The 18 Richest Billionaires In Africa 2022...

Africa has many things to boast about and one of them is the presence of very wealthy people who have become billionaires over the years according to Forbes their net worth is calculated using stock prices and currency exchange rates if you have always had a keen look at the economies of most African countries you will discover that most of the richest people are in the business sector presently Africa has 18 billionaires with a total net worth of almost 74 billion US Dollars which has slightly increased by one percent compared to 2021. despite the novel covid-19 crisis plating the world their net worth has not been affected and firstly some of them even got richer as their businesses kept booming the 18 African billionaires are from seven different countries as indicated by Forbes South Africa Egypt Manchuria Morocco and Tanzania are the main host countries for Africa's billionaires which you are about to discover before we get started with this video please do subscribe to our Channel and also let us know how much you have interest in watching by clicking the like button we shall begin from the bottom of the list in the 18th position is 18. Yasin Mansour 1.1 billion US dollars Yasin Mansour is one of Africa's billionaires who hails from the Mansour family noted to have established one of the baddest conglomerates in Egypt the Mansour group Yasin owns and manages other businesses but most of his wealth comes from the Mansour group he is the founder of man foods which is the owner and operator of the McDonald's franchise in Egypt he is also the chairman of one of Egypt's largest real estate developers called the Palm Hills development he currently has a net worth of 1.1 billion US Dollars next 17. Yusuf Mansour 1.5 billion US Dollars the Mansour family still holds another billionaire on the list Yusuf Mansour the 77 year old Egyptian businessman has raised a lot of money for himself through many different activities he is at the head of the Mansour group a family business unit he runs alongside his brothers the company distributes GM vehicles caterpillar equipment and household products in Egypt and several other countries it is one of the richest business groups on the continent Youssef took over control of this conglomerate after his father died many years back he mainly controls the consumer goods division of the business which includes supermarket chain Metro and sold distribution rights his net worth stands at 1.5 billion US dollars 16. muhammaduji 1.5 billion US dollars Muhammad duji is a renowned Tanzanian business Guru who has gotten a fair share of wealth from the diverse activities he carries out he is involved in manufacturing flower Milling Beverages and edible oil processing his net worth in 2022 is over 1.5 billion US Dollars and is ranked by Forbes as number 16 amongst Africa's billionaires dooji is the founder and chief executive officer of metal group a conglomerate which facilitates the production of flour beverages edible oil and other products the company operates in at least six African countries and has Ambitions to expand to more countries the lone Tanzanian billionaire signed a pledge in 2016 to donate at least half of his fortunes to philanthropic activities 15. othman bengaloun 1.5 billion US Dollars born in 1931 in Morocco Hoffman bengalon is a banker and billionaire businessman with a net worth of 1.5 billion US dollars benjalan is well known by many as the co-founder of The BMC Bank and the bank of Africa the bmce bank has a presence in more than 20 African countries he serves as the bank of Africa's chief executive officer in 2014 he inaugurated a 500 million dollar plan to build the 55-story Muhammad the sixth Tower in Rabat it will be one of the tallest buildings in Africa 's holding company finance com he has a stake in the Moroccan arm of French teleconfirm orange financecom is part of a project to develop a multi-billion dollar Tech City in Tangers that is expected to host 200 Chinese companies the 91 year old billionaire is married to Laila mesian benjalam and he is a father of two 14. Michelle LaRue 1.7 billion US dollars Michio laruz is a South african-based billionaire aged 72 who is listed as one of the richest on the continent due to his Banking and Financial investment activity his net worth as of 2022 stands at 1.7 billion US Dollars let's get to know more about him laruz is the founder of the capitec bank in South Africa which was founded in 2001. he owns 12 percent of stakes in this Bank he served as chairman of the bank's board of directors from 2007 to 2016 and since then he is still a board member before creating the capitec bank he ran other smaller banks in the Cape Town hinterlands next 13. as is a cannotch 2.2 billion US dollars the 13th billionaire in Africa in 2022 on the list is Moroccan Aziz a canouch he has made great fortunes for his many diverse businesses but most especially from petroleum as izakanich was once the minister of Transport for Morocco from 2006 to 2009 when Ahmed warkin was President he has been serving as prime minister for the country since 2021. Aziz is the majority owner of the aqua group a multi-billion dollar conglomerate founded by his father in 1932. today he has raised a net worth of about 2.2 billion US dollars this business group is interested in petroleum gas and other chemicals and is responsible for the sale of a frequent gas and mag rub oxygen in the 12th position is 12. Muhammad Mansour 2.5 