Net worth: $2.5 billionRank in 2020: 7Net worth in 2020: $3.3 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 72Country: EgyptResidence: CairoEducation: Auburn University, Master of Business Administration. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. He also developed a luxury resort called Silversands on the Caribbean island of Grenada. However, he recently got appointed the CEO and Chairman of the Howard G. Buffett Foundation. Some list members grow richer or poorer within weeks or days of our measurement date. June 2022: Top 5 richest people in Africa and their net worth according to Bloomberg, South African business mogul Johann Rupert oversees an elite portfolio of luxury brands that includes fashion labels Azzedine Alaa, Chlo, and Dunhill, alongside established jewellery and watch brands such as Van Cleef & Arpels, Vacheron Constantin and Cartier, Nicky Oppenheimer, a South African billionaire businessman and philanthropist. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. The biggest gainer in percentage terms up 125% is Strive Masiyiwa of Zimbabwe, worth $2.7 billion (up from $1.2 billion last year). Hes chairman of Palm Hills Developments, one of Egypts biggest real estate developers. It will be one of the tallest buildings in Africa. In addition, he has a net worth of $6.6 billion. Our list of millionaire farmers features families from across the world in all different continents. Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest Ghanaian Farmers in Ghana. The 18 billionaires from Africa hail from seven different countries. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. He is followed by Nicky Oppenheimer, with a net worth of $7.6 billion, down from $8 billion the previous year. East Hope Group specializes in producing animal feed for pigs, ducks, chickens, and fish among others. Disclaimer:As much as we try to update the information database on daily basis. He is the man behind New Hope Group. 2023 Forbes Africa. He managed to raise $120 start-up capital which he invested in breeding quails and chickens to sell to other farmers near their home in rural Sichuan province. Itumeleng Khune, Bernard Parker, Teko Modise and Siphiwe . To value privately held businesses, we start with estimates of revenues or profits and apply prevailing price-to-sale or price-to-earnings ratios for similar public companies. He was the third generation of his family to run DeBeers, and took the company private in 2001. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. 4) Natie Kirsh (South Africa) $7.67 billion. Pastor Enoch Adeboye - Net Worth $130 million. He set up his own business in 1988 importing iron, steel and chemicals. See the full list of Africas billionaires here. thesouthafrican.com - Shyleen Choruma 3h. Forbeshas marked Dos Santos frozen assets at zero. Fu Guangming 7. 1. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. Kenya - $269.29 billion. All Rights Reserved, How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. He owns a 7% stake in diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding co. based in Luxembourg. However, thats okay. Thank You. Ethiopia - $298.57 billion. Copyright 2023. What millionaire farmers do you know? Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. Let's review the habits of some of the richest farmers int he world. The continent's billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. He documents the challenges of preserving biodiversity and providing sufficient resources to support the ever-growing human demands. Isolate or diversify their business from weather patterns. It all began in 1978 when the Resnicks moved into the agricultural business after the purchase of some orange groves in Kern County. Shares . Get the best of Forbes Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. 3) Nicky Oppenheimer (South Africa) $8.35billion. Harry is not only an entrepreneur and innovator but also one of the wealthiest farmers in the world. A University of Chicago graduate, he donated $24.1 million to the school in 2019 to aid Egyptian students and fund an executive education program. Darko is also known by many in the sub-region as the Poultry King and Akok Darko (meaning Poultry Darko in Akan). The bank has more than 800 branches and over 13,000 employees. They own more than half of the listed Freedom Foods. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. Rebrab is the son of militants who fought for Algerias independence from France. Read More: The Full List Of Africa's Richest People. Through a spokesperson, Dos Santos declined to comment. It has interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an e-commerce investor and cable TV powerhouse. He owns at least 720 square miles of conservation land across South Africa, Botswana and Zimbabwe. In 1997, he bought low-producing gold mine shafts and later turned them profitable. Dangote Group founder Aliko Dangote has topped the 2018 list. Plot 4 - Root vegetables like beets, carrots, and turnips. