinery has lowered the ex-depot price of Premium Motor Spirit, commonly refe...

READ ALSO
Tinubu Empowers ICRC to Streamline PPP Processes
BY Abiodun Saheed Omodara June 30, 2025 0

President Bola Tinubu has authorized the Infrastructure Concession Regulatory Commission (ICRC) to e...

READ ALSO
Nigeria's Public Debt Reaches N149.39 Trillion, Marking 22.8% Annual Increase
BY Abiodun Saheed Omodara June 28, 2025 0

As of March 31, 2025, Nigeria's total public debt reached N149.39 trillion, showing an annual increa...

READ ALSO
Dangote Decries Inconsistent Policies, Poor Power Supply as Barriers to Africa’s Industrial Growth
BY Abiodun Saheed Omodara June 27, 2025 0

Africa’s foremost industrialist and President of Dangote Industries Limited (DIL), Alhaji Alik...

READ ALSO
Transition of Tax Collection to NRS Announced, New VAT Sharing Begins January 1, 2026
BY Abiodun Saheed Omodara June 27, 2025 0

President Bola Tinubu signed four tax reform bills into law on Thursday, indicating Nigeria's commit...

READ ALSO
Afreximbank Advocates for Innovative Financing Structures in South–South Trade
BY Abiodun Saheed Omodara June 26, 2025 0

The President and Chairman of the Board of Directors of the African Export-Import Bank, Prof. Benedi...

OUR CHANNELS:

Nigeria's Civil Service Faces Redundancy Due to Obsolete Skills
BY Abiodun Saheed Omodara July 4, 2025 0

The Federal Civil Service Commission has stated that the primary issue plaguing the civil service is...


2027 Election: Aisha Yesufu Urges ADC to Prioritize Youth,Women in Leadership
BY Abiodun Saheed Omodara July 4, 2025 0

Socio-political activist Aisha Yesufu has expressed concerns regarding the makeup of the recently fo...


NNPCL Revamps Financial Discipline, Collaborate with Independent Producers
BY Abiodun Saheed Omodara July 3, 2025 0

The CEO of Seplat Energy Plc, Roger Brown, stated that the Nigerian National Petroleum Company Limit...


Nigeria Unveils 37 New Crude Oil Evacuation Routes to Combat Theft and Boost Production
BY Abiodun Saheed Omodara July 4, 2025 0

The Federal Government has sanctioned 37 new crude oil evacuation routes nationwide as part of refor...


NCC, REA Forge Partnership to Enhance Rural Connectivity and Energy Solutions
BY Abiodun Saheed Omodara July 4, 2025 0

The Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have officia...


We Rendered Oil Smuggling Unattractive, A New Era for Nigeria's Economy - Tinubu
BY Abiodun Saheed Omodara July 4, 2025 0

President Bola Tinubu has proclaimed that his administration has salvaged Nigeria’s economy fr...


Microsoft Cuts 4% of Workforce Amid AI Investment Strategy
BY Abiodun Saheed Omodara July 3, 2025 0

Microsoft is set to lay off nearly 4% of its workforce, impacting around 9,000 employees across diff...


Amaechi Exits APC, Calls for Urgent Restructuring of Nigeria
BY Abiodun Saheed Omodara July 3, 2025 0

A former Minister of Transportation,Rotimi Amaechi,has left the All Progressives Congress (APC).&nbs...


K-pop's Global Influence Inspires Afrobeat Collaboration
BY Abiodun Saheed Omodara July 3, 2025 0

The Korean Cultural Centre in Nigeria is keen on promoting collaboration between Nigeria’s Afr...


Lagos Assembly Summons AG over Controversial Local Government Law Commencement
BY Abiodun Saheed Omodara July 4, 2025 0

The Lagos State House of Assembly has called upon the State’s Attorney General, Lawal Pedro (S...


More Articles

Load more...

Menu