Top 5 richest Africans in Q4 2024

Business Insider Africa presents the top 5 richest Africans in Q4 2024.
This list is courtesy of Bloomberg’s Billionaire index.
South Africa’s Johann Rupert ranks number 1 on the list.

As the last quarter of the year kicks off, several African billionaires can so far tag 2024 a successful year and vice versa.

For one of Africa’s richest men, Nigeria’s Aliko Dangote, the year was a mix of milestones and depreciation. While he was able to establish his oil refinery, he managed to make less money throughout the year.

Chairman of Dangote group, Aliko Dangote speaks on the refinery challenges Pulse Nigeria

This resulted from Nigeria’s unstable economic environment, especially considering the alarmingly constant increase in inflation levels, and the sharp decline of the country’s currency.

Aliko Dangote went from peaking at $20 billion to now $12.7 billion, with a year-to-date change of -$2.42 billion.

On the other hand, South African billionaire, Johann Rupert who at the beginning of the year had a net worth of $10.3 billion now boasts a net worth of $13.9 billion, having recorded a year-to-date change of +$1.48 billion.

Other Africans on the top spot including Nicky Oppenheimer and Nassef Sawiris also experienced fluctuations throughout the year, but are generally richer now than they were at the start of the year.

With that said, here are the 5 richest Africans in Q4 of 2024, according to the Bloomberg Billionaire index.

On the list, Nicky Oppenheimer, Nassef Sawiris and Natie Kirsh, all have a year-to-day growth of +$1.55 billion, +$1.13 billion, and +$1.61 billion, respectively.

Top 5 richest Africans in Q4 2024

Rank	Name	Country	Net-Worth	Global rank
1.	Johann Rupert	South Africa	$13.9 billion	168th
2.	Aliko Dangote	Nigeria	$12.7 billion	190th
3.	Nicky Oppenheimer	South Africa	$11.4 billion	223rd
4.	Nassef Sawiris	Egypt	$9.54 billion	289th
5.	Natie Kirsh	South Africa	$9.22 billion	300th