Aliko Dangote was the wealthiest person in Africa as of June 2022. He was ranked 125th in the world and had a net worth of approximately 15 billion dollars. He is the founder and chairman of the Nigerian-born Dangote Group, a sizable conglomerate with operations in a number of industries, including sugar and cement. With a net worth of 8.6 billion dollars, the South African family and Nicky Oppenheimer were the second-richest people in Africa.

The Dangote Group keeps growing

The Dangote Group (Dangote Industries Limited), one of the biggest conglomerates in Africa, was founded in 1981. The largest producer of cement on the African continent is Dangote Cement Plc, its principal subsidiary. As the largest firm listed on the Nigerian Stock Exchange, the corporation went public in 2010. The Group produces and processes food items like sugar, flour, and salt in addition to working in the cement business. Dangote has expanded his company into the oil sector because Nigeria is the top oil-producing nation in Africa. The Group constructed the largest oil refinery in Africa for this purpose close to Lagos, Nigeria.

The richest nations in Africa

Africa has a few wealthy nations, and within those, a few wealthy families. The wealthiest countries in Africa are South Africa, Egypt, and Nigeria, which also have the continent’s highest rates of billionaires and greatest GDPs. High-net-worth individuals (HNWIs), of which South Africa has approximately 39,000, are most prevalent in these nations. The biggest concentration of private wealth in Africa is found in Johannesburg and Cape Town, which is not surprising. After Mauritius, South Africa has the most wealth per capita.

Here is the same list of Richest men in Africa in table format:

Name(Country)Net worth in billion U.S. dollars
Aliko Dangote(Nigeria)14.9
Nicky Oppenheimer and family(South Africa)8.6
Johann Rupert and family(South Africa)7.5
Nassef Sawiris(Egypt)7.1
Abdulsamad Rabiu(Nigeria)6.7
Mike Adenuga(Nigeria)6.3
Issad Rebrab and family(Algeria)5.1
Nathan Kirsh(Eswatini)4.8
Naguib Sawiris(Egypt)3.4
Patrice Motsepe(South Africa)2.6
Mohamed Mansour(Egypt)2.5
Strive Masiyiwa(Zimbabwe)2.2
Koos Bekker(South Africa)2.2
Mohamed Al Fayed(Egypt)2
Aziz Akhannouch and family(Morocco)1.9
Michiel Le Roux(South Africa)1.6
Mohammed Dewji(Tanzania)1.5
Youssef Mansour(Egypt)1.5
Othman Benjelloun and family(Morocco)1.2
Yasseen Mansour(Egypt)1.1
Top Richest Men in Africa Ranked , Billionaires in Arica

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