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

Magazine Forbes published its annual list of the world’s billionaires for the year 2022. It has a total of 2,668 billionaires, up from 2,755 billionaires in 2021, with a global fortune valued at $12.7 trillion, up from $13 trillion in 2021. The Ukraine crisis has greatly reduced the wings of Russian billionaires due to the fall of the ruble, the fall in share 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 his rockets. SpaceX. , which are helping to revolutionize ground and space transportation. He is ahead of another American, Amazon boss Jeff Bezos ($171 billion) and Frenchman Bernard Arnault & Family, the LVMH boss whose wealth is estimated at $158 billion. Bill Gates and Warren Buffet complete the Top 5 of the richest men in the world with fortunes valued at $129 billion and $118 billion respectively.

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At a continental level, Africa is the continent with the fewest billionaires with only 20 people who have a fortune that reaches at least one billion dollars. These 20 people, of 8 different nationalities, add up to 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 as in previous rankings, it is the Nigerian tycoon Aliko Dangote who tops the list of the richest men in Africa with an estimated fortune of 14,000 million dollars, compared to 11,300 million dollars in the same period last year, thanks in particular. to the good performance of his group’s flagship, the Cementos Dangote 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, the automotive industry, petrochemicals and oil refining in the construction of the largest oil refinery in the world. continent and the 6th in the world.

Here are the Forbes 20 African Billionaires 2022

Surnames and names	Fortune (Mds/$)	african range	world class	Age	sectors
aliko dangote	14	1st	130e	64 years	cement, sugar
johann rupert and family	8.9	2e	230e	71 years	luxury distribution
Nicky Oppenheimer and family	8.7	3e	241e	76 years	diamonds and mines
Nessef Sawiris	7.7	4e	304e	61 years	construction, investment
mike adenuga	7.3	5e	324e	68 years	telecommunications, oil
Abdulsamad Rabiu	6.9	6e	350e	61 years	cement, sugar
nathan kirsch	5.3	7e	509e	90 years	luxury distribution
Issad Rebrad and family	5.1	8e	536e	78 years	agri-food
Naguib Sawiris	3.4	9	883e	67 years	telecommunications
Patrice Motsepe	3.3	10e	913e	60 years	mines, insurance
Strive Masiyima	3	11e	1012e	61 years	telecommunications
Mohamed Mansour	2.5	12e	1238e	74 years	Diversified
Choose Becker	2.1	13e	1341e	69 years	Average
Mohammed Al Fayed	2.1	14e	1445e	93 years	Distribute, invest.
Aziz Ahannouch and family	two	15e	1513e	61 years	Oil, distribution
michiel leroux	1.8	16e	1645e	72 years	bank, finance
Mohamed Dewji	1.5	17e	1929e	46 years	Diversified
Youssef Mansour	1.5	17e	1929e	76 years	Diversified
Othman Benjelloun and family	1.3	19e	2190e	89 years	bank, insurance
Yassen Mansour	1.1	20e	2448e	60 years	Diversified

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

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The Egyptian Nassef Sawiris, who held the second fortune on the continent in 2021, now ranks 4th on a continental level 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 their fortunes in various sectors: telecommunications, oil, construction, mining and metals, cement, agri-food, media, banking and insurance, etc.