He owns at least 720 square miles of conservation land across South Africa, Botswana and Zimbabwe. For the 11th year in a row, Alike Dangote of Nigeria is the continents richest person, worth an estimated $13.9 billion, up from $12.1 billion last year following a 30% increase in the stock price of Dangote Cement, his most valuable asset. The second richest isNassef Sawirisof Egypt, whose largest asset is a nearly 6% stake in sportswear maker Adidas. It is widely regarded as the area where modern man emerged from so, if you trace back far enough, we're all a little bit Ethiopian. His father was a shareholder in RMA, a Moroccan insurance company; Benjelloun built it into a leading insurer. The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine Forbes.The list has been published since 2015. Cevital helped finance a biopic on Algerian resistance hero Larbi Ben Mhidi, who was executed by the French in 1957. 2023/2024 Scout Africa - No 1 Portal To Discover The Best In Africa. Net worth: $8 billionRank in 2020: 3Net worth in 2020: $7.7 billionOrigin of wealth: DiamondsIndustry: metal and miningAge: 75Country: South AfricaResidence: JohannesburgEducation: Oxford University Christ Church, Master of Arts/Science, Oxford. His Babylonstoren estate, nearly 600 acres in South Africas Western Cape region, features architecture dating back to 1690, a farm, orchard and vineyard and more. Tana Africa recently exited its position in Regina, Egypts second-largest pasta manufacturer and the leading producer of durum wheat flour. Darko is also known by many in the sub-region as the Poultry King and Akok Darko (meaning Poultry Darko in Akan). 15 agricultural innovations to help you be a millionaire farmer. Without further ado, let's look at the top ten wealthiest farmers in the world (not in any particular order). Nassef Sawiris teamed up with Fortress Investment Groups Wes Edens to purchase Aston Villa Football Club. Farming and agriculture has a poor image in popular culture, but it remains a solid investment for families and people around the world. His company Almarai is one of the largest dairy operators in the Middle East. Disclaimer:As much as we try to update the information database on daily basis. Net worth: $13.9 billionRank in 2021: 1Net worth in 2021: $12.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 64Country: NigeriaResidence: Lagos, Net worth: $11 billionRank in 2021: 4Net worth in 2021: $7.2 billionOrigin of wealth: Luxury goodsIndustry: Fashion and RetailAge: 71Country: South AfricaResidence: Cape Town, Net worth: $8.7 billionRank in 2021: 3Net worth in 2021: $8 billionOrigin of wealth: DiamondsIndustry: Metals and miningAge: 76Country: South AfricaResidence: Johannesburg, Net worth: $8.6 billionRank in 2021: 2Net worth in 2021: $8.5 billionOrigin of wealth: Construction and InvestmentsIndustry: Construction and engineeringAge: 61Country: EgyptResidence: Cairo, Net worth: $7 billionRank in 2021: 6Net worth in 2021: $5.5 billionOrigin of wealth: Cement,sugarIndustry: DiversifiedAge: 61Country: NigeriaResidence: Lagos, Net worth: $6.7 billionRank in 2021: 5Net worth in 2021: $6.3 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 68Country: NigeriaResidence: Lagos, Net worth: $5.1 billionRank in 2021: 7Net worth in 2021: $4.8 billionSelf-madeOrigin of wealth: FoodIndustry: Food and BeverageAge: 78Country: AlgeriaResidence: Algiers, Net worth: $3.4 billionRank in 2021: 8Net worth in 2021: $3.2 billionOrigin of wealth: TelecomIndustry: TelecomAge: 67Country: EgyptResidence: Cairo, Net worth:$3.1 billionRank in 2021: 9Net worth in 2021: $3 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 59Country: South AfricaResidence: Johannesburg, Net worth: $2.7 billionRank in 2021: 10Net worth in 2021: $2.8 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 69Country: South AfricaResidence: Cape Town, Net worth: $2.7 billionRank in 2020: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 60Country: ZimbabweResidence: London, Net worth: $2.5 billionRank in 2021: 11Net worth in 2021: $2.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 74Country: EgyptResidence: Cairo, Net worth: $2.2 billionRank in 2021: 12Net worth in 2021: $2 billionOrigin of wealth: Petroleum, diversifiedAge: 61Country: MoroccoResidence: Casablanca, Net worth:$1.7 billionRank in 2021: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 72Country: South AfricaResidence: Stellenbosch, Net worth: $1.5 billionRank in 2021: 15Net worth in 2021: $1.3 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 89Country: MoroccoResidence: Casablanca, Net worth: $1.5 billionRank in 2021: 13Net worth in 2021: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 46Country: TanzaniaResidence: Dar es Salaam, Net worth: $1.5 billionRank in 2021: 14Net worth in 2021: $1.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 76Country: EgyptResidence: Cairo, Net worth: $1.1 billionRank in 2021: 18Net worth in 2021: $1.1 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 60Country: EgyptResidence: Cairo. South Africa - $861.93 billion. Michael Adenuga - $9.2 Billion. Not only is Ethiopia one of Africa's wealthiest countries, it's also steeped in history. Strive Masiyiwa, a citizen of Zimbabwe and a London resident appears on the list due to his telecom holdings in Africa. thesouthafrican.com - Shyleen Choruma 3h. