JOHANNESBURG –

With South-African billionaire Nicky Oppenheimer ranked at 31 in the world, and joint first in Africa.

There are 25 African billionaires this year, up from 24 last year. Nigerian businessmen Femi Otedola and Abdulsamad Rabiu failed to make the cut this year.

Mohammed Dewji of Tanzania is still the youngest billionaire in Africa with a fortune FORBES estimates at $1.09 billion.

Angolan investor Isabel dos Santos and oil tycoon Folorunsho Alakija of Nigeria still remain the only two female billionaires on the continent.


Meet the 24 African billionaires:

  1. Aliko Dangote, Nigerian
    Net Worth: $12.2 billion
    Source Of Wealth: Cement, flour, sugar, salt

  2. Nicky Oppenheimer, South African
    Net Worth: $7 billion
    Source Of Wealth: Diamonds


  3. Mike Adenuga, Nigerian
    Net Worth: $6.1 billion
    Source Of Wealth: Telecom, Oil, Real Estate

  4. Johann Rupert, South African
    Net Worth: $6.3 billion
    Source Of Wealth:Luxury Goods

  5. Nassef Sawiris, Egyptian
    Net Worth: $6.2billion
    Source Of Wealth: Construction, Chemicals

  6. Christoffel Wiese, South African
    Net Worth: $5.9 billion
    Source Of Wealth: Retail

  7. Nathan Kirsch, Swazi
    Net Worth: $3.9 billion
    Source Of Wealth:Retail

  8. Naguib Sawiris, Egyptian
    Net Worth: $3.8 billion
    Source Of Wealth: Telecom

  9. Isabel dos Santos, Angolan
    Net Worth: $3.1 billion
    Source Of Wealth: Investments

  10. Issad Rebrab, Algerian
    Net Worth: $3 billion
    Source Of Wealth: Food

  11. Mohamed Mansour, Egyptian
    Net Worth: $2.7 billion
    Source Of Wealth: Diversified

  12. Koos Bekker, South African
    Net Worth: $2.1 billion
    Source Of Wealth: Media, Investments

  13. Allan Gray, South African
    Net Worth: $1.99 billion
    Source Of Wealth: Money Management

  14. Othman Benjelloun, Moroccan
    Net Worth: $1.9 billion
    Source Of Wealth: Banking, Insurance

  15. Mohamed Al Fayed, Egyptian
    Net Worth: $1.82 billion
    Source Of Wealth: Retailing

  16. Patrice Motsepe, South African
    Net Worth: $1.81 billion
    Source Of Wealth: Mining

  17. Yasseen Mansour, Egyptian
    Net Worth: $1.76 billion
    Source Of Wealth: Diversified

  18. Folorunsho Alakija, Nigerian
    Net Worth: $1.61 billion
    Source Of Wealth: Oil

  19. Aziz Akhannouch, Moroccan
    Net Worth: $1.58 billion
    Source Of Wealth: Petroleum, Diversified

  20. Mohammed Dewji, Tanzanian
    Net Worth: $1.4 billion
    Source Of Wealth: Diversified

  21. Stephen Saad, South African
    Net Worth: $1.21 billion
    Source Of Wealth: Pharmaceuticals

  22. Youssef Mansour, Egyptian
    Net Worth: $1.15 billion
    Source Of Wealth: Diversified

  23. Onsi Sawiris, Egyptian
    Net Worth: $1.14 billion
    Source Of Wealth: Construction, Telecom

  24. Anas Sefrioui, Moroccan
    Net Worth: $1.06 billion
    Source Of Wealth: Real Estate

  25. Jannie Mouton, South African
    Net Worth: $1 billion
    Source Of Wealth: Financial services


The 2017 Hurun Global Rich List has ranked 2,257 billionaires from 68 countries and from 1,811 companies in another record-breaking year for the world’s super-rich.

Total billionaire wealth increased by 16% to US$8.0 trillion, the group said, equivalent to 10.7% of global GDP, and up from 7% of global GDP five years ago.

It has been generally another good year for the billionaires of the world. 1,037 saw their wealth increase, with 343 new faces added to the billionaire club.

The report found that 740 individuals saw their wealth decrease, while a further 276 dropped off the list.

Chinese billionaires led the USA for the second year running, with 609 featured on the list, compared to 552 from the States.

It has been a good year for Germany, which surged past India into third place. India lost 11 billionaires mainly on the back of demonetisation, while Russia lost 12 billionaires despite a 30% appreciation of the ruble against the dollar.

BUSINESS REPORT ONLINE