Africa is home to some of the world’s wealthiest and most influential entrepreneurs, who have built their fortunes through industries like mining, telecommunications, construction, and luxury goods. In 2025, the Top 10 Richest People in Africa represent a diverse mix of business leaders, industrialists, and investors, reflecting the continent’s economic potential and rapid growth.
The list of Africa’s wealthiest individuals includes billionaires from Nigeria, South Africa, Egypt, and Eswatini, showcasing the continent’s economic diversity. These billionaires have accumulated vast fortunes through industries ranging from cement and telecom to luxury goods and oil refining. Despite the economic challenges in some regions, these business leaders have managed to expand their empires globally, making a significant impact on the world stage.
Top 10 Richest People in Africa (2025)
- Aliko Dangote: $28.1 billion
- Johann Rupert & Family: $13.7 billion
- Nicky Oppenheimer & Family: $11.5 billion
- Nassef Sawiris: $8.7 billion
- Mike Adenuga: $6.8 billion
- Abdulsamad Rabiu: $5.1 billion
- Nathan Kirsh: $5.0 billion
- Naguib Sawiris: $3.8 billion
- Mohamed Mansour: $3.3 billion
- Patrice Motsepe: $3.2 billion
These billionaires have made their fortunes in diverse sectors:
- Aliko Dangote leads the list with a fortune of $28.1 billion, primarily from cement, sugar, fertilizer, and oil refining through his Dangote Group. He remains the wealthiest person in Africa and a global icon of African entrepreneurship.
- Johann Rupert & Family control Richemont, one of the world’s largest luxury goods companies, known for brands like Cartier and Montblanc, with a net worth of $13.7 billion.
- Nicky Oppenheimer & Family are known for their long-standing influence in the diamond industry as former owners of De Beers, with a net worth of $11.5 billion.
- Nassef Sawiris from Egypt is a major player in construction and investments, holding significant stakes in OCI and Adidas, with a net worth of $8.7 billion.
| # | Name | Net Worth (USD) | Source of Income | Country |
|---|---|---|---|---|
| 1 | Aliko Dangote | $28.1 billion | Cement, Sugar, Fertilizer, Oil Refining | Nigeria |
| 2 | Johann Rupert & Family | $13.7 billion | Luxury Goods (Richemont, Cartier, Montblanc) | South Africa |
| 3 | Nicky Oppenheimer & Family | $11.5 billion | Diamonds (Former De Beers Chairman) | South Africa |
| 4 | Nassef Sawiris | $8.7 billion | Construction, Investments (OCI, Adidas) | Egypt |
| 5 | Mike Adenuga | $6.8 billion | Telecom (Globacom), Oil (Conoil) | Nigeria |
| 6 | Abdulsamad Rabiu | $5.1 billion | Cement, Sugar (BUA Group) | Nigeria |
| 7 | Nathan Kirsh | $5.0 billion | Retail, Real Estate | Eswatini |
| 8 | Naguib Sawiris | $3.8 billion | Telecom, Investments | Egypt |
| 9 | Mohamed Mansour | $3.3 billion | Diversified (Mansour Group) | Egypt |
| 10 | Patrice Motsepe | $3.2 billion | Mining (African Rainbow Minerals) | South Africa |
Disclaimer: The rankings and net worth figures of the individuals listed in this article are based on data published in May 2025. These figures are subject to change over time due to market fluctuations, business performance, and financial disclosures. As a result, the rankings may vary in the future.
Africa’s richest individuals have built their wealth through a diverse range of industries, including natural resources, luxury goods, construction, and telecommunications. Aliko Dangote stands out as a global business leader, while Johann Rupert has created a luxury empire that spans continents. Nassef Sawiris and Mike Adenuga are examples of African billionaires who have diversified their wealth across multiple sectors, ensuring financial stability and global influence.
From cement tycoons to luxury goods magnates, Africa’s wealthiest individuals continue to shape the continent’s economic landscape through innovative businesses, global investments, and long-term financial strategies. As these billionaires expand their influence globally, they are likely to remain key players in the world economy.
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