Popular, Rich List

The 50 Richest People in Africa

30) Femi Otedola – Net Worth: $1 Billion (Nigerian)

Otedola heads petroleum marketing company Forte Oil. Otedola is the controlling shareholder of Forte Oil, with a 78% stake. The company owns gas stations and fuel storage depots and manufactures its own line of engine oils.

Femi Otedola

29) Anas Sefrioui – Net Worth: $1.1 Billion (Moroccan)

Anas Sefrioui is the head of publicly traded homebuilder Groupe Addoha. Moroccan government’s cutbacks have recently hurt his business.

Anas Sefrioui

28) Theophilus Danjuma – Net Worth: $1.1 Billion (Nigerian)

This 75-year-old billionaire is the founder and owner of South Atlantic Petroleum, a Nigerian upstream oil and gas exploration and production company.

Theophilus Danjuma

27) Sudhir Ruparelia – Net Worth: $1.1 Billion (Ugandan)

The self-made billionaire is one of Uganda’s largest property owners. He owns more than 300 commercial and residential properties through his Ruparelia Group. The company also own a chain of forex bureaus, two Highbrow secondary schools and Crane Bank, one of the Uganda’s top 3 commercial banks. He is East Africa’s richest man.

Sudhir Ruparelia

26) Samih Sawiris – Net Worth: $1.1 Billion (Egyptian)

Samih Sawiris is the youngest son of Egyptian construction magnate Onsi Sawiris. He is the head of Orascom Development, a company which builds and operates resorts in Egypt, Switzerland and Montenegro.

Samih Sawiris

25) Mohammed Dewji – Net Worth: $1.3 Million (Tanzanian)

This 40-year-old Tanzanian millionaire is the youngest among Africa’s 50 richest for the second year. He owns 75 percent of METL Group, one of Tanzania’s largest industrial conglomerates founded by his father.

Mohammed Dewji

24) Miloud Chaabi – Net Worth: $1.3 Billion (Moroccan)

Miloud Chaabi’s business Yanna Holding operates hotels and supermarkets, and develops real estate. It also owns SNEP, a chemical manufacturer in Morocco.

Miloud Chaabi

23) Allan Gray – $1.6 billion (South African)

Allan Gray is the founder of Cape Town-based investment management firm, Allan Gray Limited which he founded in 1973, after earning his MBA from Harvard and spending eight years at Fidelity in the US. The company manages $34 billion, making it the largest privately owned asset manager in South Africa. He also owns Orbis Investment Management in Bermuda which manages $30 billion.

Allan Gray

22) Aziz Akhannouch – Net Worth: $1.7 Billion (Moroccan)

Aziz Akhannouch is the majority shareholder of Akwa Group, a multibillion-dollar Moroccan conglomerate with interests in petroleum, gas and chemicals through its publicly traded subsidiaries.

Aziz Akhannouch

21) Onsi Sawiris – Net Worth: $1.8 Billion (Egyptian)

This 84-year-old billionaire is the patriarch of Egypt’s richest family. He founded the Orascom Construction Industries. Currently his son Nassef heads the company.

Onsi Sawiris

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    i so wish to be on that list bt eish my business is still tht tiny to such an extend tht im a no1 target to the south african police.

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    How is the Ugandan the richest man in East Africa yet in your list there is a Tanzanian Mohammed Dewji whose worth and rank is higher in your very list?

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    we have reach people all over Africa but still we live a low standard of living.
    our children die every day like fowls orphanages are so full but no food for the needy.
    where are we really going to Africans??
    please we should all make an attempt of helping the need’s and the less previlaged.
    I am in Cameroon I have done ellot and the load is big for me alone to Carry please lets try and intersid for others and let us all grab some responsibility

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      Am not even a millionaire bt wit a tiny humble business I hv some people do survive. They will stay millionaires in earth, shame hw poor are they in front of God.

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    born to be poor isn’t a mistake, but die in pooverty is the greatest mistake. aid to poor and needy excel you.

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    I’ve just realised that there no Kenyan billionaires in the top list and yet some of them are claiming so.

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