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Home News Africa

Nigeria’s Aliko Dangote emerges richest man in Africa in Q1 2024

Monday, 1 April 2024, 4:41 pm
in Africa, News
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Nigeria’s Aliko Dangote emerges richest man in Africa in Q1 2024
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Nigeria’s Aliko Dangote emerged as the richest man in Africa at the end of the first quarter of 2024, with a net worth of US$15.10 billion.

Also read; NDLEA arrests Qatar-bound woman with 10.7kg of cannabis concealed in African salad and dried vegetables

At the beginning of 2024, Johann Rupert & Family from South Africa held the title of the richest in Africa with a net worth of US$10.30 billion.

Business Insider reported that at the onset of the year, Dangote had a respectable US$9.5 billion to his name.

As at the end of Q1 2024, the 10 richest people in Africa has a combined fortune of US$74.70 billion.

Nigeria, South Africa, and Egypt dominated the list of top 10 richest people in Africa with three representatives each, while the remaining one came from Eswatini (formerly Swaziland).

Below are the 10 richest people in Africa in Q1, 2024 (Business Insider):

  1. Aliko Dangote
    • Net worth: US$15.10 billion
    • Country: Nigeria
    • Industry: Cement, Food, Oil
    • Global rank: 129th
  2. Johann Rupert & Family
    • Net worth: US$11.20 billion
    • Country: South Africa
    • Industry: Luxury goods
    • Global rank: 228th
  3. Nicky Oppenheimer & Family
    • Net worth: US$9.50 billion
    • Country: South Africa
    • Industry: Diamonds
    • Global rank: 256th
  4. Nassef Sawiris
    • Net worth: US$8.90 billion
    • Country: Egypt
    • Industry: Construction and investments
    • Global rank: 287th
  5. Nathan Kirsh
    • Net worth: US$7.1 billion
    • Country: Eswatini (formerly Swaziland)
    • Industry: Retail, real estate
    • Global rank: 384th
  6. Mike Adenuga
    • Net worth: US$6.90 billion
    • Country: Nigeria
    • Industry: Telecom, Oil
    • Global rank: 407th
  7. Abdulsamad Rabiu
    • Net worth: US$6.30 billion
    • Country: Nigeria
    • Industry: Cement, Food
    • Global rank: 461st
  8. Naguib Sawiris
    • Net worth: US$3.80 billion
    • Country: Egypt
    • Industry: Telecom
    • Global rank: 846th
  9. Mohammed Mansour
    • Net worth: US$3.20 billion
    • Country: Egypt
    • Industry: Diversified
    • Global rank: 1039th
  10. Koos Bekker
    • Net worth: US$2.70 billion
    • Country: South Africa
    • Industry: Media, investments
    • Global rank: 1255th
Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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