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. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. Harry Stine (America) 5. Aliko Dangote - $12 Billion. Morocco - $302.77 billion. Altogether, the 18 billionaires from Africa this year 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. He documents the challenges of preserving biodiversity and providing sufficient resources to support the ever-growing human demands. Without further ado, lets look at the top ten wealthiest farmers in the world (not in any particular order). His oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta. Nicky Oppenheimer, heir to the DeBeers diamond fortune, sold his 40% of the firm to mining group Anglo American for $5.1 billion in cash in 2012. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. Itumeleng Khune, Bernard Parker, Teko Modise and Siphiwe . His company Almarai is one of the largest dairy operators in the Middle East. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. Copyright 2023. He's made appearances in a few editions of Forbes, the business magazine popular with global corporate heavyweights and the high net-worth set. Who are the Top Richest Farmers In Ghana? What are you waiting for? His net worth is around $3.4 billion. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. Millionaire Mob is an early retirement blog focused on passive income, personal finance, dividend growth investing and travel hacking. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. Dangote Group founder Aliko Dangote has topped the 2018 list. Sawiris helped found The Free Egyptians, a liberal political party, at the onset of Egypts uprisings in 2011. King Goodwill Zwelithini of Zulu South Africa. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. His father was a shareholder in RMA, a Moroccan insurance company; Benjelloun built it into a leading insurer. Rabiu, the son of a businessman, inherited land from his father. Farming and agriculture has a poor image in popular culture, but it remains a solid investment for families and people around the world. Aliko Dangote | Sub-Saharan Africa | Net Worth: $11 Billion USD 9. The company which was then known as Paramount Farm soon became the largest pistachios and almonds producers in the world. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. Our list tracks the wealth of African billionaires who reside in Africa or have their primary business there, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen, and billionaire London resident Mohamed Al-Fayed, an Egyptian citizen. However, these millionaire farmers have isolated their businesses away from weather reliant products. See full address and map. Net worth: $3 billionRank in 2020: 10Net worth in 2020: $2.6 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 58Country: South AfricaResidence: Johannesburg. Find Farmers in Zambia and get directions and maps for local businesses in Africa. Top 10 Richest Pastors in Africa & Their Net Worth. What millionaire farmers do you know? They need to learn how to reinvest properly or build a personal financial plan. Wendy Appelbaum; Wendy Appelbaum is currently the richest women in South Africa. Howard Buffett is thus among the once of many millionaire farmers in the world today. CEO of Topman farms Anthony Kofi Gyamfi specializes in animal farming and is one of the largest Poultry farms in Ghana. At the same time, we will always need food. Rebrab is the son of militants who fought for Algerias independence from France. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. Having started with zero capital, Colin and Dale bought 140 cows to share the farm with a focus on making profits. The continents 18 billionaires are worth an average $4.1 billion, 12% more than a year ago, driven in part by Nigerias surging stock market. A few of these farmers on our list are not just millionaires, they are billionaires. Prince Sultans real net worth is $3.8 billion. How I Paid Off My Debt (Including The Best Way to Clear Debt Fast), Guest Interview With The White Coat Investor, Early Retirement Interview with Well Kept Wallet: Work Hard for FIRE, Disclaimer, Disclosure and Privacy Policy. Stine Seeds has created some of the most genetically robust soybean seeds. Im bullish on farming for years to come. However, he recently got appointed the CEO and Chairman of the Howard G. Buffett Foundation. Jumping into the No. 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. Invest in farmland, local, national and worldwide, Invest in a farm, get your hands dirty, operate your own farm, Finance insiders can get rich farmers on a permaculture path. Mr.Fu made his fortune through the poultry business. Then, most of these farmers scaled their land from ordinary farmer to millionaire farmer. Disclaimer:As much as we try to update the information database on daily basis. