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
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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Nigerian politician Abdulaziz Yari.
ExclusiveBillionairesBusiness

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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