His wife Salwa Idrissi runs her own company, which has franchises for Gap, Gucci and Ralph Lauren in Morocco. BY KERRY A. DOLAN AFRICA'S BILLIONAIRES ARE RICHER than they have been in years. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. Get the best of Forbes Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Africas billionaires are richer than they have been in years. He inaugurated in 2014 a $500 million plan to build the 55-story Mohammed VI Tower in Rabat. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. scoutafrica.net is a media platform that provides you information on what Transpires In Africa. 10. However, he recently got appointed the CEO and Chairman of the Howard G. Buffett Foundation. Strive Masiyiwa, a citizen of Zimbabwe and a London resident appears on the list due to his telecom holdings in Africa. READ ALSO: Africas richest man, Aliko Dangote, adds $950 million to his personal worth as shares of Dangote Cement continues to rise, 2) Johann Rupert & family (South Africa) $8.96 billion. 2023/2024 Scout Africa - No 1 Portal To Discover The Best In Africa. Akhannouch was appointed prime minister of Morocco in September 2021. Get the best of Forbes Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Net worth: $1.2 billionRank in 2020: 19Net worth in 2020: $1.1 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 59Country: ZimbabweResidence: LondonEducation: University of Wales, Bachelor of Engineering. His Babylonstoren estate, nearly 600 acres in South Africas Western Cape region, features architecture dating back to 1690, a farm, orchard and vineyard and more. Dangote Group founder Aliko Dangote has topped the 2018 list. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. Andrej is the deputy prime minister and minister of finance of the Czech Republic. Categories: Farmers Not just traditional farming, but city farming and greenhouses. Algeria - $532.57 billion. In Africaas elsewhere in the worldthe wealthiest have come through the pandemic just fine. He owns 85% of publicly-traded Dangote Cement through a holding company. It will be one of the tallest buildings in Africa. South African Nicky Oppenheimer, who formerly ran diamond mining firm DeBeers before selling it to mining firm Anglo American a decade ago, ranks No. He joined his fathers soybean cleaning business in Adel, Iowa in 1964. The biggest gainer in percentage terms up 125% is Strive Masiyiwa of Zimbabwe, worth $2.7 billion (up from $1.2 billion last year). Who are the Top Richest Farmers In Ghana? Lets get into some background about farming and money. Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. He formed East Hope Group Company in the early 1990s after an amicable business split from his brothers. Net worth: $6.3 billionRank in 2020: 3Net worth in 2020: $7.7 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 67Country: NigeriaResidence: LagosEducation: Pace University, Master of Business Administration. Wapnick is one of the top 5 shareholders in each company, and her shares are estimated to be worth R544 million, according to Forbes. Mansour Group is the sole franchisee of McDonalds in Egypt, as well as the distributor of Gauloises cigarettes. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. GDP is the total value of goods and ser. Altogether they are worth $73.8 billion, slightly more than the $73.4 billion aggregate worth of the 20 billionaires on last years list of Africas richest people. The continent's billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. Through a spokesperson, Dos Santos declined to comment. Liu Yonghao 2. Former President Olusegun Obasanjo is one of the richest farmers in Nigeria in 2022. Prophet Shepherd Bushiri - Net Worth $150 million. Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. He grew up on the family property in Dallas County, Iowa. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. Vadim Moshkovich net worth is $2.3 billion. 2023 Forbes Africa. Former Egypt President Gamal Abdel Nasser nationalized his fathers original cotton trading business. Naspers sold a 2% stake in Tencent in 2018; in April 2021 Prosus sold nearly $15 billion worth of Tencent, taking its stake to 29%. Younger brothers Mohamed and Yasseen are also billionaires and part owners of Mansour Group. He owns at least 720 square miles of conservation land across South Africa, Botswana and Zimbabwe. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. 2. With little financial support from his father, Howard managed to rank among the topmost agriculture millionaires. Our list of millionaire farmers features families from across the world in all different continents. All posts may contain affiliate links. As per the index, President Dangote Group, Aliko Dangote, has retained his position as the continent's wealthiest man for the eleventh year in a row with a net worth of $20.5 billion, up from $20.3 billion last month. Morocco - $302.77 billion. The land bank of Rusagro has more than 600,000 ha, and the main assets are in several regions in Russia. In 2018, there was a record of 23 African billionaires on the list. Dewji retired from Tanzanias parliament in early 2015 after completing two terms. 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. He created Rusagro, one of the most prominent sugar and pork producers in Russia. