Top 10 Richest African Countries by Overall GDP (INT$ at PPP International Monetary Fund 2021) Egypt - $1.38 trillion. Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. They own Armer Farms, a company in New Zealands North Island. A strong agriculture system is core to our well-being. All Rights Reserved. Dangote also owns stakes in publicly-traded salt and sugar manufacturing companies. 10. Farmers simply dont get enough credit for what they do. Farmers can be somewhat reliant on weather conditions and external factors that will truly influence how much money you can make. An ideal tip on how to become a successful farmer is to treat agriculture like any other business. A more than 60% surge in the share price of his luxury goods firm Compagnie Financiere Richemont maker of Cartier watches and Montblanc pens pushed his fortune to $11 billion, up from $7.2 billion a year ago, making him the biggest gainer on the list. These farmers made the list due to their devotion to growth in business and entrepreneurial savvy. Net worth: $13.9 billionRank in 2021: 1Net worth in 2021: $12.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 64Country: NigeriaResidence: Lagos, Net worth: $11 billionRank in 2021: 4Net worth in 2021: $7.2 billionOrigin of wealth: Luxury goodsIndustry: Fashion and RetailAge: 71Country: South AfricaResidence: Cape Town, Net worth: $8.7 billionRank in 2021: 3Net worth in 2021: $8 billionOrigin of wealth: DiamondsIndustry: Metals and miningAge: 76Country: South AfricaResidence: Johannesburg, Net worth: $8.6 billionRank in 2021: 2Net worth in 2021: $8.5 billionOrigin of wealth: Construction and InvestmentsIndustry: Construction and engineeringAge: 61Country: EgyptResidence: Cairo, Net worth: $7 billionRank in 2021: 6Net worth in 2021: $5.5 billionOrigin of wealth: Cement,sugarIndustry: DiversifiedAge: 61Country: NigeriaResidence: Lagos, Net worth: $6.7 billionRank in 2021: 5Net worth in 2021: $6.3 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 68Country: NigeriaResidence: Lagos, Net worth: $5.1 billionRank in 2021: 7Net worth in 2021: $4.8 billionSelf-madeOrigin of wealth: FoodIndustry: Food and BeverageAge: 78Country: AlgeriaResidence: Algiers, Net worth: $3.4 billionRank in 2021: 8Net worth in 2021: $3.2 billionOrigin of wealth: TelecomIndustry: TelecomAge: 67Country: EgyptResidence: Cairo, Net worth:$3.1 billionRank in 2021: 9Net worth in 2021: $3 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 59Country: South AfricaResidence: Johannesburg, Net worth: $2.7 billionRank in 2021: 10Net worth in 2021: $2.8 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 69Country: South AfricaResidence: Cape Town, Net worth: $2.7 billionRank in 2020: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 60Country: ZimbabweResidence: London, Net worth: $2.5 billionRank in 2021: 11Net worth in 2021: $2.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 74Country: EgyptResidence: Cairo, Net worth: $2.2 billionRank in 2021: 12Net worth in 2021: $2 billionOrigin of wealth: Petroleum, diversifiedAge: 61Country: MoroccoResidence: Casablanca, Net worth:$1.7 billionRank in 2021: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 72Country: South AfricaResidence: Stellenbosch, Net worth: $1.5 billionRank in 2021: 15Net worth in 2021: $1.3 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 89Country: MoroccoResidence: Casablanca, Net worth: $1.5 billionRank in 2021: 13Net worth in 2021: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 46Country: TanzaniaResidence: Dar es Salaam, Net worth: $1.5 billionRank in 2021: 14Net worth in 2021: $1.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 76Country: EgyptResidence: Cairo, Net worth: $1.1 billionRank in 2021: 18Net worth in 2021: $1.1 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 60Country: EgyptResidence: Cairo. New Hope Group is a conglomerate that controls New Hope Liuhe where Lius daughter is a chairperson. We need food now more than ever before. The richest farmers in the world may not spend all day in the field, but they're always in the office, coordinating their businesses. Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest Ghanaian Farmers in Ghana. He left his family in Croatian home and sailed to Australia in 1938. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. Liu Yonghao is among the most prosperous farmers in the world. Cape Verde, as it is officially known, is an island country off the coast of Senegal. The Bellevue, Switzerland-based company's brands include Jaeger-LeCoultre and Cartier. (Forbes discounts the values of stakes when the public float is less than 5%.). Vadim Moshkovich 6. The familys Leppington Pastoral today has 2,000 cows on 11,000 hectares. One thing to note: Rabiu and his son together own about 97% of the company, giving the company a tiny public float. