Tag: African billionaires

South African billionaire and Dis-Chem pharmacies co-founder Ivan Saltzman
BusinessBillionaires

South African billionaire Ivan Saltzman exits Dis-Chem board after 48 years 

Dis-Chem founder Ivan Saltzman leaves the board after 48 years as South Africa's pharmacy retailer enters a new chapter.

Timilehin Adejumobi Timilehin Adejumobi
Africa’s 10 richest billionaires in July 2026
BillionairesBusinessHot News

Africa’s 10 richest billionaires now worth $106.4 billion after $6.2 billion gain

Africa’s top 10 billionaires see their combined wealth jump to $106.4 billion, driven by massive stock market gains from Aliko Dangote and BUA Group.

Omokolade Ajayi Omokolade Ajayi
Africa’s 10 richest billionaires in July 2026
BillionairesBusinessExclusiveHot News

10 richest African billionaires in July 2026

Africa’s 10 richest billionaires in July 2026 as Aliko Dangote, Johann Rupert and others grow their fortunes.

Omokolade Ajayi Omokolade Ajayi
Ahmed El-Sewedy, President and CEO of Elsewedy Electric
BusinessHot News

Egyptian tycoon Ahmed Elsewedy gains $82 million from Elsewedy Electric stake

Ahmed El-Sewedy’s Elsewedy Electric stake gains $82 million as strong shares, dividends and growth boost investor wealth.

Timilehin Adejumobi Timilehin Adejumobi
Zak Calisto, CEO of Karooooo
TechnologyBusiness

South African tech mogul Zak Calisto’s Karoooo stake tops $1 billion

Karooooo CEO Zak Calisto joins Africa’s billionaire tech founders after his company stake crosses the $1 billion mark.

Timilehin Adejumobi Timilehin Adejumobi
strive-masiyiwa-zimbabwe-richest-man
BusinessLuxury

Zimbabwean billionaire Strive Masiyiwa’s Econet InfraCo plans Victoria Falls resort after $1 billion listing

Econet InfraCo is developing a luxury villa resort in Victoria Falls after its $1 billion listing, signaling a bold move into Africa’s high-end tourism market

Timilehin Adejumobi Timilehin Adejumobi
ExclusiveHot News

Africa’s 23 billionaires gain $20.3 billion; net worth hits $126.7 billion

Africa’s richest 23 gained $20.3 billion, with net worth reaching $126.7 billion as Dangote and Rabiu lead wealth growth.

Omokolade Ajayi Omokolade Ajayi
Africa wealth cities
TourismHot News

15 most affluent cities in Africa

Africa’s richest cities are rising as powerful hubs for wealth, innovation, and investment, driven by billionaires and fast-growing industries.

Feyisayo Ajayi Feyisayo Ajayi
15 African countries ranked by private wealth
BusinessHot News

15 African countries ranked by their number of millionaires and centi-millionaires

Africa Wealth Report 2025 ranks 15 nations by millionaires, spotlighting shifting hubs of wealth creation.

Feyisayo Ajayi Feyisayo Ajayi
Palm Jumeirah
Hot NewsLuxuryTourism

Dubai emerges as a strategic base for Africa’s elite families

Dubai is fast becoming a strategic base for Africa’s ultra-rich, offering tax-free wealth, safety, and legacy tools.

Feyisayo Ajayi Feyisayo Ajayi
Meet Africa's top 5 sugar moguls
Hot NewsBusiness

Top 10 African tycoons in the sugar industry

Africa’s sugar industry is shaped by billionaires like Dangote, Rabiu, and Rebrab, driving self-sufficiency, jobs, and agribusiness growth.

Feyisayo Ajayi Feyisayo Ajayi
Palm Jumeirah
LuxuryHot News

10 UAE hotspots for African billionaires

Dubai and Abu Dhabi are prime UAE hotspots where African billionaires invest, live, and build global empires, drawn by tax perks and luxury living.

Feyisayo Ajayi Feyisayo Ajayi