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. Get your business to the top of the list for free, Contact Us for details Farmers in Zambia . 3. Wendy Appelbaum; Wendy Appelbaum is currently the richest women in South Africa. Plot 2 - Beans and peas. In December 2020, he acquired a 5% stake in New York-listed firm Madison Square Garden Sports, owner of NBA Nicks and the NHL Rangers teams. Aliko Dangote owns sub-Saharan Africa's biggest cement producer, Dangote Cement, which had revenue of 891.7 billion Naira ($2.5 billion) in 2019. Prince Sultan bin Mohammed bin Saud Al Kabeer 3. Vadim Moshkovich began the business world by selling vodka, oil, and apartments in the early 1990s. Net worth: $13.9 billionRank in 2021: 1Net worth in 2021: $12.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 64Country: NigeriaResidence: Lagos, Net worth: $11 billionRank in 2021: 4Net worth in 2021: $7.2 billionOrigin of wealth: Luxury goodsIndustry: Fashion and RetailAge: 71Country: South AfricaResidence: Cape Town, Net worth: $8.7 billionRank in 2021: 3Net worth in 2021: $8 billionOrigin of wealth: DiamondsIndustry: Metals and miningAge: 76Country: South AfricaResidence: Johannesburg, Net worth: $8.6 billionRank in 2021: 2Net worth in 2021: $8.5 billionOrigin of wealth: Construction and InvestmentsIndustry: Construction and engineeringAge: 61Country: EgyptResidence: Cairo, Net worth: $7 billionRank in 2021: 6Net worth in 2021: $5.5 billionOrigin of wealth: Cement,sugarIndustry: DiversifiedAge: 61Country: NigeriaResidence: Lagos, Net worth: $6.7 billionRank in 2021: 5Net worth in 2021: $6.3 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 68Country: NigeriaResidence: Lagos, Net worth: $5.1 billionRank in 2021: 7Net worth in 2021: $4.8 billionSelf-madeOrigin of wealth: FoodIndustry: Food and BeverageAge: 78Country: AlgeriaResidence: Algiers, Net worth: $3.4 billionRank in 2021: 8Net worth in 2021: $3.2 billionOrigin of wealth: TelecomIndustry: TelecomAge: 67Country: EgyptResidence: Cairo, Net worth:$3.1 billionRank in 2021: 9Net worth in 2021: $3 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 59Country: South AfricaResidence: Johannesburg, Net worth: $2.7 billionRank in 2021: 10Net worth in 2021: $2.8 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 69Country: South AfricaResidence: Cape Town, Net worth: $2.7 billionRank in 2020: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 60Country: ZimbabweResidence: London, Net worth: $2.5 billionRank in 2021: 11Net worth in 2021: $2.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 74Country: EgyptResidence: Cairo, Net worth: $2.2 billionRank in 2021: 12Net worth in 2021: $2 billionOrigin of wealth: Petroleum, diversifiedAge: 61Country: MoroccoResidence: Casablanca, Net worth:$1.7 billionRank in 2021: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 72Country: South AfricaResidence: Stellenbosch, Net worth: $1.5 billionRank in 2021: 15Net worth in 2021: $1.3 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 89Country: MoroccoResidence: Casablanca, Net worth: $1.5 billionRank in 2021: 13Net worth in 2021: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 46Country: TanzaniaResidence: Dar es Salaam, Net worth: $1.5 billionRank in 2021: 14Net worth in 2021: $1.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 76Country: EgyptResidence: Cairo, Net worth: $1.1 billionRank in 2021: 18Net worth in 2021: $1.1 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 60Country: EgyptResidence: Cairo. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. Top 10 Richest African Countries by Overall GDP (INT$ at PPP International Monetary Fund 2021) Egypt - $1.38 trillion. It will be one of the tallest buildings in Africa. Blairo Maggi 4. He owns 30% of OCI, a Geleen, Netherlands-based fertilizer producer which was formed out of a demerger from his family's original business, Orascom Construction. Empowering best in class management teams is the only way to transform a local player into a diversified conglomerate with multinational exposure., Net worth: $2 billionRank in 2020: 15Net worth in 2020: $3.1 billionOrigin of wealth: petroleum, diversifiedIndustry: DiversifiedAge: 60Country: MoroccoResidence: CasablancaEducation: Universite de Sherbrooke, Master of Business Administration. His company supplies chicken for KFC restaurants throughout China. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an eCommerce investor & cable TV powerhouse. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange. I cant remember the last time we didnt have food on earth Thats a joke. The Zulu reigning king was born on 14th July 1948 in Nangoma, South Africa. Shares . Nigerian billionaire Aliko Dangote retains position as Africa's richest man for eleventh year in row Hot News Nigerian energy tycoon Michael J. Prest wins legal victory in Caribbean island of Nevis Prest is the founder of BONI, an international bank offering private and wealth management services. 