Ventures magazine has listed the richest people in Africa, naming four South Africans, lead by asset manager, Allan Gray, who is amongst the top 10.<\/p>\n
According to Ventures, Africa has 55 billionaires with a combined fortune of $143.88 billion – an average net worth of $2.6 billion per person.<\/p>\n
Of the 55 billionaires listed by the magazine, 20 are from Nigeria, while South Africa features the second most billionaires with nine listed, and four in the top 10.<\/p>\n
Egypt features eight billionaires, while Algeria, Angola, Zimbabwe and Swaziland only have one billionaire each, According to Ventures.<\/p>\n
Allan Gray – $8.5 billion<\/strong><\/p>\n According to Ventures, Gray, founder of Allan Gray Limited, currently runs the largest privately owned asset manager in South Africa, with assets under management at approximately $30 billion.<\/p>\n “According to inside sources at the company, Allan Gray\u2019s global mandate share portfolio has achieved an average annual return of 28% since 1974,” Ventures said.<\/p>\n Gray is also the founder of Orbis, an asset manager in Bermuda, which he founded in 1989. Orbis has over $21 billion under management.<\/p>\n Nicky Oppenheimer – $6.5 billion<\/strong><\/p>\n As chairman of the world\u2019s largest diamond producer, De Beers<\/a>, the Oppenheimer family has held control of the company since Ernest Oppenheimer (Nicky\u2019s Grandfather) took the reins in 1927.<\/p>\n In 2011, Oppenheimer made the decision to sell the family\u2019s 40% stake in De Beers to Anglo American<\/a> for $5.1 billion. Ernest Oppenheimer started a long legacy in mining, having also founded Anglo American in 1917.<\/p>\n Johann Rupert – $6.1 billion<\/strong><\/p>\n Johann Rupert<\/a> made his billions through the sale of luxury goods, serving as chairman and CEO of Richemont<\/a>, a Swiss holding company that controls brands such as Vacheron Constantin, Cartier, Alfred Dunhill, Montblanc and Chlo\u00e9.<\/p>\n Rupert is also the chairman of Remgro<\/a>, which has South African technology interests in the CIV group of companies, and an investment in SEACOM<\/a>.<\/p>\n Rupert\u2019s extensive holding in luxury goods places his net worth at $6.1 billion, making him the third richest man in South Africa.<\/p>\n Christoffel Wiese – $3.4 billion<\/strong><\/p>\n Christoffel Wiese<\/a> is the chairman, executive director and the largest single shareholder of the African continent\u2019s biggest retailer, low-price supermarket chain, Shoprite<\/a>.<\/p>\n Wiese built up Shoprite from a small, eight-store chain in Cape Town, to a multi-billion dollar business, through acquisitions and successful expansion strategies over 30 years.<\/p>\n He also owns a 44% stake in Pepkor, the holding company for PEP discount stores, Ackermans and other retail brands.<\/p>\n Tech in the Fortune 500<\/a><\/strong><\/p>\n Biggest tech companies in the world<\/a><\/strong><\/p>\nAfrica rich list top 10<\/h3>\n
\n\n
\n #<\/strong><\/td>\n Name<\/strong><\/td>\n Industry<\/strong><\/td>\n Country<\/strong><\/td>\n Worth<\/strong><\/td>\n<\/tr>\n \n 1<\/td>\n Aliko Dangote<\/td>\n Manufacturing<\/td>\n Nigeria<\/td>\n $20.2 billion<\/td>\n<\/tr>\n \n 2<\/td>\n Allan Gray<\/td>\n Financial services<\/td>\n South Africa<\/td>\n $8.5 billion<\/td>\n<\/tr>\n \n 3<\/td>\n Mike Adenuga<\/td>\n Oil, telecoms<\/td>\n Nigeria<\/td>\n $8 billion<\/td>\n<\/tr>\n \n 4<\/td>\n Folorunsho Alakija<\/td>\n Oil<\/td>\n Nigeria<\/td>\n $7.3 billion<\/td>\n<\/tr>\n \n 5<\/td>\n Nicky Oppenheimer<\/td>\n Mining, investments<\/td>\n South Africa<\/td>\n $6.5 billion<\/td>\n<\/tr>\n \n 6<\/td>\n Johann Rupert<\/td>\n Luxury goods and retail<\/td>\n South Africa<\/td>\n $6.1 billion<\/td>\n<\/tr>\n \n 7<\/td>\n Nassef Sawiris<\/td>\n Construction<\/td>\n Egypt<\/td>\n $5.2 billion<\/td>\n<\/tr>\n \n 8<\/td>\n Gilbert Chagoury & Family<\/td>\n Construction<\/td>\n Nigeria<\/td>\n $4.2 billion<\/td>\n<\/tr>\n \n 9<\/td>\n Nathan Kirsh<\/td>\n Real Estate, Distribution<\/td>\n Swaziland<\/td>\n $3.4 billion<\/td>\n<\/tr>\n \n 10<\/td>\n Christo Wiese<\/td>\n Retail<\/td>\n South Africa<\/td>\n $3.4 billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n More on the biggest and best<\/h3>\n