Africa's richest men

SinghDude

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Forbes' dollar billionaire list for 2011 boasts five extra Africans, including a South African newcomer. We take a look at Africa's richest people.

1. Nicky Oppenheimer and family

Local businessman Nicky Oppenheimer retained his second spot on the continent, and is the 136th richest person in the world. Based in Johannesburg, Oppenheimer is the head of De Beers Diamond mines in which his family holds a 40 percent stake. He holds a stake in fellow mining giant Anglo American which was founded by his grandfather, Ernest in 1917. Oppenheimer also owns the country's largest private game reserve, Tswalu Kalahari. He holds a Masters of Arts degree and is married with one child. Oppenheimer's net worth is estimated around $7.0-billion, up from $5.0-billion in 2010.

2. Johan Rupert – $4.8-billion

South African billionaire Johann Rupert is the third richest person on the continent, from being sixth in 2010 and the 219th richest person in the world. Head of his family business, Swiss luxury group Richemont, Rupert also owns Remgro, a local investment holding company. Rupert also has interests in two prestigious wine farms as well as an exclusive golf club. Rupert holds a Bachelor of Arts from the University of Stellenbosch and is married with three children. His net worth is estimated at $4.8-billion, up from $2.3-billion in 2010.

3. Patrice Motsepe – $3.3-billion

South Africa's first black billionaire Patrice Motsepe retains his fifth spot on the African rich list. A qualified lawyer, the Johannesburg based mining magnate was born in Soweto and started investing in low-producing gold mine shafts in 1994. The billionaire heads up mining conglomerate, African Rainbow which has interests in platinum, nickel, chrome, iron, manganese, coal and gold. Motsepe received a boost from the country's BEE laws which required companies to be 26 percent black owned in order to qualify for a government mining license. Motsepe also holds a 6.2 percent stake in Sanlam. He is married with three children. His net worth is estimated at $3.3-billion, up from $2.3-billion in 2010.

4. Christo Wiese – $1.6-billion

South African newcomer to the Forbes list, Christo Wiese is chairman of Africa's largest retailer, Shoprite and is the 782nd wealthiest man in the world. Dr Wiese joined Pep Stores as executive director in 1967. Seven years later he left Pep Stores to practice at the Cape Bar. He rejoined Pepkor and has been executive chairman of Pepkor Ltd since 1981. He is also a director of Metropolitan Life, an external director of Sasol, and a non executive director of KWV Holdings Ltd and the PSG Group. He occupies the 12th spot of rich Africans with an estimated net worth of $1.6-billion.





Africa's dollar billionaires


1. Aliko Dangote, Nigeria

Estimated wealth: $13.8-billion

2. Nicky Oppenheimer & family, South Africa

Estimated wealth: $7-billion

3. Nassef Sawiris, Egypt

Estimated wealth: $5.6-billion

4. Johann Rupert & family, South Africa

Estimated wealth: $4.8-billion

5. Naguib Sawiris, Egypt

Estimated wealth: $3.5-billion

6. Patrice Motsepe, South Africa

Estimated wealth: $3.3-billion

7. Onsi Sawiris, Egypt

Estimated wealth: $2.9-billion

8. Mohamed Mansour, Egypt

Estimated wealth: $2-billion

9. Mike Adenuga, Nigeria

Estimated wealth: $2-billion

10. Yasseen Mansour, Egypt

Estimated wealth: $1.8-billion

11. Youssef Mansour, Egypt

Estimated wealth: $1.8 billon

12. Christoff Wiese, South Africa

Estimated wealth: $1.6-billion

13. Samih Sawiris, Egypt

Estimated wealth: $1.4-billion

14. Mohamed Al Fayed, Egypt

Estimated wealth: $1.2-billion

Rich getting richer ..... :whistle::whistle::whistle:
 
4. Christo Wiese – $1.6-billion

This guy isn't on the MMI board of directors (MMI is the newly formed Momentum Metropolitan conglomorate). Wonder if he is still on board with Metropolitan.
 
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