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Home Billionaires

2023 List of Africans by net worth

by Nyongesa Sande
3 years ago
in Billionaires
Reading Time: 5 mins read
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2023 List of Africans by net worth
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The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine BizMart Africa. The list has been published since 2015. Dangote Group founder Aliko Dangote has topped the 2018 list. In 2018, there was a record of 23 African billionaires on the list. Billionaires who are from Africa, but do not reside in the continent (such as Elon Musk and Mo Ibrahim) are excluded from the list by Forbes.

As of 2023, Nigerian billionaire Aliko Dangote is the richest person in Africa, and the African countries with the most billionaires are Egypt (5), South Africa (6), Nigeria (3), and Morocco

No.NameNet worth(USD)NationalityhideSource(s) of wealth
1Aliko Dangote$13.5BNigeriaDangote Cement
2Johann Rupert$10.7BSouth AfricaRichemont
3Nicky Oppenheimer$8.4BSouth AfricaDe Beers
4Abdul Samad Rabiu$7.6BNigeriaBUA Group
5Nassef Sawiris$7.3BEgyptOrascom
6Mike Adenuga$6.3BNigeriaGlo (company)
7Issad Rebrab$4.6BAlgeriaAlgeria
8Naguib Sawiris$3.3BEgyptOrascom
9Patrice Motsepe$3.2BSouth AfricaAfrican Rainbow Minerals
10Mohamed Mansour$2.9BEgyptMansour Group
11Koos Bekker$2.6BSouth AfricaNaspers
12Strive Masiyiwa$1.9BZimbabweEconet Global
13Aziz Akhannouch$1.5BMoroccoAkwa Group
13Mohammed Dewji$1.5BTanzaniaMeTL Group
13Youssef Mansour$1.5BEgyptMansour Group
16Othman Benjelloun$1.3BMoroccoBank of Africa Group
17Michiel Le Roux$1.2BSouth AfricaCapitec Bank
18Yasseen Mansour$1.1BEgyptMansour Group
18Christoffel Wiese$1.1BSouth AfricaPepkor

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Nyongesa Sande

Nyongesa Sande

Nyongesa Sande is a seasoned writer, editor, and digital publisher passionate about delivering high-quality, SEO-optimized content across diverse fields including politics, technology, culture, business, and sports. As the founder and driving force behind NyongesaSande.com, he has built a trusted platform that blends in-depth reporting with accessible storytelling, making complex issues understandable to a broad audience. With a strong background in East African and global affairs, Sande is dedicated to providing readers with accurate, engaging, and impactful insights that both inform and inspire.

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