Americanbusinessmagazine Forbes recently released the list of the richest people in Africa.

Full list of 18 richest people in Africa and their sources of income

1.

His main source of income comes from cement and sugar sales.

Aliko Dangote speaking at a past event.

Aliko Dangote is the richest African. Photo: Getty Images.Source: Getty Images

Nassef Sawiris

The Egyptian rakes in billions of shillings from construction and investments in diverse sectors.

The 60-year-old is the youngest of Onsi Sawiris' three sons.

In 2021, he was considered to be the richest Arab as well as the second richest African.

Article image

Read also

Johann Rupert: 2nd richest man in SA increases wealth over pandemic

3.

Nicky Oppenheimer

Oppenheimer is the richest South African and third in the continent.

He previously served as the chairman of De Beers diamond mining company and its Diamond Trading Company subsidiary.

Article image

Read also

In 2012, however, he sold his family’s 40% stake to mining giant AngloAmerican.

Johann Rupert

The 71-year-old South African is among the richest men in Africa.

His source of income is mainly luxury goods.

Article image

Read also

He serves as the chairman of the Swiss-based luxury goods company Richemont and the South Africa-based company Remgro.

His fortunes also originate from the multi-billion oil sector.

Abdul Samad Rabiu

Abdul Samad is a Nigerian billionaire businessman and philanthropist.

Article image

Read also

He earns money from cement and sugar sales.

Top 20 richest people in UK 2021 and some interesting facts!

Naguib Sawiris

Naguib is the elder brother of Nassef Sawiris.

Article image

Read also

The 67-year-old is the chairman of Weather Investments' parent company and chairman and CEO of Orascom Telecom Holding.

Patrice Motsepe

Motsepe is a South African mining billionaire businessman.

He is the chairman of the media group Naspers.

The Mansour Group is the largest general motors dealer globally and the fifth-largest distributor of Caterpillar Inc. products globally.

15 richest kings in Africa and their current net worth in 2024

12.

Aziz Akhanouch

The Moroccan businessman who currently heads the agriculture ministry.

The 60-year-old is the CEO of Akwa Group, a Moroccan conglomerate active in the oil and gas sectors.

Mohammed Dewji

Dewji, 46, who hails from Tanzania, is ranked as therichest East African.

His sources of income are diversified.

Youssef Mansour

The Egyptian billionaire co-owns the Mansour Group.

Othman Benjellon

The Moroccan banker billionaire is known for co-founding BMCE Bank and Bank of Africa.

He serves as its chairman and chief executive officer.

Strive Masiyiwa

Who are the richest women in South Africa?

Masiyiwa is a London-basedZimbabwean billionairebusinessman and philanthropist.

He is the founder and executive chairman of the international technology group Econet Global.

Yasseen Mansour

Yasseen is a member of the Mansour family, which owns the Mansour Group.

He is also the chairman of Palm Hills Developments, one of Egypt’s largest real estate developers.

Enjoyed reading our story?

Download BRIEFLY’s news app onGoogle Playnow and stay up-to-date with major South African news!

Source: Briefly News

Thando MpembeThando Mpembe is a sports journalist who has a passion for all things entertainment.

In her spare time, Thando enjoys reading and spending time with family.

She is an advocate for mental health and believes that a healthy body starts with a healthy mind.

Thando holds an Honours Degree in Journalism from the University of Johannesburg.

Her favourite quote is “Gentle reminder - you are not for everyone and that is a blessing”.

Email: thando.mpembe@briefly.co.za