Here are the five richest men in Africa, according to their Net Worth
1. Folorunsho Alakija
Folorunsho Alakija is the richest woman in Africa and the founder of Famfa Oil, a Nigerian oil exploration company. She’s also a philanthropist and the vice chair of the Rose of Sharon Foundation, a non-profit organization that helps widows and orphans. Alakija is known for her success in business and her commitment to giving back to her community. She’s definitely an inspiration to women everywhere!
Folorunsho Alakija was born into a wealthy Nigerian family and educated in the United Kingdom. She started her career as a secretary, but she later became interested in fashion and started a clothing label called Supreme Stitches. Her big break came in 1993 when she won an oil prospecting license, which led to the formation of Famfa Oil. She’s also the vice chair of DaySpring Property Development Company, a real estate firm, and Bestman Games, a board game company. Her philanthropic efforts focus on education, health, and poverty alleviation. She’s definitely a woman of many talents!
| Name | Folorunsho Alakija |
| Net Worth | $1.1 billion |
2. Isabel dos Santos
Isabel dos Santos is the second richest woman in Africa and the eldest daughter of Angola’s former president, José Eduardo dos Santos. She’s known as “Africa’s richest woman” and “the Princess” because of her wealth and royal lineage. Her fortune comes from her investments in various industries, including oil, telecom, and finance. Dos Santos has been the subject of controversy because of allegations of corruption and money laundering. Despite these accusations, she remains one of the most influential women in Africa.
After completing her education in Europe, she returned to Angola and joined the family’s business, holding various positions in the oil and banking industries. In 2013, she was named as Africa’s richest woman by Forbes magazine. She’s the chair of Unitel, one of Angola’s largest mobile phone operators, and the vice chair of Banco BIC, a financial institution. She’s also invested in a number of other companies, including Galp, a Portuguese oil and gas company, and Banco Espirito Santo, a Portuguese bank.
| Name | Isabel dos Santos |
| Net Worth | $1 billion |
3. Hajia Bola Shagaya
Hajia Bola Shagaya is a Nigerian businesswoman and philanthropist. She’s the founder and chair of Bolmus Group International, a diversified conglomerate that has interests in oil and gas, construction, real estate, agriculture, and more. She’s also the chair of Practoil Limited, a Nigerian oil and gas company, and the founder of Skymit Motors, a car dealership. In addition to her business activities, Shagaya is known for her philanthropic work, particularly in the areas of education and healthcare.
Hajia Bola Shagaya’s philanthropic efforts are truly inspiring. She’s the founder of the Hajia Bola Shagaya Foundation, which supports underprivileged children and women in Nigeria through education, healthcare, and economic empowerment initiatives. The foundation has built schools, hospitals, and microfinance institutions, and has provided scholarships to thousands of students. Shagaya is also a supporter of the United Nations Children’s Fund (UNICEF), the United Nations Population Fund (UNFPA), and other organizations that work to improve the lives of children and women in Nigeria.
| Name | Hajia Bola Shagaya |
| Net Worth | $630 million |
4. Yvonne Rufaro Chaka
Yvonne Rufaro Chaka is a Zimbabwean businesswoman and the founder of Varun Beverages Zimbabwe, a soft drink bottling company. She’s also the chair of Africa Sun Limited, a hospitality company that owns hotels in Zimbabwe and Zambia, and the vice chair of African Sun Asset Management, a real estate firm. In addition to her business activities, Chaka is known for her philanthropic work, particularly in the areas of education and healthcare. She’s the founder of the Yvonne Chaka Foundation, which supports various initiatives in Zimbabwe.
The Yvonne Chaka Foundation has done a lot of work to improve the lives of people in Zimbabwe. It has built schools, clinics, and youth centers, and has provided scholarships for students. The foundation also provides support for women and children affected by HIV/AIDS, and has implemented programs to prevent the spread of the disease. In addition, the foundation has supported environmental conservation efforts in Zimbabwe.
| Name | Yvonne Rufaro Chaka |
| Net Worth | $610 million |
5. Fatima Dangote
Fatima Dangote is a Nigerian businesswoman and the daughter of Aliko Dangote, the richest man in Africa. She’s the vice chair of Dangote Group and the chair of Dangote Flour Mills. She’s also a director at a number of other companies within the Dangote Group. In addition to her work with the Dangote Group, Fatima Dangote is known for her philanthropic work, particularly in the areas of education and healthcare. She’s the founder of the Fatima Dangote Foundation, which supports various initiatives in Nigeria.
The Fatima Dangote Foundation has done a lot of work to improve the lives of people in Nigeria. It has built schools, clinics, and youth centers, and has provided scholarships for students. The foundation also provides support for orphans and other vulnerable children, and has implemented programs to prevent child abuse and neglect. In addition, the foundation has supported disaster relief efforts in Nigeria. It’s truly incredible to see the impact that the foundation has made in such a short amount of time!
| Name | Fatima Dangote |
| Net Worth | $570 million |