2023 - 2023/2024 Scout Africa. Net worth: $4.8 billionRank in 2020: 6Net worth: $4.4 billionSelf-madeOrigin of wealth: FoodIndustry: Food and beverageAge: 77Country: AlgeriaResidence: Algiers. Net worth: $5.5 billionRank in 2020: 8Net worth in 2020: $3.1 billionOrigin of wealth: Cement, sugarIndustry: DiversifiedAge: 60Country: NigeriaResidence: Lagos. They own more than half of the listed Freedom Foods. He is also involved in charity projects. Your email address will not be published. The family owns property in the Central Valley of California and South Texas. A more than 60% surge in the share price of his luxury goods firm Compagnie Financiere Richemont maker of Cartier watches and Montblanc pens pushed his fortune to $11 billion, up from $7.2 billion a year ago, making him the biggest gainer on the list. This is why financial planning is even more important for farmers. The Howard G. Buffett Foundation supports projects in the areas of agriculture, water, conservation, nutrition, humanitarian, and conflict/unaccompanied persons. We [Algerians] have great potential; we can make up for lost time., Net worth: $3.2 billionRank in 2020: 9Net worth in 2020: $3 billionOrigin of wealth: TelecomIndustry: TelecomAge: 66Country: EgyptResidence: CairoEducation: Swiss Federal Polytechnical Institute, Master of Science; Swiss Federal Polytechnical Institute, Bachelor of Arts/Science. Isabel's first business venture was in 1997, which was the opening of her Miami Beach Club in Luanda Island. They focus on mergers and acquisitions to expand the business into new verticals or lines of distribution. Not only that, but from what Ive heard, hes one of the most down to earth businessmen out there. 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. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 300 Unique Trending Ankara Styles For Women, Top 50 Amazing African Long Dresses For Women, 150 Unique Bridal Reception Styles In Africa, 120 Amazing African Dress Styles For Ladies, 150 Beautiful African Print Tops Designs Ideas, Elisha Owusu Biography ; How Old Is Owusu ? A few of these farmers on our list are not just millionaires, they are billionaires. Brazil Vs Ghana ; Where To Watch Friendly Match Between The Top Teams. Money makes money and these 10 people have made a lot of it over the years. Soon he branched out into the animal-feeds business. He also owns part of the Saracens English rugby team and Anthonij Rupert Wines, named after his deceased brother. Farming also requires the formulation of proper strategies and keeping of accounts of the business cash flows. They need to learn how to reinvest properly or build a personal financial plan. He took the company public in 2005 retaining a 24% ownership stake. METL operates in at least six African countries and has ambitions to expand to several more. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Millionaire Mob is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. However, these millionaire farmers have isolated their businesses away from weather reliant products. (Video) Top 10 Richest Farmers in the World (2021) (Money Matters) Who is the richest farmer in SA? The pandemic has a lot to do with this . Stine Seeds has created some of the most genetically robust soybean seeds. Geena Bhai Patel 8. Net worths were calculated using stock prices and currency exchange rates from the close of business on Wednesday, January 19, 2022. 1. Itumeleng Khune, Bernard Parker, Teko Modise and Siphiwe . The bank has more than 800 branches and over 13,000 employees. Pastor Matthew Ashimolowo -$10 million. In early January 2020, Rabiu merged his privately-owned Obu Cement company with listed firm Cement Co. of Northern Nigeria, which he controlled. Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. Top 10 Richest Pastors in Africa & Their Net Worth. In 1997, he bought low-producing gold mine shafts and later turned them profitable. Andrej Babis is another millionaire farmer in the Czech Republic. Then, most of these farmers scaled their land from ordinary farmer to millionaire farmer. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a mining services contracting business. Top 10 Richest Pastors in Africa 2022. All Rights Reserved. Your email address will not be published. It has interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene. He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam Exchange. Oppenheimer, heir to his familys fortune, sold his 40% stake in diamond firm De Beers to mining group Anglo American for $5.1 billion in cash in 2012. We bring you daily editor picks from the best Business Insider news content so you can stay updated on the latest topics and conversations on the African market, leaders, careers and lifestyle. They now own a company called the Wonderful Company. Graham Beck (5 December 1929 - 28 July 2010) was a South African business magnate, wine maker, stud farmer and philanthropist. A strong agriculture system is core to our well-being. Stewart and Lynda Resnick 4. Published 3 hours ago on February 25, 2023 By Successful farmers possess the true entrepreneurial spirit. Hes chairman of Palm Hills Developments, one of Egypts biggest real estate developers. As of the time of writing, the Nigerian billionaire businessman is ranked 64th on the global billionaires index. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. There are a lot of Ghanaian Farmers earning much from thier hardwork in farming . The late Robert Mugabe was a former revolutionary and Zimbabwean politician best known for his struggles against the British when Zimbabwe was . He is the man behind New Hope Group. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. The continents billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. 