Here are the 20 African billionaires of the latest Forbes 2022 ranking

#Morocco : The world has 2,668 billionaires, according to Forbes’ annual report, including only 20 Africans, from 8 different countries, with a combined fortune of 90 billion dollars. The Nigerian Dangote remains the richest man in Africa and the Maghreb is represented by three billionaires.

The magazine Forbes published its annual list of the world’s billionaires for the year 2022. It has a total of 2,668 billionaires, compared to 2,755 billionaires in 2021, with a global fortune valued at 12,700 billion dollars, compared to 13,000 billion dollars in 2021. The Ukrainian crisis has greatly reduced the wings of Russian billionaires due to the fall of the rouble, the fall in stock prices of Russian companies and the freezing of part of their fortunes.

For this new ranking, it is the American of South African origin Elon Musk who sits at the top of the richest men in the world with a fortune estimated at 219 billion dollars, thanks in particular to his electric cars -Telsa- and its SpaceX rockets, which are helping to revolutionize land and space transport. He is ahead of another American, the boss of Amazon Jeff Bezos (171 billion dollars) and the French Bernard Arnault & Family, the boss of LVMH whose wealth is estimated at 158 ​​billion dollars. Bill Gates and Warren Buffet complete the Top 5 richest men in the world with fortunes valued at $129 billion and $118 billion respectively.

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At the continental level, Africa is the continent with the fewest billionaires with only 20 people having a fortune reaching at least one billion dollars. These 20 people, of 8 different nationalities, combine a total fortune of 90 billion dollars.

Egyptians (6 billionaires) and South Africans (5 billionaires) are the most represented in this ranking of billionaires, followed by Nigerians (3 billionaires) and Moroccans (2 billionaires). Algeria, Eswatini, Zimbabwe and Tanzania each have a billionaire.

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And like previous rankings, it is the Nigerian tycoon Aliko Dangote who sits at the top of the list of the richest men in Africa with an estimated fortune of 14 billion dollars, once morest 11.3 billion dollars at the same period. last year, thanks in particular to the good behavior of the flagship of his group, the Dangote Cement holding company present in several African countries. The Nigerian billionaire who made his fortune in cement and agri-food (sugar, flour, etc.) has embarked on the diversification of his group by launching into fertilizers, automobiles, petrochemicals and oil refining in building the largest oil refinery on the continent and the 6th in the world.

Here are the 20 African billionaires of Forbes 2022

Lastnames and firstnames

Fortune (Mds/$)

African rank

World rank

Age

Sectors

Aliko Dangote

14

1st

130e

64 ans

Cement, sugar

Johann Rupert & family

8,9

2e

230e

71 ans

Luxe, distribution

Nicky Oppenheimer & family

8,7

3e

241e

76 ans

Diamond and mines

Nessef Sawiris

7,7

4e

304e

61 ans

Construction, investment

Mike Adenuga

7,3

5e

324e

68 ans

Telecom, oil

Abdulsamad Rabiu

6,9

6e

350e

61 ans

Cement, sugar

Nathan Kirsh

5,3

7e

509e

90 ans

Luxe, distribution

Issad Rebrad & family

5,1

8e

536e

78 ans

Agrifood

Naguib Sawiris

3,4

9th

883e

67 ans

Telecom

Patrice Motsepe

3,3

10e

913e

60 ans

Mines, assurance

Strive Masiyima

3

11e

1012e

61 ans

Telecom

Mohamed Mansour

2,5

12e

1238e

74 ans

Diversified

Chose Bekker

2,1

13e

1341e

69 ans

Average

Mohamed Al-Fayed

2,1

14e

1445e

93 ans

Distrib., invest.

Aziz Ahannouch & family

2

15e

1513e

61 ans

Oil, distribution

Michiel Le Roux

1,8

16e

1645e

72 ans

Bank, finance

Mohammed Dewji

1,5

17e

1929e

46 ans

Diversified

Youssef Mansour

1,5

17e

1929e

76 ans

Diversified

Othman Benjelloun & family

1,3

19e

2190e

89 ans

Bank, insurance

Yassen Mansour

1,1

20e

2448e

60 ans

Diversified

Thanks to the sharp increase in his fortune, Dangote made a significant jump in the ranking of billionaires from 192nd to 130th in the world. He is followed, at the continental level, by South Africans Johan Rupert & Family ($8.9 billion) and Nicky Oppenheimer & Family ($8.7 billion), the family whose grandfather founded the mining company of De Beers diamond.

>>> READ ALSO: Video. Exclusive: Billionaire Aliko Dangote believes Africa is off to a good start

The Egyptian Nassef Sawiris who held the second fortune of the continent in 2021 now ranks 4th continentally with a fortune of 7.7 billion dollars. He is one of the few billionaires on the continent whose fortunes have declined in 2022, compared to 2021.

Egyptian Mohamed Al Fayed, 93, whose fortune is estimated at $2.1 billion, is the continent’s oldest billionaire, while Tanzanian Mohammed Dewji remains the continent’s youngest billionaire.

Finally, African billionaires have generally made a fortune in various sectors: telecoms, oil, construction, mining and metals, cement, agri-food, media, banking and insurance, etc.

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