Richest People In Africa 2012 – African Billionaires

No.1 Aliko Dangote

Net Worth:$11.2 billion – As of March. 2012

Source of wealth: sugar, flour, cement , self-made

Age:54 ,Citizenship: Nigeria , Residence: Lagos, Nigeria

Marital Status: Married, Children:3

Aliko Dangote is Africa’s and Nigeria’s Richest Man as of 2012 according to Forbes Magazine with a net worth of $11.2 billion.

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No.2 Nicky Oppenheimer & family

Net Worth:$6.8 billion – As of March 2012

Source of wealth: De Beers, inherited

South Africa’s Richest Person: #1

Age:66 , Citizenship : South Africa , Residence: Johannesburg, South Africa

Marital Status: Married, Children:1

Nicky Oppenheimer is worth $6.8 billion. He is the richest person in South Africa and is the 139th richest person in the world. How did he get rich? He is the chairman of De Beers diamonds, of course, and also has a significant interest in Anglo-American plc, the gold mining company. He also owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa.

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No.3 Nassef Sawiris (tie)

Net Worth:$5.1 billion  – As of March 2012

Egypt’s Richest Person: #1

Source: construction, inherited and growing

Age:51 , Citizenship: Egypt , Residence: Cairo, Egypt

Nassef Sawiris is Onsi’s youngest son and is worth $5.5 billion. He is the richest person in Egypt, and the 199th richest person in the world. He took over leadership of Orascom’s construction and fertiliser division in the late nineties and sold its cement business to Lafarge in 2007, although he still owns a stake and sits on the French company’s board. He is also the largest shareholder in Texas Industries.

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No.3 Johann Rupert & family (tie)

Net Worth:$5.1 billion - As of March 2012

Source: Luxury goods, inherited and growing

Age: 61 , Citizenship: South Africa, Residence: Stellenbosch, South Africa

Marital Status: Married, Children:3

Johann Rupert is the second-richest person in South Africa, being worth $5.1 billion. He is the 199th richest person in the world, and made his money from Richemont, the Swiss luxury group that owns Cartier, Dunhill, Chloe bags and MontBlanc pens. The company purchased online fashion portal Net-a-Porter. Remgro, his South African holding company purchased VenFin earlier in 2010. He also owns Rupert & Rothschild and L’Ormarins wine estates, and one of South Africa’s most exclusive golf clubs.

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No.5 Mike Adenuga

Net Worth:$4.3 Billion – As of March 2012

Source of wealth: Telcom, banking, oil, self-made

Age:58 , Citizenship: Nigeria , Residence:Lagos, Nigeria

Marital Status: Married

Mike Adenuga is the second-richest person in Nigeria with a fortune of $4.3 Billion. He is the 248th richest person in the world and made his money in telecommunications with Globacom, a carrier that has recently launched its 4G network. The company has also invested in the submarine cable connecting Nigeria to the world. His beginnings were small, as he started selling lace and Coca-Cola, but then he finally won a contract to build military barracks in the late 1980s. Adenuga also has a stake in the Equitorial Trust Bank, and is the chair of Conoil.

No.6 Naguib Sawiris (tie)

Net Worth:$3.1 billion – As of March 2012

Source: Telecom, inherited and growing

Age:57 ,Citizenship: Egypt ,Residence: Cairo, Egypt

Marital Status: Married, Children: 4

Naguib Sawiris, Onsi’s eldest son, is the second-richest person in Egypt – he is worth $2.9 billion, which makes him the 367th richest person in the world. He is the head of Wind Telecom, which is a mobile service provider for Africa, South Asia, Europe, Canada and the Middle East. Naguib attempted to sell his service provider to MTN group previously, but failed.

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No.6 Christoffel Wiese (tie)

Net Worth: $2.7 billion – As of March 2012

Source: Consumer retail, self-made

Age:70 , Citizenship: South Africa

Marital Status: Married, Children: 3

Christoffel, or Christo as he’s more commonly known, is the fourth-richest person in South Africa. He is worth $2.7 billion and made his money as CEO of Shoprite. He also owns a stake in Pepkor, a discount clothes, shoes and textiles store in South Africa, and is known for restoring a South African farm estate and remodelling it into a five-star hotel. Other assets include Lourensford Estate, the wine producer, and a private game reserve in the Kalahari. He is the 782nd richest person in the world.

