The 2023 edition of Forbes Africa’s annual list of the continent’s wealthiest individuals included 19 billionaires from seven different nations.
The projected net worth of the 19 billionaires on the continent, according to Forbes Africa, is $81.8 billion, down from the $84.9 billion owned by the 18 billionaires on the continent one year earlier.
The decline comes after a dip in the world economy in 2022 brought on by the Covid-19 epidemic and other circumstances.
Aliko Dangote of Nigeria remains at the top of the list for the 12th year in a row, with a net worth of $13.5 billion, up $2 billion from last year.
Dangote founded and is the chairman of the Dangote Group, Africa’s largest cement producer.
He is followed by Nicky Oppenheimer and Johann Rupert, both South Africans who have challenged his dominance.
Oppenheimer is the former chairman of De Beers, and his net worth is $8 billion, up $1.5 billion from last year. Rupert is the chairman of the Richemont luxury goods group and has a net worth of $7.2 billion, up $1.4 billion from last year.
Mike Adenuga, the owner of telecom giant Globacom and oil company Conoil Producing, takes fourth place. He has a net worth of $6.3 billion, which is $300 million less than last year.
Nassef Sawiris of Egypt, who owns a stake in Adidas and runs OCI, one of the world’s largest nitrogen fertilizer producers, takes fifth place.
He has a net worth of $6 billion, which is $200 million less than last year.
Forbes list of richest persons in Africa
- Aliko Dangote (Nigeria) – $13.5 billion
- Johann Rupert (South Africa) – $10.7 billion
- Nicky Oppenheimer (South Africa) – $8.4 billion
- Abdulsamad Rabiu (Nigeria) – $7.6 billion
- Nassef Sawiris (Egypt) – $7.2 billion
- Mike Adenuga (Nigeria) – $5.6 billion
- Issad Rebrab (Algeria) – $4.6 billion
- Naguib Sawiris (Egypt) – $3.3 billion
- Mohamed Mansour (Egypt) – $3 billion
- Patrice Motsepe (South Africa) – $2 billion
- Isabel dos Santos (Angola) – $1.8 billion
- Strive Masiyiwa (Zimbabwe) – $1.7 billion
- Koos Bekker (South Africa) – $1.5billion
- Aziz Akhannouch (Morocco) – $1.4billion
- Mohammed Dewji (Tanzania) – $1.3billion
- Othman Benjelloun (Morocco) – $1.2billion
- Youssef Mansour (Egypt) – $900 million
- Yasseen Mansour (Egypt) – $800 million
- Folorunsho Alakija (Nigeria) – $600 million
