21.5 C
Kampala
spot_imgspot_img

Bossip Africa Billionaires: Africa`s Richest People 2025

Date:

Share:

East Africa Bossip Africa, a leading new voice in African business and finance, today announced the launch of its highly anticipated Inaugural Bossip Africa Billionaires Index, set to be released on every January 1,Every Year. This new ranking aims to provide the most rigorous and transparent account of the continent’s wealthiest individuals, challenging existing narratives and focusing strictly on verifiable assets.

The Bossip Africa Index will diverge from other global wealth rankings by committing to a methodology centered on public filings, audited financial reports, and regulatory disclosures. In a market often criticized for opaque valuations, this approach seeks to establish a new benchmark for credibility, ensuring that every figure is tied directly to current stock prices, exchange rates, and publicly available company data.

The debut list is expected to reveal the most accurate picture yet of the fortunes built in Africa’s core industries—from Nigerian manufacturing and South African luxury goods to Egyptian energy—all while providing critical insights into how currency volatility and governance influence billion-dollar net worths across the continent.

Below is a list of Africa`s richest people in 2025

Rank (Estimated) Name Country Primary Source of Wealth / Listed Asset Key Note for Public Filings
1 Aliko Dangote Nigeria Dangote Cement PLC (DANGCEM) & Dangote Refinery Primary wealth is through Dangote Industries Limited (DIL) which holds the majority, verifiable by NGX filings.
2 Johann Rupert South Africa Compagnie Financière Richemont SA (CFR) Wealth is tied to ‘B’ shares in Richemont, which is listed on the Swiss and Johannesburg Stock Exchanges (SWX/JSE).
3 Nicky Oppenheimer South Africa Mining (De Beers Legacy) & Private Equity Wealth is derived from the $5.1B cash sale of De Beers stake (2012) and subsequent private investments (requires estimation of private fund valuation).
4 Nassef Sawiris Egypt OCI N.V. (Chemicals/Fertilizers) & Adidas AG OCI is listed on Euronext Amsterdam. Adidas AG holding is publicly disclosed (c. 6% stake) in regulatory filings.
5 Mike Adenuga Nigeria Globacom (Telecom) & Conoil Producing (Oil) Globacom is private, but he holds publicly disclosed stakes in Sterling Financial Holding and Conoil Plc.
6 Abdulsamad Rabiu Nigeria BUA Cement PLC & BUA Foods PLC Both Cement and Foods are publicly listed on the NGX. His wealth is calculated by holdings in these listed firms.
7 Naguib Sawiris Egypt Orascom TMT Investments & Mining/Telecom Wealth is tied to his holdings in public and private ventures across gold mining, media, and real estate (e.g., El Gouna resort).
8 Koos Bekker South Africa Naspers / Prosus (Media & Tech) Wealth is primarily tied to his shareholding in Prosus and Naspers, both publicly listed entities.
9 Mohamed Mansour Egypt Mansour Group (Auto, Retail, Finance) The group is private, but he holds stakes in subsidiaries. The valuation for this list will require estimation based on industry comparables and public reports.
10 Patrice Motsepe South Africa African Rainbow Minerals (ARM) & African Rainbow Capital (ARC) Both ARM and ARC are publicly listed on the JSE. His wealth is derived from his family trusts’ percentage holding in these listed companies.
11 Issad Rebrab Algeria Cevital (Food, Sugar Refining) Cevital is Algeria’s largest privately-held conglomerate. His wealth is almost entirely private, requiring estimation based on revenue and industry multiples.
12 Mohammed Dewji Tanzania MeTL Group (Manufacturing) MeTL Group is one of East Africa’s largest privately-owned conglomerates. His wealth is entirely private, requiring estimation.
13 Strive Masiyiwa Zimbabwe Econet Wireless & Liquid Intelligent Technologies Econet Wireless is listed on the Zimbabwe Stock Exchange. Liquid Tech’s valuation is primarily private, requiring estimation based on company reports.
14 Femi Otedola Nigeria Geregu Power Plc (Energy) His wealth is calculated using his substantial, publicly reported shareholding in Geregu Power Plc (listed on the NGX).

 

Bossip Africa
Bossip Africahttps://bossip.ug/wp-login.
Bossip Africa is a premier digital platform dedicated to spotlighting Africa’s dynamic business landscape, influential leaders, and groundbreaking innovations. Inspired by the global success of Forbes Africa, we provide in‑depth coverage of entrepreneurship, finance, technology, culture, and lifestyle across the continent.

━ more like this

Over 50 NUP supporters arrested over violent protests in 2026 Elections

Police in Nakaseke district have arrested at least 50 supporters of the National Unity Platform (NUP) following violent protests over the parliamentary election results. The...

Over 32 opposition MPs voted out of parliament in 2026 Elections

The 2026 parliamentary elections have ushered in a major political shake-up, with a significant number of incumbent Members of Parliament failing to retain their...

Government Moves School Reopening to February 10 Over Election Safety

The Ministry of Education and Sports has shifted the reopening of all schools and education institutions to Tuesday, February 10, 2026, citing the need...
spot_img