Nigeria’s Aliko Dangote has been dethroned as the wealthiest man in Africa, according to the latest Forbes ranking.
The list which was released by Forbes, shows that Dangote, who held the top spot for 12 consecutive years, is now the second richest man in Africa.
According to Forbes , Johann Rupert, a South African business magnate is the richest in Africa.
Forbes Daily billionaires ranking platform presents a revealing look at the net worths of Africa’s elite.
As of January 1, 2024, here are the top 10 richest individuals shaping the financial landscape:
1. Johann Rupert & Family- $10.3 billion (South Africa, Luxury goods)
2. Aliko Dangote – $9.5 billion (Nigeria, Cement, Sugar)
3. Nicky Oppenheimer & Family – $8.3 billion (South Africa, Diamonds)
4. Nassef Sawiris – $7.4 billion (Egypt, Construction and investments)
5. Abdulsamad Rabiu – $5.9 billion (Nigeria, Cement, Sugar)
6. Nathan Kirsh – $5.8 billion (Eswatini, Retail, Real estate)
7. Issad Rebrab & Family – $4.6 billion (Algeria, Food)
8. Mohamed Mansour– $3.6 billion (Egypt, Diversified)
9. Naguib Sawiris– $3.3 billion (Egypt, Telecom)
10. Mike Adenuga – $3.1 billion (Nigeria, Telecom, Oil)
These influential figures not only seek to expand their fortunes but also drive economic growth.
By channeling their wealth into strategic initiatives, they contribute to Africa’s journey towards a more sustainable and inclusive future.