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No.8 Onsi Sawiris

Net Worth:$2.9 billion – As of March 2012

Source: construction, self-made

Age:82 , Citizenship: Egypt, Residence: Cairo, Egypt

Marital Status: Married, Children: 3

Onsi Sawiris is the third-richest person in Egypt, and the #401 in the world. He is worth $2.9 billion and made his millions as the founder of the business dynasty that includes Orascom telecom, hotels and construction. He was encouraged to study agriculture when he was younger, but found it boring and opened up his own contracting firm, which had to be rebuilt after it was nationalised in the 1960s.

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No. 8 Miloud Chaabi

Net Worth: $2.9 Billion – As of March 2012

Morocco’s Richest Person: #1

Source of wealth: Real estate

Age: 83 , Citizenship: Morocco

Marital Status: Married

Morocco’s richest man got his start in 1948 developing housing, then expanded through Ynna Holding into hotels, supermarkets, and renewable energy. Chaabi was a member of Parliament, where he was dubbed the “red capitalist,” when he allied himself with the socialist party.

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No.10 Patrice Motsepe

Net Worth:$2.7 Billion – As of March 2012

Source: Mining, self-made

Age:50 ,Citizenship: South Africa , Residence: Johannesburg, South Africa

Marital Status: Married, Children:3

Patrice Motsepe is South Africa’s third-richest person, worth $2.7 billion. He made his money in mining and is the 442nd richest person in the world. His money is the result of the purchasing of low-producing gold mine shafts in 1994, which he made profitable. Since then, he has built African Rainbow Minerals, benefiting as a result of South Africa’s Black Economic Empowerment (BEE) laws. He also owns a stake in Sanlam.

No. 11 Othman Benjelloun

Net Worth: $2.3 Billion – As of March 2012

Morocco’s Richest Person: #2

Source: Banking, Insurance

Age:79 , Citizenship: Morocco

Marital Status: Married, Children:2

Othman Benjelloun’s father was a large shareholder in a small Moroccan insurance company. Benjelloun took over in 1988, and built it into RMA Watanya, a leading insurance company. He then used it to expand into banking. His publicly traded BMCE Bank is present in more than a dozen African countries (due to an acquisition of Bank of Africa), and has a market capitalization of $4 billion.

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No.12 Mohamed Mansour

Net Worth: $1.7 Billion - As of March 2012

Source: Diversified, self-made

Age:64 ,Citizenship: Egypt , Residence:Cairo, Egypt

Marital Status: Married, Children:2

Mohamed Mansour is the older brother of Youssef and Yasseen, and is worth $1.7 billion, he made through his fortune through various ventures. He is the fourth-richest person in Egypt, and the 595th richest person in the world. His family is the biggest seller of GM vehicles around the world, and the Mansour group has interests in diverse industries, such as supermarkets and real estate.

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No.13 Yasseen Mansour (tie)

Net Worth: $1.6 Billion – As of March 2012

Source: Diversified, self-made

Age:50 ,Citizenship: Egypt ,Residence:Cairo, Egypt

Marital Status:Married, Children:4

Yasseen Mansour is worth $1.6 billion and is the fifth-richest person in Egypt. He is the youngest brother of Mohamed and Youssef Mansour, and is the head of Egypt’s second-largest retail estate developer Palm Hills Developments. He is the 692nd richest person in the world but is facing allegations of corruption after his cousin, who was ousted Egyptian president Mubarak’s housing minister, was found to be a shareholder in that company and other Mansour holdings.

No. 13 Anas Sefrioui (tie)

Net Worth: $1.6 Billion – As of March 2012

Source: Real estate

Age: 55 , Citizenship: Morocco

Marital Status: Married, Children: 3

Moroccan entrepreneur Anas Sefrioui formed a real estate development group in 1988, but his big break came nearly ten years later when he won a contract to build a chunk of government-subsidized housing under the patronage of Morocco’s late King Hassan II. He won another $1 billion state contract in 2005 to build more housing units.

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No.15 Youssef Mansour

Net Worth: $1.5 billion – As of March 2012

Source: Diversified, self-made

Age:66 ,Citizenship: Egypt , Residence:Cairo, Egypt

Marital Status:Married,Children:5

Youssef Mansour is the older brother of Mohamed Mansour. He is worth $1.5 billion and is the sixth-richest person in Egypt. He is the 864th richest person in the world and was behind the construction of the largest supermarket chain in Egypt, called Metro. He apparently enjoys collecting furniture that King Louis XIV of France was fond of, and Renaissance paintings.

