Billionaires

Four months into 2026, Abdulsamad Rabiu has added more wealth than any other billionaire on the African continent.  His net worth now stands at $15.9 billion, a year-to-date gain of $5.78 billion that has repositioned him on Africa’s wealth rankings and placed him within striking distance of a milestone no…

Johann Rupert, Africa’s second-richest man, has made his final exit from FirstRand, one of the continent’s biggest banking groups. In March 2026, his investment company, Remgro, sold its remaining 39.6 million FirstRand shares for R3.6 billion, about $218.5 million. This ended Remgro’s long relationship with the bank behind FNB, RMB,…

Aliko Dangote, Africa’s richest man, continues to see his wealth surge in 2026, with his net worth reaching an impressive $33.2 billion.  This rise in wealth is largely attributed to the significant growth in Nigeria’s petroleum sector, especially through the success of the Dangote Petroleum Refinery. Dangote’s refinery is not…

Governments are supposed to run countries. But in several nations around the world, a small number of billionaires have accumulated so much wealth, so much control over key industries, and so much political access that they can quietly shape decisions that were once reserved for elected leaders. No billionaire holds…

Africa’s billionaires are collectively worth $126.7 billion as of March 2026, up 21% from 2025, helped by a rally in equity markets across the continent and improving currency stability.  That represents more than $20 billion added to their collective fortunes in just one year, a record gain driven by surging…