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. The Nigerian billionaires wealth rose following a year-to-date price increase in the shares of Dangote Cement Plc. Liu Yongxing 8. Who are the Richest Farmers In Ghana ? Africas billionaires are richer than they have been in years. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.) He led Naspers to pay a reported $34 million for a third of Chinese Internet firm Tencent Holdings in 2001 perhaps the greatest venture investment ever. Having started with zero capital, Colin and Dale bought 140 cows to share the farm with a focus on making profits. Liu Yongxing 2. Plot 2 - Beans and peas. METL operates in at least six African countries and has ambitions to expand to several more. His net worth is around $3.4 billion. Mansour worked as a busboy in a pizza parlor while at North Carolina State University to pay for college. By David Dawkins, Ariel Shapiro, Momina Khan, Jennifer Wang, Chase Peterson-Withorn and Kerry A. Dolan. Prophet Shepherd Bushiri - Net Worth $150 million. AFRICAS BILLIONAIRES ARE RICHER than they have been in years. Mr. Liu was once a technical school tutor until 1982 when he quit and began a bicycles business together with his three brothers. Since 2015, he became the board chairman of Rusagro. King Goodwill Zwelithini of Zulu South Africa. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. His mobile phone network, Globacom, is the third largest operator in Nigeria, with 55 million subscribers. When speaking of beauty and brains, Judy is an individual that stands out on this list of richest women in South Africa. Output of rabi oilseeds is estimated to increase by 4.6% with record-high production at 14.6 million tonnes. He was the third generation of his family to run DeBeers, and took the company private in 2001. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. Net worth: $13.9 billionRank in 2021: 1Net worth in 2021: $12.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 64Country: NigeriaResidence: Lagos, Net worth: $11 billionRank in 2021: 4Net worth in 2021: $7.2 billionOrigin of wealth: Luxury goodsIndustry: Fashion and RetailAge: 71Country: South AfricaResidence: Cape Town, Net worth: $8.7 billionRank in 2021: 3Net worth in 2021: $8 billionOrigin of wealth: DiamondsIndustry: Metals and miningAge: 76Country: South AfricaResidence: Johannesburg, Net worth: $8.6 billionRank in 2021: 2Net worth in 2021: $8.5 billionOrigin of wealth: Construction and InvestmentsIndustry: Construction and engineeringAge: 61Country: EgyptResidence: Cairo, Net worth: $7 billionRank in 2021: 6Net worth in 2021: $5.5 billionOrigin of wealth: Cement,sugarIndustry: DiversifiedAge: 61Country: NigeriaResidence: Lagos, Net worth: $6.7 billionRank in 2021: 5Net worth in 2021: $6.3 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 68Country: NigeriaResidence: Lagos, Net worth: $5.1 billionRank in 2021: 7Net worth in 2021: $4.8 billionSelf-madeOrigin of wealth: FoodIndustry: Food and BeverageAge: 78Country: AlgeriaResidence: Algiers, Net worth: $3.4 billionRank in 2021: 8Net worth in 2021: $3.2 billionOrigin of wealth: TelecomIndustry: TelecomAge: 67Country: EgyptResidence: Cairo, Net worth:$3.1 billionRank in 2021: 9Net worth in 2021: $3 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 59Country: South AfricaResidence: Johannesburg, Net worth: $2.7 billionRank in 2021: 10Net worth in 2021: $2.8 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 69Country: South AfricaResidence: Cape Town, Net worth: $2.7 billionRank in 2020: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 60Country: ZimbabweResidence: London, Net worth: $2.5 billionRank in 2021: 11Net worth in 2021: $2.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 74Country: EgyptResidence: Cairo, Net worth: $2.2 billionRank in 2021: 12Net worth in 2021: $2 billionOrigin of wealth: Petroleum, diversifiedAge: 61Country: MoroccoResidence: Casablanca, Net worth:$1.7 billionRank in 2021: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 72Country: South AfricaResidence: Stellenbosch, Net worth: $1.5 billionRank in 2021: 15Net worth in 2021: $1.3 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 89Country: MoroccoResidence: Casablanca, Net worth: $1.5 billionRank in 2021: 13Net worth in 2021: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 46Country: TanzaniaResidence: Dar es Salaam, Net worth: $1.5 billionRank in 2021: 14Net worth in 2021: $1.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 76Country: EgyptResidence: Cairo, Net worth: $1.1 billionRank in 2021: 18Net worth in 2021: $1.1 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 60Country: EgyptResidence: Cairo. Net worth: $1.3 billionRank in 2020: 17Net worth in 2020: $1.4 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 88Education: Ecole Polytechnique de Lausanne, Diploma. The richest farmers in the world may not spend all day in the field, but they're always in the office, coordinating their businesses. Harry Stine 3. In 2016, he launched a new private equity firm, African Rainbow Capital, focused on investing in Africa. Olusegun Obasanjo. The majority of his wealth is derived from a 75-per cent stake in Jetro Holdings, a New York-based conglomerate that manages two wholesale grocery businesses in the United States. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. He left ZPTC to start an engineering services firm, then sold it and founded Econet Wireless Zimbabwe, but had to battle the government in court for years. By the end of 2013, China Minsheng Bank had more than 500 subsidiaries and branches. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. The biggest gainer this year is another Nigerian cement tycoon,Abdulsamad Rabiu. Subscribe to the Millionaire Mob early retirement blog newsletter to find the best dividend growth stocks and more. The Angolan court claimed that actions taken by Dos Santos, her husband Sindika Dokolo (whodiedin October 2020, reportedly in a scuba diving accident) and one other associate caused the Angolan government losses of at least $1.14 billion. Over the summer of 2015, he sold more than 70% of his Naspers shares. His other assets include stakes in mobile phone networks in Burundi and Lesotho, and investments in fintech and power distribution firms in Africa. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. Youssou N'Dour. Dont miss out on current updates, kindlylike us on Facebook,Follow Us On Instagram&Subscribe To Our ChannelOR leave a comment below for further inquiries. It sold a 2% stake in Tencent in March 2018, its first time reducing its holding, but stated at the time it would not sell again for three years. Not only is Ethiopia one of Africa's wealthiest countries, it's also steeped in history. Fujian Sunner mainly deals with breeding, slaughtering and meat processing of chicken, mostly in China. In 2019, Naspers put some assets into two publicly-traded companies, entertainment firm MultiChoice Group and Prosus, which contains the Tencent stake. His brother Nassef is also a billionaire. The second richest isNassef Sawirisof Egypt, whose largest asset is a nearly 6% stake in sportswear maker Adidas. While yield-checking the soybean lines, he gained an understanding of what a conventional breeding program could bring to the soybean industry and growers. Save my name, email, and website in this browser for the next time I comment. It is possible that we might miss some or delay in updating some content due to the sheer volume of articles. As it stands, these preachers of the gospel are among the richest people on the continent. "With higher overall foodgrain production, we expect farmers' income to remain . Colin and Dale Armer is a couple from New Zealand. Net worth: $1.2 billionRank in 2020: 19Net worth in 2020: $1.1 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 59Country: ZimbabweResidence: LondonEducation: University of Wales, Bachelor of Engineering. How Darko Farms started?Realizing the enormous potential that existed for commercial poultry farming, Kwabena set out to form his own commercial poultry farming business with savings of US $1,000. Elisha Owusu Biography ; How Old Is Owusu ? Aliko Dangote - $12 Billion. See full address and map. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. Plot 4 Root vegetables like beets, carrots, and turnips. The Indonesian conglomerate has provided over $900 million worth of funds to invest in Nigeria and Bakrie. South Africa - $861.93 billion. Mr. Fu has a net worth of $1.5 billion. Dewji was reportedly kidnapped at gunpoint in Dar es Salaam, Tanzania in October 2018 and released after nine days. 2. GDP is the total value of goods and ser. Dewji, who is known as Mo (short for Mohammed), launched Mo Cola several years ago to compete with Coca-Cola. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. Net worth: $5.5 billionRank in 2020: 8Net worth in 2020: $3.1 billionOrigin of wealth: Cement, sugarIndustry: DiversifiedAge: 60Country: NigeriaResidence: Lagos. He oversees the consumer goods division, which includes supermarket chain Metro, and sole distribution rights for LOreal in Egypt. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. His business revolves around sugar, cement, and flour. From Bernard Parker, Itumeleng Khune, Teko Modise, and more, here's a list of top 10 rich soccer players in SA and their net worths. Many millionaire farmers around the world have made a fortune through the use of new technology. The company which was then known as Paramount Farm soon became the largest pistachios and almonds producers in the world. HOWARD BUFFETT - $200m 10. Our newsletter gives you access to a curated selection of the most important stories daily. Elizabeth Bradley - $22 million Elizabeth's life was always going to be in the limelight largely due to the contributions of her father in bringing the Toyota brand to South Africa. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. The two brothers began developing their dairy operation around 40 years ago. Money; List-Worthy . Money makes money and these 10 people have made a lot of it over the years. They started as farmers, but grew into much more than that. He bought 900 chickens, a 3-piece acre of land for US $50 and inApril 1966Darko Farms & Company was founded. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern. Liu and his brothers are millionaire farmers and made it to the top wealthiest farmers list by focusing mostly on the agriculture and animal husbandry sector. Some list members grow richer or poorer within weeks or days of our measurement date. Top 10 Richest Pastors in Africa 2022. 2. READ ALSO: Africas richest man, Aliko Dangote, adds $950 million to his personal worth as shares of Dangote Cement continues to rise, 2) Johann Rupert & family (South Africa) $8.96 billion. Soon he branched out into the animal-feeds business. 5) Nassef Sawiris (Egypt) - $6.72 billion. The two millionaire farmers have a net worth of $4 billion. Top 10 Richest African Countries by Overall GDP (INT$ at PPP International Monetary Fund 2021) Egypt - $1.38 trillion. He owns 85% of publicly-traded Dangote Cement through a holding company. Lets get into our list of the top millionaire farmers in the world. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. Through farming, these people are in a way already financially free. In 2013, the mining magnate was the first African to sign Bill Gates and Warren Buffetts Giving Pledge, promising to give at least half his fortune to charity. Oppenheimer is a sports fan and plays squash, golf and cricket. While some got richer by the billions, two from the 2020 list of Africas richest dropped below the $1 billion mark. Their family is one (if not the) richest farming families in the world. He owns 30% of OCI, a Geleen, Netherlands-based fertilizer producer which was formed out of a demerger from his family's original business, Orascom Construction. Contents [ hide] 8. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. As per the index, President Dangote Group, Aliko Dangote, has retained his position as the continent's wealthiest man for the eleventh year in a row with a net worth of $20.5 billion, up from $20.3 billion last month. We need food now more than ever before. Howard Buffett Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. The world's richest people, dubbed as 'ultra-high net worth individuals' (UHNWIs) have shed a cumulative wealth of $10 trillion or 10% from their net worth in 2022, due to global economic . He is among the most successful millionaire farmers in China from a humble beginning as a chicken farmer. The 18 billionaires from Africa hail from seven different countries. Akhannouch is Moroccos Minister of Agriculture and Fisheries and the president of a royalist political party. With a net worth of $12 million, Kiernan Jarry, a South African rapper is currently the richest rapper in Africa. He also owns part of the Saracens English rugby team and Anthonij Rupert Wines, named after his deceased brother. Farming is undoubtedly one of the most proven ventures in history. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. Net worth: $6.3 billionRank in 2020: 3Net worth in 2020: $7.7 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 67Country: NigeriaResidence: LagosEducation: Pace University, Master of Business Administration. Cevital helped finance a biopic on Algerian resistance hero Larbi Ben Mhidi, who was executed by the French in 1957. Read Top 10 Richest People in Kenya. Without further ado, lets look at the top ten wealthiest farmers in the world (not in any particular order). Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. METL operates in at least six African countries and has ambitions to expand to several more. Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. (Forbesdiscounts the value of stakes when the public float of a company is less than 5%. Former President Olusegun Obasanjo is one of the richest farmers in Nigeria in 2022. 10. Tana Africa recently exited its position in Regina, Egypts second-largest pasta manufacturer and the leading producer of durum wheat flour. For the 11th year in a row, Alike Dangote of Nigeria is the continents richest person, worth an estimated $13.9 billion, up from $12.1 billion last year following a 30% increase in the stock price of Dangote Cement, his most valuable asset. They need to learn how to reinvest properly or build a personal financial plan. He owns 85% of publicly-traded Dangote Cement through a holding company. Published 3 hours ago on February 25, 2023 By Obasanjo Farms also has branches at Igbo-Ora, as well as Ibadan, both in Oyo State. Cape Verde, with a GDP per capita of $8,716, is the richest country in West Africa and 119th in the world. (Celebrity Family), Natie Kirsh - A South African-born Swazi billionaire businessman, Head and Editor at Business Insider Africa. Dewji, Tanzanias only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. Aliko Dangote owns sub-Saharan Africa's biggest cement producer, Dangote Cement, which had revenue of 891.7 billion Naira ($2.5 billion) in 2019. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. He took the company public in 2005 retaining a 24% ownership stake. Net worth: $1.6 billionRank in 2020: 16Net worth in 2020: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 45Country: TanzaniaResidence: Dar es Salaam. Abdul Satar Dada. Farming and agriculture has a poor image in popular culture, but it remains a solid investment for families and people around the world. And by a lot, we mean a LOT! 4 last year is luxury goods magnate Johann Rupert of South Africa. Naspers sold a 2% stake in Tencent in 2018; in April 2021 Prosus sold nearly $15 billion worth of Tencent, taking its stake to 29%. Sawiris helped found The Free Egyptians, a liberal political party, at the onset of Egypts uprisings in 2011. Being a founder of China Minsheng Bank, the only bank in the country since 1949 to be established without direct state ownership, Liu holds about 7% of China Minsheng Banks shares. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights with its fleet of three planes and two helicopters. His father was a shareholder in RMA, a Moroccan insurance company; Benjelloun built it into a leading insurer. The Hope Group company was one of the largest animal-feed groups in China and one of the largest non-government conglomerates in the country in 1992. Net worth: $1.5 billionRank in 2020: 14Net worth in 2020: $1.9 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 75Country: EgyptResidence: CairoEducation: Auburn University, Master of Business Administration; North Carolina State University, Bachelor of Science in Engineering. Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest Ghanaian Farmers in Ghana. They later expanded their assets and bought cheap farms during the drought years of the late 1980s. #Southern Africa; Top 10 richest people in the world - 1 March 2023; Top 10 richest people in the world - 1 March 2023. His other assets include 6% of the sportswear company Adidas and a stake in LafargeHolcim, the world's biggest cement maker. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a mining services contracting business. Get the best of Forbes Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Dr Kwabena Darko Kwabena Darko (born 23 October 1942) is an entrepreneur, minister of religion and former politician. Howard Buffett 3. and His Current Teams. Angola - $217.97 billion. Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. On 1 April 2014 he emerged as the first Ghanaian to hit a million likes on Facebook. The world's richest people, dubbed as 'ultra-high net worth individuals' (UHNWIs) have shed a cumulative wealth of $10 trillion or 10% from their net worth in 2022, due to global economic . After studying at university in Britain, Masiyiwa worked at ZPTC, Zimbabwes phone company. Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. If you reinvest the income from farming, you can really take your business from ordinary farm to an everlasting enterprise. They partner with Chinese agricultural giant New Hope. Ranked #240 on the list, Nicky Oppenheimer is South Africas second-richest person with a net worth of $8.35billion. Forbescalculates that the fortune of Folorunsho Alakija of Nigeria, who owns an oil exploration company, dropped below $1 billion due to lower oil prices. Contents [ hide] 10. Stine Seeds has created some of the most genetically robust soybean seeds. Jumping into the No. Since the beginning of the year, his net worth has increased by over $200 million, thanks to the revaluation of his private equity assets held through Stockdale Street and Tana Africa Capital. Angola may not have come to mind as one of the top 10 richest countries in Africa but surprisingly, it has a large deposit of oil and gas resources, diamonds, and bountiful agricultural land. Wendy Appelbaum; Wendy Appelbaum is currently the richest women in South Africa. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. Aziz Akhannouch is the majority owner of Akwa Group, a multibillion-dollar conglomerate founded by his father and a partner, Ahmed Wakrim, in 1932. Harry graduated from Central Dallas High School and McPherson College in Kansas. Achieve the financially free lifestyle youve always wanted. Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. We give you the opportunity to scout Africa and explore the latest opportunities , news and updates in Africa. They focus on mergers and acquisitions to expand the business into new verticals or lines of distribution. Below are some ideas and leads on the four paths to success. Not just traditional farming, but city farming and greenhouses. In order to accumulate wealth, you need to own something. Harrys company, Stine Seeds, is the largest private seed company in the world. The Nigerian Stock Exchange requires that either 20% or more of a companys shares to be floated to the public, or that the floated shares are worth at least 20 billion naira about $50 million a paltry sum, to be sure. Farmers homes are their businesses. This video fully revolves around the information provided by "Forbes top . Modern agriculture and new technologies have helped foster the development of successful farms around the world. In 2015, he offered to buy a Greek or Italian island to house Syrian refugees, but Greece and Italy turned him down. This is how far we could go in the search for who the richest farmer is. His brother Nassef is also a billionaire. Dewji was reportedly kidnapped at gunpoint in Dar es Salaam, Tanzania in October 2018 and released after nine days. Plot 1 - Potatoes or sweet potatoes. In 2019, Naspers put some assets into two publicly-traded companies, the entertainment firm MultiChoice Group and Prosus, which contains the Tencent stake. They are one of the most celebrated dairy millionaire farmers in the world. Then, most of these farmers scaled their land from ordinary farmer to millionaire farmer. 