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.

Nigerian billionaire Abdul Samad Rabiu
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Nigerian billionaire Abdul Samad Rabiu sees $1 billion wiped from net worth in 4 days

The decline follows a sharp run-up in the shares of several major Nigerian companies as investors reacted to stronger corporate…

Omokolade Ajayi Omokolade Ajayi
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
Airtel Africa telecom
BillionairesBusinessHot News

World Bank plans $150 million Airtel Africa expansion in Congo, Kenya

IFC plans $150 million financing for Airtel Africa to expand telecom networks and refinance debt in Congo and Kenya markets.

Feyisayo Ajayi Feyisayo 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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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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Nigerian politician Abdulaziz Yari.
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Abdulaziz Yari: From N84 billion fraud probe to N1.08 trillion Geregu Power buyout

Sen. Abdulaziz Yari leads Geregu Power after a N1.08 trillion ($793 million) buyout, marking a shift from past EFCC probes to corporate leadership.

Omokolade Ajayi Omokolade Ajayi
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South African billionaire Nicky Oppenheimer
BillionairesBusinessHot News

South African billionaire Nicky Oppenheimer adds $1B as wealth hits $15.5B

Nicky Oppenheimer adds $1 billion to his fortune, lifting his net worth to $15.5 billion as his family expands beyond diamonds.

Omokolade Ajayi Omokolade Ajayi
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South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

South African billionaire Patrice Motsepe’s net worth gains $100 million in 10 days

Patrice Motsepe’s net worth rose to $3.7 billion following a $100 million ten-day gain, lifted by an 87 percent earnings jump at Harmony Gold.

Omokolade Ajayi Omokolade Ajayi
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Nigerian billionaire Tony Elumelu.
BillionairesBusinessHot News

Nigerian billionaire Tony Elumelu pockets $14.45 million from Seplat’s Q2 dividend payout

Tony Elumelu received $14.45 million from Seplat Energy’s second-quarter dividend, lifting his 2026 payouts to about $35.3 million.

Omokolade Ajayi Omokolade Ajayi
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Malagasy tycoon Hassanein Hiridjee
TechnologyBillionairesBusinessHot News

Malagasy tycoon Hassanein Hiridjee’s Axian Telecom posts $980 million H1 revenue

Hassanein Hiridjee’s Axian Telecom reported a 26.5% rise in H1 2026 revenue to $979.96 million, powered by surging mobile data and fintech growth.

Omokolade Ajayi Omokolade Ajayi
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South African billionaire Michiel Le Roux
BillionairesBusiness

South African billionaire Michiel Le Roux-linked firms give $3.4 million to Democratic Alliance

Two firms linked to billionaire Michiel Le Roux gave South Africa’s DA $3.4 million in the second quarter of 2026.

Timilehin Adejumobi Timilehin Adejumobi
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