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No.16 Mohamed Al Fayed & family

Net Worth: $1.3 Billion – As of March 2012

Source: Retail, self-made

Age:79 ,Citizenship: Egypt

Marital Status: Married, Children:5

Mohamed Al Fayed is worth $1.3 billion, making him the 960th richest person in the world and the eighth richest person in Egypt. His business interests include ownership of Fulham Football Club in England, Hotel Ritz Paris and formerly Harrods Department Store in Knightsbridge.

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List of African Millionaires Of 211 According to Forbes:

#17 Jim Ovia

Net Worth: $775 Million, Source: Banking

Citizenship: Nigeria , Age: 57

#18 Lauritz (Laurie) Dippenaar

Net Worth: $750 Million, Source: Banking, Insurance

Citizenship: South Africa , Age: 63

#19 Shafik Gabr

Net Worth: $730 Million, Source: Diversified

Citizenship: Egypt , Age: 59

#20 Stephen Saad

Net Worth: $640 Million, Source: Pharmaceuticals

Citizenship: South Africa , Age: 47

#21 Theophilus Danjuma

Net Worth: $600 Million, Source: Oil

Citizenship: Nigeria , Age: 72

#22 Alami Lazraq

Net Worth: $575 Million, Source: Real estate

Citizenship: Morocco , Age: 61

#23 Samih Sawiris

Net Worth: $560 Million, Source: Real estate, Hotel

Citizenship: Egypt , Age: 54

#24 Oba Otudeko

Net Worth: $550 Million , Source: Manufacturing, Telecom

Citizenship: Nigeria , Age: 67

#25 Raymond Ackerman

Net Worth: $545 Million, Source: Retailing

Citizenship: South Africa , Age: 80

#26 Uhuru Kenyatta & family

Net Worth: $500 Million, Source: Land

Citizenship: Kenya , Age: 50

#27 Gerrit Thomas (GT) Ferreira

Net Worth: $460 Million, Source: Banking, Insurance

Citizenship: South Africa , Age: 63

#28 Hakeem Belo-Osagie

Net Worth: $450 Million, Source: Telecom

Citizenship: Nigeria , Age: 56

#29 Abdulsamad Rabiu

Net Worth: $400 Million, Source: Sugar, Flour, Cement

Citizenship: Nigeria , Age: NA

#30 Mohammed Indimi

Net Worth: $330 Million, Source: Oil

Citizenship: Nigeria , Age: 63

#31 Chris Kirubi

Net Worth: $300 Million, Source: Real estate

Citizenship: Kenya , Age: 70

#31 Jannie Mouton

Net Worth: $300 Million, Source: Financial services

Citizenship: South Africa , Age: 64

#33 Michiel Le Roux

Net Worth: $290 Million, Source: Banking

Citizenship: South Africa , Age: 62

#34 Adrian Gore

Net Worth: $280 Million, Source: Financial services

Citizenship: South Africa , Age: 47

#34 Strive Masiyiwa

Net Worth: $280 Million, Source: Telecom

Citizenship: Zimbabwe , Age: 51

#36 Cyril Ramaphosa

Net Worth: $275 Million, Source: Investments

Citizenship: South Africa , Age: 59

#36 Giovanni Ravazzotti

Net Worth: $275 Million, Source: Ceramics, Tile

Citizenship: South Africa , Age: 68

#38 Mohamed Bensalah

Net Worth: $270 Million, Source: Financial services

Citizenship: Morocco , Age: 41

#39 Markus Jooste

Net Worth: $260 Million, Source: Furniture retailing

Citizenship: South Africa , Age: 50

#40 Paul Harris

Net Worth: $250 Million, Source: Banking

Citizenship: South Africa , Age: 61

Biography of Aliko DANGOTE

Born on 10/04/1957

Biography :

Alikote Dangote (b. on April 10,1957), is the Nigerian  founder and president of Dangote Group.He is known to be one the richest man in Africa , but he said "I think I have to be rated by Forbes magazine first before I can be [called] the richest man in Africa," says Mr Dangote modestly. "But, you know, I'm comfortable."He ranked first in Nigeria in the Forbes 2008 list of the richest people in the world with a fortune estimated at 3.3 billion dollars.

