Akwa Group was founded and is managed by the family; credit also goes to his siblings for their involvement in the company. This is why some of the people who made it to the list of the top 10 wealthiest people in Nigeria in 10, 5, or 3 years ago are no longer on the list today. An important part of Ahmed Ezz’s wealth comes from his shares in Ezz Steel. Bensalah is the head of the family business Holmarcom Group, which specializes in the finance industry of Morocco. New York has the most valuable real estate in the U.S., totalling $2.8 trillion. Tags: Top 10 Richest Man In East Africa 2020 Delta Feb. Related Posts. Nicky Oppenheimer is one of the wealthiest people in Africa. He holds 40% of shares in SNI – one of the largest investment firms in Morocco. Furthermore, the company is also involved with telecommunications industry on a small scale. The Moroccan billionaire invests in banking, telecom, and insurance industries through his company FinanceCom. Dr. Mike Adenuga is the chairperson of ConOil PLC, a lucrative oil exploration company in Nigeria. Add a Comment Cancel reply. The organization owns shares in several banks and thus makes a significant contribution to the economy. Wiese today presides over 11,000 stores across 30 countries. Nassef Sawiris is a construction magnate and the richest man in Egypt. He is South Africa’s first black billionaire. It owns and operates gas stations while manufacturing its brand of engine oil. His primary businesses include cement, sugar and flour. Listed below are the top 50 wealthiest people in Africa according to the data gather from Forbes. The list of the richest men in Africa was released by Forbes magazine in January 2020. SA's top 50 richest people are worth R323 billion News Aliko Dangote – NW: $21.6 billion. He is a stakeholder in the chemical and shipping industry as well. Danjuma is the creator and CEO of Nigerian organization South Atlantic Petroleum, which is a major oil and petroleum manufacturer. It is noteworthy that Danjuma was a former Defense Minister of Nigeria. Bensalah’s company invests in a variety of industries. The company mainly focuses on the residential market and thus specializes in home building programs. The company has interests in banking, education and agriculture. The company specializes in real estate business and constructs and operates resorts and hotels in Egypt as well as in Switzerland. Among his varied interests, Bekker is mainly an investor of the media industry. 74. Here are the richest people in Africa… It is also a large scale distributor of cement in Nigeria. Top 10 Richest Presidents in Africa 2020 Africa is perceived as a poor continent but most of its influential leaders are worth millions of dollars. Bargain Shopping African retail tycoon made an end run on big urban-market competitors by targeting rural and low-income areas with rock-bottom prices and everyday items. This Ugandan billionaire is one the largest real estate investors in the country. He is the founder and creator of one of the largest telecommunication company in Egypt, Orascom Telecom Media & Technology. Richest People / Top 100 Richest People in the World List. Ezz Steel is a leading steel manufacturer in Egypt and the Middle East as a whole. The richest African, for the eighth year in a row, is Nigerian cement and commodities tycoon Aliko Dangote, with a net worth of $10.7 billion. Apart from that, this South African billionaire owns shares in several multi-national companies. In a report by Knight Frank released in March 2020, Kenya has 42 ultra-high net worth individuals, worth over US$30 million each, which is … His primary businesses include cement, sugar and flour. His media company IIP Media owns several media entities in Africa including radio, television and newspaper platforms. Sawiris also owns nearly 5% of cement giant LafargeHolcim, and 7% of Adidas. The Forbes 400 Richest Americans list has been published annually since 1982. These include call centers, clinics and media companies such as Bertlesmann – a renowned German media entity. The company also has diversified interests into other industries. # Richest Women In The World For 2020, Fifth Avenue, New York, NY, 10001, United States. Wakrim generated a significant portion of wealth through petroleum and gas business in Morocco. The bulk of his wealth stems from his involvement in Econet Wireless Group; a telecommunications group that he founded. It is a large-scale conglomerate in Morocco that specializes in chemicals, gas and petroleum. He is also the chairperson of BMCE Bank, which is one of the largest in Morocco and is active in more than 20 African countries. Wiese today presides over 11,000 stores across 30 countries. His company Dangote Group is currently on an expansion drive to many other African countries. When the British design magazine Wallpaper* described the Afrikaans language as “one of the ugliest languages in the world” in its September 2005 edition (in reference to the Afrikaans Language Monument), Rupert responded by withdrawing advertising for his companies’ brands such as Cartier, Van Cleef & Arpels, Montblanc and Alfred Dunhill from the magazine. Besides owning a large tract of land, the royal family also runs Heritage Hotels and have the largest percentage of shares in the Commercial Bank of Africa. He is a South African mining tycoon who has been dominating the mining industry in the country through his