Connect with us


Who is the richest man in Africa?

the richest man in Africa

The Richest People in Africa

Who is the richest man in Africa? This is the 33rd year of tracking Global wealth income and this list has been pretty much our favorite.

Africa has been home to several billionaires and it doesn’t come as a surprise that most of them are self-made because they have taken advantage of challenges and potentials in Africa and have utilized them to make a lot of money. Here is a list of the top 10 Richest men in Africa.

10. Mohamed Mansour($2.3 Billion)

Mohamed Mansour comes from the family that owns the Mansour Group which today has a presence in 110 countries and total revenues exceeding $6 billion. Mansour gained an engineering degree from North Carolina State University in 1968, once worked as a busboy in a pizza parlor to pay for his university education.

Mansour heads General Motors in Egypt and it was established in Egypt in 1975 and has since become one of General Motors biggest distributor in the world.

Mohamed Mansour

9. Isabel dos Santos($2.3 Billion)

Isabel dos Santos is the richest woman in Africa and also the eldest child to Angola’s former President who ruled the country for 38 good years. President José Eduardo dos Santos stepped down in 2017.

She found her fortune when she invested in stakes in Angolan companies including banks and a telecom firm, this all took place when her father was in power.

She is often referred to as the ‘Princess’ in Angola.

Isabel has shares in Portuguese companies, including a cable TV company Nos SGPS and telecom.

Isabel dos Santos


8. Koos Bekker($2.3 Billion)

Koos Bekker is a billionaire from South Africa and he is the man behind the success of Naspers. Naspers is a broad-based multinational internet and media group headquartered in South Africa, it operates in more than 130 countries. He also more than 70% of his Naspers shares in 2015.

Bekker was born 14 December 1952 and graduated with an MBA degree in  Columbia Business School in 1984.

Koos Bekker


7. Naguib Sawiris($2.9 Billion)

Naguib is the brother to Nassef Sawiris who is worth $6.3 Billion. They both coe from a very wealthy family and they are three brothers.

Telecommunication is the origin of wealth for Naguib. He is the chairman of Orascom Telecom Media & Technology.

Naguib Sawiris


6. Issad Rebrab($3.7 Billion)

Issad who is number six on our Africa’s Richest has been a teacher at some point in his life. He has taught accounting and commercial law. Issad later left teaching, and started his own accounting firm. He owns Cevital which has the largest sugar refineries in the world. Cevital is also Algeria’s biggest privately-held company and has the capacity to produce 2 tonnes a year.

Issad Rebrab


Also Read: Top 10 Richest countries in Africa 2020


5. Johann Rupert($5.3 Billion)

Johann is the second Richest person in South Africa with an estimated net worth of $5.3 Billion. He is currently the  Chairman of the Swiss-based luxury goods company Richemont and the South Africa-based company Remgro where he has a seven percent stake. Richemont is best known for the brands Cartier and Montblanc.

Rupert repeatedly said in interviews that his biggest regret was not buying half of Gucci for $175 million when he had the chance to.

Johann Rupert is the richest man in South Africa


4. Nassef Sawiris($6.3 Billion)

Nassef Sawiris comes from Egypt’s wealthiest family and he is the youngest among the three brothers. His brother Naguib is also a billionaire.  He runs one of the largest nitrogen fertilizer producers in the world(OCI).  OCI has plants in Texas and Iowa.

His holdings embrace stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. He currently lives in London and also stays in New-York from time to time.


3. Nicky Oppenheimer($7.4 Billion)

Nicky Oppenheimer is a South African Businessman and his origin of wealth came from Diamonds. His grandfather founded the company Anglo American in 1917 which Nicky now owns an estimated one percent stake in. He was once a chairman of De Beers which is a Diamond mining company and was also a deputy chairman of Anglo American in the early stages of his life. Other than the wealth he has acquired from diamonds, Oppenheimer owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa.

Nicky Oppenheimer is the richest man in south africa


Also Read: Top 10 Richest Presidents in Africa 2020

2. Mike Adenuga($9.4 Billion)

Adenuga is currently the second richest man in Nigeria and designed his fortune in telecommunication and oil production. He is the owner of Globacom which is currently the third largest operator in the Continent of Africa. Globacom is also largely used in Ghana and Benin.

Adenuga, born on 29 April 1953, started his career back in 1990 when he received a drilling license.Mike Adenuga is the second richest man in africa


1. Aliko Dangote($10.3 Billion)

For the eighth year in an exceeding row, Aliko Dangote of Nigeria is Africa’s richest person. He is currently worth  $10.3 billion and that is $2 billion less than a year ago due to a fall in Dangote Cement stock.

Dangote has largely invested in cement, sugar, flour hence his origin of wealth. He also has a book where he explains how he gained wealth and how he used to buy sweets and give them to others to sell at a very young age, then he kept the profits. Aliko Dangote is currently the richest man in Africa.

