As a new generation of business moguls and entrepreneurs makes waves across industries, the number of billionaires in Africa is growing. The 43-year-old Tope Awotona, the youngest billionaire on the continent, has amassed a fortune of $1.4 billion through his scheduling software business, Calendly. Not far behind is Mohammed Dewji, a 49-year-old Tanzanian entrepreneur with a net worth of $1.8 billion whose MeTL Group controls several sectors.
The 62-year-old South African mining tycoon Patrice Motsepe is still adding to his fortune, which is now estimated to be $2.7 billion. In a similar vein, Strive Masiyiwa, a 63-year-old Zimbabwean, has succeeded in the telecom industry and accumulated a wealth of $1.8 billion. The 63-year-old Yasseen Mansour, who heads one of the largest real estate and trading companies in Egypt, is well represented with a net worth of $1.2 billion.
Nassef Sawiris, a 62-year-old Egyptian billionaire, with a fortune of $7 billion, making him the richest person in North Africa. This wealth comes from his investments in worldwide chemicals and construction. With $1.5 billion, Moroccan millionaire Aziz Akhannouch, 62, has amassed his fortune through the petroleum and other businesses.
Nigeria’s richest man, Aliko Dangote, 66, is still in power with a fortune of $16.3 billion, while cement and sugar magnate Abdulsamad Rabiu, 63, is worth $6.9 billion. Another Egyptian business tycoon, Naguib Sawiris, 69, rounds out the top ten with a net worth of $3.3 billion.