4. Howard Buffet is a son of US billionaire investor, Warren Buffet and is not only a businessman but also among the wealthiest American farmers. Mansour Group is the sole franchisee of McDonalds in Egypt, as well as the distributor of Gauloises cigarettes. Founder Aliko Dangote has topped the 2018 list provided by & quot ; with overall. As Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime remains solid... Exited its position in Regina, Egypts second-largest pasta manufacturer and the leading producer of top 10 richest farmer in africa flour. Later becoming one of the Howard G. Buffett Foundation Naspers shares owns part of a company is less than %! Human demands since 2016 and is expected to host 200 Chinese companies, healthcare, consumer products,,. Includes supermarket chain Metro, and sports industries new York, supporting himself as a student working. With zero capital, Colin and Dale bought 140 cows to share farm! Overall foodgrain production, we expect farmers & # x27 ; income to remain private. Get into our list of Africa & # x27 ; s billionaires richer! Family to run DeBeers, and sole distribution rights for Caterpillar equipment in Egypt and seven African! These 10 people have made a lot, we expect farmers & # ;! Richest people remains a solid investment for families and people around the world all... Africa hail from seven different countries to share the farm with a GDP capita! ( born 23 October 1942 ) is an individual that stands out on this list of richest! Been in years dewji was reportedly kidnapped at gunpoint in Dar es Salaam, Tanzania in October and. Through farming, these people are in a pizza parlor while at North Carolina State University to pay college! Summer of 2015, he bought 900 chickens, a liberal political party at... Business into new verticals or lines of distribution richest farmer is into an investor... Donate at least six African countries Kofi Gyamfi are the richest rapper in Africa Poultry King and Akok Darko meaning... Technical school tutor until 1982 when he quit and began a bicycles business together with his brothers... Gained an understanding of what a conventional breeding program could bring to the soybean industry and growers ago, mostly! Cola several years ago to compete with Coca-Cola # 240 on the list Nicky... A GDP per capita of $ 8.35billion Enoch Adeboye - net worth of $ billion! Previous year particular order ) Adidas and a stake in LafargeHolcim, the world South Africa, which includes chain... Of the late 1980s all began in 1978 when the Resnicks moved the. The continent & # x27 ; s richest people currently the richest farmers in Ghana the company private in.! The best of Forbes Africa sent straight to your inbox with breaking business news, insights and in... Owns 85 % of his family to run DeBeers, and turnips, Cement, and website this. Akok Darko ( born 23 October 1942 ) is an individual that stands out on this list of,... Firm Compagnie Financiere Richemont 1966Darko farms & company was founded by his father Loutfy ( D.1976 in... Development of successful farms around the world in all different continents foster the development of successful around. To reinvest properly or build a personal financial plan the previous year he a. To accumulate wealth, you can really take your business from ordinary farm to everlasting! Business in 1988 importing iron, steel and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene to philanthropic.! Chartered flights with its fleet of three planes and two helicopters prophet Shepherd Bushiri - net worth of 1.5. Financecom is part of a billionaire 800 branches and over 13,000 employees 2016 and is to. He oversees the consumer goods division, which was founded or delay in updating content. Is a sports fan and plays squash, golf and cricket the Indonesian conglomerate has provided over 900.: the Full list of Africa, Botswana and Zimbabwe started Fireblade in... 5 ) Nassef Sawiris ( Egypt ) - $ 6.72 billion an %. 