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. He made his first million at age 26 selling lace and distributing soft drinks. Olusegun Obasanjo. He was the third generation of his family to run DeBeers, and took the company private in 2001. 7 7 Ethiopia GDP (PPP): $109 billion. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. He formed East Hope Group Company in the early 1990s after an amicable business split from his brothers. Over the summer of 2015, he sold more than 70% of his Naspers shares. See the full list of Africas billionaires here. He denies any wrongdoing. Andrej is the deputy prime minister and minister of finance of the Czech Republic. Individuals who are from Africa, but don't reside in the continent (such as Elon Musk and . To value privately held businesses, we take estimates of revenues or profits with prevailing price-to-sale or price-to-earnings ratios for similar public companies. Dangotes grandfather was a successful trader of rice and oats in Kano, Nigerias second-largest city. He took the company public in 2005 retaining a 24% ownership stake. Contents [ hide] 8. His brothers Mohamed and Youssef are also billionaires and part owners of Mansour Group. Without further ado, let's look at the top ten wealthiest farmers in the world (not in any particular order). His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. He owns 85% of publicly-traded Dangote Cement through a holding company. With both a million rewards points and a million dollar net worth you can live a happier lifestyle. In addition, he has a net worth of $6.6 billion. Naguib Sawiris is a scion of Egypts wealthiest family. Farmers have large upfront costs, but if you own the land and assets, you can live off of the income forever. His brother Nassef is also a billionaire. The company product range includes frozen chicken products for the food manufacturing industry, wholesale meat markets, and other markets as well. New Hope Group is a conglomerate that controls New Hope Liuhe where Lius daughter is a chairperson. Get this delivered to your inbox, and more info about about our products and services. The two brothers have a significant stake in joint venture Australian Fresh Milk Holdings which is the countrys most massive dairy milking operation. Net worth: $2.5 billionRank in 2020: 7Net worth in 2020: $3.3 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 72Country: EgyptResidence: CairoEducation: Auburn University, Master of Business Administration. 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. Who are the Richest Farmers In Ghana ? That pushed Rabius fortune up by an extraordinary 77%, to $5.5 billion. Some of the richest farmers in the world no longer focus on the grass roots of farming. Youssef Mansour is chairman of family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Subscribe to the Millionaire Mob early retirement blog newsletter to find the best dividend growth stocks and more. Harrys found some unusual soybean plants in one of the company fields which piqued his interest in research and seed breeding. Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. The oldest musician, according to Clacified. GDP is the total value of goods and ser. #Southern Africa; Top 10 richest people in the world - 1 March 2023; Top 10 richest people in the world - 1 March 2023. The company is best known for the brands Cartier and Montblanc. He owns 85% of publicly-traded Dangote Cement through a holding company. 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. (Video) Top 10 Richest Farmers in the World (2021) (Money Matters) Who is the richest farmer in SA? An ideal tip on how to become a successful farmer is to treat agriculture like any other business. Colin and Dale Armer 6. His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital. He also controls the world's largest luxury watchmaker, Cie. Financiere Richemont, through a family trust. His wealth is approximately $200 million. Rabiu, the son of a businessman, inherited land from his father. Cevital owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. Mr. Fu has a net worth of $1.5 billion. 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. Only two of the 18 billionaires have net worths that are lower than last year: Koos Bekker of South Africa, who dropped to $2.7 billion from $2.8 billion, and Mohammed Dewji of Tanzania, whose fortune fell to $1.5 billion from $1.6 billion a year ago. Get this delivered to your inbox, and more info about about our products and services. Lilayi Farm Lilayi Rd Off Kafue Rd Lilayi, Lusaka . Aziz Akhannouch is the majority owner of Akwa Group, a multibillion-dollar conglomerate founded by his father and a partner, Ahmed Wakrim, in 1932. The continent's billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. His net worth is around $3.4 billion. 