Billionaires

Abdul Samad Rabiu, the founder and chairman of BUA Group, has surged past South African billionaire Johann Rupert to claim the title of Africa’s second-richest individual. According to the Bloomberg Billionaires Index (BBI), Rabiu’s remarkable rise in wealth this year has placed him among Africa’s wealthiest, with a net worth…

Abdul Samad Rabiu is now Africa’s second-richest person. His net worth stands at $15.8 billion, according to Forbes real-time rankings. He trails only Aliko Dangote, but the gap is narrowing. The story is not just about money. It is about how he built it. Rabiu did not build his fortune…

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…