In conclusion, he is also one of the youngest self-made billionaires we have on this list.

The Book: The Biography of the Richest Black Person in the World

FUN FACT: Aliko Dangote wants to Buy Arsenal in the future and get back the Football Club to its winning streak.

Question: Who is the richest man in Africa?
Answer: Aliko Dangote



aliko dangote is the richest man in Africa

Click to comment

Leave a Reply


Eva No Presents A New Single ‘History of Now’

Sweden based singer and songwriter Eva Nordell is one of the exciting new names coming out of the Swedish scene. With the singer having released her debut EP ‘History of Now’ this year, Eva Nordell continues to entrench her name into the country-pop scene.

“History of Now” is hands up my favorite song on the project, although the entire EP is a regal body of work and proof that she puts his heart and soul into the craft. This up-beat track embodies her influence from country music. The composition nostalgically describes how we can learn from the past and thereby create a better future, both for ourselves and in relationships with others.

Driven by an ear-worm of a chorus and a compelling arrangement, “Wake Up” can get you accustomed to the replay button. The song is quite profound lyrically with vocals that are gritty yet smoothly effortless, the song deserves your immediate listen. It has a great video that corresponds to the powerful track.

Catch Up With Eva No on:

Eva No History of Now Eva No History of Now


Continue Reading


Top 10 YouTubers in Kenya 2020

[socialpoll id=”2603192″]

This is a list containing Top 10 YouTubers in Kenya 2020. YouTube in Kenya has come from far and it has given birth to some of the best media personalities in Africa. In this list we give you the best YouTubers in Kenya.From Edgar Obare to Over Twenty Five to Wabosha Maxine to Joanna kinuthia, there is no telling what YouTube in Kenya would have been without these amazing people. List Entries and Rank:

#10:Natalie Tewa

#9:Edgar Obare

#8:Over Twenty Five

#7:The Green Calabash

#6:Greatday Channel

#5:Sheila Ndinda

#4:Farhana Oberson

#3:Joanna Kinuthia

#2:Wabosha Maxine

#1:WaJesus Family

Top 10 YouTubers in Kenya 2020


Top 10 Best Rappers in Kenya 2020

Continue Reading


Top 10 Richest African Musicians


Ever wondered who the Richest African Musicians are? Well, we got you covered. Africa is a continent which is endowed with many good things. Among the vast majority of endowments is its music industry.  The entertainment industry is a major contributor to the Gross Domestic Profit of many developing countries in Africa.

After several hours of research and digging, all in the quest of compiling an accurate and comprehensive list of the top ten richest musicians in Africa, we were able to get the following. Their net worth was taken into consideration and this includes their endorsement deals as many of them are ambassadors of different brands.

Below is a list of Richest African Musicians and we will discuss what makes them tick and how they found their success.

10. The Late Oliver Mtukudzi

A veteran in the African music industry who successfully released over 65 albums. He is a Zimbabwean by the origin and was very successful in his music career with more than 41 years of experience. A musician, philanthropist, businessman and UNICEF ambassador for goodwill in the Southern African Region. He bagged several awards numbering over twenty. 

Oliver Mtukudzi has an estimated net worth of 1.2 million dollars.

Oliver was one of the richest african musicians


9. Jidenna 

Jidenna is a Nigerian – American singer who was born on the 4th May 1985. He is signed to Wondaland Records, Epic records and Fear and Fancy records. He is a singer, rapper, songwriter and music producer. He released two major singles “Classic Man” and “Yoga” in the year 2015. That same year, his single “Classic Man” won awards of “Song of the Year” and “Video of the Year” at the Soul Train Music Awards. 

Jidenna has an estimated net worth of 1.4 million dollars.


8. The Late Hugh Masakela

Hugh Masekela is and was the second richest artist in South Africa. Hugh Masekela rocked South Africa’s music industry with constant releases. He worked productively in his own record company, had many honorary prizes and was nominated for a Grammy Award. He died on January 23. He was a South African trumpeter, composer and singer. Hugh was popularly referred to as “The Father Of South African Jazz” and he is always in the heart of many lovers of Jazz music in South Africa. Even after his death, he is still the eighth on our list.

Hugh Masakela has an estimated net worth of 1.5 million dollars.

Hugh Masakela 

7. Tinashe

 This is another wonderful and wealthy musician from the African continent. Being the only female on our list means she has been successful in her music career. She is an American singer who was born in Lexington, Kentucky to Zimbabwean parents, Professor Michael Kachingwe and his wife Aimie Kachingwe. Tinashe Jorgensen Kachingwe is a singer, songwriter, producer, dancer, fashion model and actress. She is currently signed to Konvict music.

Tinashe has an estimated net worth of 6 million dollars.

Tinashe is the richest african female musician


6. Sarkodie

Sarkodie is a talented rapper and obviously one of the best rappers in the African music industry. He hails from Ghana and was born on the 10th of July 1988. His real name is Michael Owusu Addo but popularly known and fondly addressed by his stage name Sarkodie. He is currently signed to his record label Sarkcess music. He is a rapper, recording artist and an entrepreneur.