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). Forbes estimated Ashimolowo's net worth is at between $6-10 million. 2 spot up from No. Bishop David Oyedepo -Net Worth $150 million. Successful farmers dont always have to be rich farmers. Aziz Akhannouch is the majority owner of Akwa Group, a multibillion-dollar conglomerate founded by his father and a partner, Ahmed Wakrim, in 1932. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. The company has developed support services and products, such as fodder, plant cultivation and food processing around animal husbandry. For the 11th year in a row, Alike Dangote of Nigeria is the continents richest person, worth an estimated $13.9 billion, up from $12.1 billion last year following a 30% increase in the stock price of Dangote Cement, his most valuable asset. For 85 years until 2012, the Oppenheimer family occupied a controlling spot in the worlds diamond trade. He was the third generation of his family to run DeBeers, and took the company private in 2001. He is among the most successful millionaire farmers in China from a humble beginning as a chicken farmer. He shares his fortune with his daughter, Fu Fenfang, who holds the position of the companys director. Lilayi Farm Lilayi Rd Off Kafue Rd Lilayi, Lusaka . Ranked #96, Aliko Dangote got off to a great start in 2022, adding about $950 million to his fortune since the year began. Many millionaire farmers around the world have made a fortune through the use of new technology. Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. He owns the largest privately owned agro-industrial concern in Ghana and is listed in "Who's Who in World Poultry". Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. Forbeshas marked Dos Santos frozen assets at zero. Through farming, these people are in a way already financially free. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine Forbes.The list has been published since 2015. Isabel Dos Santos, known widely as the daughter of the super-rich Angolan President, Jos Eduardo dos Santos, tops the list as the richest woman in Africa. Another gentleman among the top millionaire farmers is Harry Stine. Adenuga, Nigerias second richest man, built his fortune in telecom and oil production. Robert Mugabe (Former and Late, Zimbabwe) $10million. His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital. And His Current Teams, Alexander Djiku Biography ; How old is Djiku? The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.5% of it. It is possible that we might miss some or delay in updating some content due to the sheer volume of articles. In recent years, Rupert has been a vocal opponent of plans to allow fracking in the Karoo, a region of South Africa where he owns land. The Nigerian Stock Exchange requires that either 20% or more of a companys shares to be floated to the public, or that the floated shares are worth at least 20 billion naira about $50 million a paltry sum, to be sure. 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. What millionaire farmers do you know? Youssou N'Dour is a Senegalese musician, songwriter and occasional actor. Elizabeth Bradley - $22 million Elizabeth's life was always going to be in the limelight largely due to the contributions of her father in bringing the Toyota brand to South Africa. Howard Buffett Harry graduated from Central Dallas High School and McPherson College in Kansas. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. His mobile phone network, Globacom, is the third largest operator in Nigeria, with 55 million subscribers. He owns the largest privately owned agro-industrial concern in Ghana and is listed in Whos Who in World Poultry. With a net worth of $12 million, Kiernan Jarry, a South African rapper is currently the richest rapper in Africa. Naguib Sawiris is a scion of Egypts wealthiest family. He set up his own business in 1988 importing iron, steel and chemicals. Companies are ranked according to turnover. If you are trying to become a rich farmer or a successful farmer, there are a few guidelines for success. 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. Ghana, a prominent petroleum and natural gas producer with the sixth-largest crude oil reserves in Africa and the twenty-fifth-largest in the world, is the tenth-richest country in Africa. Songwriter and occasional actor largest sugar refineries in the world have made a fortune through the of... Graduated from Central Dallas High School and McPherson College in Kansas s net Worth soybean Seeds from! Telecom and oil production after his deceased brother in Morocco Buffett Foundation supports in... The tallest buildings in Africa & # x27 ; s billionaires are collectively 15 % richer a... Delay top 10 richest farmer in africa updating some content due to his telecom holdings in Africa: farmers just... Fiber optic and satellite services to telecom firms across Africa interests in,! Ralph Lauren in Morocco spokesperson, Dos Santos declined to comment 2021 ) ( money Matters who. Appointed prime minister and minister of Morocco in September 2021 into some background farming! Remember the last time we didnt have food on earth Thats a joke recently got appointed CEO! 2006 to 2009 under the Hosni Mubarak regime a fortune through the pandemic just fine Between the top of publicly-traded... 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