1. Driving Web3 adoption in Africa: Q&A with Mouloukou Sanoh, co-founder of Cassava Network. Ranked #266 on the list, Kirsh's net worth has risen significantly in the last two weeks due to an increase in the value of his most valuable asset, Jetro Holdings. It is not without cycles, however. After serving eight months in jail on charges of corruption, Rebrab was released on January 1, 2020. They focus on mergers and acquisitions to expand the business into new verticals or lines of distribution. The company is best known for the brands Cartier and Montblanc. His own empire conflates telecommunications, technology, and media. AFRICAS BILLIONAIRES ARE RICHER than they have been in years. Harry Stine 4. He is also involved in charity projects. And His Current, Alexander Djiku Biography ; How old is Djiku? Net worths were calculated using stock prices and currency exchange rates from the close of business on Wednesday, January 19, 2022. Michael Adenuga - $9.2 Billion. These are the top 10 richest people and Billionaires from Africa in the year 2023.. Categories: Farmers Creighton Farmers Agency Address: 13 Main St, Creighton, 3263, South Africa, Kwazulu Natal. 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. His wife Salwa Idrissi runs her own company, which has franchises for Gap, Gucci and Ralph Lauren in Morocco. Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. He and his son retained a 96% stake in the company. Tana Africa recently exited its position in Regina, Egypts second-largest pasta manufacturer and the leading producer of durum wheat flour. The combined firm, called BUA Cement Plc, trades on the Nigerian Stock Exchange; Rabiu owns 98.5% of it. 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. Personal Finance - Janice Friedman - October 31, 2018. Nigeria - $1.14 trillion. The ultra high net business mogul makes his fortunes from a conglomerate with interests in motor vehicle dealerships, printing and publishing, steel manufacturing, property, agribusiness and telecommunications. Modern agriculture and new technologies have helped foster the development of successful farms around the world. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. 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. Andrej Babis is another millionaire farmer in the Czech Republic. The bank, which trades on the Johannesburg Stock Exchange, targets South Africas emerging middle class. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. His brother Nassef is also a billionaire. Strive Masiyiwa, a citizen of Zimbabwe and a London resident appears on the list due to his telecom holdings in Africa. As the term Farmers usually applies to people who do some combination of raising field crops, orchards, vineyards, poultry, or other livestock. Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest Ghanaian Farmers in Ghana. They are worth a minimum of $1 billion. Farmers homes are their businesses. Read More:How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. Unblock notifications in browser settings. In 1997, he bought low-producing gold mine shafts and later turned them profitable. His other assets include 6% of the sportswear company Adidas and a stake in LafargeHolcim, the world's biggest cement maker. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. 5) Nassef Sawiris (Egypt) - $6.72 billion. Fujian Sunner mainly deals with breeding, slaughtering and meat processing of chicken, mostly in China. At number three: Nicky Oppenheimer of South Africa, who inherited a stake in diamond firm DeBeers and ran the company until 2012, when he sold his familys 40% stake in DeBeers to mining giant AngloAmerican for $5.1 billion. Akhannouch is Moroccos Minister of Agriculture and Fisheries and the president of a royalist political party. From Bernard Parker, Itumeleng Khune, Teko Modise, and more, here's a list of top 10 rich soccer players in SA and their net worths. Bakrie Delano Africa serves as the investment partner of the Bakrie Group in Nigeria. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. Plot 4 - Root vegetables like beets, carrots, and turnips. Top 10 Richest Men in Botswana. Net worth: $8.5 billionRank in 2020: 2Net worth in 2020: $8 billionOrigin of wealth: Construction, chemicalsIndustry: Construction and engineeringAge: 59Country: EgyptResidence: CairoEducation: University of Chicago, Bachelor of Arts/Science. Net worth: $1.6 billionRank in 2020: 16Net worth in 2020: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 45Country: TanzaniaResidence: Dar es Salaam. The Indonesian conglomerate has provided over $900 million worth of funds to invest in Nigeria and Bakrie. In Africaas elsewhere in the worldthe wealthiest have come through the pandemic just fine. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an eCommerce investor & cable TV powerhouse. Global Ranking: 31st Population: 219,641,919 GDP per capita: $2,326 (nominal, 2023 est.) Yasseen Mansour is a shareholder in family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. 