Top 15 Richest Men in Africa 2022

For ten years, Nigeria has been boastful of having one of its citizens in the first position, regarding the list of the Richest Men in Africa released by Forbes annually.

Aliko Dangote, a Nigerian business mogul is Africa’s Richest Man and has held the position for 10 years so far.

Africa as a continent is known to be blessed with several natural & mineral resources like oil, diamond, among others. As a result, Africans have been monetizing and investing in different aspects of it, which has helped boost the economies of Africa countries over the years.

The sum total of the net worth of these 15 richest men in Africa amounts to $77 billion.

These Africa billionaires have been able to generate their wealth through investments in the areas of oil & gas, trades & retails, telecom, buying of shares, construction & engineering, manufacturing businesses and many more. See the list of the richest Men in Africa below.

Related: Top 10 Richest Musicians in Nigeria.

These are the 15 Richest Men in Africa 2022

Below is the detailed list of 15 richest men in Africa 2022 in a descending form of arrangement.

15. Othman Benjelloun

• Net Worth: $1.3 billion.
• Date of Birth: 1931.
• Citizenship: Morocco.
• Education: Ecole Polytechnique de Lausanne.
• Industry: Finance & Investments.
• Source of Wealth: Finance and other Investments.

Othman Benjelloun, a Moroccan businessman is the co-founder, CEO and chairman of BMCE bank. He is also the chairman of Mediatelecom, a telecom operator in Morocco.

His net worth has been estimated to be $1.3 billion, making him one of the richest men in Africa.

14. Youssef Mansour

• Net Worth: $1.5 billion.
• Date of Birth: 1940.
• Citizenship: Egypt.
• Education: North Carolina State University (Bachelor of Science in Engineering).
• Source of Wealth: Investments.

Youssef Mansour is the co-owner of Mansour group, a multinational company in Egypt. The company is the 5^th largest distributor of Caterpillar INC. products in the world and also largest General Motors dealer in the world.

He is also one of the richest men in Africa and has a net worth which has been estimated to be $1.5 billion.

13. Mohammed Dewji

• Net Worth: $1.6 billion.
• Date of Birth: May 8, 1975.
• Citizenship: Tanzania.
• Source of Wealth: Investments.

Mohammed Dewji is a Tanzanian businessman and was once a politician IN Tanzania.

He is currently among the richest people in Africa 2022, as he has an estimated net worth of $1.6 million.

Mohammed Dewji is the youngest billionaire in Africa to be rated in Forbes list of the wealthiest African men.

He is the CEO of his father’s company called METL. METL has diversified areas of investments like; manufacturing, finance, insurance, agriculture, real estate, trading and others.

12. Aziz Akhannouch

• Net Worth: $2 billion.
• Date of Birth: 1961.
• Citizenship: Morocco.
• Education: University de Sherbrooke (Master of Business Administration).
• Industry: Oil and Gas.
• Source of Wealth: Oil production, and other Investments.

Another business tycoon in this list of the richest men in Africa 2022 is Aziz Akhannouch. His net worth has been estimated to be at $2 billion.

Aziz Akhannouch is the CEO of the Akwa Group, which was founded by his father. The company deals in the sector of oil and gas.

He is also known as a Moroccan politician and as at the time of this post, he is currently the prime minister of Morocco. Aziz is among the wealthiest people in Africa 2022.

11. Mohamed Mansour

• Net Worth: $2.5 billion.
• Date of Birth: 1948.
• Citizenship: Egypt.
• Education: Auburn University (Master of Business Administration).
• Source of Wealth: Investments.

Mohamed Mansour is a billionaire businessman in Egypt knowns as the chairman of the family business called the Mansour Group which is the second largest company by revenue in Egypt.

He has an estimated net worth of $2.5 billion, making him one of the richest men in Africa.

Mohammed Mansour used to be a politician and he had served as the minister of transport in the past.

10. Koos Bekker

• Net Worth: $2.8 billion.
• Date of Birth: December 14, 1952.
• Citizenship: South Africa.
• Education: University of Witwatersrand (LLB).
• Industry: Media & Entertainment.
• Source of Wealth: Investments, Media & Entertainment.

Koos Bekker is another South African billionaire business mogul, who is the founder of Naspers, a multinational holding company in South Africa.

He is one of the richest men in Africa and has an estimated net worth of $2.8 billion.

9. Patrice Motsepe

• Net Worth: $3.1 billion.
• Date of Birth: January 28, 1962.
• Citizenship: South Africa.
• Industry: Metals & Mining.
• Source of Wealth: Mining business.

Patrice Motsepe was the first black African to be appear in Forbes 2008 list of the richest people in Africa.

He is a popular South Africa business person, known as the Founder & CEO of African Rainbow Minerals. The company is into mining, particularly into gold, ferrous metals, platinum, and base metals.

In 2012, Patrice was named the richest man in South Africa, but however dropped as later on. His estimated net worth is currently $3.1 billion and he is among the Africa’s richest people.

SEE: The 10 Richest People in South Africa.

8. Naguib Sawiris

• Net Worth: $3.2 billion.
• Date of Birth: June 15, 1954.
• Citizenship: Egypt.
• Education: Swiss Federal Institute of Technology (Bachelor of Arts & Science).
• Industry: Telecom.
• Source of Wealth: Telecom business.

Naguib Sawiris’s estimated net worth is $3.2 billion and has made it to the list of the richest people in Africa.

He is billionaire in Egypt known for telecom business. Naguib is the CEO and chairman of Orascom Telecom Holding, an information technology and telecommunications company in Egypt.

7. Issad Rebrab

• Net Worth: $4.8 billion.
• Date of Birth: May 27, 1944
• Citizenship: Algeria.
• Industry: Food & Beverage.
• Source of Wealth: Food & Beverage manufacturing.