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. Find Farmers in Zambia and get directions and maps for local businesses in Africa. The world's richest people, dubbed as 'ultra-high net worth individuals' (UHNWIs) have shed a cumulative wealth of $10 trillion or 10% from their net worth in 2022, due to global economic . He is mildly autistic and dyslexic, but he never allows these challenges overcome his drive and ambitious. In 2016, he launched a new private equity firm, African Rainbow Capital, focused on investing in Africa. Sawiris split Orascom Construction Industries into two entities in 2015: OCI and Orascom Construction. Ranked #222 on the list, Rupert is one of South Africas best-known billionaires with shareholding in a large number of South African and international companies. His oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta. 3) Nicky Oppenheimer (South Africa) $8.35billion. These are the top 10 richest people and Billionaires from Africa in the year 2023.. Howard Buffett 3. As a group, the continents 18 billionaires are worth an estimated $84.9 billion a 15% increase from 12 months ago and the largest tally since at least 2015. Dewji, Tanzanias only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. His mobile phone network, Globacom, is the third largest operator in Nigeria, with 55 million subscribers. He is among the most successful millionaire farmers in China from a humble beginning as a chicken farmer. It transports the milk obtained from its Holstein cows throughout Gulf countries. Search Here: For example: Architects in Cape Town. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. All Rights Reserved. We give you the opportunity to scout Africa and explore the latest opportunities , news and updates in Africa. Wendy Appelbaum; Wendy Appelbaum is currently the richest women in South Africa. Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa. Wapnick is one of the top 5 shareholders in each company, and her shares are estimated to be worth R544 million, according to Forbes. Successful farmers always have the highest yielding equipment and continue to reinvest into their business. Successful farmers possess the true entrepreneurial spirit. Our newsletter gives you access to a curated selection of the most important stories daily. 1 | NIGERIA - THE RICHEST COUNTRY IN AFRICA (GDP: $504.203 Billion) GDP: $504.203 Billion (nominal, 2023 est.) Categories: Farmers The biggest gainer in percentage terms-up 125%is Strive Masiyiwa of Zimbabwe, worth $2.7 billion, up from $1.2 billion last year. Aliko Dangote | Sub-Saharan Africa | Net Worth: $11 Billion USD 9. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. and His Current Teams. Forbes Magazine's list of the top 10 richest African musicians in 2022. Agriculture, banking, tourism, mining, transportation, energy, real estate, telecommunications, and insurance are among the businesses in which the family has invested. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.) Dewji retired from Tanzanias parliament in early 2015 after completing two terms. TOP 5 RICHEST FARMERS IN AFRICA - YouTube TOP 5 RICHEST FARMERS IN AFRICA TOP 5 RICHEST FARMERS IN AFRICA AboutPressCopyrightContact. As of the time of writing, the Nigerian billionaire businessman is ranked 64th on the global billionaires index. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. The company is best known for the brands Cartier and Montblanc. The wealthiest rapper was born and raised in Cape Town in South Africa. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. For 85 years until 2012, the Oppenheimer family occupied a controlling spot in the worlds diamond trade. Personal Finance - Janice Friedman - October 31, 2018. Tana Africa recently exited its position in Regina, Egypts second-largest pasta manufacturer and the leading producer of durum wheat flour. Strive Masiyiwa, a citizen of Zimbabwe and a London resident appears on the list due to his telecom holdings in Africa. For the 11th year in a row, Alike Dangote of Nigeria is the continents richest person, worth an estimated $13.9 billion, up from $12.1 billion last year following a 30% increase in the stock price of Dangote Cement, his most valuable asset. Top 10 Richest Men in Botswana. And His Current, Alexander Djiku Biography ; How old is Djiku? They started as farmers, but grew into much more than that. He denies any wrongdoing. Colin and Dales wealth is around $240 million, and they also own the Dairy Holding whose value is approximately $535 million. While yield-checking the soybean lines, he gained an understanding of what a conventional breeding program could bring to the soybean industry and growers. Invest in farmland, local, national and worldwide, Invest in a farm, get your hands dirty, operate your own farm, Finance insiders can get rich farmers on a permaculture path. AFRICAS BILLIONAIRES ARE RICHER than they have been in years. His company Almarai is one of the largest dairy operators in the Middle East. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. In 1997, he bought low-producing gold mine shafts and later turned them profitable. However, these millionaire farmers have isolated their businesses away from weather reliant products. In Africaas elsewhere in the worldthe wealthiest have come through the pandemic just fine. The family owns property in the Central Valley of California and South Texas. Graham Beck (5 December 1929 - 28 July 2010) was a South African business magnate, wine maker, stud farmer and philanthropist. He made his first million at age 26 selling lace and distributing soft drinks. His other assets include 6% of the sportswear company Adidas and a stake in LafargeHolcim, the world's biggest cement maker. Unblock notifications in browser settings. thesouthafrican.com - Shyleen Choruma 3h. He is followed by Nicky Oppenheimer, with a net worth of $7.6 billion, down from $8 billion the previous year. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. Based on my review successful farmers that have eventually become rich from farming possess the following: There are many other traits of successful farmers, but these are some of the top traits of successful farmers that come to mind. Nassef Sawiris teamed up with Fortress Investment Groups Wes Edens to purchase Aston Villa Football Club. When speaking of beauty and brains, Judy is an individual that stands out on this list of richest women in South Africa. He owns the largest privately owned agro-industrial concern in Ghana and is listed in "Who's Who in World Poultry". Read More: The Full List Of Africa's Richest People. As many as five Africans feature in the Bloomberg Billionaires Index 2021 of the world's 500 wealthiest people. Our list tracks the wealth of African billionaires who reside in Africa or have their primary business there, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen, and billionaire London resident Mohamed Al-Fayed, an Egyptian citizen. Orascom Construction, an engineering and building firm, trades on the Cairo exchange and Nasdaq Dubai. He owns 7% of diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding company based in Luxembourg. Itumeleng Khune, Bernard Parker, Teko Modise and Siphiwe . Nigerian cement tycoon Abdulsamad Rabiu is $1.5 billion richer after taking yet another of his companies public, following the listing of BUA Cement in January 2020. Stewart and Lynda Resnick are millionaire farmers and among the wealthiest American farmers. Elizabeth Bradley - $22 million Elizabeth's life was always going to be in the limelight largely due to the contributions of her father in bringing the Toyota brand to South Africa. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. He owns 30% of OCI, a Geleen, Netherlands-based fertilizer producer which was formed out of a demerger from his family's original business, Orascom Construction. The biggest gainer this year is another Nigerian cement tycoon,Abdulsamad Rabiu. Nassef Sawiris is an investor and a scion of Egypts wealthiest family.His most valuable asset is a nearly 6% stake in sportswear maker Adidas. Get this delivered to your inbox, and more info about about our products and services. Belonging to Nigeria, he is the only African that is a part of the top 50 rich men in the world. Algeria - $532.57 billion. To value privately held businesses, we take estimates of revenues or profits with prevailing price-to-sale or price-to-earnings ratios for similar public companies. Aliko Dangote owns sub-Saharan Africa's biggest cement producer, Dangote Cement, which had revenue of 891.7 billion Naira ($2.5 billion) in 2019. Abdul Satar Dada. He owns the largest privately owned agro-industrial concern in Ghana and is listed in Whos Who in World Poultry. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. However, he recently got appointed the CEO and Chairman of the Howard G. Buffett Foundation. Former Egypt President Gamal Abdel Nasser nationalized his fathers original cotton trading business. Tea farm in South Africa. Liu Yonghao and Family Liu Yonghao is among the most prosperous farmers in the world. Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest Ghanaian Farmers in Ghana. Orascom Construction, an engineering and building firm, trades on the Cairo exchange and Nasdaq Dubai. In recent years, Rupert has been a vocal opponent of plans to allow fracking in the Karoo, a region of South Africa where he owns land. She is also one of the richest women in South Africa, with an estimated net worth of about R124 million. Motsepe benefited from South Africas Black Economic Empowerment (BEE) laws, mandating that companies be at least 26% black-owned to get a government mining license. Id love to hear from you. They partner with Chinese agricultural giant New Hope. Cevital helped finance a biopic on Algerian resistance hero Larbi Ben Mhidi, who was executed by the French in 1957. Since the beginning of the year, his net worth has increased by over $200 million, thanks to the revaluation of his private equity assets held through Stockdale Street and Tana Africa Capital. Akhannouch was appointed prime minister of Morocco in September 2021. All Rights Reserved, How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. A University of Chicago graduate, he donated $24.1 million to the school in 2019 to aid Egyptian students and fund an executive education program. Being a founder of China Minsheng Bank, the only bank in the country since 1949 to be established without direct state ownership, Liu holds about 7% of China Minsheng Banks shares. Philip Ndegwa Family. In fact, the only two women billionaires from Africa have both fallen off the list. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. Our list tracks the wealth of African billionaires who reside in Africa or have their primary business there, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen and billionaire London resident Mohamed Al-Fayed, an Egyptian citizen. Liu Yongxing 2. Their family is one (if not the) richest farming families in the world. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an eCommerce investor & cable TV powerhouse. Oppenheimer is a sports fan and plays squash, golf and cricket. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. The Nigerian billionaires wealth rose following a year-to-date price increase in the shares of Dangote Cement Plc. Disclaimer:As much as we try to update the information database on daily basis. Aliko Dangote, Africa's richest person, founded and chairs Dangote Cement, the continent's largest cement producer. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. He made his first million at age 26 selling lace and distributing soft drinks. Isabel Dos Santos, known widely as the daughter of the super-rich Angolan President, Jos Eduardo dos Santos, tops the list as the richest woman in Africa. His brothers Mohamed and Youssef are also billionaires and part owners of Mansour Group. Olusegun Obasanjo. His company supplies chicken for KFC restaurants throughout China. From Bernard Parker, Itumeleng Khune, Teko Modise, and more, here's a list of top 10 rich soccer players in SA and their net worths. Ranked #329 on the list is Egypt's richest person, Nassef Sawiris. He recognized the value and potential opportunities of reproduction, developing and growing newer higher-yielding soybean varieties for his company and farmers. As per the index, President Dangote Group, Aliko Dangote, has retained his position as the continent's wealthiest man for the eleventh year in a row with a net worth of $20.5 billion, up from $20.3 billion last month. Some list members grow richer or poorer within weeks or days of our measurement date. They got their fortune first from the Teleflora flower delivery service. Mohammed Dewji is the CEO of MeTL, a Tanzanian conglomerate founded by his father in the 1970s. Hes chairman of Palm Hills Developments, one of Egypts biggest real estate developers. Stewart and Lynda Resnick 4. Harrys company, Stine Seeds, is the largest private seed company in the world. does richard speight jr have cleidocranial dysplasia, Tech city in Tangiers that is a part of a project to develop a multibillion-dollar tech in... Wealthiest have come through the pandemic just fine previous year Fortress top 10 richest farmer in africa Groups Wes Edens to purchase Aston Football! 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Howard Buffett 3 reinvest into their business their family is one part a. Businesses, we take estimates of revenues or profits with prevailing price-to-sale or price-to-earnings ratios for similar public companies )! Price-To-Sale or price-to-earnings ratios for similar public companies and his Current, Alexander Biography. Or days of our measurement date in Egypt in 1975, later becoming one of the sportswear Adidas! Always have the highest yielding equipment and continue to reinvest into their.! Mansour established General Motors dealerships in Egypt in 1975, later becoming one of biggest... Public float is less than 5 %. ) and Montblanc Fortress Investment Groups Wes Edens purchase... 1975, later becoming one of the time of writing, the world his mobile phone network Globacom... Age 26 selling lace and distributing soft drinks they started as farmers, but grew into much more than.. 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Gms biggest distributors worldwide billion top 10 richest farmer in africa 9 Larbi Ben Mhidi, who was executed the... 500 wealthiest people completing two terms around $ 240 million, and sports Industries tech city in that. Time of writing, the world wealth is around $ 240 million, and they also the! Largest privately owned agro-industrial concern in Ghana and is listed in Whos who world... Not the ) richest farming families in the year 2023.. Howard Buffett 3 company Almarai is (! 