Aliko Dangote is the 'golden child' of Nigerian business circles. The Dangote consortium spans across many sectors of the Nigerian economy
The Dangote Group provides , cements ,sugar, salt, flour , ricr, spaghettis, textile etc,,,,,,,,,at competitive prices.
As a nonpartisan and detribalized businessperson, he is generous to different political parties, religious groups and cultural institutions. Apart from providing employment to elite graduates from different ethnic backgrounds, he minimizes the level of crime by engaging youths who are school leavers in the area of transportation, packaging, security amongst others.

It may not be a wild assumption to say that every Nigerian has heard of his name because of the impact of his business. His products are in most homes across the country. Those who may not use his products would have passed some of his trailers by the way. He is into export, import, manufacturing, real estate and philanthropy. All these are rolled together into what is known as the Dangote Group.

At the helm of its affairs as president and Chief Executive Officer is an unassuming man named Aliko Dangote. The focus of his investments is food, clothing and shelter.

The Dangote Group imports 400,000 metric tonnes of sugar annually which accounts for about 70 per cent of the total requirements of the country and is a major supplier of the product to the manufacturers of Coca Cola, Pepsi Cola and Seven-Up in Nigeria. It imports 200,000 metric tonnes of rice annually just as the company imports tonnes of cement and fertilizer and building materials.
Dangote Group also imports fish and owns three big fishing trawlers chartered for fishing with a 5,000 MT capacity.
The group exports cotton, cocoa, cashew nuts, sesame seed, ginger and gum Arabic to several countries.

Beginning

Born in Kano, his grand father, the late Alhaji Sanusi Dantata provided him with a small capital to start his own business, as was the practice then. He thus started business in Kano in 1977 trading in commodities and building materials. Alhaji Aliko Dangote moved to Lagos in June 1977 and continued trading in cement and commodities. Encouraged by tremendous success and increase in business activities, he incorporated two companies in 1981. These and others that followed now make up the conglomerate known as Dangote Group.

Activities

The group today is involved in diverse forms of manufacturing with high turnover. Dangote textile and the Nigeria Textiles Mills Plc, which it acquired, produce over 120,000 meters of finished textiles daily. The group has a ginnery in Kankawa, Katsina State with a capacity of 30,000 MT of seeded cotton annually.
The sugar refinery at Apapa port, Lagos is the largest in Africa and in size the third largest in the world with an annual capacity of 700,000 tonnes of refined sugar annually. It also has another 100,000 tonne-capacity sugar mill at Hadeja in Jigawa State.

Apart from having substantial investment in the National Salt Company of Nigeria at Ota, Ogun State, the group has salt factories at Apapa and Calabar, a polypropylene bagging factory which produces required bags for its products, over 600 trailers for efficient distribution network and goods meant for export can also efficiently be transported to the ports.

A vehicle leasing unit with over 100 fully air-conditioned commuter buses, is also part of the Dangote Group. It is also into real estate with luxury flats and high rise complexes in Ikoyi, Victoria Island, Abuja and Kano. Dangote Foundation is the philanthropic arm of the group where yearly he spends millions for worthy causes such as contributions to educational and healthcare institutions, sinking of boreholes and giving of scholarships.

The Dangote Group has nationwide staff strength of 12,000 but on completion of on-going projects, it is expected to hit 22,000.
Alhaji Aliko Dangote’s business success may be influenced by various factors. He seems to be broad-minded. Unlike some people, his Personal Assistant is Yoruba while his Head of Corporate Affairs is a Christian from Delta State.

In this encounter, Dangote talks about his driving force in business, the factors that have kept him above his contemporaries in business, his $800 million cement factory at Obajana, Kogi State and the N14 million mega company, which he and some industrialists have set up. Perhaps above all, his patriotic stance is commendable: “If you give me today $5 billion, I will not invest any abroad, I will invest everything here in Nigeria. Let us put heads together and work.”

As a self-employed person, with minimum basic education, he proves that business success can be through determination, honesty and perseverance; and not necessarily by acquiring Harvard-Oxford certificates or First-Class academic qualification. His managerial skill must surely be the envy of economic professors. Instead of stashing his funds in foreign accounts, a common feature of fraudulent front and public office looters, Dangote invests wisely in the productive sector of the Nigerian economy.
To deny that Dangote does not have monopoly over some of the commodities in the Nigerian market is to deny the obvious. Recently he and other notable Nigerians announced their desire to float a private sector mega company with the name Transnational Corporation of Nigeria (TCN), which amongst other things may acquire government-owned refinery, operate strategic state-owned coys and pioneer status in Agriculture and IT.

