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September 17, 2012

The Top 10 Richest in Africa

No.1 Aliko Dangote


Net Worth:$11.2 billion – As of March. 2012
Source of wealth: sugar, flour, cement , self-made
Age:54 ,Citizenship: Nigeria , Residence: Lagos, Nigeria
Marital Status: Married, Children:3
Aliko Dangote is Africa’s and Nigeria’s Richest Man as of 2012 according to Forbes Magazine with a net worth of $11.2 billion.

No.2 Nicky Oppenheimer & family


Net Worth:$6.8 billion – As of March 2012
Source of wealth: De Beers, inherited
South Africa’s Richest Person: #1
Age:66 , Citizenship : South Africa , Residence: Johannesburg, South Africa
Marital Status: Married, Children:1
Nicky Oppenheimer is worth $6.8 billion. He is the richest person in South Africa and is the 139th richest person in the world. How did he get rich? He is the chairman of De Beers diamonds, of course, and also has a significant interest in Anglo-American plc, the gold mining company. He also owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa.

No.3 Nassef Sawiris


Net Worth:$5.1 billion  – As of March 2012
Egypt’s Richest Person: #1
Source: construction, inherited and growing
Age:51 , Citizenship: Egypt , Residence: Cairo, Egypt
Nassef Sawiris is Onsi’s youngest son and is worth $5.5 billion. He is the richest person in Egypt, and the 199th richest person in the world. He took over leadership of Orascom’s construction and fertiliser division in the late nineties and sold its cement business to Lafarge in 2007, although he still owns a stake and sits on the French company’s board. He is also the largest shareholder in Texas Industries.

No.3 Johann Rupert & family


Net Worth:$5.1 billion - As of March 2012
Source: Luxury goods, inherited and growing
Age: 61 , Citizenship: South Africa, Residence: Stellenbosch, South Africa
Marital Status: Married, Children:3
Johann Rupert is the second-richest person in South Africa, being worth $5.1 billion. He is the 199th richest person in the world, and made his money from Richemont, the Swiss luxury group that owns Cartier, Dunhill, Chloe bags and MontBlanc pens. The company purchased online fashion portal Net-a-Porter. Remgro, his South African holding company purchased VenFin earlier in 2010. He also owns Rupert & Rothschild and L’Ormarins wine estates, and one of South Africa’s most exclusive golf clubs.

No.5 Mike Adenuga


Net Worth:$4.3 Billion – As of March 2012
Source of wealth: Telcom, banking, oil, self-made
Age:58 , Citizenship: Nigeria , Residence:Lagos, Nigeria
Marital Status: Married
Mike Adenuga is the second-richest person in Nigeria with a fortune of $4.3 Billion. He is the 248th richest person in the world and made his money in telecommunications with Globacom, a carrier that has recently launched its 4G network. The company has also invested in the submarine cable connecting Nigeria to the world. His beginnings were small, as he started selling lace and Coca-Cola, but then he finally won a contract to build military barracks in the late 1980s. Adenuga also has a stake in the Equitorial Trust Bank, and is the chair of Conoil.

No.6 Naguib Sawiris


Net Worth:$3.1 billion – As of March 2012
Source: Telecom, inherited and growing
Age:57 ,Citizenship: Egypt ,Residence: Cairo, Egypt
Marital Status: Married, Children: 4
Naguib Sawiris, Onsi’s eldest son, is the second-richest person in Egypt – he is worth $2.9 billion, which makes him the 367th richest person in the world. He is the head of Wind Telecom, which is a mobile service provider for Africa, South Asia, Europe, Canada and the Middle East. Naguib attempted to sell his service provider to MTN group previously, but failed.

No.6 Christoffel Wiese


Net Worth: $2.7 billion – As of March 2012
Source: Consumer retail, self-made
Age:70 , Citizenship: South Africa
Marital Status: Married, Children: 3
Christoffel, or Christo as he’s more commonly known, is the fourth-richest person in South Africa. He is worth $2.7 billion and made his money as CEO of Shoprite. He also owns a stake in Pepkor, a discount clothes, shoes and textiles store in South Africa, and is known for restoring a South African farm estate and remodelling it into a five-star hotel. Other assets include Lourensford Estate, the wine producer, and a private game reserve in the Kalahari. He is the 782nd richest person in the world.

No.8 Onsi Sawiris


Net Worth:$2.9 billion – As of March 2012
Source: construction, self-made
Age:82 , Citizenship: Egypt, Residence: Cairo, Egypt
Marital Status: Married, Children: 3
Onsi Sawiris is the third-richest person in Egypt, and the #401 in the world. He is worth $2.9 billion and made his millions as the founder of the business dynasty that includes Orascom telecom, hotels and construction. He was encouraged to study agriculture when he was younger, but found it boring and opened up his own contracting firm, which had to be rebuilt after it was nationalised in the 1960s.

No. 8 Miloud Chaabi


Net Worth: $2.9 Billion – As of March 2012
Morocco’s Richest Person: #1
Source of wealth: Real estate
Age: 83 , Citizenship: Morocco
Marital Status: Married
Morocco’s richest man got his start in 1948 developing housing, then expanded through Ynna Holding into hotels, supermarkets, and renewable energy. Chaabi was a member of Parliament, where he was dubbed the “red capitalist,” when he allied himself with the socialist party.

No.10 Patrice Motsepe


Net Worth:$2.7 Billion – As of March 2012
Source: Mining, self-made
Age:50 ,Citizenship: South Africa , Residence: Johannesburg, South Africa
Marital Status: Married, Children:3
Patrice Motsepe is South Africa’s third-richest person, worth $2.7 billion. He made his money in mining and is the 442nd richest person in the world. His money is the result of the purchasing of low-producing gold mine shafts in 1994, which he made profitable. Since then, he has built African Rainbow Minerals, benefiting as a result of South Africa’s Black Economic Empowerment (BEE) laws. He also owns a stake in Sanlam.

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