By Our Reporter
Uganda’s wealthiest man Tycoon Sudhir Ruparelia has yet again been ranked among the top 20 richest people with a combined net worth of 1.4 billion dollars. The list which features the continent’s industrious businessmen is led by Nigerian investor Aliko Dangote weighing a whooping total of $13.5 billion.
The Ugandan businessman who made his fortune in real estate is the founder and chairman of the Ruparelia Group, a conglomerate with interests in insurance, hospitality, real estate, and education. Ruparelia is also a philanthropist and has donated to various charitable causes in Uganda.
Among the companies Dr Sudhir owns under the wealthy Ruparelia Group include; Premier Recruitment Limited – Kampala, Crane Management Services Limited – Kampala, Delhi Public International School-Naguru, Kampala, Goldstar Insurance Company Limited – Kampala, Kabira Country Club – Bukoto, Kampala, Kampala International School Uganda, Kampala Parents’ School, Kampala Speke Hotel – Kampala, Meera Investments Limited – Kampala.
Others are; Munyonyo Commonwealth Resort – Munyonyo, Premier Roses Limited – Entebbe, Rosebud Limited – Entebbe, Sanyu FM 88.2 – Kampala, Speke Apartments Limited – Kampala, Speke Resort and Conference Center – Munyonyo, Kampala, Kampala Tourist Hotel – Kampala, Victoria University Uganda – Kampala, Vcon Construction Uganda Limited.
Below is the list of Africa’s top 20 billionaires as of 2023, along with their net worth
Aliko Dangote (Nigeria) – $13.5 billion
Aliko Dangote Chairman and CEO of Dangote Group is one the Billionaires In Africa
Photo Credit: Wikipedia
Dangote is a businessman who made his fortune in cement, sugar, and flour. He is the founder of the Dangote Group, which operates in 10 African countries.
2. Nassef Sawiris (Egypt) – $9.6 billion
Nassef Sawiris is one of the top 20 billionaires in Africa
Photo Credit: Egypt Independent
Sawiris is an Egyptian billionaire businessman and the CEO of Orascom Construction Industries, a company involved in infrastructure projects such as airports and highways.
3. Nicky Oppenheimer & family (South Africa) – $8 billion
Oppenheimer family seeks out Asia’s rich with Singapore outpost | Business
Photo Credit: News24
The Oppenheimer family has been involved in the diamond industry for generations and made their fortune through their stake in the diamond mining company De Beers.
4. Johann Rupert & family (South Africa) – $7.2 billion
Johann Rupert, Richemont Owner, Targeted in South Africa Anti-Colonialism Rally – Bloomberg
Photo Credit: Bloomberg
Rupert is the chairman of the luxury goods company Richemont, which owns brands such as Cartier, Montblanc, and Dunhill.
5. Mike Adenuga (Nigeria) – $6.1 billion
Mike Adenuga
Photo Credit: Forbes
Adenuga is a businessman who made his fortune in telecommunications, oil, and banking. He is the founder of Globacom, a leading telecommunications provider in Nigeria.
6. Abdulsamad Rabiu (Nigeria) – $5.5 billion
Abdulsamad Rabiu
Photo Credit: MarcoPolis
Rabiu is the founder and chairman of BUA Group, a conglomerate with interests in cement, sugar, and other industries.
7. Issad Rebrab & family (Algeria) – $4.4 billion
Forbes Middle East
Photo Credit: Forbes Middle East
Rebrab is the founder and CEO of Cevital, a conglomerate with interests in food, retail, and real estate.
8. Naguib Sawiris (Egypt) – $4 billion
Naguib Sawiris is back among the 500 wealthiest b’naires in the world + | The Onion
Photo Credit: Enterprise Press
Sawiris is the chairman of Orascom Telecom Media and Technology, a company that operates in telecommunications and media.
9. Koos Bekker (South Africa) – $3.1 billion
ANTON HARBER: How Koos Bekker keeps a firm hand on the tiller
Photo Credit: BusinessLive
Bekker is the former CEO of Naspers, a multinational media and internet group that operates in more than 100 countries.
