Africa is a continent blessed with great minds and successful entrepreneurs who are conquering the world, and by virtue of their achievements, these billionaires are inspiring the new generation to aspire to greatness. Read more: Africa is a continent blessed with great minds and successful entrepreneurs who are conquering the world, and by virtue of their achievements, these billionaires are inspiring the new generation to aspire to greatness. 

1 Aliko Dangote Aliko Dangote is the richest person in Africa with a net worth of $12.1 billion (N4,608,527,000,000). He founded the largest cement producer in Africa called Dangote Cement. The business mogul has a refinery that has been under construction since 2016 and is expected to be one of the world’s largest oil refineries once completed. 

2. Nassef Sawiris Nassef Sawiris is from Egypt and he runs OCI, one of the world’s largest nitrogen fertiliser producers, with plants in Texas and Iowa. 

3. Nicky Oppenheimer and family Nicky Oppenheimer is a South African businessman who sold his 40% stake in diamond firm De Beers to mining group Anglo American for $5.1 billion (N1,942,437,000,000) in cash in 2012. The 75-year-old billionaire was the third generation of his family to run DeBeers, and took the company private in 2001. The Egyptian businessman has a net worth of $8.5 billion (N3,237,395,000,000).

4. Johann Rupert and family The South African billionaire is the chairman of Compagnie Financiere Richemont. The 70-year-old entrepreneur owns a 7% stake in diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding co. He is worth $7.2 billion (N2,742,264,000,000).

5. Mike Adenuga Mike Adenuga is the fifth richest person in Africa and the second in Nigeria. Adenuga, who is worth $6.6 billion (N2,513,742,000,000), built his fortune in telecom and oil production. The 67-year-old owns Globacom, which is the third largest mobile phone network operator in Nigeria. 

6. Abdulsamad Rabiu Abdulsamad Rabiu is from Nigeria and he is the founder of BUA Group. His conglomerate is into cement production, sugar refining, and real estate. The 60-year-old man is worth $5.5 billion (N2,094,785,000,000) 

7. Issad Rebrab and family Issad Rebrab is from Algeria and he is the founder and chief executive officer of Cevital, Algeria’s biggest privately-held company. The company owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. Issad is 77 years and he is worth $4.8 billion (N1,828,176,000,000).