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One of The richest man in Africa

http://www.africansuccess.org/visuFiche.php?id=469&lang=en

African bilionaires: Aliko Dangote is Africa’s Richest Person. He is Richer than Mark Zuckerberg.

A. Dangote.

The latest Forbes list of richest men in the world was released today, Nigeria’s business man Aliko Dangote is the richest African and he made a quantum leap on the list from 200+ position last year to 51 position in the latest list, surpassing a whole lot of bunch like Abramovich Richard Branson, Oprah Winfrey and followed closely by Mark Zuckerberg of Facebook.

Forbes says Aliko Dangote has a networth of $13.8billion as of March 2011, ranking him 51st in the world and number 1 in Africa.

The 53-yr old businessman’s fortune surged 557% in the past year, making him the world’s biggest gainer in percentage terms.

The listing of his company, Dangote Cement, on the Nigerian Stock Exchange served as a catalyst. His company’s listing now accounts for a quarter of the market capitalization of the Nigerian Stock Exchange. Dangote Flour, Dangote Sugar and national Salt, his other companies also listed on the exchange, means that he accounts for close to 35 per cent of the total market capitalisation.

The Nigerian businessman’s fortune surged 557% in the past year, making him the world’s biggest gainer in percentage terms and Africa’s richest individual for the first time. The catalyst was listing Dangote Cement, which integrated his investments across Africa with his previously public Benue Cement; it now accounts for a quarter of the Nigeria Stock Exchange’s total market cap. Already the continent’s biggest cement maker, he has plants under construction in Zambia, Tanzania, Congo and Ethiopa and is building cement terminals in Sierra Leone, Ivory Coast and Liberia, among other places. Dangote, who recently bought himself a $45 million Bombardier aircraft for his birthday, has been shuttling back and forth to London for months, in anticipation of a public offering there later this year. Dangote began his career as a commodities trader; built his Dangote Group into conglomerate with interests in sugar, flour milling, salt processing, cement manufacturing, textiles, real estate, and oil and gas.

Dangote began his career as a commodities trader.

Aliko Dangote – how did he become Africa’s richest person overnight?

According to Forbes, Aliko Dangote, Africa’s richest man and Nigeria’s first billionaire is worth .8 billion. Forbes reports that the Nigerian businessman's fortune surged 557% in the past year; making him the world's biggest gainer in percentage terms and Africa's richest individual for the first time.

The name Aliko Dangote, first flew on Chocolate City's radar after it was announced that he purchased a nice little birthday present when he turned 53-years-old. He paid $45,000,000 million for a Bombardier Global Express XRS aircraft.

According to Forbes, Dangote, Africa’s richest man and Nigeria’s first billionaire is worth $13.8 billion. Forbes reports that the Nigerian businessman's fortune surged 557% in the past year; making him the world's biggest gainer in percentage terms and Africa's richest individual for the first time.

Dangote began his career as a commodities trader; built his Dangote Group into conglomerate with interests in sugar, flour milling, salt processing, cement manufacturing, textiles, real estate, and oil and gas. Established in May 1981 as a trading business with an initial focus on cement, Dangote Group diversified over time into a conglomerate trading cement, sugar, flour, salt and fish. By the early 1990s Dangote Group had grown into one of the largest trading conglomerates operating in the country and the largest cement plant in sub-Saharan Africa..

In 1999, following the transition to civilian rule and after an inspirational visit to Brazil to study the emerging manufacturing sector, the Dangote Group made a strategic decision to transit from a trading based business into a fully fledged manufacturing operation. In a country where imports constitute the vast majority of consumed goods, a clear gap existed for a manufacturing operation that could meet the 'basic needs' of a vast and fast growing population.

As Africa's largest cement maker, Dangote Group has plants under construction in Zambia, Tanzania, Congo and Ethiopia and is building cement terminals in Sierra Leone, Ivory Coast and Liberia, among other places.

This month, Dangote pledged $2 million to establish a fellowship program aimed at grooming young leaders from Africa. Details of the fellowship as well as the selection criteria are yet to emerge, but Dangote promised that his Dangote Foundation will award the fellowship to 35 young Africans