In a notable shift in Africa's wealth landscape, South African business tycoon Johann Rupert and his family have claimed the top spot as the continent's richest individuals, dethroning the long-serving leader, Aliko Dangote from Nigeria. As of January 1, 2024, the Forbes real-time billionaires list provides insights into the financial prowess of these elite individuals who significantly influence diverse industries, contributing to economic growth and shaping Africa's future.


Here are the top 10 richest individuals in Africa as of January 1, 2024:


1. Johann Rupert & Family - $10.3 billion (South Africa, Luxury goods)

2. Aliko Dangote - $9.5 billion (Nigeria, Cement, Sugar)

3. Nicky Oppenheimer & Family - $8.3 billion (South Africa, Diamonds)

4. Nassef Sawiris - $7.4 billion (Egypt, Construction and investments)

5. Abdulsamad Rabiu - $5.9 billion (Nigeria, Cement, Sugar)

6. Nathan Kirsh - $5.8 billion (Eswatini, Retail, Real estate)

7. Issad Rebrab & Family - $4.6 billion (Algeria, Food)

8. Mohamed Mansour - $3.6 billion (Egypt, Diversified)

9. Naguib Sawiris - $3.3 billion (Egypt, Telecom)

10. Mike Adenuga - $3.1 billion (Nigeria, Telecom, Oil)


These influential figures not only aim to expand their wealth but also play a crucial role in fostering economic growth. By strategically directing their resources, they contribute to Africa's path toward a more sustainable and inclusive future.

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