Rankings of African Industries With the Most Billionaires in 2025
Africa has witnessed a remarkable surge in wealth creation, with entrepreneurship, industrial expansion, and increased intra-African trade under the African Continental Free Trade Area (AfCFTA) playing significant roles. This transformation is evident in the growing number of billionaires on the continent.
Leading the pack is Aliko Dangote from Nigeria, Africa's richest man with a net worth of $23.9 billion. Dangote, who owns the continent's largest industrial empire, is followed closely by Johann Rupert and Nicky Oppenheimer of South Africa, with net worths of $14 billion and $10.4 billion respectively.
In Egypt, Youssef Mansour heads the consumer goods division of the Mansour Group and has a net worth of 1.4 billion USD. His brother, Mohamed Mansour, oversees a conglomerate spanning automotive, finance, and retail with a net worth of 3.4 billion USD. Yasseen Mansour, another family member, focuses on logistics and other diversified operations within the empire, with a net worth of 1.2 billion USD.
Nassef Sawiris, another Egyptian billionaire, controls Orascom Construction and has significant holdings in Adidas, with a net worth of 9.2 billion USD. After building and selling Orascom Telecom, Naguib Sawiris diversified his 5 billion USD portfolio into tech and media.
Mohammed Dewji of Tanzania is the only billionaire in the pharmaceuticals & healthcare sector, with a net worth of $2.2 billion. Issad Rebrab of Algeria is the only billionaire in the food & agriculture sector, with a net worth of $3 billion.
In Morocco, Aziz Akhannouch is a billionaire in the energy & utilities sector with a net worth of 1.6 billion USD. Anas Sefrioui is the CEO of Addoha Group, specializing in affordable housing and construction, with a net worth of 1.6 billion USD. Othman Benjelloun is the CEO of BMCE Bank, with operations across over 20 African countries, and has a net worth of 1.8 billion USD.
Strive Masiyiwa of Zimbabwe is the founder of Econet Wireless and has a net worth of 1.2 billion USD. Femi Otedola is a billionaire in the energy & utilities sector with a net worth of 1.3 billion USD.
Koos Bekker, the only billionaire in the media & entertainment sector, has a net worth of 3.4 billion USD and has a strong influence in financial technology through Naspers' investments.
The African billionaire landscape has evolved, reflecting the continent's dynamic economic transformation. Currently, Africa has 22 billionaires with a combined net worth of $105 billion. However, it's important to note that Alice Tumushabe has never been listed as a billionaire on the Forbes Billionaires list.
Johann Rupert, Chair of Richemont, has a net worth of 13.4 billion USD and is active in conservation and social causes in South Africa. Michiel Le Roux, founder of Capitec Bank, has a portfolio of 2.4 billion USD.
These billionaires have made their fortunes in diverse sectors, including technology, telecommunications, media, pharmaceuticals, healthcare, food & agriculture, media & entertainment, energy & utilities, and more. Their success stories serve as a testament to Africa's growing economic potential and the opportunities that lie ahead.
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