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. Tony and Ron Perich are brothers that began with dairy business. The Bellevue, Switzerland-based company's brands include Jaeger-LeCoultre and Cartier. Plot 3 - Cabbage and lettuce. Colin and Dales wealth is around $240 million, and they also own the Dairy Holding whose value is approximately $535 million. The Angolan court claimed that actions taken by Dos Santos, her husband Sindika Dokolo (whodiedin October 2020, reportedly in a scuba diving accident) and one other associate caused the Angolan government losses of at least $1.14 billion. Moshkovich spent close to eight years in the Federal Council of Russia and resigned in 2014. Blairo Maggi 4. Nigeria - $1.14 trillion. It will be one of the tallest buildings in Africa. King Goodwill Zwelithini of Zulu South Africa. Agriculture, banking, tourism, mining, transportation, energy, real estate, telecommunications, and insurance are among the businesses in which the family has invested. He left ZPTC to start an engineering services firm, then sold it and founded Econet Wireless Zimbabwe, but had to battle the government in court for years. In October 2011, she became the non-executive chairman of. His net worth is around $3.4 billion. "With higher overall foodgrain production, we expect farmers' income to remain . South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. In early January 2020, Rabiu merged his privately-owned Obu Cement company with listed firm Cement Co. of Northern Nigeria, which he controlled. His other assets include stakes in mobile phone networks in Burundi and Lesotho, and investments in fintech and power distribution firms in Africa. Farming also requires the formulation of proper strategies and keeping of accounts of the business cash flows. Net worth: $4.8 billionRank in 2020: 6Net worth: $4.4 billionSelf-madeOrigin of wealth: FoodIndustry: Food and beverageAge: 77Country: AlgeriaResidence: Algiers. Colin and Dale Armer 6. Since the beginning of the year, his net worth has increased by over $200 million, thanks to the revaluation of his private equity assets held through Stockdale Street and Tana Africa Capital. However, these millionaire farmers have isolated their businesses away from weather reliant products. In Africaas elsewhere in the worldthe wealthiest have come through the pandemic just fine. Below are some ideas and leads on the four paths to success. The familys Leppington Pastoral today has 2,000 cows on 11,000 hectares. And by a lot, we mean a LOT! Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. Plot 4 - Root vegetables like beets, carrots, and turnips. Osagyefuo Nana Amoatia Ofori Panin is worth $28 million. He's made appearances in a few editions of Forbes, the business magazine popular with global corporate heavyweights and the high net-worth set. The company which was then known as Paramount Farm soon became the largest pistachios and almonds producers in the world. Companies are ranked according to turnover. He created Rusagro, one of the most prominent sugar and pork producers in Russia. We need food now more than ever before. Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. The company is best known for the brands Cartier and Montblanc. AFRICAS BILLIONAIRES ARE RICHER than they have been in years. Qin Yinglin 7. Being a founder of China Minsheng Bank, the only bank in the country since 1949 to be established without direct state ownership, Liu holds about 7% of China Minsheng Banks shares. (Video) Top 10 Richest Farmers in the World (2021) (Money Matters) Who is the richest farmer in SA? He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam Exchange. Contents [ hide] 10. 1 | NIGERIA - THE RICHEST COUNTRY IN AFRICA (GDP: $504.203 Billion) GDP: $504.203 Billion (nominal, 2023 est.) According to Billionaires Africa, his 75-per cent stake in Jetro Holdings accounts for 61 per cent of his total wealth valuation, with the market value of his stake in the New York-based conglomerate presently valued at $4.8 billion. Prince Sultans real net worth is $3.8 billion. Our list tracks the wealth of African billionaires who reside in Africa or have their primary businesses there, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen, and billionaire London resident Mohamed Al-Fayed, an Egyptian citizen. Having started with zero capital, Colin and Dale bought 140 cows to share the farm with a focus on making profits. In order to accumulate wealth, you need to own something. Graham Beck (5 December 1929 - 28 July 2010) was a South African business magnate, wine maker, stud farmer and philanthropist. The bank has more than 800 branches and over 13,000 employees. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. 3. He used his profits to invest in land. and His, Thabo Mbeki Biography , Age , Houses , Cars & Net, Patrice Motsepe Biography , Age & Net worth, How To Download Waptrick TV Shows And Movies, Make Money Online In South Africa ; Top 15 Real Ways, SASSA Status Check for R350 Payment Dates, How To SASSA Online Login srd.sassa.gov.za, How To Fill TVET Colleges NSFAS Application Form. Money; List-Worthy . He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 300 Unique Trending Ankara Styles For Women, Top 50 Amazing African Long Dresses For Women, 150 Unique Bridal Reception Styles In Africa, 120 Amazing African Dress Styles For Ladies, 150 Beautiful African Print Tops Designs Ideas, Elisha Owusu Biography ; How Old Is Owusu ? And His Current Teams, Alexander Djiku Biography ; How old is Djiku? And His Current, Alexander Djiku Biography ; How old is Djiku? Buffett has traveled to over 130 different countries around the world. His other assets include stakes in mobile phone networks in Burundi and Lesotho, and investments in fintech and power distribution firms in Africa. 10. Vadim Moshkovich 6. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. Nassef Sawiris is a scion of Egypts wealthiest family. He and his son retained a 96% stake in the company. In 1997, he bought low-producing gold mine shafts and later turned them profitable. Angola - $217.97 billion. