- The joint wealth of African billionaires increased by $ 900 million (Ksh 116.46 billion), from $ 81.5 billion (KSh 10.55 trillion) in 2024 to $ 82.4 billion in 2025
- Aliko Dangote from Nigeria remains the richest man in Africa, with a wealth of $ 23.9 billion (KSh 3.09 trillion) by March 2025
- South African luxury products Johann Rupert ranks second with a wealth of $ 10.1 billion (Ksh 1.31 trillion)
Africa is in line with global economic reforms as shown by a $ 900 million increase (KSh 116.46 billion) of joint wealth among African billionaires from $ 81.5 billion (KSh 10.55 trillion) in 2024.
Source: UGC
The continent's economic growth is predicted to improve from 3.4% by 2024 to 3.7% in 2025 and more to 4.0% in 2026.
African billionaires in 2025 are showing various economic conditions of the continent, with wealth based on resources such as cement, oil, diamonds, luxury products, telecommunications and banks.
Nigeria And South Africa leads the list, winning seven of the top ten positions, followed by Egypt in three positions.
Who are the richest ones in Africa?
According to the Forbes billionaire list, these are the richest in Africa and their businesses:
1. Aliko Dangote – Nigeria
Leading the list is once again a Nigerian industrial trader Aliko Dangote, whose value has risen to an average of $ 23.9 billion (KSh 3.09 trillion) by March 2025.
The 67 -year -old's wealth is sponsored by the Dangote group, a coalition with large stocks of cement, sugar and gasoline. Its crown masterpiece, Dangote's oil refinery, the largest oil refinery in Africa, started full work in 2024, producing up to 500,000 barrels of crude oil a day by early 2025.
Dangote's vision is more widespread in oil, with plans to expand its fertilizer factory and list a public cleaning factory within the next two years.
2. Johann Rupert – South Africa
South African luxury products Johann Rupert holds second place in a wealth of $ 10.1 billion (KSh 1.31 trillion). At the age of 74, Rupert leads the Compagnie Financiere Richemont, a famous brand of brands such as Cartier and Montblanc.
Despite a slight decline from $ 10.7 billion (KSh 1.38 trillion) in 2023 due to a decline in stock prices, his empire remains an international leader in the luxury industry. Rupert's wealth is further enhanced by its investment through Remgro, a South African investment company with interest in banks, health care, and consumer products.
3. Nicky Oppenheimer – South Africa
79 -year -old Nicky Oppenheimer ranks third among Africa's richest with a wealth of $ 9.4 billion (KSh 1.22 trillion).
Nicky's wealth is associated with different portfolio, including personal investment and shares in the joint venture in the continent, especially the diamond business.
4. Nassef Sawiris – Egypt
Egyptian billionaire Nassef Sawiris, 64, is proud of a wealth of $ 8.7 billion (KSh 1.13 trillion), pushed by his OCI NV leadership, an international leader in construction and fertilizer.
Sawiris is committed to improving infrastructure in Africa and the Middle East. His investment also involved sports, with a huge stock in Adidas and ownership interests at Aston Villa football club in the Premier League.
5. Mike Adenuga – Nigeria
The 71 -year -old Nigerian telecommunications champion collects five richest Africans with a wealth of $ 6.9 billion (KSh 892.86 billion).
Adenuga's wealth is contributed by Globacom, one of the largest telecommunications companies in Africa, and its oil research company, Conoil Producing.
Other billionaires in Africa:
6. Abdulsamad Rabiu ($ 5.9 billion, KSh 763.46 billion, Nigeria)
7. Naguib Sawiris ($ 3.8 billion, KSh 491.72 billion, Egypt)
8. Michiel Le Roux ($ 1.6 billion, KSh 207.04 billion, South Africa)
9. Koos Bekker ($ 2.7 billion, KSh 349.38 billion, South Africa)
10. Patrice Motsepe ($ 2.7 billion, KSh 349.38 billion, South Africa)
20 people the richest in the world
Previously, TUKO.co.ke reported that US technology billionaires Elon Musk, Mark Zuckerbergand Jeff Bezos continue to lead the world's richest list, followed by French rich man Bernard Arnault and co -founder of Oracle Larry Ellison.
Popular billionaires such as Bill Gates, Larry Page, Warren Buffett, and Sergey Brin have also entered the list.
According to Bloomberg billionaires, the first two months of 2025 have been celebrated by a high value of general value due to changes in the international technology industry, including the decline in the market that benefited the Deepseek owned by China.
Elon Musk He leads the package with a wealth of $ 330 billion, especially from Tesla, Spacex, and X Corp, despite losing $ 132 billion between January and March 2025 due to the decline in Tesla's stock.
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Source: TUKO.co.ke
