Top 20 Richest People in Africa 2026: Forbes Real-Time Billionaires List

Victor Sosu
Victor Sosu is a dedicated digital storyteller with a sharp eye for detail and a passion for bringing facts to life. He covers entertainment, lifestyle, sports,...

2026 Africa’s Billionaires Net Worth: Want to know who the richest Africans are? Then this is the article you must read since we will be sharing all the information you need to know regarding the richest men in Africa in the following paragraphs.

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 Africa. The list is, however, based on Forbes’s latest updates showing its ranking of the richest persons in the world.

This post [Richest People In Africa] is updated regularly, sometimes not later than every two weeks, as we keep the contents fresh for new and returning visitors to tally with current information based on latest Forbes real-time Billionaire list. The list is also compared with Bloomberg’s Billionaire Index sharing net worth from both platforms.

Who is Africa’s Richest Man/Person?

Richest men in Africa: So to answer you question, Aliko Dangote of Nigeria is the richest billionaire in Africa with a net worth of $26.3B. He is followed by South Africa’s Johann Rupert (and family), who comes second on the 2026 Richest African list with a net worth of $15.3B. While Nicky Oppenheimer (and family) comes in third place with a net worth of roughly $10.6B.

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Aliko Dangote, Richest Man in Africa

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 guide provides a detailed look at the titans of industry shaping the continent’s future. Just tap on each profile name for a dropdown with a more detailed breakdown of their assets and business empires.

#1

Aliko Dangote’s Net Worth

$26.3B+
  • Country: Nigeria
  • Continent: Africa
  • Age: 68
  • Gender: Male
  • Source of Wealth: Cement, sugar
  • Forbes Net Worth: $26.3B
  • Bloomberg Net Worth: $30.6B
#2

Johann Rupert & family

$15.3B+
  • Country: South Africa
  • Continent: Africa
  • Age: 75
  • Gender: Male
  • Source of Wealth: Luxury goods
  • Forbes Net Worth: $15.3B
  • Bloomberg Net Worth: $18.3B
#3

Nicky Oppenheimer & family

$10.6B+
  • Country: South Africa
  • Continent: Africa
  • Age: 80
  • Gender: Male
  • Source of Wealth: Diamonds
  • Forbes Net Worth: $10.6B
  • Bloomberg Net Worth: $14.1B
#4

Abdulsamad Rabiu’s Net Worth

$9.5B+
  • Country: Nigeria
  • Continent: Africa
  • Age: 65
  • Gender: Male
  • Source of Wealth: Cement, sugar
  • Forbes Net Worth: $9.5B
  • Bloomberg Net Worth: $10.8B
#5

Nassef Sawiris’ Net Worth

$8.5B+
  • Country: Egypt
  • Continent: Africa
  • Age: 64
  • Gender: Male
  • Source of Wealth: Construction, investments
  • Forbes Net Worth: $8.5B
  • Bloomberg Net Worth: $9.5B
#6

Mike Adenuga’s Net Worth

$6.4B+
  • Country: Nigeria
  • Continent: Africa
  • Age: 72
  • Gender: Male
  • Source of Wealth: Telecom, oil
  • Forbes Net Worth: $6.4B
#7

Naguib Sawiris’ Net Worth

$5.0B+
  • Country: Egypt
  • Continent: Africa
  • Age: 71
  • Gender: Male
  • Source of Wealth: Telecom
  • Forbes Net Worth: $5.0B
  • Bloomberg Net Worth: $11.0B
#8

Patrice Motsepe’s Net Worth

$4.2B+
  • Country: South Africa
  • Continent: Africa
  • Age: 63
  • Gender: Male
  • Source of Wealth: Mining
  • Forbes Net Worth: $4.2B
#9

Koos Bekker’s Net Worth

$3.7B+
  • Country: South Africa
  • Continent: Africa
  • Age: 75
  • Gender: Male
  • Source of Wealth: Media, investments
  • Forbes Net Worth: $3.7B
#10

Michiel Le Roux’s Net Worth

$3.5B+
  • Country: South Africa
  • Continent: Africa
  • Age: 76
  • Gender: Male
  • Source of Wealth: Banking
  • Forbes Net Worth: $3.5B
#11

Mohamed Mansour’s Net Worth

$3.3B+
  • Country: Egypt
  • Continent: Africa
  • Age: 77
  • Gender: Male
  • Source of Wealth: Diversified
  • Forbes Net Worth: $3.3B
#12

Issad Rebrab & family

$3.0B+
  • Country: Algeriria
  • Continent: Africa
  • Age: 81
  • Gender: Male
  • Source of Wealth: Food
  • Forbes Net Worth: $3.0B
#13

Jannie Mouton & family

$2.5B+
  • Country: South Africa
  • Continent: Africa
  • Age: 7.8
  • Gender: Male
  • Source of Wealth: financial services
  • Forbes Net Worth: $2.5B
#14

Mohammed Dewji’s Net Worth

$2.1B+
  • Country: Tanzazia
  • Continent: Africa
  • Age: 50
  • Gender: Male
  • Source of Wealth: Diversified
  • Forbes Net Worth: $2.1B
#15

Othman Benjelloun & family

$1.9B+
  • Country: Morocco
  • Continent: Africa
  • Age: 92
  • Gender: Male
  • Source of Wealth: Banking, insurance
  • Forbes Net Worth: $1.9B
#16

Othman Benjelloun & family

$1.9B+
  • Country: Morocco
  • Continent: Africa
  • Age: 92
  • Gender: Male
  • Source of Wealth: Banking, insurance
  • Forbes Net Worth: $1.9B
#17

Paul Van Zuydam’s Net Worth

$1.7B+
  • Country: South Africa
  • Continent: Africa
  • Gender: Male
  • Source of Wealth: Le Creuset
  • Forbes Net Worth: $1.7B
#18

Aziz Akhannouch & family

$1.6B+
  • Country: Morocco
  • Continent: Africa
  • Age: 64
  • Gender: Male
  • Source of Wealth: Petroleum, diversified
  • Forbes Net Worth: $1.6B
#19

Femi Otedola’s Net Worth

$1.5B+
  • Country: Nigeria
  • Continent: Africa
  • Age: 62
  • Gender: Male
  • Source of Wealth: Energy and Utilities
  • Forbes Net Worth: $1.5B
#20

Strive Masiyiwa’s Net Worth

$1.4B+
  • Country: Zimbabwe
  • Continent: Africa
  • Age: 64
  • Gender: Male
  • Source of Wealth: Telecom
  • 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 2026?

According to the latest 2026 data, Aliko Dangote of Nigeria is currently the richest person in Africa with a net worth of approximately $26.3B, driven by his massive refinery and cement operations.

Who is the second richest African?

The second richest is Johann Rupert (and family) from South Africa, with a net worth around $15.3B, largely through his luxury goods conglomerate, Richemont.

What industries do Africa’s richest people come from?

Africa’s top billionaires have built their fortunes in diverse sectors including cement, telecommunications, luxury goods, mining, banking, and oil & gas.

How often is the richest-people list updated?

On Townflex, this article is updated every two weeks, and sometimes more frequently, to stay in sync with Forbes’s real-time billionaire list and the Bloomberg Billionaires Index.

Who is the richest woman in Africa?

As of early 2026, there is no woman currently listed within the top 20 list of Africa’s wealthiest, though figures like Folorunsho Alakija and others remain prominent in the broader billionaire discussions.

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Victor Sosu is a dedicated digital storyteller with a sharp eye for detail and a passion for bringing facts to life. He covers entertainment, lifestyle, sports, and breaking news, bringing readers stories that are clear, timely, and grounded in real-world insight.