Top 10 Richest People In Africa  2024

Top10sList.com  presents the Top 10 Richest People In Africa at the start of 2024 courtesy of the Forbes real-time billionaires list.

Discover the top 10 richest people in Africa in the year 2024. These individuals have achieved great success in various industries and have amassed significant wealth over the years. Learn about the African billionaires and their inspiring success stories. Explore the wealth and diversity of Africa’s business landscape and the potential for economic growth on the continent.

Johann Rupert & family have displaced Aliko Dangote from the top position as of January 2024.

Top 10 Richest People In Africa  2024

Rank        Name                       Net Worth               Country.      Industry           Global Rank

1. Johann Rupert & Family – $10.3 Billion – South Africa -Luxury Goods – 192Nd
2. Aliko Dangote -$9.5 Billion – Nigeria -Cement, Sugar – 228Th
3. Nicky Oppenheimer & Family -$8.3 Billion -South Africa -Diamonds – 283Rd
4. Nassef Sawiris – $7.4 Billion Egypt – Construction And Investments – 345Th
5. Abdulsamad Rabiu – $5.9 Billion – Nigeria – Cement, Sugar – 489Th
6. Nathan Kirsh – $5.8 Billion – Eswatini (Swaziland) – Retail, Real Estate 497Th
7. Issad Rebrab & Family – $4.6 Billion – Algeria – Food – 647Th
8. Mohamed Mansour – $3.6 Billion – Egypt – Diversified – 854Th
9. Naguib Sawiris – $3.3 Billion – Egypt – Telecom – 927Th
10. Mike Adenuga – $3.1 Billion – Nigeria – Telecom, Oil – 1031St

This list is courtesy of the Forbes Daily billionaires ranking platform, which tracks daily changes to the net worth of the most high-net-worth individuals across the globe.

Top 10 Richest People In Africa  2024

1. Johann Rupert & Family- $10.3 billion (South Africa, Luxury goods)                                                                       Johann Rupert, a South African entrepreneur, occupies the First on the list. He is the chairman of Richemont, a luxury goods company that owns brands like Cartier, Montblanc, and Dunhill. Rupert’s net worth is estimated to be around $10.3 billion.
2. Aliko Dangote – $9.5 billion (Nigeria, Cement, Sugar)Aliko Dangote, a Nigerian businessman has dropped from his previous first position as the richest person in Africa in 2023 to position 2.. He is the founder and CEO of Dangote Group, a conglomerate with interests in cement, sugar, flour, and other industries. Dangote’s net worth is estimated to be over $9.5 billion, making him one of the top 2 wealthiest individuals in Africa .
3. Nicky Oppenheimer & Family – $8.3 billion (South Africa, Diamonds).                                                                     Nicky Oppenheimer, a South African businessman, holds the third spot on the list. He is the former chairman of De Beers, the world’s leading diamond company. Oppenheimer’s wealth primarily comes from his family’s diamond mining business. His net worth is estimated to be around $8.3 billion.
4. Nassef Sawiris – $7.4 billion (Egypt, Construction and investments)                                                                             Nassef Sawiris, an Egyptian businessman, is the 4th richest person in Africa in 2024. He is the CEO of Orascom Construction Industries and has investments in various sectors, including cement, chemicals, and real estate. Sawiris’ net worth is estimated to be over $7.4 billion.
5. Abdulsamad Rabiu – $5.9 billion (Nigeria, Cement, Sugar) Nigerian cement and sugar tycoon Abdulsamad Rabiu has become at least $650 million richer after merging Kalambaina Cement, a subsidiary company of his BUA Cement, with publicly traded Cement Company of Nigeria (CCNN), where he was the controlling shareholder.
6. Nathan Kirsh – $5.8 billion (Eswatini, Retail, Real estate)
   Kirsh made his first fortune in his native Swaziland, where he launched a corn milling business in 1958. He expanded into wholesale food distribution in apartheid South Africa, and then into supermarkets and commercial property development.
7. Issad Rebrab & Family – $4.6 billion (Algeria, Food) Issad Rebrab, is an Algerian billionaire businessman, CEO of the Cevital industrial group, the largest private company in Algeria, active in steel, food, agribusiness and electronics. In 2019, he was sentenced to six months for tax, banking and customs offenses.
8. Mohamed Mansour– $3.6 billion (Egypt, Diversified) Mohamed Mansour is an Egyptian billionaire businessman and former politician. He is the chairman of Mansour Group, a US$6 billion conglomerate. In November 2023, Forbes estimated his wealth at $3.6 billion.
9. Naguib Sawiris– $3.3 billion (Egypt, Telecom)
   Naguib Onsi Naguib Sawiris is an Egyptian entrepreneur and businessperson who founded Global Telecom Holding SAE, Wind Telecom SpA and Yup Technologies, Inc. and who has been at the helm of 12 different companies.
10. Mike Adenuga – $3.1 billion (Nigeria, Telecom, Oil) Mike Adenuga, a Nigerian businessman, is the 1Oth  richest person in Africa in 2024. He is the founder of Globacom, a telecommunications company, and also has investments in the oil and gas industry. Adenuga’s net worth is estimated to be over $3.1 billion.

As the African continent continues to experience economic growth and development, the number of billionaires and millionaires is also on the rise. In this blog post, we will take a look at the top 10 richest people in Africa in the year 2024. These individuals have achieved great success in various industries and have amassed significant wealth over the years.

These individuals represent the wealth and diversity of Africa’s business landscape. Their success stories serve as inspiration for aspiring entrepreneurs and demonstrate the potential for economic growth on the continent. As Africa continues to develop, it is likely that we will see more individuals joining the ranks of the richest people in the coming years.