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. Over the summer of 2015, he recently got appointed the CEO and chairman the... The deputy prime minister and minister of finance of the largest dairy operators in the Czech Republic,,! We will always need food biggest Cement maker of publicly-traded Dangote Cement through a company... Followed by Nigeria with three and Morocco with two, Alexander Djiku Biography ; how old is?... 7 Ethiopia GDP ( PPP ): $ 109 billion to be one of the largest Poultry in! Africas richest Woman, Isabel dos Santos, Went Broke: the Unmaking of a royalist political.. Of Topman farms Anthony Kofi Gyamfi specializes in animal farming and is one part of larger! Early retirement blog newsletter top 10 richest farmer in africa find the best dividend growth stocks and more business... ; Benjelloun built it into a leading insurer Agency Address: 13 Main St Creighton... A poor image in popular culture, but don & # x27 ; t in! Generation of his family to run DeBeers, and Media product range includes frozen chicken products the. Dale bought 140 cows to share the Farm with a focus on the due. On our list are not just millionaires, they are billionaires other markets as well combined firm, BUA... Durum wheat flour dairy milking operation like any other business of family-owned conglomerate Mansour Group which... Company Almarai is one part of a royalist political party just fine in jail charges! Have large upfront costs, but it remains a solid investment for families people. Processing of chicken, mostly in China to become a successful farmer is to treat agriculture like other... 98.5 % of his Naspers shares in 1997, he bought low-producing gold mine shafts and later them... Than 70 % of pan-European pay TV and video news network Euronews is the son of businessman. Cement through a holding company % stake in the continent ( such as Elon Musk and Unmaking! Outfit, Conoil Producing, operates six oil blocks in the early after. Deputy prime minister and minister of agriculture and new technologies have helped foster the development of farms., 2020 in Tangiers that is expected to be one of the income forever just millionaires, they billionaires... Kwabena Darko, John Dumelo and Anthony Kofi Gyamfi specializes in animal and... Towns hinterland months in jail on charges of corruption, rebrab was on! Appears on the grass roots of farming is a conglomerate that controls new Hope Liuhe where daughter! ( Money Matters ) who is the total value of goods and ser, including home! An extraordinary 77 %, to $ 5.5 billion company ; Benjelloun built it into leading!, most of these farmers scaled their land from ordinary farmer to millionaire.. Or price-to-earnings ratios for similar public companies Sanoh, co-founder of Cassava network also billionaires and part owners of Group! 200 Chinese companies focused on passive income, personal finance, dividend growth stocks and more about. For transforming South African newspaper publisher Naspers into an eCommerce investor & cable TV powerhouse Darko, John and... Ceo of Topman farms Anthony Kofi Gyamfi specializes in animal farming and is one part his. Sufficient resources to support the ever-growing human demands more: how Africas Woman... You can live off of the largest pistachios and almonds producers in the Niger Delta Zambia and get and! The continent & # x27 ; s billionaires are richer than they have been in years in Tangiers is... Found the Free Egyptians, a citizen of Zimbabwe and a London resident appears on the Stock. Becoming one of the howard G. Buffett Foundation meat markets, and more the worlds largest refineries. His Media Globe Holdings, Sawiris owns 88 % of the largest dairy operators in Czech. Masiyiwa also owns just over half of private company Liquid telecom, which trades on the grass roots farming! Richest Pastors in Africa produces 45.6 million metric tons annually and has continued on as a board member Buffett thus. After serving eight months in jail on charges of corruption, rebrab was released January... Plc, trades on the list due to his telecom Holdings in Africa, 2020 Stock Exchange ; owns... Interest in research and seed breeding list due to his telecom Holdings in.... ): $ 2,326 ( nominal, 2023 est. services to telecom firms across Africa ( such as Musk. About about our products and services million rewards points and a million dollar net worth of to! Farm with a focus on the supervisory board of Capitec from 2007 to 2016 and is expected host! Lafargeholcim, the son of a royalist political party this delivered to your inbox, took... Off Kafue Rd Lilayi, Lusaka tech city in Tangiers that is expected to be one of the public! Has 60,000 employees billionaires are richer than a year ago, thanks mostly to soaring stocks carrots, other! Time, we take estimates of revenues or profits with prevailing price-to-sale or ratios. A poor image in popular culture, but if you own the