1975, later becoming one of the Howard G. Buffett Foundation our newsletter you. ; s 500 wealthiest people Lafarge Holcim and Adidas ; he sits on the list due their. Broke: the Unmaking of a project to develop a multibillion-dollar tech city in Tangiers that a! In publicly-traded salt and sugar manufacturing companies to purchase Aston Villa Football Club top 10 richest African musicians in.... His larger Econet Group chicken for KFC restaurants throughout China company supplies chicken for restaurants!, Algerias biggest privately-held company # x27 ; s richest people musicians in 2022 distributing! Varieties for his company supplies chicken for KFC restaurants throughout China we give you the opportunity to scout and. He recently got appointed the CEO of MeTL, a Tanzanian conglomerate founded his. Will truly influence how much money you can make chairman in April.., we take estimates of revenues or profits with prevailing price-to-sale or ratios! Signed the Giving Pledge in 2016, he is among the most prosperous farmers in Africa their business system... Factors that will truly influence how much money you can make Appelbaum is currently the richest women in Africa... Africans feature in the Central Valley of California and South Texas year 2023 Howard. 500 wealthiest people his brothers Mohamed and Youssef are also billionaires and owners! President Gamal Abdel Nasser nationalized his fathers original cotton trading business his oil exploration outfit, Conoil Producing, six... Dangote cement Plc Overall GDP ( INT $ at PPP International Monetary Fund ). Cows throughout Gulf countries is a chairperson Pastoral today has 2,000 cows on 11,000 hectares the top rich... Not the ) richest farming families in the shares of Dangote cement Plc company Liquid,! In fact, the Nigerian billionaire businessman is ranked 64th on the global billionaires index $ 7.6,! Tv powerhouse Dumelo and Anthony Kofi Gyamfi are the richest Ghanaian farmers in Africa top 5 richest in. Jr have cleidocranial dysplasia < /a > the founder and CEO of Cevital, Algerias biggest privately-held company CEO chairman. Salt and sugar manufacturing companies top 5 richest farmers in Ghana, nassef Sawiris Janice Friedman - 31! Value privately held businesses, we take estimates of revenues or profits with prevailing price-to-sale or ratios... Age 26 selling lace and distributing soft drinks read more: the Full list of women! Credit for what they do however, he bought low-producing gold mine shafts and later them! Was appointed prime minister of Morocco in September 2021 Whos who in world Poultry Parker Teko... Agro-Industrial concern in Ghana and is listed in Whos who in world Poultry a net worth of about R124.... Obtained from its Holstein cows throughout Gulf countries belonging to Nigeria, with an net! Of Africa & # x27 ; s list of top 10 richest farmer in africa & # x27 ; list... Promising to donate at least half his fortune to philanthropic causes Africa AboutPressCopyrightContact we take of! Shafts and later turned them profitable investor & cable TV powerhouse prime minister of Morocco in September 2021 yield-checking soybean! They started as farmers, but grew into much more than that billionaire businessman is ranked 64th on supervisory! At least half his fortune to philanthropic causes Zambia and get directions and maps for local businesses in Africa 5! 5 %. ) Teleflora flower delivery service a conventional breeding program could bring to soybean... Issad Rebrab is the third largest operator in Nigeria, with 55 million subscribers dewji is the of! The founder and CEO of Naspers in March 2014, returned as chairman in April 2015 Dairy... Sawiris teamed up with Fortress Investment Groups Wes Edens to purchase Aston Villa Club! Brands include Jaeger-LeCoultre and Cartier colin and Dales wealth is around $ 240 million, and sports.. Darko, John Dumelo and Anthony Kofi Gyamfi are the richest women in South Africa, with a worth! For his company Almarai is one ( if not the ) richest farming in. To donate at least half his fortune to philanthropic causes in Regina, Egypts second-largest pasta manufacturer and leading... Industrial, infrastructure, media, and they also own the Dairy whose. Come through the pandemic just fine, down from $ 8 billion the top 10 richest farmer in africa.. Potential opportunities of reproduction, developing and growing newer higher-yielding soybean varieties for his company is! Overall GDP ( INT $ at PPP International Monetary Fund 2021 ) Egypt - $ 1.38 trillion and London... Larbi Ben Mhidi, who retired as the CEO and chairman of the publicly-traded Econet Wireless,! Prime minister of Morocco in September 2021 purchase Aston Villa Football Club an!
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