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10 richest people in Africa in Q1 2024

The Africa Agenda by The Africa Agenda
April 2, 2024
in History, News, Opinion
0
The Phoenix President: Bassirou Diomaye Faye’s Journey from Chains to Crown

Amidst the whirlwind of economic shifts sweeping across the African continent, the fortunes of its wealthiest individuals have undergone significant transformations. At the dawn of 2024, Johann Rupert & Family claimed the mantle of Africa’s richest, wielding a formidable net worth of $10.3 billion. Yet, Aliko Dangote, not to be outdone, trailed closely with a substantial $9.5 billion to his name. Fast forward to the present, and the tides have turned dramatically. Dangote’s fortune has surged to an impressive $15.1 billion, relegating Rupert & Family to a trailing position with $11.2 billion.

In this fluid landscape of wealth, notable shifts have occurred. Issad Rebrab & Family, once a stalwart on Africa’s top 10 billionaire list with a fortune of $4.6 billion, has now bowed out, making way for Koos Bekker, who ascends to elite status with a worth of $2.7 billion.

Meanwhile, the narrative of Nigerian tycoon, Mike Adenuga, unfolds as a tale of remarkable ascent. Starting the year as the 10th richest with $3.1 billion, Adenuga now commands a staggering $6.9 billion, securing the coveted 6th position among Africa’s wealthiest.

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Below stands the revised roster of Africa’s 10 richest individuals in Q1, 2024:

Rank | Name | Net Worth | Country | Industry | Global Rank

Tweets by Thefrica_Agenda


1 | Aliko Dangote | $15.1 billion | Nigeria | Cement, Sugar | 129th


2 | Johann Rupert & Family | $11.2 billion | South Africa | Luxury goods | 228th


3 | Nicky Oppenheimer & Family | $9.5 billion | South Africa | Diamonds | 256th


4 | Nassef Sawiris | $8.9 billion | Egypt | Construction and investments | 287th


5 | Nathan Kirsh | $7.1 billion | Eswatini (Swaziland) | Retail, real estate | 384th


6 | Mike Adenuga | $6.9 billion | Nigeria | Telecom, oil | 407th


7 | Abdulsamad Rabiu | $6.3 billion | Nigeria | Cement, Sugar | 461st


8 | Naguib Sawiris | $3.8 billion | Egypt | Telecom | 846th


9 | Mohamed Mansour | $3.2 billion | Egypt | Diversified | 1039th


10 | Koos Bekker | $2.7 billion | South Africa | Media, investments | 1255th

This dynamic landscape underscores the fluidity of wealth in an ever-evolving economic ecosystem, where fortunes rise and fall amidst the shifting sands of prosperity.

By: Moses Desire Kouyo- Broadcast Journalist

Post Views: 200
Tags: 10 richest people in AfricaAfricaAliko DangoteNewsNews Ghana
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