Sarkodie currently has five albums in his career and has often been called one of Africa’s greatest hip-hop artistes by prominent sources like MTV Base, Lynx Tv and

Sarkodie has an estimated net worth of 7 million dollars.

sarkodie networth


5. Davido

David Adedeji Adeleke is a Nigerian artiste and son to a Nigerian billionaire Mr. Adeleke. He was born in Atlanta Georgia, USA but later relocated to Nigeria. He is popularly known and called by his stage name Davido. He is a successful musician, singer, songwriter and producer. He has many award nominations, has won many awards and has profitable endorsements to his name. Some of his awards are Headies award, BET and others. Davido was once an ambassador for MTN (a telecommunications giant in Africa), Guinness and is currently an ambassador for Infinix mobile (a smartphone company based in Hong Kong) among others. 

He is signed to Sony Music and is the CEO of his own record label.

Davido has an estimated net worth of 16 million dollars.

davido is among the richest african musicians


4. Wizkid

Ayodeji Ibrahim Balogun popularly known by his stage name Wizkid or sometimes called Starboy is a Nigerian singer and songwriter. He hails from Surulere, Lagos State in Nigeria and was born on the 16th of July 1990. Wizkid gained prominence in the music space in the year 2010 with the release of his song “Holla at your boy” with the Empire Mates Entertainment label.

He also gained international recognition in 2016 with his song titled “One Dance” in which he featured Drake. The song reached number one on music charts in more than fifteen countries including the United States of America, United Kingdom, Australia and Canada. It can be said that Wizkid is one of the successful and wealthy musicians in Africa. 

Wizkid has an estimated net worth of 20 million dollars.

Wizkid networth


3. Don Jazzy

Michael Collins Ajereh is a native of Delta State in Nigeria and was born on the 26th of November 1982 making him 37 years of age. He is the founder and boss of his own record label called Mavin Records (Supreme Mavins Dynasty). Don Jazzy was the co-founder of the defunct Mo hits records which had big artistes like Dbanj and Wande Coal.

Mavins record has produced some of the biggest artistes in the Nigerian music space such as Tiwa Savage, Reekado Banks, Korede Bello, DNA twins, Dija, Rema, etc. He is a producer, songwriter, singer and businessman and has investments in real estate and production of Wi-fi. 

Don Jazzy has an Estimated net worth of 30 million dollars.

don jazzy


Also Read: Top 10 Richest Countries in Africa 2020

2. Black Coffee

Black Coffee is a South African by origin and was born on the 11th of March 1976. He is currently signed to a record label called Soulistic Music. His real name is Nkosinathi Innocent Maphumulo. Black Coffee is a Disc Jockey (DJ), songwriter, producer as well as a singer. He started his career in the year 1995, created his own record label and successfully released five albums. 

He became popular after being picked as a participant for the Red Bull Music Academy in 2004 which took place in Cape Town. After achieving this milestone, he added another feather to his cap by winning the “Breakthrough DJ of the Year” award at the DJ Awards in Ibiza. This event occurred some weeks after he released his fifth music album. 

Black Coffee has an estimated net worth of 60 million dollars making him one of the richest African musicians.

black coffee


1. Akon

Akon’s real name is Aliaume Damala Badara Akon Thiam born to Mor Thiam (father) and Kin Gueye Thiam (mother). He has dual citizenship as he was born in St Louis Missouri, United States of America but also spent part of his life in Senegal.

He is a successful singer, producer, songwriter, actor, entrepreneur and philanthropist. The CEO of Konvict Music, a record label which he is signed to currently. He also produced songs for International artistes such as Michael Jackson, Whitney Houston, Snoop Dogg, Leona Lewis, Sean Paul and Lionel Richie. As a five-time Grammy award nominee and over 35 million albums sold out, we can conclude that he has had a successful music career in Africa. 

Akon has an estimated net worth of 80 million dollars.

akon tops the list for richest african musicians

From the foregoing, you can see that the African music industry has gone very far. These artists have also made an impact not just within their continent but in the global entertainment scene. There are a lot of stars who are looking to displace the ones on the list and it will surely happen someday in the circle of life. Until then, we say kudos to those that have made it to our list. 

Top 10 Richest African Musicians

  1. Akon: 80 million dollars
  2. DJ Black Coffee: 60 million dollars
  3. Don Jazzy: 30 million dollars
  4. Wizkid: 20 million dollars
  5. Davido: 16 million dollars
  6. Sarkodie: 7 million dollars
  7. Tinashe: 6 million dollars
  8. The Late Hugh Masakela: 1.5 million dollars
  9. Jidenna: 1.4 million dollars
  10. The Late Oliver Mtukudzi: 1.2 million dollars


Continue Reading