Top 10 richest people in Africa at the outset of 2024

Africa's Economic Titans: Unveiling the Top 10 Billionaires of 2024"


In the dynamic landscape of Africa's economic prowess, a select few individuals stand tall at the zenith of wealth, showcasing the continent's thriving entrepreneurial spirit. As we usher in the year 2024, Forbes provides a glimpse into the lives of Africa's top billionaires, unveiling a captivating tapestry woven with success stories across diverse industries.


### 1. Johann Rupert & Family (South Africa) – $10.3 billion


At the forefront, Johann Rupert reigns supreme with a net worth of $10.3 billion. The visionary behind Richemont, he has crafted an empire in the luxury goods industry, securing a global ranking of 192nd. Cartier and Montblanc are but jewels in his crown, symbolizing not just personal triumph but Africa's impact on the world stage.


### 2. Aliko Dangote (Nigeria) – $9.5 billion


Aliko Dangote, a stalwart in Nigeria's business realm, follows closely with a fortune of $9.5 billion. His legacy in cement and sugar industries has not only contributed to Nigeria's economic growth but has elevated him to the 228th position globally. Dangote is more than a billionaire; he is a driving force behind progress.


### 3. Nicky Oppenheimer & Family (South Africa) – $8.3 billion


Nicky Oppenheimer and family claim the third spot, boasting a net worth of $8.3 billion entrenched in the diamond industry. Despite market fluctuations, their strategic acumen has secured a lasting legacy, placing them at the 283rd spot in global wealth rankings.


### 4. Nassef Sawiris (Egypt) – $7.4 billion


Emerging from Egypt, Nassef Sawiris stands as the fourth richest person in Africa, amassing $7.4 billion from construction and investment sectors. As the CEO of Orascom Construction, he plays a pivotal role in Egypt's infrastructure development, holding the 345th position globally.


### 5. Abdulsamad Rabiu (Nigeria) – $5.9 billion


Abdulsamad Rabiu takes the fifth position, commanding a net worth of $5.9 billion derived from the cement and sugar industries. His role as the founder and CEO of BUA Group has significantly contributed to Nigeria's industrialization, earning him the 489th rank on the global wealth scale.


### 6. Nathan Kirsh (Eswatini) – $5.8 billion


Representing Eswatini, Nathan Kirsh secures the sixth spot with a diversified portfolio in retail and real estate. His influence extends globally, earning him the 497th position in the worldwide wealth rankings.


### 7. Issad Rebrab & Family (Algeria) – $4.6 billion


Hailing from Algeria, Issad Rebrab claims the seventh spot with a net worth of $4.6 billion rooted in the food industry. Despite challenges, his entrepreneurial spirit places him at the 647th position globally.


### 8. Mohamed Mansour (Egypt) – $3.6 billion


Mohamed Mansour emerges as the eighth richest person in Africa, commanding $3.6 billion with diversified business interests, contributing significantly to Egypt's economic landscape and securing the 854th spot on the global wealth rankings.


### 9. Naguib Sawiris (Egypt) – $3.3 billion


Naguib Sawiris, another luminary from Egypt, claims the ninth position with a net worth of $3.3 billion, primarily derived from the telecommunications sector. His contributions have played a pivotal role in advancing telecommunications infrastructure across Africa, earning him the 927th rank globally.


### 10. Mike Adenuga (Nigeria) – $3.1 billion


Rounding up the top 10 is Mike Adenuga from Nigeria, with a diversified wealth of $3.1 billion across telecommunications and oil industries. As the founder of Globacom and an oil exploration firm, Adenuga secures the 1031st position in worldwide wealth rankings.


In this exclusive lineup, each billionaire not only represents their individual triumphs but also mirrors the evolving narrative of Africa's business landscape. These economic titans, with their strategic ventures, contribute not only to personal prosperity but also to the continent's rising influence on the global stage. As we step into 2024, the stories of these visionaries underscore the vibranc y and potential of Africa's economic future.

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