2025 Africa’s Billionaires Net Worth: Want to know who the richest Africans are? This is the article you must read since we will be sharing all of the information you need to know regarding the richest men in Africa in the following paragraphs.
Africa is a continent rich with resources, culture, and opportunity, among its many accomplishments, the rise of great entrepreneurs and business magnates stands out as a symbol of the continent’s economic progress.
From industrialists to telecom moguls, Africa’s wealthiest individuals make important contributions to the global economy and the growth of their own countries.
Africa’s Richest People: This list, brought to you by Townflex shows who the richest person in the African continent is as of the current year. This list is, however, based on Forbes’s recent updates showing its list of the richest persons in the world.
This post is updated every two weeks, as we keep it updated with current information based on latest Forbes real-time Billionaire list.
Who is Africa’s Richest Man/Person?
Richest men in Africa: Aliko Dangote of Nigeria is the richest billionaire in Africa with a net worth of $23.3 billion. Followed by South Africa’s Johann Rupert (and family), who comes second on the 2025 Richest African list with a net worth of $14.5 billion. While Nicky Oppenheimer (and family) comes in third place with a net worth of $10.5 billion.
Forbes, the renowned business magazine, has a meticulous approach to determining the list of Africa’s richest billionaires. As Forbes explains:
“Our list only includes African billionaires who live in Africa or have their main place of business there. As a result, South African billionaire Nathan Kirsh, who is based in London, and Sudanese billionaire Mo Ibrahim, a citizen of the United Kingdom, are not included. Zimbabwean national Strive Masiyiwa, who resides in London, is listed because he has telecom assets in Africa.
“Stock prices and currency exchange rates were used to compute net worths. We use the current price-to-sale or price-to-earnings ratios for comparable public companies, starting with estimations of revenues or profits, to determine the worth of privately owned enterprises. After our measurement date, some list members become wealthy or poorer in a matter of weeks or days.”
Top 20 Richest People in Africa
Below is the list of Africa’s Richest people, this topic also covers search queries for Top 10 Richest People In America. Just tap on each profile name for a dropdown for more detailed breakdown.
Aliko Dangote
- Country: Nigeria
- Continent: Africa
- Age: 68
- Gender: Male
- Source of Wealth: Cement, sugar
- Forbes Net Worth: $24.6B
- Bloomberg Net Worth: $29.0B
Johann Rupert & family
- Country: South Africa
- Continent: Africa
- Age: 75
- Gender: Male
- Source of Wealth: Luxury goods
- Forbes Net Worth: $14.3B
- Bloomberg Net Worth: $17.1B
Nicky Oppenheimer & family
- Country: South Africa
- Continent: Africa
- Age: 80
- Gender: Male
- Source of Wealth: Diamonds
- Forbes Net Worth: $10.5B
- Bloomberg Net Worth: $13.2B
Nassef Sawiris
- Country: Egypt
- Continent: Africa
- Age: 64
- Gender: Male
- Source of Wealth: Construction, investments
- Forbes Net Worth: $8.8B
- Bloomberg Net Worth: $9.5B
Abdulsamad Rabiu
- Country: Nigeria
- Continent: Africa
- Age: 65
- Gender: Male
- Source of Wealth: Cement, sugar
- Forbes Net Worth: $7.7B
Mike Adenuga
- Country: Nigeria
- Continent: Africa
- Age: 72
- Gender: Male
- Source of Wealth: Telecom, oil
- Forbes Net Worth: $6.3B
Naguib Sawiris
- Country: Egypt
- Continent: Africa
- Age: 71
- Gender: Male
- Source of Wealth: Telecom
- Forbes Net Worth: $5.0B
Koos Bekker
- Country: South Africa
- Continent: Africa
- Age: 75
- Gender: Male
- Source of Wealth: Media, investments
- Forbes Net Worth: $4.0B
Mohamed Mansour
- Country: Egypt
- Continent: Africa
- Age: 77
- Gender: Male
- Source of Wealth: Diversified
- Forbes Net Worth: $3.4B
Patrice Motsepe
- Country: South Africa
- Continent: Africa
- Age: 63
- Gender: Male
- Source of Wealth: Mining
- Forbes Net Worth: $3.4B
Issad Rebrab & family
- Country: Algeriria
- Continent: Africa
- Age: 81
- Gender: Male
- Source of Wealth: Food
- Forbes Net Worth: $3.0B
Michiel Le Roux
- Country: South Africa
- Continent: Africa
- Age: 76
- Gender: Male
- Source of Wealth: Banking
- Forbes Net Worth: $2.6B
Mohammed Dewji
- Country: Tanzazia
- Continent: Africa
- Age: 50
- Gender: Male
- Source of Wealth: Diversified
- Forbes Net Worth: $2.2B
Jannie Mouton & family
- Country: South Africa
- Continent: Africa
- Age: 7.8
- Gender: Male
- Source of Wealth: financial services
- Forbes Net Worth: $1.9B
Othman Benjelloun & family
- Country: Morocco
- Continent: Africa
- Age: 92
- Gender: Male
- Source of Wealth: Banking, insurance
- Forbes Net Worth: $1.9B
Christoffel Wiese
- Country: South Africa
- Continent: Africa
- Age: 84
- Gender: Male
- Source of Wealth: Retail
- Forbes Net Worth: $1.7B
Anas Sefrioui & family
- Country: Morocco
- Continent: Africa
- Age: 68
- Gender: Male
- Source of Wealth: real estate
- Forbes Net Worth: $1.6B
Aziz Akhannouch & family
- Country: Morocco
- Continent: Africa
- Age: 64
- Gender: Male
- Source of Wealth: Petroleum, diversified
- Forbes Net Worth: $1.6B
Femi Otedola
- Country: Nigeria
- Continent: Africa
- Age: 62
- Gender: Male
- Source of Wealth: Energy and Utilities
- Forbes Net Worth: $1.5B
Youssef Mansour
- Country: Egypt
- Continent: Africa
- Age: 80
- Gender: Male
- Source of Wealth: Diversified
- Forbes Net Worth: $1.4B
We hope you found the above article interesting. And that you know who the richest men in Africa are, come back later as we keep updating the post every two weeks just as mentioned above. This article also.
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Frequently Asked Questions (FAQs)
Who is the richest person in Africa in 2025?
According to the Forbes data, Aliko Dangote of Nigeria is currently the richest person in Africa with a net worth of about $24.6 billion.
Who is the second richest African?
The second richest is Johann Rupert (and family) of South Africa, with a net worth around $14.5 billion.
How many African billionaires are on the list?
22 so far on Forbes. But this article lists the Top 20 richest people in Africa for 2025.
What industries do Africa’s richest people come from?
They span industries like cement and sugar, telecommunications, luxury goods, mining, banking, diversified holdings, and oil & gas.
Which countries have the most billionaires in Africa?
Nigeria, South Africa, and Egypt are among the top countries represented.
How often is the richest-people list updated?
On Townflex, This article is updated every two weeks, sometimes after few days based on Forbes’s real-time billionaire list.
Why are some billionaires not included in the list?
Forbes includes only Africans who live in Africa or have main business presence there. Some billionaires based abroad are excluded.
Who is the richest woman in Africa?
Currently, there is no woman has been listed amongst the list of richest Africans as of 2025.
Can net worth change rapidly?
Yes — net worths are significantly influenced by stock prices, foreign exchange rates, business valuations, and market conditions.
