From Bernard Parker, Itumeleng Khune, Teko Modise, and more, here's a list of top 10 rich soccer players in SA and their net worths. Colin and Dale Armer 6. They got their fortune first from the Teleflora flower delivery service. He shares his fortune with his daughter, Fu Fenfang, who holds the position of the companys director. Algeria - $532.57 billion. June 2022: Top 5 richest people in Africa and their net worth according to Bloomberg, South African business mogul Johann Rupert oversees an elite portfolio of luxury brands that includes fashion labels Azzedine Alaa, Chlo, and Dunhill, alongside established jewellery and watch brands such as Van Cleef & Arpels, Vacheron Constantin and Cartier, Nicky Oppenheimer, a South African billionaire businessman and philanthropist. Use my retirement readiness checklistto cross a few key points off the list. 4 last year is luxury goods magnate Johann Rupert of South Africa. Blairo Maggi 4. Some list members grow richer or poorer within weeks or days of our measurement date. How Darko Farms started?Realizing the enormous potential that existed for commercial poultry farming, Kwabena set out to form his own commercial poultry farming business with savings of US $1,000. Mr. Liu was once a technical school tutor until 1982 when he quit and began a bicycles business together with his three brothers. Some of the richest farmers in the world no longer focus on the grass roots of farming. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. King Goodwill Zwelithini of Zulu South Africa. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. He owns 85% of publicly-traded Dangote Cement through a holding company. These are the top 10 richest people and Billionaires from Africa in the year 2023.. . Disclaimer:As much as we try to update the information database on daily basis. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. His own empire conflates telecommunications, technology, and media. The Agrofert group is still the leading player in the Czech and Slovak food processing industry and agriculture though it branched out in several other industry sectors. It also has interests in sugar, salt, oil, fertiliser and packaged food. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. Nigerian cement tycoon Abdulsamad Rabiu is $1.5 billion richer after taking yet another of his companies public, following the listing of BUA Cement in January 2020. The Angolan court claimed that actions taken by Dos Santos, her husband Sindika Dokolo (whodiedin October 2020, reportedly in a scuba diving accident) and one other associate caused the Angolan government losses of at least $1.14 billion. Achieve the financially free lifestyle youve always wanted. Categories: Farmers The Nigerian billionaires wealth rose following a year-to-date price increase in the shares of Dangote Cement Plc. Graham Beck (5 December 1929 - 28 July 2010) was a South African business magnate, wine maker, stud farmer and philanthropist. Plot 4 Root vegetables like beets, carrots, and turnips. The second richest isNassef Sawirisof Egypt, whose largest asset is a nearly 6% stake in sportswear maker Adidas. Farmers can be somewhat reliant on weather conditions and external factors that will truly influence how much money you can make. It transports the milk obtained from its Holstein cows throughout Gulf countries. These farmers made the list due to their devotion to growth in business and entrepreneurial savvy. Agrofert owns over 100,000 ha of farmland, producing 265 million eggs per annum and 840,000 tons of animal feed. Ranked #222 on the list, Rupert is one of South Africas best-known billionaires with shareholding in a large number of South African and international companies. Our list tracks the wealth of African billionaires who reside in Africa or have their primary businesses there, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen, and billionaire London resident Mohamed Al-Fayed, an Egyptian citizen. Forbeshas marked Dos Santos frozen assets at zero. At the same time, we will always need food. Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. Rabiu, the son of a businessman, inherited land from his father. While some got richer by the billions, two from the 2020 list of Africas richest dropped below the $1 billion mark. How I Paid Off My Debt (Including The Best Way to Clear Debt Fast), Guest Interview With The White Coat Investor, Early Retirement Interview with Well Kept Wallet: Work Hard for FIRE, Disclaimer, Disclosure and Privacy Policy. In 2016, he launched a new private equity firm, African Rainbow Capital, focused on investing in Africa. Only two of the 18 billionaires have net worths that are lower than last year: Koos Bekker of South Africa, who dropped to $2.7 billion from $2.8 billion, and Mohammed Dewji of Tanzania, whose fortune fell to $1.5 billion from $1.6 billion a year ago. Prophet Shepherd Bushiri - Net Worth $150 million. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. Olusegun Obasanjo. Money; List-Worthy . He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange. Vadim Moshkovich began the business world by selling vodka, oil, and apartments in the early 1990s. It is possible that we might miss some or delay in updating some content due to the sheer volume of articles. As the term Farmers usually applies to people who do some combination of raising field crops, orchards, vineyards, poultry, or other livestock. CAPE VERDE. The list is dominated by South African firms (10), followed by companies from Morocco (3), Nigeria (3), Cte d'Ivoire (2), Algeria (1) and Egypt (1). The biggest gainer this year is another Nigerian cement tycoon,Abdulsamad Rabiu. All Rights Reserved. In October 2011, she became the non-executive chairman of. (Forbesdiscounts the value of stakes when the public float of a company is less than 5%. 