Issad Rebrab is an Algerian industrialist, who is the CEO of Cevital Industrial Group, the largest private-owned company in Algeria.

The company’s area of business include food, agribusiness, steel, and electronics.

His company, Cevital owns one of the world’s largest sugar refineries and it produces about 2 million tons of sugar a year.

Issad Rebrab is among the richest men in Africa and he has a net worth of $4.8 billion.

6. Abdulsamad Rabiu

• Net Worth: $6.8 billion.
• Date of Birth: August 4, 1960.
• Citizenship: Nigeria.
• Education: Capital University in Columbus, Ohio.
• Source of Wealth: Cement & Sugar.

Abdulsamad Rabiu is another Africa billionaire, he is a Nigerian business man who founded and chairs the BUA Group, a multi-industrial company in Nigeria.

He has an estimated net worth of $6.8 billion, making him one of Africa’s richest men in 2022.

The BUA group is divided into BUA cement, BUA sugar, BUA ports & terminals, BUA estates, and BUA oils. It could be deducted that the BUA Group involves estate business, likewise in the production of sugar, cement, oil; and distribution of ports & terminals.

Abdulsamad Rabiu is also widely recognized as one of the richest people in Nigeria.

5. Mike Adenuga

• Net Worth: $7.2 billion.
• Date of Birth: April 29, 1953.
• Citizenship: Nigeria.
• Education: Pace University (Master of Business Administration).
• Source of Wealth: Telecom, Oil and Gas.

Mike Adenuga is a Nigerian business magnate known as the CEO and founder of a telecom company in Nigeria called Globacom (Glo).

He has an estimated net worth of $6.3 billion. Mike Adenuga is the second richest in Nigeria and one of the richest men in Africa 2022.

Mike Adeniyi Adenuga Jr is also into Oil & Gas as he is the founder and chairman of Conoil, an oil industry in Nigeria.

2. Nassef Sawiris

• Net Worth: $8.6 billion.
• Date of Birth: January 19, 1961.
• Citizenship: Egypt.
• Education: University of Chicago (Bachelor of Arts & Science).
• Industry: Construction & Engineering.
• Source of Wealth: Construction, Chemicals production.

Nassef Sawiris is a billionaire businessman in Egypt known as the CEO of Orascom Construction Industries and the Executive chairman of Aston Villa F.C (football club).

His net worth has been estimated to be $8.6 billion, making him one of the richest men in Africa.

The Orascom Construction Industries was divided into two in 2015 by Sawiris as Orascom Construction and OCI. The OCI when he runs is among the world’s largest producers of fertilizer. The Orascom Construction involves actively in the construction of buildings and engineering.

3. Nicky Oppenheimer

• Net Worth: $8.7 billion.
• Date of Birth: June 8, 1945.
• Citizenship: South Africa.
• Education: Oxford University Christ Church (Master of Arts & Science).
• Industry: Metal & Mining.
• Source of Wealth: Diamond Trading.

Nicky Oppenheimer is one of the richest people in Africa 2022 as he has a net worth of $8.7 billion.

He is a South African business man and the former chairman of De Beers Group, a Diamond mining company.

Oppenheimer was also the chairman of the Diamond Trading Company (DTC) but Nicky Oppenheimer retired after selling the family stake to Anglo American. His personal stake was said to be about %40 which amounted to $5.1 billion. Nicky Oppenheimer is the richest man in South Africa.

2. Johann Rupert

• Net Worth: $11 billion.
• Date of Birth: June 1, 1950.
• Citizenship: South Africa.
• Industry: Fashion & Retail.
• Source of Wealth: Luxury Goods and Fashion business.

Johann Rupert, a South African Entrepreneur is second richest man in Africa with an estimated net worth of $11 billion.

He chairs Richemont, a Swiss-based luxury-goods company and Remgro, a South African-based company.

Johann Rupert also founded Rand Merchant Bank in 1979 and was its CEO for some time and left for his father’s company, the Rembrandt Group.

1. Aliko Dangote

• Net Worth: $14.7 billion.
• Date of Birth: April 10, 1957.
• Country: Nigeria.
• Education: Al-Azhar University (Bachelor of Arts & Science).
• Industry: Manufacturing.
• Source of Wealth: Sugar & Cement business.

Aliko Dangote, the richest man in Africa with a leading estimated net worth of $14.7 billion, is the Chairman and founder of the Dangote Group, an Industrial Conglomerate.

He is a Nigerian business mogul who firstly established his business in 1977 as a small trading firm and today, his company is one of the largest companies in Africa.

The Dangote Group is basically a manufacturing company and it is widely known for its refinery business and likewise its cement, sugar, salt, and flour productions.

It is a major supplier of sugar in Nigeria and in fact, it supplies about 70% of sugar to soft drinks companies and breweries companies in Nigeria.

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Summary: Richest Men in Africa

Here is  a recap of the list of the 15 richest men in Africa and their net worth.

• Aliko Dangote- $14.7 Billion.
• Johann Rupert- $11 Billion.
• Nicky Oppenheimer- $8.7 Billion.
• Nassef Sawiris- $8.6 Billion.
• Mike Adenuga- $7.2 Billion.
• Abdulsamad Rabiu- $6.8 Billion.
• Issad Rebrab- $4.8 Billion.
• Naguib Sawiris- $3.2 Billion.
• Patrice Motsepe- $3 Billion.
• Koos Bekker- $2.8 Billion.
• Mohamed Mansour- $2.5 Billion.
• Aziz Akhannouch- $2 Billion.
• Mohammed Dewji- $1.6 Billion.
• Youssef Mansour- $1.5 Billion.
• Othman Benjelloun- $1.3 Billion.

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