World

The Richest People in Africa

The African continent is home to 46 billionaires, the second-lowest total of any global region.

However, as Visual Capitalists Pallavi Rao and Bhabna Banerjee detail below, the number of wealthy individuals in Africa is growing. Total private wealth is expected to rise 30% over the next decade, led by growth in the billionaire and millionaire segments.

Visualised here are Africa’s richest, using data collected by Forbes, on billionaires who reside on the continent and have their primary business there.

The top three – Alike Dangote, Johann Rupert, and Nicky Oppenheimer – account for 40% of the total wealth of those ranked.

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