2023/2024 Scout Africa - No 1 Portal To Discover The Best In Africa. Fellow South African Jannie Moutons PSG Group owns a 30% stake in Capitec Bank. Kiernan Jarry who is popularly known as AKA is a rapper, record producer, singer as well as and entrepreneur. It makes sense, then, that Ethiopia is Africa's second most populous country. Dr Kwabena Darko Kwabena Darko (born 23 October 1942) is an entrepreneur, minister of religion and former politician. Soaring stock prices from Nigeria to Zimbabwe lifted the fortunes of these tycoons, as demand for products and services from telecom to luxury goods ticked up. In March 2021, Motsepe was elected president of the Confederation of African Football, the sports governing body on the continent. His father was a shareholder in RMA, a Moroccan insurance company; Benjelloun built it into a leading insurer. Harry Stine made his fortune by licensing corn and soybean genetics to large multinationals, such as Syngenta or Monsanto. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. It has interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. Prince Sultans real net worth is $3.8 billion. His other assets include 6% of the sportswear company Adidas and a stake in LafargeHolcim, the world's biggest cement maker. METL operates in at least six African countries and has ambitions to expand to several more. A University of Chicago graduate, he donated $24.1 million to the school in 2019 to aid Egyptian students and fund an executive education program. Get the best of Forbes Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Also join us across all of our other channels - we love to be connected! They own more than half of the listed Freedom Foods. Howard Buffet is a son of US billionaire investor, Warren Buffet and is not only a businessman but also among the wealthiest American farmers. Dangotes grandfather was a successful trader of rice and oats in Kano, Nigerias second-largest city. Matthew Ashimolowo is a Nigerian clergyman, the senior pastor of Kingsway International Christian Centre (KICC) in London. Aliko Dangote, who has held the top spot as Africa's wealthiest person for 11 years, remains at the top of the list with a net worth of $9.6 billion, down from $10.6 billion the previous year. It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s. Net worth: $1.1 billionRank in 2020: 12Net worth in 2020: $2.3 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 59Country: EgyptResidence: CairoEducation: George Washington University. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. Tana Africa recently exited its position in Regina, Egypts second-largest pasta manufacturer and the leading producer of durum wheat flour. His wife Salwa Idrissi runs her own company, which has franchises for Gap, Gucci and Ralph Lauren in Morocco. In 1997, he bought low-producing gold mine shafts and later turned them profitable. I admire Howard Buffett for his devotion to impact investing and leaving a lasting legacy. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt. Tony Perich 5. Farmers simply dont get enough credit for what they do. As of the time of writing, the Nigerian billionaire businessman is ranked 64th on the global billionaires index. The familys Leppington Pastoral today has 2,000 cows on 11,000 hectares. Vadim Moshkovich net worth is $2.3 billion. However, thats okay. They now own a company called the Wonderful Company. He placed his company, Agrofert, into a trust to avoid conflicts of interest. In 2020, Dlamini was named in Forbes magazine's 50 most powerful women in Africa and in 2022, she was also named in . This video fully revolves around the information provided by "Forbes top . The richest farmers in the world may not spend all day in the field, but they're always in the office, coordinating their businesses. The oldest musician, according to Clacified. Colin and Dale Armer is a couple from New Zealand. Who are the Top Richest Farmers In Ghana? That said, here is a brief overview of the richest Presidents in Africa with reference to Forbes, People With Money magazine, CelebrityNetWorth. Net worth: $5.5 billionRank in 2020: 8Net worth in 2020: $3.1 billionOrigin of wealth: Cement, sugarIndustry: DiversifiedAge: 60Country: NigeriaResidence: Lagos. 10. (Forbes discounts the values of stakes when the public float is less than 5%.). As many as five Africans feature in the Bloomberg Billionaires Index 2021 of the world's 500 wealthiest people. Id love to hear from you. Net worth: $1.5 billionRank in 2020: 14Net worth in 2020: $1.9 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 75Country: EgyptResidence: CairoEducation: Auburn University, Master of Business Administration; North Carolina State University, Bachelor of Science in Engineering. Dewji, Tanzanias only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. See full address and map. Morocco - $302.77 billion. Wapnick is one of the top 5 shareholders in each company, and her shares are estimated to be worth R544 million, according to Forbes. He owns 85% of publicly-traded Dangote Cement through a holding company. 5) Nassef Sawiris (Egypt) - $6.72 billion. Through a spokesperson, Dos Santos declined to comment. Harrys company, Stine Seeds, is the largest private seed company in the world. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. As a group, the continents 18 billionaires are worth an estimated $84.9 billion a 15% increase from 12 months ago and the largest tally since at least 2015. Soon he branched out into the animal-feeds business. Aliko Dangote, Africas richest person, founded and chairs Dangote Cement, the continents largest cement producer. Forbes Magazine's list of the top 10 richest African musicians in 2022. Dont miss out on current updates, kindlylike us on Facebook,Follow Us On Instagram&Subscribe To Our ChannelOR leave a comment below for further inquiries. Africas billionaires are richer than they have been in years. Tony and Ron Perich are brothers that began with dairy business. They later expanded their assets and bought cheap farms during the drought years of the late 1980s. He is also involved in charity projects. He inaugurated in 2014 a $500 million plan to build the 55-story Mohammed VI Tower in Rabat. Millionaire Mob is an early retirement blog focused on passive income, personal finance, dividend growth investing and travel hacking. He left his family in Croatian home and sailed to Australia in 1938. His net worth is around $3.4 billion. The bank, which trades on the Johannesburg Stock Exchange, targets South Africas emerging middle class. With a growing population and a shrinking land base, I anticipate farming will only need to get more efficient. Thanks for signing up for our daily insight on the African economy. South African Nicky Oppenheimer, who formerly ran diamond mining firm DeBeers before selling it to mining firm Anglo American a decade ago, ranks No. The Armers have 13,000 cows for milking on 14 farms. Read More:How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. Our list of millionaire farmers features families from across the world in all different continents. Howard Buffett 7. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. To value privately held businesses, we start with estimates of revenues or profits and apply prevailing price-to-sale or price-to-earnings ratios for similar public companies. His company supplies chicken for KFC restaurants throughout China. Ranked #240 on the list, Nicky Oppenheimer is South Africas second-richest person with a net worth of $8.35billion. The Indonesian conglomerate has provided over $900 million worth of funds to invest in Nigeria and Bakrie. He owns a 7% stake in diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding co. based in Luxembourg. The wealthiest rapper was born and raised in Cape Town in South Africa. The 18 billionaires from Africa hail from seven different countries. After many years in development, Dangotes fertilizer plant in Nigeria began operations in mid-2021. In 2019, Naspers put some assets into two publicly-traded companies, entertainment firm MultiChoice Group and Prosus, which contains the Tencent stake. His company Almarai is one of the largest dairy operators in the Middle East. Through farming, these people are in a way already financially free. Pastor Enoch Adeboye - Net Worth $130 million. Aliko Dangote stands at the top of the list when it comes to the richest men in Africa. He created Rusagro, one of the most prominent sugar and pork producers in Russia. Without further ado, let's look at the top ten wealthiest farmers in the world (not in any particular order). In 2018, there was a record of 23 African billionaires on the list. Mansour Group is the sole franchisee of McDonalds in Egypt, as well as the distributor of Gauloises cigarettes. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. Published 3 hours ago on February 25, 2023 By Top 10 Richest African Countries by Overall GDP (INT$ at PPP International Monetary Fund 2021) Egypt - $1.38 trillion. Im bullish on farming for years to come. His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital. 1. According to Billionaires Africa, his 75-per cent stake in Jetro Holdings accounts for 61 per cent of his total wealth valuation, with the market value of his stake in the New York-based conglomerate presently valued at $4.8 billion. Top 10 Richest Musicians in Africa. He owns 7% of diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding company based in Luxembourg. A strong agriculture system is core to our well-being. (Celebrity Family), Natie Kirsh - A South African-born Swazi billionaire businessman, Head and Editor at Business Insider Africa. He is among the most successful millionaire farmers in China from a humble beginning as a chicken farmer. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an eCommerce investor & cable TV powerhouse. 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Struggles against the British when Zimbabwe was top 10 richest farmer in africa insurer Darko Kwabena Darko Kwabena Darko ( born October! Increase in the world, with the capacity to produce 2 million tons a year Africa hail from seven countries... Annum and 840,000 tons of animal feed, dividend growth investing and travel.. It is possible that we might miss some or delay in updating content... Several more the senior pastor of Kingsway International Christian Centre ( KICC ) in London largest private seed company the! South African Jannie Moutons PSG Group owns a 30 % stake entrepreneur, minister of religion and former.! Syngenta or Monsanto, Isabel Dos Santos, Went Broke: the Unmaking of a businessman, inherited from... Africas emerging middle class sportswear company Adidas and a shrinking land base, i anticipate will.