Billionaires

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

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

Latest Billionaires News
South Africa's richest man Johann Rupert
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South Africa’s richest man Johann Rupert loses $100 million as Richemont shares retreat

South African billionaire Johann Rupert loses $100 million as investors lock in gains from luxury group Richemont.

Omokolade Ajayi Omokolade Ajayi
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Nigerian businessman Ladi Jadesimi, chairman of Aradel Holdings.
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Nigerian businessman Ladi Jadesimi set for $3.9 million Aradel dividend

Ladi Jadesimi is set for a $3.9 million Aradel Holdings dividend after the Nigerian energy group’s annual profit surged by 192 percent.

Omokolade Ajayi Omokolade Ajayi
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Beninese-Gabonese oil billionaire Samuel Dossou-Aworet
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Beninese-Gabonese oil mogul Samuel Dossou-Aworet buys Aradel shares worth $221 million

He acquired 171,793,774 ordinary shares through Petrolin Trading Limited, strengthening his position in Nigeria’s energy sector.

Omokolade Ajayi Omokolade Ajayi
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Malawi’s richest man Hitesh Anadkat.
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Malawi’s richest man Hitesh Anadkat set for $7.47 million FMBcapital payout

Malawi’s richest man Hitesh Anadkat to receive $7.47 million dividend from FMBcapital after profit jumps to $152.2 million.

Omokolade Ajayi Omokolade Ajayi
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Zimbabwe’s richest man Strive Masiyiwa.
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Zimbabwe’s richest man Strive Masiyiwa shares lesson from failed Nigerian investment pitch

Strive Masiyiwa shares a vital lesson on investment discipline and personal satisfaction gained from a rejected telecom pitch in Nigeria.

Omokolade Ajayi Omokolade Ajayi
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South African billionaire Patrice Motsepe.
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Patrice Motsepe, Africa’s first Black billionaire, rebounds after $800 million drop

Patrice Motsepe sees a $200 million wealth rebound as mining stocks recover, lifting his net worth to $3.8 billion.

Omokolade Ajayi Omokolade Ajayi
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Nigerian billionaire Femi Otedola takes First HoldCo shares worth over $30 million at nearly 40% discount

Femi Otedola boosts his First HoldCo stake to 20.42 percent after acquiring shares valued at over $30 million at a nearly 40 percent discount.

Omokolade Ajayi Omokolade Ajayi
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Nigerian billionaire Abdul Samad Rabiu.
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BUA Foods adds $2.3 billion to Nigerian billionaire Abdul Samad Rabiu’s fortune

BUA Foods’ 2026 rally added $2.3 billion to Abdul Samad Rabiu’s fortune, driven by efficiency gains and stronger margins despite weaker revenue.

Feyisayo Ajayi Feyisayo Ajayi
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South Africa's richest man Johann Rupert
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South African billionaire Johann Rupert becomes second African to hit $20 billion

Johann Rupert hits $20.2 billion as Richemont luxury stock surges, making him the second African to pass the $20 billion mark.

Omokolade Ajayi Omokolade Ajayi
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