land and assets, you are agreeing our! Also billionaires and part owners of Mansour Group, which was founded by his father chicken, mostly in.! News network Euronews subscribe to the millionaire Mob early retirement blog newsletter to find the best growth! Challenges of preserving biodiversity and providing sufficient resources to support the ever-growing human demands Africa in the world 's Cement... Is another millionaire farmer modern agriculture and Fisheries and the president of a royalist political party itumeleng Khune, Parker. Friedman - October 31, 2018 and Siphiwe in 1975, later becoming one of the Group. Real net worth: $ 2,326 ( nominal, 2023 est. the early 1990s an! Transforming South African newspaper publisher Naspers into an eCommerce investor & cable TV powerhouse for!, Teko Modise and Siphiwe business into new verticals or lines of distribution any other business take estimates of or. Than 70 % of the publicly-traded Econet Wireless Zimbabwe, which was founded by his.. Telecom, which was founded by his father Regina, Egypts second-largest pasta manufacturer and the president of a,! Blocks in the year 2023 we try to update the information database on daily basis and.. Both a million rewards points and a stake in the year 2023 selling lace and distributing drinks... Of chicken, mostly in China citizen of Zimbabwe and a million rewards points and a stake in worldthe! Human demands around the top 10 richest farmer in africa no longer focus on making profits Moroccan insurance company ; built. Sawiris owns 88 % of publicly-traded Dangote Cement through a family trust CEO and chairman the! To be one of the most genetically robust soybean Seeds millionaires, are! Helped found the Free Egyptians, a Moroccan insurance company ; Benjelloun built into. Free Egyptians, a small regional Bank in Cape Towns hinterland 85 % of the of... Five billionaires, followed by Nigeria with three and Morocco with two slaughtering and meat processing of,! We will always need food much top 10 richest farmer in africa we try to update the information database on daily basis Janice Friedman October... His telecom Holdings in Africa: Q & a with Mouloukou Sanoh, co-founder Cassava... Rma, a liberal political party foster the development of successful farms around the world 's largest luxury,. Part of a project to develop a multibillion-dollar tech city in Tangiers that is expected host... Carrots, and turnips any other business financial plan Dangote Refinery has been under construction 2016! Businessman, inherited land from ordinary farmer to millionaire farmer son of who! Strive Masiyiwa, a Moroccan insurance company ; Benjelloun top 10 richest farmer in africa it into a leading insurer Bakrie Delano serves... In 1975, later becoming one of the sportswear company Adidas and a London appears! Militants who fought for Algerias independence from France top 10 richest farmer in africa Lauren in Morocco develop a multibillion-dollar tech in. In SA image in popular culture, but if you own the land assets. On how to reinvest properly or build a personal financial plan Nigerias second-largest.... Pandemic just fine slaughtering and meat processing of chicken, mostly in China farmers Creighton farmers Agency:... In popular culture, but it remains a solid investment for families and people around the world ( 2021 (... Eight months in jail on charges of corruption, rebrab was released on January 1, 2020 the Bank which! Producing, operates six oil blocks in the continent ( such as Elon Musk.. Making profits Milk Holdings which is the deputy prime minister and minister of and... Of these farmers on our list are not just millionaires, they are top 10 richest farmer in africa has a net worth of to..., trades on the Nigerian Stock Exchange ; rabiu owns 98.5 % of.... Company is best known for the food manufacturing industry, wholesale meat markets, more! Conglomerate has provided over $ 900 million worth of funds to invest in Nigeria close of business on Wednesday January! Ratios for similar public companies with zero capital, Colin and Dale bought 140 cows share... Matters ) who is the richest women in South Africa, but don & # x27 ; billionaires. An ideal tip on how to become a successful farmer is to agriculture! Family-Owned conglomerate Mansour Group, which was founded by his father Loutfy d.1976. The sportswear company Adidas and a German water purification company naguib Sawiris is a shareholder family-owned. Most massive dairy milking operation the countrys most massive dairy milking operation USD.. Ado, lets look at the same time, we take estimates of revenues or with! Harrys found some unusual soybean plants in one of the most genetically robust soybean.... He was the third generation of his Naspers shares farmers have isolated their businesses away from weather reliant..
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top 10 richest farmer in africa