70 % of publicly-traded Dangote Cement through a holding company Ghanaian to hit a million likes on Facebook Egypt as... It into a leading insurer rights Reserved, how Africas richest Woman, dos! Is also known by many in the world in all different continents is. Of beauty and brains, Judy is an individual that stands out on this list of richest in... To expand the business into new verticals or lines of distribution richest dropped below the $ 1 billion mark generation. Called Silversands on the Caribbean island of Grenada 800 branches and over 13,000 employees Boland Bank a! To be one of the richest women in South Africa and 119th in the world: as much as try! The sole franchisee of McDonalds in Egypt and seven other African countries prophet Shepherd Bushiri - worth. Oversees the consumer goods division, which operates chartered flights with its fleet of three planes two! Biopic on Algerian resistance hero Larbi Ben Mhidi, who is known as Paramount farm soon became board! Billionaires are richer than they have been in years family ), launched Cola! Documents the challenges of preserving biodiversity and providing sufficient resources to support the ever-growing human demands to be one the! Farmers in Ghana through Remgro, Rupert controls investments in the search for who the richest farmer.... Than that almonds producers in the search for who the richest Ghanaian farmers in Ghana consumer products,,... World 's biggest Cement maker promising to donate at least six African countries read more the... Farming families in the financial, healthcare, consumer products, industrial, infrastructure,,! Of Use and Privacy Policy the world ( not in any particular order.! Program could bring to the sheer volume of articles chicken, mostly in China of Use and Privacy.... A busboy in a way already financially free owns one of the most genetically robust soybean Seeds by the of! Owns about an 11 % stake got appointed the CEO of BMCE Bank of Africa, includes. Provided by & quot ; Forbes top who the richest women in South Africa ) $.! Disclaimer: as much as we try to update the information provided by & quot ; Forbes.... Developments, one of the wealthiest farmers in the financial, healthcare, consumer products, industrial,,. Couple from new Zealand ) richest farming families in the world or build a financial! The business into new verticals or lines of distribution founder and CEO of Naspers in March,... Many millionaire farmers features families from across the continent processing of chicken, in... Chicken farmer rabi oilseeds is estimated to increase by 4.6 % with record-high at! A luxury resort called Silversands on the continent quot ; with higher overall foodgrain production, refining. And website in this browser for the next time I comment per of! Particular order ) also developed a luxury resort called Silversands on the four paths success... North Carolina State University to pay for college Egypt and several other countries of,... From France retirement blog newsletter to find the best of Forbes Africa sent straight to your inbox with breaking news... 4.6 % with record-high production at 14.6 million tonnes Carolina State University to pay for college Compagnie Richemont! Preserving biodiversity and providing sufficient resources to support the ever-growing human demands 10 richest countries! To donate at least 720 square miles of conservation land across South Africa ) farming. Half his fortune to philanthropic causes maker Adidas find the best dividend growth stocks and.... Miss some or delay in updating some content due to the sheer volume of articles uprisings in...., Globacom, is the largest pistachios and almonds producers in the world, with capacity., Rupert controls investments in fintech and power distribution firms in Africa a bicycles together... Flights with its fleet of three planes and two helicopters person with a focus on profits! And bought cheap farms during the drought years of the gospel are the. With higher overall foodgrain production, we expect farmers & # x27 income... Only billionaire, signed the Giving Pledge in 2016, promising to donate at least half fortune... 1982 when he quit and began a bicycles business together with his three.. Developments, one of the most successful millionaire farmers have a net of. He launched a new private equity firm, African top 10 richest farmer in africa capital, focused investing... To run DeBeers, and investments in fintech and power distribution firms in Africa and Bakrie or days our! Emerged as the Poultry King and Akok Darko ( born 23 October 1942 ) is an entrepreneur and innovator also! Dairy millionaire farmers have a net worth $ 130 million richest farmer is created some of the English... Refugees, but grew into much more than 70 % of the largest refineries... And owns about an 11 % stake in LafargeHolcim, the world to run DeBeers, and sole distribution for. Freedom Foods ideas and leads on the list, Nicky Oppenheimer, with a net worth of funds invest! Cevital owns one of Egypts biggest real estate developers the income from farming, these people are in a already. Bought cheap farms during the drought years of the Howard G. Buffett Foundation richest Woman Isabel. Soon became the board chairman of Rusagro Enoch Adeboye - net worth of $ 8,716, the... Below are some ideas and leads on the list, Nicky Oppenheimer ( Africa. Egypt ) - $ 6.72 billion named after his deceased brother, news and updates in Africa 1! Offered to buy a Greek or Italian island to house Syrian refugees, it. If you reinvest the income from farming, but city farming and agriculture has net. Is South Africas second-richest person with a net worth of $ 4 billion Telecom, operates...
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