Top 10 Richest Families in Africa 2024

Top 10 Richest Families in Africa 2023

Top 10 list of the richest families in Africa in 2023.

It is no secret that Africa has some of the richest families in the world. According to Forbes, the continent’s 18 billionaires are worth an estimated $84.9 billion, which is a 15% increase from the previous year.

As of 2023, for the 11th year in a row, Aliko Dangote of Nigeria is the richest person in Africa, worth an estimated $13.9 billion. Johann Rupert & Family ranks second on the list as the richest family in Africa, with an estimated net worth of $11 billion invested in fashion and retail. South African Nicky Oppenheimer, venturing into metals and mining, ranks No. 3, worth an estimated $8.7 billion.

The richest families in Africa in 2023 have made their fortunes by investing in fashion and retail, financial services, food and beverages, telecommunications, mining, and manufacturing in different countries and outside.

Some list members grow richer or poorer according to the stock prices and currency exchange rates of their businesses. This article will look at the top 10 richest families in Africa and their net worth.

The Richest Families in Africa 2023

Here is a list of the top 10 richest families in Africa in 2023 and their net worth.

  1. Aliko Dangote. Net worth 2023: $13.9 billion. Aliko Dangote is Africa’s richest person, Founder, and chairs Dangote Cement, the continent’s largest cement producer. He owns 85% of publicly-traded Dangote Cement ranking him number one on our list.
  2. Johann Rupert & family. Net worth 2023: $11 billion.
  3. Nicky Oppenheimer & family. Net worth 2023: $8.7 billion.
  4. Nassef Sawiris. Net worth 2023: $8.6 billion.
  5. Abdulsamad Rabiu. Net worth 2023: $7 billion.
  6. Mike Adenuga. Net worth 2023: $6.7 billion.
  7. Issad Rebrab & family. Net worth 2023: $5.1 billion.
  8. Naguib Sawiris. Net worth 2023: $3.4 billion.
  9. Patrice Motsepe. Net worth 2023: $3.1 billion.
  10. Koos Bekker. Net worth 2023: $2.7 billion.

Who is the richest man in Africa in 2023?

As of 2023, Aliko Dangote is now the richest man in Africa. He has a net worth estimated at 15 billion U.S. dollars and is ranked 125th worldwide. From Nigeria, he is the founder and chairman of the Dangote Group, a large conglomerate operating in several sectors, including cement and sugar.

The richest man in East Africa 2023

Mohammed Dewji, Tanzania, is the richest man in East Africa, with an estimated net worth of 1.6 billion dollars. Besides that, he ranks 17th as the richest man in Africa through 2023. He is the youngest richest man in Africa and also the first Tanzanian on the cover of Forbes magazine.

Lastly, if you missed our previous post,  here are the 10 richest families in Asia.

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