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Insight & Analysis - Uncategorized - February 18, 2022

10 Private Jets Owned by African Billionaires

For Africa’s richest people, it’s status symbol and a great way to travel the world. 

The cost of owning private jets is so high that only few African billionaires can afford it have it. According to a 2018 report by Vistajet and Wealth-X, the expense of maintaining a private jet is so high that the average net worth of a private jet owner is $1.5 billion. If a businessperson has significantly less, the math just does not add up.

When it comes to splurging on private jets, African billionaires aren’t as extravagant as their overseas counterparts, such as Prince Alwaleed Bin Talal Alsaud or Roman Abramovich, spend hundreds of millions of dollars flying planes. Africa’s wealthiest people are a little more restrained in their flamboyance, but they’re doing just fine. 

While owning private jets may be the ultimate status symbol for Africa’s wealthiest, high-powered African billionaires and executives may find that having a private plane for quick and easy travel is valuable. 

Here are 10 private jets owned by African billionaires.

Nassef Sawiris, Egyptian 

Gulfstream G650

private jets african billionaires
Source: Business Airport International

 

Nassef Sawiris, Egypt’s wealthiest billionaire and a descendant of the famed Sawiris dynasty, owns a Gulfstream G650 plane. Sawiris was formerly a major shareholder in Signature Aviation, a British multinational aviation services firm.

Mike Adenuga, Nigerian

Bombardier Global Express XRS 

Source: Jetcraft

 

In a Bombardier Global Express XRS, the secretive Nigerian oil billionaire, who owns Globacom and Conoil Producing, flies across the world. Mike Adenuga also owns a Challenger 604 Bombardier.

Mahamadou Bonkoungou, Burkinabe 

Dassault Falcon FX 

 

private jets african billionaires
Source: Royal Austrilain Air Force

Mahamadou Bonkoungou, one of Burkina Faso’s wealthiest individuals, is the owner of a private jet charter company that has a long list of devoted clientele among Francophone Africa’s political heavyweights. Bonkoungou, in his Dassault Falcon FX, travels across Africa.

Anas Sefrioui, Moroccan

Cessna Sovereign 680

 

private jets african billionaires
Source: Wikimedia Commons

Anas Sefrioui, the president of the Addoha real estate business and a Moroccan real estate entrepreneur, owns a Cessna Sovereign 680 that can seat up to 12 people.

Aliko Dangote, Nigerian

Bombardier Global Express XRS 

private jets african billionaires
Source: Jetcraft

 

Aliko Dangote, Africa’s richest billionaire, has acquired a fleet of commercial aircraft over the years. He now primarily uses his Bombardier Global Express XRS to go around the world.

Nicky Oppenheimer, South African

Global Bombardier 6500

 

Source: Aviation International News

In 2014, Nicky Oppenheimer, the South African billionaire heir to the DeBeers diamond fortune, founded Fireblade Aviation, a private jet charter company that uses several of his personal aircraft, including a Global 6500 and two Challenger 350. He travels on the Global 6500, around the world.

Humphrey Kariuki, Kenyan

Bombardier Challenger 350

private jets african billionaires
Source: Wikipedia

 

A Bombardier Challenger 350 belongs to Humphrey Kariuki, a fiercely private Kenyan entrepreneur with enterprises in alcohol manufacturing, oil distribution, renewable energy, hotel, and real estate.

Aziz Akhannouch, Moroccan

 

private jets african billionaires
Source: Jetcraft

Aziz Akhannouch, the majority owner of Akwa Group, one of Morocco’s largest corporations, prefers to travel in his Falcon 900EX, which he reportedly purchased for $25 million in 2019.

Morocco’s King Mohammed VI just nominated billionaire Akhannouch, the leader of the National Rally of Moroccan Independents, as the country’s next prime minister.

Folorunsho Alakija, Nigerian

Bombardier Global Express XRS 

private jets african billionaires
Source: Air Charter Service

 

Folorunsho Alakija, Nigeria’s wealthiest woman and vice-chairman of Famfa Oil, which controls one of the country’s most productive oil blocks, owns a Bombardier Global Express XRS with the registration number “VP-CEO.”

Johann Rupert, South Africa

Bombardier Global 6000

 

Johann Rupert, a South African millionaire, is the chairman of Compagnie Financiere Richemont, a Swiss luxury goods company best known for the Cartier and Montblanc brands. He has a Bombardier Global 6000 and is very proud of it.

 

READ MORE: 5 Lessons from African Billionaires that’d Change your Business Forever

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