THE 10 RICHEST AFRICANS IN 2017 AND HOW THEY MADE THEIR MONEY
Aliko Dangote, the 67th richest man in the world still retains his position as the richest man in Africa according to the Forbes 2017 African Billionaires ranking, while South African Nicky Oppenheimer is currently the second richest man in Africa. The list of the 10 richest man is dominated by billionaires from 5 African Countries; Nigeria, South Africa, Egypt, Angola, and Algeria.
Below is a list of the 10 Richest Africans, their net worth and their source of income:
1. Aliko Dangote: $12.1B
Africa's richest man, Aliko Dangote is a 59 years old Nigerian billionaire from Kano State. He acquired his wealth by dominating the commodities market in Nigeria, Benin, South Africa, Cameroon, Togo, Ethiopia, Senegal, Tanzania, and Zambia. The founder of Dangote Group, the largest industrial conglomerate in West Africa that currently employs over 26000 individuals in Africa also owns the largest refinery in Africa and third in the world. He makes his money from Sugar, Floor, Cement, Real Estate, Textile, Transport, and Oil and gas.The company owns salt factories and flour mills and is also a major importer of fish, pasta, rice, fertilizers, and cement. Dangote Group also exports cashew nuts, ginger, cocoa, cotton and sesame seed.
2. Nicky Oppenheimer: $7B
South Africa's Richest man Nicky Oppenheimer is a 71 years old businessman and philanthropist. Nicholas F. Oppenheimer was formerly the Chairman of De Beers Diamond mining company and it's subsidiary, the Diamond Trading Company, he was also former Deputy Chairman of the Anglo American Corporation.
Currently operating in 28 countries, the De Beers Group of Companies has a leading role in the diamond exploration, diamond mining, diamond retail, diamond retail and industrial diamond manufacturing sectors.
Anglo American plc is a multinational mining company based in Johannesburg, South Africa, and London, United Kingdom. It is the world's largest producer of platinum, with around 40% of world output, as well as being a major producer of diamonds, copper, nickel, iron ore and metallurgical and thermal coal. The company has operations in Africa, Asia, Australasia, Europe, North America and South America. (Wikipedia)
3. Mike Adenugba: 5.8B
Nigeria's second richest man Michael Adeniyi Agbolade Ishola Adenuga Jr is a 63 years old business tycoon. He owns Globacom, Nigeria's second-largest telecom operator, stakes in the Equatorial Trust Bank and oil exploration firm Conoil.
Mike Adenugba's company Globacom currently operates in Nigeria, Ghana, Benin and in 2015, he made a takeover bid to purchase Ivorian mobile telecom's operator Comium Côte d'Ivoire for $600 million.
4. Johann Rupert: $5.5B
Johann Peter Rupert is the eldest son of South African business Tycoon, Anthony Edward Rupert. Johan Rupert is the Chairman of Swiss-based luxury-goods company Richemont, he is also the chairman of South Africa-bases Company Remgro.
The 66 years old entrepreneur is currently the Chairman and Chief Executive Officer of Compagnie Financiere Richemont. Compagnie Financière Richemont, through its various subsidiaries, Richemont designs, manufactures, distributes and sells premium jewelry, watches, leather goods, writing instruments, firearms, clothing, and accessories.
4. Christoffel Wiese: $5.5B
Christoffel Wiese also known as the Sam Walton of Africa is a 75 years old South African businessman, he made his wealth from consumer retail. He owns 15% of Africa's largest retailer (Shoprite) and 17% of global retail holding firm Steinhoff.
Christoffel Wiese grew Shoprite from a chain of eight supermarkets to the behemoth it is today that currently employs over 136,000 people.
6. Nassef Sawiris: $5.3B
Nassef Sawiris is a 56 years Egyptian billionaire businessman. He is the CEO of Orascom Construction Industries, a leading engineering, procurement, and construction (EPC) contractor and fertilizer producer based in Cairo, Egypt, and active in more than 25 countries and was a board member of NASDAQ Dubai from July 2008 - June 2010
He has a 6% stake in German sporting goods maker Adidas AG, he is also the third-largest shareholder in Swiss cement maker LarfargeHolcim Ltd., created in 2015 by a merger of the industry’s biggest companies, and is the biggest investor in Dutch fertilizer company OCI N.V.
7. Naguib Sawiris: $3.7B
Naguib Sawiris is a 62 years Egyptian billionaire businessman, he is the elder brother of Egypt's richest man Nassef Sawiris. He is the Chairman of Wind Telecom S.p.A’s parent company and Chairman of Global Telecom Holding S.A.E.
Wind Telecom S.p.A. is a leading international telecommunications company offering mobile, fixed, Internet and international communication services to about 100 million subscribers in Algeria, Bangladesh, Egypt, Italy, Pakistan and North Korea.
8. Isabel dos Santos: $3.2B
Isabel dos Santos is a 43 years old Angolan investor and the eldest daughter of long serving Angolan President José Eduardo dos Santos. She is currently considered by Forbes to be the richest woman in Africa and the only woman in the top 10 richest Africans.
She quickly and systematically garnered significant stakes in Angola's strategic industries - banking, cement, diamonds and telecom, making her the most influenctial businessperson in Angola while more than half of her assets are held in publicly traded Portuguese companies, adding international credibility.
9. Issad Rebrab $3.1B
Issad Rebrab is a 72 year old Alegerian billionaire businessman. He is the CEO of CEVITAL, the largest private conglomerate in Algeria.
CEVITAL, the first private company in Algeria currently has about 26 subsidiaries on 3 continents and employs around 18000 people. The company has interests in the agri-food sector, retail, industry and services.
10. Mohamed Mansour: $2.7B
Mohamed Mansour is a 69 years old Egyptian businessman and former politician. He is the chairman of the Mansour Group, the second largest company in Egypt by revenue.
Mansour Group is multinational conglomerate founded in Egypt, it currently employs around 60000 people and has operations in about 120 countries. It is the largest General Motors dealer in the world, and the fifth largest distributor of Caterpillar Inc. products globally. The company also has contracts in Egypt to represent a range of international brands, including McDonald’s, Chevrolet, Red Bull, UPS and Imperial Brands.
You have to understand that the most of the above billionaires are people like me and you and at one point, they also struggle through challenges and issues. One of the best ways you can create and maintain wealth is by following the lead of people who have already done it. A number of people in the list above got their wealth through inheritance, the rest of them created their wealth through businesses.
If you want to survive and prosper in the of 21st century, emulate the habits of the world’s richest people. Educate yourself about money. Make conservative investments. And seize opportunities to start and/or invest in entrepreneurial businesses.
Comments
Post a Comment