The people you are about to read about are the Richest men in Africa according to Forbes.
Mind you, the list was drafted using Forbes Real Time Net Worth of the Most Richest Men In Africa as at 1/5/2019.

The list will be updated every month to reflect the true Networth of the below mentioned individuals.

1 Aliko Dangote
Networth: $10.3 billion
Nationality: Nigeria
Age: 61
Source of money: Cement, Sugar, Flour

Aliko Dangote is the richest man in Africa, he is the founder and chairman of Dangote Cement, the continent’s largest cement producer.
Dangote Cement produces 44 million metric tons annually and plans to increase its output 33% by 2020.
Dangote also owns stakes in publicly-traded salt, sugar and flour manufacturing companies.

2. Nicky Oppenheimer & Family
Networth: $7.6 billion
Nationality: South Africa
Age: 73
Source of Wealth: Diamonds

Oppenheimer is the second richest man in Africa, heir to his family’s fortune, he sold his 40% stake in diamond firm DeBeers to mining group Anglo American for $5.1 billion in cash in 2012.
He was the third generation of his family to run DeBeers, and took the company private in 2001.
For 85 years until 2012, the Oppenheimer family occupied a controlling spot in the world’s diamond trade.
Nicky Oppenheimer now owns an estimated 1% stake in Anglo American, which his grandfather founded in 1917.
Oppenheimer also owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa.

3. Nassef Sawiris
Networth: $6.2 billion
Nationality: Egypt
Age: 57
Source of money: Construction, chemicals

Nassef Sawiris is the third richest man in Africa. His father Onsi and brother Naguib are also billionaires.
He runs Orascom Construction Industries, one of the world’s largest nitrogen fertilizer producers, with plants in Texas and Iowa.
His holdings include stakes in cement giant Lafarge Holcim and Adidas.

4. Johann Rupert & Family
Networth: $5.3 billion
Nationality: South Africa
Age: 68
Source of money: Luxury Goods

Johann Rupert is Africa’s fourth richest man and the chairman of Swiss luxury goods firm Compagnie Financiere Richemont.
The company is best known for the brands Cartier and Montblanc.
It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s.
He owns a 7% stake in diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding co. based in Luxembourg.

5. Mike Adenuga
Networth: $6.2 billion
Nationality: Nigeria
Age: 65
Source of income: Telecoms, Oil

Mike Adenuga, Nigeria’s second richest man, and Africa’s fifth richest man built his fortune in telecom and oil production.
His mobile phone network, Globacom, is the second largest operator in Nigeria, with 37 million subscribers.
His oil exploration outfit, Conoil Producing, operates 6 oil blocks in the Niger Delta.
Adenuga made his first million at age 26 selling lace and distributing soft drinks.

6. Issad Rebrab
Networth: $3.8 billion
Nationality: Algeria
Age: 75.
Source of Income: Food

Issad Rebrab is the founder and CEO of Cevital, Algeria’s biggest privately-held company.
Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year.
Rebrab has plans to build a steel mill in Brazil to produce train tracks and improve transportation logistics for sugar, corn and soy flour exports.

7. Naguib Sawiris
Networth: $3.5 billion
Nationality: Egypt
Age: 64
Source of money: Telecom

Naguib Sawiris is a scion of Egypt’s wealthiest family. His father Onsi and brother Nassef are also billionaires.
He built a fortune in telecom, but in 2017 stepped down as CEO of Orascom Telecom Media & Technology (OTMT).
In 2011, Sawiris sold Orascom Telecom to Russian telecom firm VimpelCom in a multi-billion dollar stock and cash transaction.
Sawiris acquired a nearly 20% stake in Australia-listed gold mining firm Evolution Mining.
He also owns nearly 20% of Toronto-listed Endeavour Mining, which operates gold mines in West Africa.

8. Mohamed Mansour
Networth: $2.7 billion
Nationality: Egypt
Age: 70
Source of Income: diversified, self made

Mohamed Mansour oversees his family conglomerate Mansour Group, which was founded by his father Loutfy.
He also established General Motors dealerships in Egypt, which is currently one of GM’s biggest distributors in the world.
Mansour Group also has exclusive distribution rights for Caterpillar equipment.
He was Minister of Transportation under the Hosni Mubarak regime.
His brothers, Yasseen and Youssef, are also billionaires.

9. Koos Bekker
Networth: $2.3 billion
Nationality: South Africa
Age: 66
Source of Income: media, investments

Koos Bekker is revered for transforming South African newspaper publisher Naspers into an ecommerce investor & cable TV powerhouse.
He led Naspers to invest in Chinese Internet and media firm Tencent in 2001 — by far the most profitable of the bets he made on companies elsewhere.
Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015.
During his tenure as CEO, which began in 1997, Bekker oversaw a rise in the market capitalization of Naspers from about $600 million to $45 billion.

10. Isabel Dos Santos
Networth: $2.2 billion
Nationality: Angola
Age: 45
Source of Income: investments

The oldest daughter of Angola’s outgoing president and Africa’s richest woman owns a significant stake in Unitel, Angola’s largest mobile phone network, and a stake in Banco BIC. Outside Angola, she owns nearly 6% of oil and gas firm Galp Energia (alongside Portuguese billionaire Americo Amorim), and nearly 19% of Banco BPI, the country’s fourth-largest bank..
She is currently the richest black woman and richest woman in Africa.

source: Listwand

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