The 10 richest people in Africa at the end of June 2022 (billionaires.africa)

The 10 richest people in Africa at the end of June 2022 (billionaires.africa)

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(Agence Ecofin) – The overall fortune of the 10 richest Africans at the end of the first six months of the year is estimated at around $79.81 billion, according to data used by the platform billionaires.africa. Aliko Dangote, Johan Rupert and Nicky Oppenheimer top the list.

With a fortune estimated at $20.4 billion at the end of June 2022, the Nigerian Aliko Dangote (photo) retains his place as the richest man in Africa. According to data used by the platform billionaires.africa, the businessman’s wealth rose from $19.1 billion last January to $20.4 billion as of June 30. This rise can be explained, according to the platform, by the performance of its flagship listed company Dangote Cement Plc.

South African Johan Rupert arrives in 2e position. His fortune fell by $2.76 billion to $9.14 billion at the end of the first half of 2022 (compared to $11.9 billion in January 2022). This is justified by “the decline in the market value of its stake in Richemont, a group specializing in the luxury industry, as investors continue to sell their shares in luxury goods”, noted billionaires.africa. Note that the businessman holds shares in the investment vehicle based in Luxembourg, Reinet Investments, as well as in Remgro, a South African investment company listed on the stock exchange.

The third richest personality in Africa at the end of the first half of 2022 is South African Nicky Oppenheimer. His fortune grew from $7.95 billion last January to $8.5 billion in June. This rise in the net worth of the wealth of the former executive of the diamond mining company, DeBeers, is explained by “his well-diversified investment portfolio in private equity firms, which he manages through London-based Stockdale Street and Johannesburg-based Tana Africa Capital”.

Businessman Nathan Kirsh, considered Eswatini’s first fortune, ranks 4e place, with an estimated fortune of $7.6 billion. The latter owns the conglomerate Kirsh Group which holds a 75% stake in Jetro Holdings, an American consumer products company. In addition, Mr. Kirsh controls a 54% majority stake in Abacus Property Group, a Sydney-based real estate investment trust, and has accumulated real estate assets in several parts of the world.

With a fortune estimated at $7 billion, the Nigerian industrialist, Abdul Samad Rabiu comes in fifth place. Thanks to the listing of his food company on the Lagos Stock Exchange last January, his fortune has gradually increased from $5.4 billion at the start of the year to $7 billion by the end of the first six months of the year. . Note that Mr. Rabiu owns shares in BUA Cement.

Pheirst fortune in Egypt, Nassef Sawiris is the sixth richest personality on the African continent. The value of his fortune increased by $350 million in the first half of 2022, from $6.5 billion in January to $6.85 billion at the end of June.

Another Nigerian, Mike Adenuga, founder of the Nigerian multinational telecommunications company Globacom Limited, arrives at the 7e place with a fortune of $6.1 billion. He is followed by the Ethiopian, Mohamed Al Amoudi, owner of industrial assets in Sweden, Saudi Arabia and Ethiopia as well as assets in oil companies abroad. His fortune is estimated at $5.72 billion.

The Algerian Issad Rebrab, and the Egyptian Naguib Sawiris, older brother of Nassef Sawiris, respectively occupy the 9e and the10e place in this ranking with fortunes estimated at $5.1 billion and $3.4 billion.

Chamberline MOKO

Read also:

0109-2021 – Johannesburg Stock Exchange’s 10 Richest Investors


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