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

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

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.

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

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.

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