Pulse Nigeria is the most followed news and entertainment platform, informing and engaging young Nigerians round the clock, providing updates by the hour.

Pulse Nigeria

The story of African billionaires frequently emphasizes their enormous wealth, but closer inspection reveals just how relevant they are to the growth of the African economy.

Top 10 richest people in Africa mid-way into 2024 | Pulse Nigeria

Chinedu Okafor

<ul><li>Business Insider Africa presents the top 10 richest people in Africa at the start of 2024.</li><li>The list is courtesy of the Forbes real-time billionaires list.</li><li>Aliko Dangote is Africa’s richest man mid-way into the year.</li></ul>

<p>One of the key ways African billionaires contribute to the continent's economy is through large investments in a variety of industries. </p>

<p>For example, Aliko Dangote, Africa's richest man, has made major investments in sectors like cement, sugar, salt, and now energy, resulting in increased industrial growth and infrastructural development.</p>

<p><a href="https://africa.businessinsider.com/local/leaders/top-10-richest-people-in-africa-at-the-start-of-2024/rswjytr">DON'T MISS THIS: 5 Richest black billionaires in Africa 2024</a></p>

<p>For 2024 thus far this has been no different, African billionaires continue to make major contributions to the continent’s economy and by extension, increase or maintain their monetary value.</p>

<p>With that said here are the 10 richest people in Africa mid-way into 2024, compared to <a href="https://africa.businessinsider.com/local/leaders/top-10-richest-people-in-africa-at-the-start-of-2024/rswjytr">their net worths at the start of the year.</a></p>

<p>Like the previous list, this list is courtesy of the<a href="https://www.forbes.com/billionaires/"> Forbes Daily billionaires ranking</a>, which tracks daily changes to the net worth of the most high-net-worth individuals across the globe.</p>

<p>The figures below represent the net worth of the entrants as of the 3rd of June, 2024. </p>

<p>One major difference difference from the start of the year till now is the drop of Algeria's Issad Rebrab &amp; Family, who went from $4.6 billion to $2.5. They has been replaced by South Africa's Patrice Motsepe in the current top 10 list. </p>

<h3>Top 10 richest people in Africa mid-way into 2024</h3>

<table><tr><th colspan="null" rowspan="null">Rank</th><th colspan="null" rowspan="null">Name</th><th colspan="null" rowspan="null">Current net worth</th><th colspan="null" rowspan="null">Net worth at the start of the year</th><th colspan="null" rowspan="null">Country</th></tr><tr><td colspan="null" rowspan="null">1.</td><td colspan="null" rowspan="null">Aliko Dangote</td><td colspan="null" rowspan="null">$13.4 billion</td><td colspan="null" rowspan="null">$9.5 billion</td><td colspan="null" rowspan="null">Nigeria</td></tr><tr><td colspan="null" rowspan="null">2.</td><td colspan="null" rowspan="null">Johann Rupert &amp; Family</td><td colspan="null" rowspan="null">$12.2 billion</td><td colspan="null" rowspan="null">$10.3 billion</td><td colspan="null" rowspan="null">South Africa</td></tr><tr><td colspan="null" rowspan="null">3,</td><td colspan="null" rowspan="null">Nicky Oppenheimer &amp; Family</td><td colspan="null" rowspan="null">$9.5 billion</td><td colspan="null" rowspan="null">$8.3 billion</td><td colspan="null" rowspan="null">South Africa</td></tr><tr><td colspan="null" rowspan="null">4.</td><td colspan="null" rowspan="null">Nassef Sawiris</td><td colspan="null" rowspan="null">$8.8 billion</td><td colspan="null" rowspan="null">$7.4 billion</td><td colspan="null" rowspan="null">Egypt</td></tr><tr><td colspan="null" rowspan="null">5.</td><td colspan="null" rowspan="null">Nathan Kirsh</td><td colspan="null" rowspan="null">$7.2 billion</td><td colspan="null" rowspan="null">$5.8 billion</td><td colspan="null" rowspan="null">Eswatini (Swaziland)</td></tr><tr><td colspan="null" rowspan="null">6.</td><td colspan="null" rowspan="null">Mike Adenuga</td><td colspan="null" rowspan="null">$6.7 billion</td><td colspan="null" rowspan="null">$3.1 billion</td><td colspan="null" rowspan="null">Nigeria</td></tr><tr><td colspan="null" rowspan="null">7.</td><td colspan="null" rowspan="null">Abdulsamad Rabiu</td><td colspan="null" rowspan="null">$5.2 billion</td><td colspan="null" rowspan="null">$5.9 billion</td><td colspan="null" rowspan="null">Nigeria</td></tr><tr><td colspan="null" rowspan="null">8.</td><td colspan="null" rowspan="null">Naguib Sawiris</td><td colspan="null" rowspan="null">$3.8 billion</td><td colspan="null" rowspan="null">$3.3 billion</td><td colspan="null" rowspan="null">Egypt</td></tr><tr><td colspan="null" rowspan="null">9.</td><td colspan="null" rowspan="null">Mohamed Mansour</td><td colspan="null" rowspan="null">$3.3 billion</td><td colspan="null" rowspan="null">$3.6 billion</td><td colspan="null" rowspan="null">Egypt</td></tr><tr><td colspan="null" rowspan="null">10.</td><td colspan="null" rowspan="null">Patrice Motsepe</td><td colspan="null" rowspan="null">$2.7 billion</td><td colspan="null" rowspan="null">$2.7 billion</td><td colspan="null" rowspan="null">South Africa</td></tr></table>

Top 10 African billionaires on Forbes' 2024 global wealth ranking

Top 10 richest people in Africa mid-way into 2024

Pulse Picks

Business

News

Entertainment

Lifestyle

Politics

Local

Metro

World

News 

Celebrities

Music

Movies

Fashion

Beauty & Health

Relationships & Weddings

Food & Travel

Domestic

International 

Sports 

Celebrity Picks

Pulse Marketing

Explore categories

Influencer Awards

Company Pages

Breaking News & Top Stories | Pulse Nigeria

Video

Checkout our authors for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria 

Authors | Pulse Nigeria

| Pulse Nigeria

Read the latest news across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria

Search for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria

Search Results | Pulse Nigeria

Watch the latest videos across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria