List Of Top 20 Forbes Richest People In Africa 2020

American business magazine Forbes has finally published a list of top 20 richest people in Africa as of 2020, and surprisingly, no Kenyan billionaire features on the list. Nigeria’s magnate Aliko Dangote still maintains the top spot for the ninth year in a row. Egyptian billionaire Nassef Sawiris who accumulates his wealth from construction and chemicals business takes the second spot. Nigerian billionaire businessman Mike Adenuga who ranked second last year drops to number three.

Mohammed Dewji, 44, is still the youngest billionaire in the list with an estimated net worth of $1.6 billion. The Tanzanian’s sources of wealth include manufacturing, agriculture, trading, finance, mobile telephony, insurance, real estate, transport and logistics, and food and beverages. All these under Mohammed Enterprises Tanzania Limited (MeTL), a commodities trading business founded by his father.

Othman Benjelloun, 87, is the oldest billionaire in the list with an estimated net worth of $1.4 billion. Othman who hails from Morocco has interests in banking and insurance.

Isabel dos Santos still remains the richest woman in Africa with an estimated net worth of $2.2 billion. The 46-year-old is a daughter to the immediate former president of Angola, Jose Eduardo dos Santos.  Her investments interests include telecommunications, media, retail, finance and the energy industry.

Below is a full list of the 20 richest billionaires in Africa as of 2020 according to Forbes Magazine.

 

 

Name

Networth

Country

Age

Investments

​​ 

1

​​ 

Aliko Dangote

​​ 

$10.1 B

​​ 

Nigeria

​​ 

62

​​ 

Cement, sugar, flour

​​ 

2

​​ 

Nassef Sawiris

​​ 

$8 B

​​ 

South Africa

​​ 

59

​​ 

Construction, chemicals

​​ 

3

​​ 

Mike Adenuga

​​ 

$7.7 B

​​ 

Nigeria

​​ 

66

​​ 

Telecom, Oil

​​ 

3

 

Nicky Oppenheimer

 

$7.7 B

 

South Africa

 

74

 

Diamonds

​​ 

5

 

Johann Rupert

 

$6.5 B

 

South Africa

 

69

 

Luxury goods

​​ 

6

 

Issad Rebrab

 

$4.4 B

 

Algeria

 

76

 

Food

​​ 

7

 

Mohamed Mansour

 

$3.3 B

 

Egypt

 

72

 

Diversified

​​ 

8

 

Abdulsamad Rabiu

 

$3.1 B 

 

Nigeria

 

79

 

Cement, Sugar

​​ 

9

 

Naguib Sawiris

 

$3 B

 

Egypt

 

65

 

Telecom

​​ 

10

 

Patrice Motsepe

 

$2.6 B

 

South Africa

 

 

57

 

Mining

​​ 

11

 

Koos Bekker

 

$2.5 B

 

South Africa

 

67

 

Media, Investments

​​ 

12

 

Yasseen Mansour

 

$2.3 B 

 

Egypt

 

58

 

Diversified

​​ 

13

 

Isabel dos Santos

 

$2.2 B

 

Angola

 

46

 

Investments

​​ 

14

 

Youssef Mansour

 

$1.9 B

 

Egypt

 

74

 

Diversified

​​ 

15

 

Aziz Akhannouch

 

Morocco

 

$1.7 B

 

59

 

Petroleum, Diversified

​​ 

16

 

Mohammed Dewji

 

Tanzania

 

$1.6 B

 

44

 

Diversified

​​ 

17

 

Othman Benjelloun

 

Morocco

 

$1.4 B

 

87

 

Banking, Insurance

​​ 

18

 

Michiel Le Roux

 

South Africa

 

$1.3 B

 

70

 

Banking

​​ 

19

 

Strive Masiyiwa

 

Zimbabwe

 

$1.1 B

 

 

58

 

Telecom

​​ 

20

 

Folorunsho Alakija

 

Nigeria

 

$1 B

 

69

 

Oil