billion US dollars Muhammad mansort is an African billionaire who hails from Egypt he gets his wealth mostly from self-made diverse activities most especially those in the Mansour Group which is a family asset his net worth in 2022 stands at 2.5 billion dollars Muhammad Mansour served as transport minister in Egypt from 2006 to 2009 during President hosting mubarak's reign he established General Motors leadership Holdings in Egypt which has become one of the largest Distributors of caterpillar equipment the company has exclusive distribution rights for Caterpillar equipment in Egypt and seven other countries 11. strong messiwa 2.7 billion US dollars strive Miss siwa is a zimbabwean-born telecommunications Tycoon who has made a name on the list of billionaires in Africa in 2022 he is worth 2.7 billion US dollars he succeeded to launch a mobile telephone Network called economic Wireless in Zimbabwe in 1998 after a long tussle with the government the 61-year-old owns 50 of the shares in the company which is part of the larger ikonet group his other assets include stakes in mobile phone networks in Burundi and lesofo and investments in fintech and power distribution firms in Africa next up 10. who's backer 2.7 billion US dollars Coos Becker is a 69 year old South African media and entertainment figure he is celebrated for transforming the South African newspaper publisher naspers into an e-commerce investor and cable TV Powerhouse naspers is the richest company in Africa with a market capitalization of 42.6 billion dollars Becker who retired as nasper's CEO in 2014 returned a year later as chairman of the company according to Forbes his net worth currently hovers around 2.7 billion US dollars if you're enjoying the video so far let us know by clicking the like button also let us know you're interested in our content by subscribing to our Channel let's continue with our African billionaires 9. Patrice motzepe 3.1 billion US Dollars Patrice motzepe is the current president of the Confederation of African football kaf is the largest Sports governing body in Africa he also appears as one of Africa's billionaires on the Forbes list in 2022 apart from this very strategic post he occupies Patrice motzepe is into metals and Mining the 59-year-old calf president from South Africa is the founder and chairman of African rainbow minerals and became a billionaire in 2008 making him the first black South African to appear on the Forbes list of billionaires he also has a stake in Sanlam a listed Financial Services firm and is the president and owner of the mamelodi Sundowns football club in South Africa he has a net worth of 3.1 billion dollars 8. nagwebsaurus 3.4 billion US dollars he's a son of the Soul where his family in Egypt and one of Africa's billionaires the Telecommunications Tycoon owns the Telecom company one of the largest Network providers in Egypt he made a multi-billion dollar transaction in 2011 in selling his formerly owned orascom company to a Russian firm called vimpelcom now known as vion aurascom investment which owns stakes in Egypt and Italy is also an area where part of nagwebsaurus wealth comes from nanguve sawarvis also owns shares in Globe Holdings media a pan-european television and video News Network nangwib's net worth in 2022 stands at 3.4 billion US dollars 7. acid riprap 5.1 billion US dollars 78-year-old isabri brab is the seventh billionaire in Africa in 2022 with an estimated net worth of 5.1 billion dollars he hails from Algeria and what causes his great fortunes is his engagement in the food and beverage sector in the country he is the founder and chief executive officer of sevdal a company that owns one of the largest sugar refineries in the world and generates over 2 million tons of sugar each year instant reprab has succeeded in extending the company's activities to parts of Europe 6. Mike adenuga 6.7 billion US Dollars Mike adenuga is a nigerian-born businessman counted today as one of Africa's billionaires due to his dynamism in the Telecommunications and oil sectors he is also the second richest person in Manchuria the richest person in Nigeria is Africa's top billionaire whom you're about to discover Mike adenuga's mobile telephone network globacom is the third largest in Manchuria with over 55 million subscribers on an interesting note Mike is said to have made his first million at the age of 26 by selling lace and distributing soft drinks he has also carried out many Petty jobs before becoming one of Africa's richest people his net worth stands at 6.7 billion US dollars as of 2022. before we move to the fifth person on our list please let us know in the comments when your name will appear on this list tell us the sector and African countries in which your businesses will be operating now let's look at the fifth richest African 5. I'm Dolce mad rabio 7 billion US Dollars the 61 year old Manchurian of Boss met rayview is the fifth billionaire on our list he earns money from many diverse activities but most significantly from cement and sugar processing he is the founder of the bua group a Nigerian conglomerate engaged in cement production real estate and sugar refining a business that has helped him to accumulate a net worth of seven billion dollars radio owns about 98.5 percent of the stocks in the bua group in 1988 he started his own business importing iron steel and chemical before taking over his father's business the present-day bua company 4. NASA Sawyers 8.6 billion US dollars NASA Soul iris is an