American Business Magazine, Forbes has released its list of top 10 African Billionaires in 2021.READ ALSO: Breaking: Eddie Nartey Loses Wife, Vida Ohenewaah Nartey, Confirms In A Post On IG
Every year, Forbes ranks the world based on variety of categories from the wealthiest people on the planet as well as other interesting categories.
The magazine features original articles on finance, industry, investing, and marketing topics.
They have released the top 10 Richest men in Africa.
Aliko Dangote
Aliko Dangote has maintained his position as the richest man in Africa. He is the owner of Dangote Cement which is the largest Cement production company in Africa with a market capitalization of of almost US$14 billion on the Nigeria Stock Exchange and has subsidiaries in Benin, Cameroon, Ghana, Nigeria, South Africa and Zambia. The business mogul also owns one of the biggest sugar production company in Nigeria. His net worth is $12.1BN.
2. Nassef Sawiris
Nassef Onsi Sawiris is an Egyptian billionaire businessman, the youngest of Onsi Sawiris’ three sons. As of April 2019, his net worth was estimated to be $7.5 billion, and the fourth richest African in 2019, according to Forbes. He is the owner of Orascom Constructions. His net worth is $8.5BN.
3. Nicholas F. Oppenheimer
He is a South African Billionaire Businessman who operates in Diamonds. He was formerly the chairman of De Beers diamond mining company and of its subsidiary, the Diamond Trading Company, and former deputy chairman of Anglo American. His net worth is $8BN.
4. Johann Rupert
The Chairman of the wiss-based luxury-goods company Richemont and the South Africa-based company is the eldest son of the late Business Tycoon, Anton Rupert. He is a South African entrepreneur. His net worth is $7.2BN.
5. Mike Adenuga
Chief Michael Adeniyi Agbolade Ishola Adenuga Jr is the fifth richest man in Africa this year. He owns the second biggest telecommunication company in Nigeria. His net worth is $6.3BN.
6. Abdul Samad Rabiu
Abdul Samad Isyaku Rabiu CON is a Nigerian billionaire businessman and philanthropist. His late father, Khalifah Isyaku Rabiu, was one of Nigeria’s foremost industrialists in the 1970s and 1980s He is the owner of BUA Group which deals in cement production and sugar. His net worth is $5.5BN.
7. Isaab Rebrab
He happens to be No.7 on Forbes list of African Billionaire 2021. He owns a food company called Cevital Industrial Group which is the largest private company in Algeria and also deals in steel, agribusiness and electronics. His net worth is $3.2BN.
8. Naguib Onsi Sawiris
He is the brother of the 2nd Richest man in Africa. He is the Chief Executive Officer of Orascom Telecom Holding. He is also the Chairman of the Weather Investments Parent Company. His net worth is $3.2BN.
9. Patrice Motsepe
Patrice Tlhopane Motsepe is a South African mining billionaire businessman of Tswana descent. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum. His net worth is $3BN.
10. Koos Bekker
Jacobus Petrus “Koos” Bekker is the Chief Executive Officer of Naspers. Naspers is a media group which operates in 130 countries. The company is also listed on the Johannesburg and London stock exchange. His net worth is $2.8BN.
