This ranking is base on their investments, properties, earnings per minutes and so on. Forbes magazine, one of the most trusted in the business of net worth as usual, brings to your finger tips, ranking of the top 10 richest men in the world, in no particular order.
Forbes Magazine do not take into considerations, politicians, drug barons or illegal oil bunkers when compiling the net worth list of Africa’s richest men because of their illicit ways of acquiring wealth, only genuine business men whom their sources of income can be traced and deemed legal.
Now relax as we bring you the list of top 10 richest men in Africa and their net worth.
Top 10 Richest Men In Africa And Their Net Worth
Morocco, 85 years, worth 1.93 billion USD
It is a Moroccan businessman who made his fortune in banking, insurance, telecommunications and also by inheritance. His father was a major shareholder of an insurance company that Othman bought in 1988, turning it into a banking company, BMCE Bank, which is now present in at least 15 countries. However, its greatest asset is the RMA Watanya, an insurance company.
9. Mohamed Mansour
Egypt 65 years, 3.1 billion
This millionaire ‘self-made’ in Cairo, capital of Egypt, and with two brothers drive sales of tractors and Caterpillar equipment to eight African countries and Russia through the Mansour Group. Born in one of the most prominent business families of Alexandria and graduated in Engineering at the University of North Carolina, USA, in 1968.
Algeria, 72 years, 3.4 billion US Dollars
It is an Algerian entrepreneur and is CEO of CEVITAL industrial group. This is the largest private company in Algeria, employing thousands of people in four main sectors: steel industry, food industry, agribusiness and electronics. Your first step towards becoming one of the richest people of Africa was given to buy construction company’s shares and metallurgical Sotecom.
Angola, 43 years, Worth 3.4 billion US Dollars
It is the richest woman in Africa, and its first multi-million dollar. It has interests in a business series, including telecommunications, media, finance, banking and energy industry, mainly in Angola and Portugal. He said in an interview that the future of telecommunications in Africa is mainly focused on connectivity.
South Africa, 74 years, worth 7.4 billion US Dollars
This tycoon South African retail owns one of the most successful country supply chains, Shoprite, which has stores in 17 African countries. It also owns Pepkor, a clothing brand that works with various brands of discounts. He was a student of Stellenbosch University in South Africa, is married and has three children.