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      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
Dangote Advocates Affordable Housing Solutions at Africa International Housing Show
BY Abiodun Saheed Omodara August 1, 2025 0

Dangote Cement Plc has urged stakeholders in Nigeria's housing sector to adopt affordable mass housi...

READ ALSO
NOGASA Warns of Nationwide Disruptions as Dangote Refinery Plans Direct Supply to Consumers
BY Abiodun Saheed Omodara August 1, 2025 0

The Natural Oil and Gas Suppliers Association of Nigeria has issued a warning regarding the Dangote...

READ ALSO
NBS Reports Surge in Cooking Gas and Kerosene Prices across Nigeria
BY Abiodun Saheed Omodara July 31, 2025 0

The National Bureau of Statistics (NBS) has announced a rise in the average costs of cooking gas and...

READ ALSO
FG to Raise N796bn Annually from New 5% Petrol Surcharge
BY Abiodun Saheed Omodara July 31, 2025 0

The Federal Government is expected to generate N796bn annually from the implementation of a five per...

READ ALSO
Business Owners in Abuja Raise Alarm over Rising Operational Costs and Falling Sales
BY Abiodun Saheed Omodara July 30, 2025 0

Business owners in the Federal Capital Territory have voiced their worries about the escalating cost...

READ ALSO
33 African Startups Cease Operations in 30 Months Amid Shift to Sustainability
BY Abiodun Saheed Omodara July 30, 2025 0

In the last 30 months, from January 2023 to mid-2025, approximately 33 startups in Africa ceased ope...

READ ALSO
Nigerian Financial Institutions Urged to Adopt Real-Time Tools to Combat Rising Fraud
BY Abiodun Saheed Omodara July 30, 2025 0

Financial institutions in Nigeria and throughout Africa have been encouraged to implement real-time...

READ ALSO
NDLEA Conducts Public Auction of Properties Linked to Drug Trafficking
BY Abiodun Saheed Omodara July 30, 2025 0

The National Drug Law Enforcement Agency (NDLEA) held a public auction yesterday for houses that wer...

OUR CHANNELS:

Tottenham Hotspur Faces Captaincy Void as Son Heung-min Announces Exit
BY Abiodun Saheed Omodara August 3, 2025 0

Tottenham Hotspur, the reigning champions of the UEFA Europa League, will be missing their South Kor...


Team Nigeria Shines at Inaugural African School Games as Osaretin Grace Clinches Gold in Cycling
BY Abiodun Saheed Omodara August 2, 2025 0

Team Nigeria continues to assert its dominance on the continental stage, delivering a sterling perfo...


Tinubu Calls on Youth to Harness Digital Media for National Unity and Economic Growth
BY Abiodun Saheed Omodara August 2, 2025 0

President Bola Ahmed Tinubu has urged young Nigerians in the digital media sector to utilize their p...


Nigeria Immigration Service Urges Compliance with U.S. Visa Regulations
BY Abiodun Saheed Omodara August 3, 2025 0

The Nigeria Immigration Service has issued a notice urging Nigerians to utilize their U.S. visas app...


Security Guard Confesses to Gruesome Murders of School Nurse and Toddler
BY Abiodun Saheed Omodara August 2, 2025 0

A man named David Moses has admitted to the horrific murders of a school nurse and a 14-month-old ch...


Nurses Refute suspending strike, NEC to decide Saturday
BY Abiodun Saheed Omodara August 2, 2025 0

The National Association of Nigerian Nurses and Midwives and the Federal Health Institutions Sector...


Sanwo-Olu Directs Local Government Chairmen to Pause Political Appointments
BY Abiodun Saheed Omodara August 2, 2025 0

Lagos State Governor, Babajide Sanwo-Olu, has directed all newly inaugurated chairmen of the 20 Loca...


Dangote Advocates Affordable Housing Solutions at Africa International Housing Show
BY Abiodun Saheed Omodara August 2, 2025 0

Dangote Cement Plc has urged stakeholders in Nigeria's housing sector to adopt affordable mass housi...


Osimhen Joins Galatasaray in Record €75 Million Transfer from Napoli
BY Abiodun Saheed Omodara August 2, 2025 0

The Nigerian striker, Victor Osimhen, has officially made a permanent move to Galatasaray, the champ...


Empowering Youth: FGMRSI Launches Campaign to Promote Positive Values in Nigeria
BY Abiodun Saheed Omodara August 1, 2025 0

The Focused Girls Moral Regeneration Support Initiative (FGMRSI), a non-governmental organization, h...


More Articles

Load more...

Menu