Egyptian billionaire who has invested in construction and Engineering a son of Egypt's wealthiest family he is one of the richest people on the African continent he has a net worth of 8.6 billion US Dollars and takes the fourth position on the list of African billionaires provided by Forbes in 2022 his most valuable asset is a nearly six percent stake in anti-dus a leading sportswear maker in the world in December 2020 he acquired a five percent stake in a New York listed firm Madison Square Garden Sports owner of NBA Knicks and the NHL Rangers teams NASA Solaris also holds shares in orescom construction in engineering and building firm that he co-manages with his brothers from the Sawyer's family let's talk about the third billionaire in Africa this year three Mickey Oppenheimer 8.7 billion US Dollars Nikki Oppenheimer is a 77 year old South African businessman who is into the medal and mining industry with an estimated net worth of 8.7 billion dollars most of his wealth comes from the extraction of diamonds Mickey is the manager of the De Beers Diamond company which he partly sold to the mining group anglo-american in 2012 for 5.1 billion dollars today his company occupies one of the hottest spots in the world's Diamond trade in 2014 the South African business tycoon started a chartered flight company in Johannesburg called Fireblade Aviation which is still operational today he owns at least 720 square kilometers of conservation land across South Africa Botswana and Zimbabwe 2. Johann Rupert 11 billion US Dollars the second African billionaire on our list is Johan Rupert a South African man who has made lots of Fortunes in the fashion and retail industry Rupert's wealth originates from the production and distribution of luxury goods a business that his father started in the 1940s Rupert's involvement in this business has seen his net worth Skyrocket from 7.2 billion dollars last year to a Hopping 11 billion dollars in 2022 making him the second richest person in Africa Johan Rupert is the chief executive officer of the Swiss luxury goods firm known as compadny financier Richmond if you've heard of a Cartier and Montblanc France then it is thanks to this firm he also owns shares in other business Holdings and investment firms such as rengro and rainit in Luxembourg in Europe let us now get to the person on the top of the list of Africa's billionaires in 2022 can you guess who Africa's richest person is share with us in the comments below at the first position of Africa's billionaires in 2022 is no other person then one alvico dangote 13.9 billion US dollars Alico dangote is Africa's richest person who has occupied this position for more than 10 consecutive years the well-known billionaire who hails from Nigeria founded and chairs dangote cement the largest cement production and distribution company in Africa with an annual production capacity of 45.6 million metric tons dangote cement operates in 10 African countries he built his fortune primarily from dangote cement although he started his business Empire by selling commodities such as sugar salt and flour the business magnate owns 85 percent of shares in the company and has also been incorporating fertilizer and oil production into his company activities dangote's fertilizer plant in Nigeria went operational in 2021 while the dangote oil refinery is still under construction when completed the refinery is expected to be the largest in Africa and one of the biggest in the world Alico dangave is also the owner of the eponymous dangote group one of the largest private sector Employers in Nigeria as well as the most valuable conglomerate in West Africa which accounts for one-fourth of businesses in the mentoring Stock Exchange Market based in Nigeria he also does business in other countries including beanen Cameroon Ghana South Africa Togo and Zambia Alico dangote's net worth in 2022 at the time of making this video stands at 13.9 billion US dollars in case you didn't know now you know who Africa's most celebrated billionaires are in 2022. the list of African billionaires in 2022 is called from Forbes latest publication of billionaires in the African continent as you have watched there are indications that more people will join this class of wealthy people in the years ahead when will your name be on the list yes you watching this video the impacts made by these billionaires on the African continent are far-reaching their influence is felt even in other countries outside of Africa yet one question remains will Africa's richest person aliko dangote occupying the top spot on Forbes prestigious list of African billionaires in 2023 share your thoughts with us by leaving comments below if you enjoyed this video please don't forget to leave a like and also subscribe to our channel so you don't miss out on any of our upcoming content thanks for watching and see you in the next video

Channel: The New Tourist

Views: 14,298

Keywords: Africa, The 18 Richest Billionaires In Africa 2022..., richest people in africa, south african billionaires, the richest people in africa, african billionaires, top 18 richest people in africa, Who are africa's richest men, the new tourist, top 10 richest people in africa 2022, richest people in african and their networth, richest people in africa and their businesses, Naguib Sawiris, mohamed dewji, aliko dangote, nigerian billionaires, egyptian billionaires, ghana billionaires

Id: GvkW_G7bIzw

Length: 19min 6sec (1146 seconds)

Published: Mon Sep 12 2022