investments in various organizations including Assmang Limited, which produces manganese, iron, and chrome. Bekker has also made several foreign investments, especially in BRIC countries. He is the creator of several luxury goods including brands such as Cartier and Mont Blanc. He is the founder and CEO of Ruperelia Group, which owns more than 300 residential and commercial properties. He runs the Mansour Group along with his brothers in Egypt. OCI also invests in various other industries including fertilizers and chemical business. Find out the top 20 richest men in South Africa this year. Indimi is a self-made Nigerian millionaire and founder of one of the largest oil production organizations in the country. Clicks Group. Motsepe is an investor in the South African mining industry. Copyright © 2008 - 2020 CEOWORLD magazine. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. The company specializes in Caterpillar dealerships. # Countries with the highest life expectancy in the world, 2020 According to Forbes’ annual ranking of dollar billionaires, diamond magnate Nicky Oppenheimer is the richest man in the country with a net worth of $7.3 billion. Apart from investing in real estate, Elumelu is a stakeholder of Transcorp, which is one of the largest publicly-traded conglomerates in Nigeria. Top 50 Richest men in Zimbabwe According to The Zimbabwean Sunday Mail, These are the list of the top 50 richest people in Zimbabwe. Here is a list of the richest Presidents in Africa … South Africa’s 5 richest people. Compared to his Egyptian Billionaires, Mansour brothers, Youseff maintains a very low profile. He is a member of the Sawiris family and the chief operator of the family’s business – Orascom Development. Azizi is a self-made billionaire in Tanzania who mainly invests in the telecommunications industry. Aliko Dangote, an ethnic Hausa Muslimrom Kano State, was born on 10 April 1957 into a wealthy Muslim family. Oriental Energy Resources manufactures and distributes oil to many African countries apart from Nigeria. Below you will find a dynamically updated, real time listing of the 100 richest people in the world today. He is the founder of Globacom Limited, which is the second largest phone network in Nigeria. Furthermore, the organization manages ports and terminals within the industry as well. Subsequently, she started investing in Nigerian oil production as well. A 2016 count puts its employee strength at 5,749. This organization owns the biggest sugar refineries in the world. Last year, he collaborated with the Dubai International Petroleum Investment Cooperation to fund a coal-based power plant at his birthplace. RMB and RMI Holdings are the two famous and lucrative subsidiaries of this organization. He is the great-grandson of Alhaji Alhassan Dantata, the richest African at the time of his death in 1955. Listed below are the top 50 wealthiest people in Africa according to the data gather from Forbes. He manages all his investments through his company Sameer Group. He was one of the richest millionaires in Africa during his twenties. This year’s Top 10 includes familiar faces, mostly self-made tech genius.... With a fortune of $73.8 billion, Francoise Bettencourt Meyers is the richest woman in the world, up $14.8 billion from... 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She is one of the richest women in the world. Some of them are in the Forbes ranking, and others are not, but they are all wealthy and successful. Top 10 Poorest Men In The World 2020. Otudeko is the founder and CEO of the Nigerian company Honeywell Group. This Nigerian billionaire is an investor in the telecommunications and oil production industries. This firm also invests in several other industries too. Based in South Africa, Nicky Oppenheimer made the bulk of his fortune from the diamond trade. CEOWORLD magazine > The Latest > Stats Gate > Africa’s Billionaires: Richest People In Africa, 2020. As the Co-founder and a shareholder of Rand Consolidated Investing, Ferreira managed to become a millionaire in South Africa. Apart from being a major stakeholder of Mansour Group, he is also interested in the field of consumer goods. Reply. 6 cars produced in Africa by Africans for Africa. How one woman is helping some farmers in Kenya create a path out of poverty. His company also has investments in real estate development, media and hotel chains. His primary businesses include cement, sugar and flour. Mohamed Mansour is a billionaire and businessman with diverse investments across different industries in Egypt. Below is a list of top ten richest musicians in East Africa and their net worth in 2020: 1. Yassen also is the founder of big-time real estate developing company – Palm Hills Development. # Most expensive countries in the world to live in, 2020 Along with Aliko Dangote, three other Nigerian billionaires who made the list were oil and telecoms mogul Mike Adenuga whose fortune is currently estimated at $7.7 billion, Abdulsamad Rabiu ($3.1 billion) and Folorunsho Alakija, with an estimated at $1 billion. The CEOWORLD magazine Rich List annually recognizes World’s richest. Dangote is the richest person in Africa and the only African on the list of top 50 richest in the world. A billionaire from Angola Isabel Dos Santos is the only woman who is listed in the top 10 richest African People with a net worth of 2.1 Billion. Richest People In Africa. This self-made Kenyan