Billionaires

Explore the world of Africa’s wealthiest individuals. Shore Africa tracks billionaires, their businesses, and the industries driving their fortunes.

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From net worth rankings to investment strategies, our Billionaires category provides insights into wealth creation and economic influence across Africa.

South Africa’s second-richest man, Nicky Oppenheimer.
Hot NewsBillionairesBusiness

South African billionaire Nicky Oppenheimer rebounds with $1.6 billion gain

According to the Bloomberg Billionaires Index, Oppenheimer’s fortune rose from $12.9 billion on Mar. 31 to $14.5 billion at the…

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Femi Otedola
Hot NewsBillionairesBusiness

Femi Otedola buys $57 million more First HoldCo shares, stake nears $900 million

The latest purchase further increases his holding in the lender, extending his lead as its largest shareholder as the bank…

Omokolade Ajayi Omokolade Ajayi
Capitec Mouton stake exceeds $2 billion
Hot NewsBillionairesBusiness

South African billionaire Jannie Mouton set for $27 million Capitec dividend

Mouton family to receive $27 million as Capitec lifts dividend on strong earnings and rising digital banking demand.

Feyisayo Ajayi Feyisayo Ajayi
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Aliko Dangote, Africa's richest man and Dangote group President
BillionairesBusinessHot News

Aliko Dangote’s mega refinery trims debt to $5.67 billion ahead of record listing

Dangote Refinery cuts secured debt to $5.67 billion as it prepares for a $1.6 billion share offering and November listing.

Omokolade Ajayi Omokolade Ajayi
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Palantir CEO Alex Karp
BillionairesHot NewsTechnology

Billionaire Alex Karp’s Palantir names Nebius as preferred sovereign AI infrastructure partner

Palantir names Nebius its preferred sovereign AI infrastructure partner, expanding secure AI computing options for commercial customers.

Feyisayo Ajayi Feyisayo Ajayi
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Anton Rupert, the son of South Africa’s richest man, Johann Rupert
BillionairesBusinessHot News

South African billionaire’s son named co-deputy chair of $120B luxury giant Richemont

Anton Rupert joins Richemont as co-deputy chairman as his father, Johann Rupert, advances succession plans at the $120 billion luxury group.

Omokolade Ajayi Omokolade Ajayi
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South African billionaire Patrice Motsepe.
BusinessBillionaires

South African billionaire Patrice Motsepe’s $162 million phosphate bet hits trouble

Patrice Motsepe’s Kropz phosphate investment faces a setback as mine restructuring puts 238 jobs at risk.

Timilehin Adejumobi Timilehin Adejumobi
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South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

South African billionaire Patrice Motsepe set to receive nearly $40 million dividend from ARM

Patrice Motsepe is set to receive nearly $40 million from African Rainbow Minerals’ final dividend, taking his 2026 payout to $68.42 million.

Omokolade Ajayi Omokolade Ajayi
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Nigerian billionaire businessman Tony Elumelu
BillionairesBusinessHot News

Nigerian billionaire Tony Elumelu’s Seplat stake hits $1.2 billion

Nigerian billionaire Tony Elumelu has seen his Seplat Energy holding surge to $1.2 billion, driven by rising crude production and stronger earnings.

Omokolade Ajayi Omokolade Ajayi
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Palantir CEO Alex Karp
BusinessBillionaires

Palantir CEO Alex Karp to become first major investor in new Ukraine defense firm 

Alex Karp will become the first major investor in a new Ukraine defense company launched by former minister Mykhailo Fedorov.

Timilehin Adejumobi Timilehin Adejumobi
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Reinet
BusinessBillionairesHot News

Reinet, led by South African billionaire Johann Rupert, exceeds $30 million in share buybacks

Reinet, led by Johann Rupert, has surpassed $30 million in share buybacks after repurchasing 1.15 million shares on the JSE.

Feyisayo Ajayi Feyisayo Ajayi
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Tim Draper
BillionairesBusinessHot NewsLuxury

Here is why billionaire investor Tim Draper is selling his stake in Tanzania’s Lupita Island for $7.9 million

Billionaire Tim Draper is seeking $7.9 million for his investment in Lupita Island, a luxury resort on Tanzania’s Lake Tanganyika.

Feyisayo Ajayi Feyisayo Ajayi
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