10. Mohamed Mansour (Egypt) – $2.7 billion
UK’s Conservative Party Appoints Ex-Minister Mohamed Mansour as Senior Treasurer | Egyptian Streets
Photo Credit: Egyptian Streets
Mansour is the chairman of Mansour Group, a conglomerate with interests in automotive, retail, and real estate.
11. Patrice Motsepe (South Africa) – $2.5 billion
Patrice Tlhopane Motsepe | South African businessman | Britannica
Photo Credit: Britannica
Motsepe is the founder and chairman of African Rainbow Minerals, a mining company that operates in South Africa and other African countries.
12. Aziz Akhannouch (Morocco) – $2.3 billion
Who Is Aziz Akhannouch, The Billionaire Tapped To Become Morocco’s Next Prime Minister?
Photo Credit: Forbes
Akhannouch is the CEO of Akwa Group, a conglomerate with interests in oil and gas, real estate, and media.
13. Yasseen Mansour (Egypt) – $1.9 billion
Africa Facts Zone on Twitter: “3 Egyptian Brothers, Mohamed Mansour, Youssef Mansour and Yasseen Mansour are all US Dollar Billionaires. Mohamed is worth $2.9 billion, and Youssef is worth $1.5B: The Onion
Photo Credit: Twitter
Mansour is the co-owner of Mansour Group along with his brothers Mohamed and Youssef.
14. Othman Benjelloun (Morocco) – $1.8 billion
Photo Credit: The Africa Report
Benjelloun is the CEO of BMCE Bank of Africa, one of the largest banks in Morocco.
15. Folorunso Alakija (Nigeria) – $1.6 billion
Africa’s richest self-made woman shares 7 pieces of advice for success | Business Insider Africa
Photo Credit: Business Insider Africa
Alakija is a businesswoman who made her fortune in oil and is the founder of Famfa Oil, a Nigerian oil exploration company.
16.Youssef Mansour (Egypt) – $1.5 billion
Billionaire Mohamed Mansour On How To Survive The Politics of Envy
Photo Credit: Forbes
Mansour is the co-owner of Mansour Group along with his brothers Mohamed and Yasseen.
17. Mohammed Dewji (Tanzania) – $1.4 billion
Mohammed Dewji |The Onion
Photo Credit: MarcoPolis
Dewji is the CEO of MeTL Group, one of the largest industrial conglomerates in East Africa, with interests in manufacturing, distribution, trading, haulage, storage and real estate.
18. Strive Masiyiwa (Zimbabwe) – $1.4 billion
Strive Masiyiwa, Zimbabwe’s messenger of hope
Photo Credit: FurtherAfrica
Strive Masiyiwa is a Zimbabwean entrepreneur and philanthropist who is the founder and executive chairman of Econet Wireless, a telecommunications company that operates in several African countries. He is also a member of the Africa Progress Panel, a group of distinguished individuals who advocate for equitable and sustainable development in Africa.
19. Sudhir Ruparelia (Uganda) – $1.4 billion
Sudhir Ruparelia| The Onion
Photo Credit: MarcoPolis
Sudhir Ruparelia is a Ugandan businessman who made his fortune in real estate and banking. He is the founder and chairman of the Ruparelia Group, a conglomerate with interests in banking, insurance, hospitality, real estate, and education. Ruparelia is also a philanthropist and has donated to various charitable causes in Uganda.
20. Abdulsalam Rabiu (Nigeria) – $1.2 billion
Rabiu Abdul Salam’s BUA’s Gigantic Moves| The Onion
Photo Credit: Independent Newspaper Nigeria
Abdulsalam Rabiu is a Nigerian businessman and the founder and chairman of BUA Group, a conglomerate with interests in cement, sugar, and other industries. He is also a philanthropist and has donated to various causes in Nigeria, including education and healthcare. Rabiu is committed to developing Nigeria’s economy and creating job opportunities for its citizens.
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