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.

Aliko Dangote, Africa’s richest man
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Aliko Dangote becomes first African, first Black billionaire worth over $30 billion

The latest estimate comes about six months after Bloomberg reported that the Nigerian businessman and industrialist crossed the $30 billion…

Omokolade Ajayi Omokolade Ajayi
South African packaged foods giant Tiger Brands Limited.
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South Africa’s Tiger Brands reports $1.1 billion H1 revenue on volume growth

The company posted group revenue of R17.9 billion ($1.1 billion), up 1.3 percent from R17.7 billion ($1.09 billion) a year…

Omokolade Ajayi Omokolade Ajayi
South Africa's richest man Johann Rupert
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South Africa’s richest man Johann Rupert nears $19 billion after $1 billion rebound

The increase narrows his year-to-date wealth loss to $840 million, down from nearly $2 billion earlier in May.

Omokolade Ajayi Omokolade Ajayi
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Nigerian billionaire Tony Elumelu.
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Nigerian billionaire Tony Elumelu named chairman of Seplat Energy

Tony Elumelu will become chairman of Seplat Energy in January 2027, succeeding Senator Udoma Udo Udoma.

Omokolade Ajayi Omokolade Ajayi
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TechnologyBillionairesBusinessHot News

Google’s $30 billion deal strengthens case for Elon Musk’s SpaceX $1.77 trillion IPO

Google’s $30 billion SpaceX deal validates the metrics for Elon Musk's upcoming $1.77 trillion IPO.

Omokolade Ajayi Omokolade Ajayi
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Africa’s first Black billionaire Patrice Motsepe.
BillionairesBusinessHot News

Africa’s first Black billionaire Patrice Motsepe loses $800 million in under five months

Patrice Motsepe loses $800 million in under five months as Harmony Gold and ARM shares tumble on the JSE amid a broader precious metals retreat.

Omokolade Ajayi Omokolade Ajayi
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Aliko Dangote, Africa’s richest man and founder of the Dangote Group
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Aliko Dangote’s net worth nears $40 billion as refinery eyes $50 billion IPO

Aliko Dangote’s wealth nears $40 billion as a planned $50 billion refinery IPO draws strong global investor interest and massive capital requests.

Omokolade Ajayi Omokolade Ajayi
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Hilton Schlosberg Monster Beverage growth
BusinessBillionairesHot News

South African-born Hilton Schlosberg powers Monster Beverage’s $88 billion global rise

Hilton Schlosberg drives Monster’s rise from juice maker to $88 billion energy drink powerhouse with global reach.

Feyisayo Ajayi Feyisayo Ajayi
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Ethiopian Airlines Group.
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Ethiopian Airlines plots 25-jet expansion plan, following $4.4 billion first-half revenue

Ethiopian Airlines plans to buy 25 regional commercial jets following a record $4.4 billion first-half revenue performance.

Omokolade Ajayi Omokolade Ajayi
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Bloomberg, Forbes track billions on different scales, but Elon Musk’s trillionaire milestone is closing in

Bloomberg and Forbes differ on Elon Musk's current billions, but the upcoming SpaceX IPO puts him on track to become the world's first trillionaire.

Omokolade Ajayi Omokolade Ajayi
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South African billionaire Koos Bekker gains $100m from Tencent AI rally, EU antitrust delay

Koos Bekker’s net worth jumps to $3.5 billion as a Tencent AI agent prototype and a European Commission antitrust delay send Naspers and Prosus shares higher.

Omokolade Ajayi Omokolade Ajayi
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Nigerian billionaire Abdul Samad Rabiu.
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Abdul Samad Rabiu drops as Africa’s second-richest after $2.2 billion wealth loss

Abdul Samad Rabiu falls from Africa's second-richest spot after a $2.2 billion net worth decline, with Johann Rupert reclaiming the rank.

Omokolade Ajayi Omokolade Ajayi
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