5 Richest People in Africa

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2) Nassef Sawiris (Egypt)

Net worth: $8.12 billion (2021)
Age: 59

Like his brothers Naguib and Samih, Nassef is also one of the wealthiest people in Africa. He is the youngest among the three brothers and heads Orascom Constructions, formed after the Orascom group was split into multiple companies. His 6% stakes in Adidas AG (ETR: ADS) is his most valuable asset. The NSWE group, which is jointly owned by Nassef and American investor Wes Edens, bought the English football club Aston Villa.

1)   Aliko Dangote (Nigeria)

Net worth: $11.3 billion (2021)

Age: 63

Aliko Dangote is the richest man in Africa and has many titles to his name.  He is also called the undisputed cement king of Africa. With his bold, crazy, and ambitious $12 billion Dangote oil refinery project in Lagos, Aliko Dangote is expected to make a dent in the African oil market. Once completed, the Dangote oil refinery would be the largest in the world producing more than 650,000 BPD. In addition, the refinery will also include a urea manufacturing plant with a capacity of 3 million metric tons per year. Dangote also made his fortune by investing in stocks of publicly-traded salt and sugar manufacturing companies.

You can also take a peek at the 15 Most Valuable Australian Companies and 10 Best Junior Gold Mining Stocks To Buy.

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