millionaire invests in various industries to diversify his assets. Africa’s Top 10 Billionaires – Richest People in Africa 2020 image source It’s not uncommon to hear about business people who started from the little start-up fund they could raise and ended up building a thriving firm, or about seasoned business owners who took over a decades-old enterprise and transformed it into a bigger business empire. Furthermore, his company invests in food and beverages and packing services as well. RICHEST PEOPLE IN AFRICA. Some like Cletus Ibeto who was once the richest Igbo man at some point in the country and among the top 10 wealthiest people in Nigeria are no longer found on the list. Three well-known Nigerian billionaires are on the top of our ranking of the top 10 richest person in Nigeria. Masiyiwa also contributes a lot towards the betterment of education. Robert Hitti set up Qualiplast in 1973 as a small factory with the name Greenplastica Limited in 1973. He is yet another self-made billionaire from Nigeria. Dangote was educated at the Sheikh Ali Kumasi Madrasa, followed by Capital High School, Kano. This organization specializes in a variety of industries including media, shipping, oil trading, manufacturing, and banking. Apart from liquid petroleum, the company also manufactures certain chemicals as well. Kalu is the founder and CEO of Slok Holding. Christoeffel Wiese Net Worth: $1.1 Billion (Forbes) Industry: Retailing, Self Made. Johann Rupert($5.3 Billion) Johann is the second Richest person in South Africa with an estimated net worth of $5.3 Billion. He is a major shareholder of Forte Oil, which is one of Nigeria’s largest oil manufacturing companies. He has stakes in the telecom education industry and real estate industry in differentoverseas countries . A University of Chicago graduate, he donated $20 million to the school in 2015 to establish a scholarship program named after his father, Onsi. Onsi is the founder of Orascom Construction Industries and the patriarch of one of the richest families in Egypt. If they can we to can. Egypt’s richest businessman, Nassef Sawiris, runs OCI, one of the largest nitrogen fertilizer producers in the world. The Hitti Family-$540 million. He is the founder and executive chairman of the telecommunications, technology and renewable […] The funds benefit Egyptian students. He is also the owner of SNEP, which is a Moroccan chemical manufacturer. His company BUA Group specializes in commodities such as flour and sugar. Dangote is the richest person in Africa and the only African on the list of top 50 richest in the world. 16. The richest people in Africa and how they have amassed great wealth in a continent regarded as the poorest in the world. South Africa has one of the best economies in Africa and is a leader in many sectors. Only 2 woman features on the list of the 25 richest people in Africa — Angola’s richest person, Isabel Dos Santos and Folorunsho Alakija from Nigeria. Dangote refineries are expected to come online in 2017. He is the founder and CEO of Aspen Pharmacare, which is a major pharmaceutical manufacturer in Africa. He covers anything and everything related to CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide, whether lists or lifestyle, business or rankings. For instance, it is the distributor of L’Oreal in Egypt. He has a bachelor’s degree in business studies and administration from Al-Azhar University, Cairo. 5. The company’s generic medicine market expands to more than 150 countries. Top 20 richest people in Africa 2020. by Victor Mochere. That is more than the entire... Not surprisingly, with a $76.0 billion fortune, the Ambanis of India are the richest business family in Asia. Kenya is the largest economy in East Africa, with a GDP of US$70.539 billion (Source: World Fact Book) and has some rich people. Top 100 Richest South Africans revealed The Sunday Times Top 100 Rich List reveals the wealthiest South Africans He is a Tanzanian self-made millionaire who invests mainly on manufactured goods such as grain and potatoes. Top 20 Richest People in Africa 20. in Wealth. The company also has branches in hotel and supermarket investments. This self-made Moroccan millionaire is the head of Saham Group; one of the biggest insurance companies in Morocco. Attridge is an important founding member as well as a major shareholder of the company. The richest company in Africa in the healthcare sector is Clicks Group. He is also the founder and owner of Kilimanjaro – which is a commonly used bottled water brand in Tanzania. ... Top 10 List Based on GDP › Richest Woman in Africa – Top Billionaire Females from Africa. He is a major shareholder of Akwa Group. This retail-led healthcare firm runs more than 800 stores in South Africa. He invests in financial firms and recreational centers as well. Originally Orascom Construction Industries, Sawiris split the company into two entities in 2015. # Best Countries For Investment In Ecommerce And Digital Sector, 2020 The first three names are ranked as the wealthiest by Forbes, and the number 1 is also the richest black person on the planet; a spot he has held on to for some years now. Top 10 Richest Politicians In The World 2020. American business magazine Forbes has finally published a list of top 20 richest people in Africa as of 2020, and surprisingly, no Kenyan billionaire features on the list. 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