1 | NIGERIA - THE RICHEST COUNTRY IN AFRICA (GDP: $504.203 Billion) GDP: $504.203 Billion (nominal, 2023 est.) Cevital owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. All Rights Reserved. He owns at least 720 square miles of conservation land across South Africa, Botswana and Zimbabwe. 5) Nassef Sawiris (Egypt) - $6.72 billion. Net worth: $12.1 billionRank in 2020: 1Net worth in 2020: $10.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 63Country: NigeriaResidence: LagosEducation: Al-Azhar University, Bachelor of Arts/Science. His other assets include stakes in mobile phone networks in Burundi and Lesotho, and investments in fintech and power distribution firms in Africa. Andrej Babis is another millionaire farmer in the Czech Republic. All Rights Reserved. Output of rabi oilseeds is estimated to increase by 4.6% with record-high production at 14.6 million tonnes. I cant remember the last time we didnt have food on earth Thats a joke. The company has developed support services and products, such as fodder, plant cultivation and food processing around animal husbandry. Subscribe to the Millionaire Mob early retirement blog newsletter to find the best dividend growth stocks and more. Howard Buffett 3. Harry Stine (America) 5. Oppenheimer is a sports fan and plays squash, golf and cricket. 2023 - 2023/2024 Scout Africa. Wapnick is one of the top 5 shareholders in each company, and her shares are estimated to be worth R544 million, according to Forbes. Who are the Top Richest Farmers In Ghana? We give you the opportunity to scout Africa and explore the latest opportunities , news and updates in Africa. Harry Stine 3. His brother Naguib is also a billionaire. He led Naspers to invest in Chinese Internet and media firm Tencent in 2001 by far the most profitable of the bets he made on companies elsewhere. The Howard G. Buffett Foundation supports projects in the areas of agriculture, water, conservation, nutrition, humanitarian, and conflict/unaccompanied persons. Successful farmers possess the true entrepreneurial spirit. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa. Ranked #240 on the list, Nicky Oppenheimer is South Africas second-richest person with a net worth of $8.35billion. Not only is Ethiopia one of Africa's wealthiest countries, it's also steeped in history. Colin and Dale Armer is a couple from New Zealand. thesouthafrican.com - Shyleen Choruma 3h. Bao Hongxing 9. He's made appearances in a few editions of Forbes, the business magazine popular with global corporate heavyweights and the high net-worth set. That said, here is a brief overview of the richest Presidents in Africa with reference to Forbes, People With Money magazine, CelebrityNetWorth. Dangote Group founder Aliko Dangote has topped the 2018 list. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. Aliko Dangote, Africa's richest person, founded and chairs Dangote Cement, the continent's largest cement producer. Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. He is also a businessman and a politician, born on October 1959. The familys Leppington Pastoral today has 2,000 cows on 11,000 hectares. At the same time, we will always need food. Stine Seeds has created some of the most genetically robust soybean seeds. He denies any wrongdoing. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. Harrys found some unusual soybean plants in one of the company fields which piqued his interest in research and seed breeding. Andrej Babis 5. 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. His New Hope Group maintains extensive interests in animal feed, property, logistics and dairy products. Philip Ndegwa Family. Youssef Mansour is chairman of family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. In early January 2020, Rabiu merged his privately-owned Obu Cement company with listed firm Cement Co. of Northern Nigeria, which he controlled. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. The majority of his wealth is derived from a 75-per cent stake in Jetro Holdings, a New York-based conglomerate that manages two wholesale grocery businesses in the United States. 7 7 Ethiopia GDP (PPP): $109 billion. In order to accumulate wealth, you need to own something. 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. 4) Natie Kirsh (South Africa) $7.67 billion. Oppenheimer owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa. He is the man behind New Hope Group. He is also involved in charity projects. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. He is among the most successful millionaire farmers in China from a humble beginning as a chicken farmer. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. Lets get into some background about farming and money. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.) Colin and Dale Armer 6. His business revolves around sugar, cement, and flour. He owns 7% of diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding company based in Luxembourg. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. Farmers simply dont get enough credit for what they do. They got their fortune first from the Teleflora flower delivery service. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. Agrofert owns over 100,000 ha of farmland, producing 265 million eggs per annum and 840,000 tons of animal feed. Net worth: $2.8 billionRank in 2020: 11Net worth in 2020: $2.5 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 68Country: South AfricaResidence: Cape TownEducation: Columbia Business School, Master of Business Administration; University of Witwatersrand, LLB. After many years in development, Dangotes fertilizer plant in Nigeria began operations in mid-2021. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. METL operates in at least six African countries and has ambitions to expand to several more. Here are the five Africans who feature in the top 500 As of the time of writing: 1) Aliko Dangote (Nigeria) - $20.5 billion. The pandemic has a lot to do with this . You can also attain wealth by investing and taking advantage of the compound interest snowball. If you are a millionaire, you still may not know if you are ready to retire. They are significant shareholders in corporate business Dairy Holdings which own 59 dairy farms, 48,010 cows and produce 17.3 million kilograms of milk solids per year. Plants to Grow on Your One Acre Farm. Contents [ hide] 10. In October 2011, she became the non-executive chairman of. That pushed Rabius fortune up by an extraordinary 77%, to $5.5 billion. 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. The Agrofert group is still the leading player in the Czech and Slovak food processing industry and agriculture though it branched out in several other industry sectors. List of best Farmers in Zambia of 2023. . Mohammed Dewji is the CEO of MeTL, a Tanzanian conglomerate founded by his father in the 1970s. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a contracting business doing mine scut work. How Darko Farms started?Realizing the enormous potential that existed for commercial poultry farming, Kwabena set out to form his own commercial poultry farming business with savings of US $1,000. The biggest gainer in percentage terms up 125% is Strive Masiyiwa of Zimbabwe, worth $2.7 billion (up from $1.2 billion last year). In 2019, Naspers put some assets into two publicly-traded companies, the entertainment firm MultiChoice Group and Prosus, which contains the Tencent stake. Soon he branched out into the animal-feeds business. 6. According to Billionaires Africa, his 75-per cent stake in Jetro Holdings accounts for 61 per cent of his total wealth valuation, with the market value of his stake in the New York-based conglomerate presently valued at $4.8 billion. Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. Forbes Magazine's list of the top 10 richest African musicians in 2022. Here are several millionaire farmers that have built wealth by following their plan and growing their agriculture business. Fujian Sunner mainly deals with breeding, slaughtering and meat processing of chicken, mostly in China. All Rights Reserved, How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. 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. To value privately held businesses, we start with estimates of revenues or profits and apply prevailing price-to-sale or price-to-earnings ratios for similar public companies. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt. 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. Aliko Dangote | Sub-Saharan Africa | Net Worth: $11 Billion USD 9. There are several other farmers that are also doing very good and need the spotlight. Liu and his brothers are millionaire farmers and made it to the top wealthiest farmers list by focusing mostly on the agriculture and animal husbandry sector. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern. Geena Bhai Patel 8. South Africa - $861.93 billion. Howard Buffett 7. Former President Olusegun Obasanjo is one of the richest farmers in Nigeria in 2022. He set up his own business in 1988 importing iron, steel and chemicals. He owns the largest privately owned agro-industrial concern in Ghana and is listed in "Who's Who in World Poultry". Koos Bekker is revered for transforming South African newspaper publisher Naspers into an eCommerce investor & cable TV powerhouse. He also controls the world's largest luxury watchmaker, Cie. Financiere Richemont, through a family trust. All of the continents billionaires are men; Isabel dos Santos of Angola fell off the Forbes list in January 2021. It is possible that we might miss some or delay in updating some content due to the sheer volume of articles. And His Current, Alexander Djiku Biography ; How old is Djiku? Harry Stine 4. (Video) Top 10 Richest Farmers in the World (2021) (Money Matters) Who is the richest farmer in SA? A strong agriculture system is core to our well-being. 3) Nicky Oppenheimer (South Africa) $8.35billion. It is not without cycles, however. Rebrab is the son of militants who fought for Algerias independence from France. Nassef Sawiris teamed up with Fortress Investment Groups Wes Edens to purchase Aston Villa Football Club. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. Nassef Sawiris is a scion of Egypts wealthiest family. We calculated net worths using stock prices and currency exchange rates from the close of business on Friday, January 8, 2021. Metl operates in at least 720 square miles of conservation land across South Africa, Botswana and.... Metl, a Tanzanian conglomerate founded by his father in the 1970s other farmers that are also doing very and... 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To our Terms of Use and Privacy Policy strive Masiyiwa overcame protracted opposition! Delivery service million eggs per annum and 840,000 tons of animal feed the Hosni Mubarak regime assets! Of a Billionaire 2011, she became the non-executive chairman of family-owned conglomerate Group. Santos, Went Broke: the Unmaking of a Billionaire good and need the spotlight a... Buffett Foundation supports projects in the financial, healthcare, consumer products, industrial, infrastructure Media! Pushed Rabius fortune up by an extraordinary 77 %, to $ 5.5 billion Masiyiwa overcame protracted opposition. Began operations in mid-2021 conservation, nutrition, humanitarian, and flour with a net worth of $.. By investing and taking advantage of the richest farmer in SA ; Isabel dos Santos, top 10 richest farmer in africa! Fortune first from the close of business on Friday, January 8, 2021 get into some background farming. 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