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. Fu Guangming is currently the chairman of Fujian Sunner Development. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. In addition, he has a net worth of $6.6 billion. Morocco - $302.77 billion. For the tenth year in a row,Aliko Dangoteof Nigeria is the continents richest person, worth $12.1 billion, up by $2 billion from last years list thanks to a roughly 30% rise in the share price of Dangote Cement, by far his most valuable asset. An ideal tip on how to become a successful farmer is to treat agriculture like any other business. Harry Stine made his fortune by licensing corn and soybean genetics to large multinationals, such as Syngenta or Monsanto. Plot 1 - Potatoes or sweet potatoes. That pushed Rabius fortune up by an extraordinary 77%, to $5.5 billion. His dairy farm became the foundation that his two sons, Ron and Tony, would later advance. Thank You. Farmers have large upfront costs, but if you own the land and assets, you can live off of the income forever. Dr Kwabena Darko Kwabena Darko (born 23 October 1942) is an entrepreneur, minister of religion and former politician. Yasseen Mansour is a shareholder in family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Farmers make money by selling consumer products to distributors that bring these products to grocery and retail stores. His mobile phone network, Globacom, is the third largest operator in Nigeria, with 55 million subscribers. The Perich brothers have since expanded into property development, and the family fortune recently topped $1 billion. They got their fortune first from the Teleflora flower delivery service. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. Colin and Dale Armer 6. Stewart and Lynda Resnick 1. Dangotes grandfather was a successful trader of rice and oats in Kano, Nigerias second-largest city. METL operates in at least six African countries and has ambitions to expand to several more. It will be one of the tallest buildings in Africa. With a growing population and a shrinking land base, I anticipate farming will only need to get more efficient. They own more than half of the listed Freedom Foods. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an eCommerce investor & cable TV powerhouse. He was the third generation of his family to run DeBeers, and took the company private in 2001. Howard Buffett 3. All Rights Reserved, How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. In 2016, he launched a private equity firm, African Rainbow Capital, focused on investing in Africa. It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. However, he recently got appointed the CEO and Chairman of the Howard G. Buffett Foundation. Jumping into the No. The continents 18 billionaires are worth an average $4.1 billion, 12% more than a year ago, driven in part by Nigerias surging stock market. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. Vadim Moshkovich began the business world by selling vodka, oil, and apartments in the early 1990s. A few of these farmers on our list are not just millionaires, they are billionaires. Philip Ndegwa Family. I believe that this list of the top ten millionaire farmers has offered you valuable insights and is proof that farming is a profitable industry. scoutafrica.net is a media platform that provides you information on what Transpires In Africa. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. Nearly half of all Americans today purchase one of their products, including Halos mandarin oranges, POM Wonderful, and Fiji Water. Andrej ventured into business as a fertilized trader. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.) Geena Bhai Patel 8. 10 richest people in Africa Sam DCruz / Shutterstock.com 15 Richest People in Africa 15) Othman Benjelloun (Morocco) Net worth: $1.3 billion (2021) Age: 88 Othman Benjelloun is the CEO of. Dangote also owns stakes in publicly-traded salt and sugar manufacturing companies. Top 10 Richest Farmers In The World - Richest Farmer In 2022 Top 10 List: 1. His own empire conflates telecommunications, technology, and media. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights. He denies any wrongdoing. Let's review the habits of some of the richest farmers int he world. Not only that, but from what Ive heard, hes one of the most down to earth businessmen out there. By the end of 2013, China Minsheng Bank had more than 500 subsidiaries and branches. Abdul Satar Dada. He is the man behind New Hope Group. Shares . HOWARD BUFFETT - $200m 10. We [Algerians] have great potential; we can make up for lost time., Net worth: $3.2 billionRank in 2020: 9Net worth in 2020: $3 billionOrigin of wealth: TelecomIndustry: TelecomAge: 66Country: EgyptResidence: CairoEducation: Swiss Federal Polytechnical Institute, Master of Science; Swiss Federal Polytechnical Institute, Bachelor of Arts/Science. Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an e-commerce investor and cable TV powerhouse. In 1997, he bought low-producing gold mine shafts and later turned them profitable. Dewji was reportedly kidnapped at gunpoint in Dar es Salaam, Tanzania in October 2018 and released after nine days. He denies any wrongdoing. Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest . Mr. Fu has a net worth of $1.5 billion. His company supplies chicken for KFC restaurants throughout China. Based on my review successful farmers that have eventually become rich from farming possess the following: There are many other traits of successful farmers, but these are some of the top traits of successful farmers that come to mind. Bakrie Delano Africa serves as the investment partner of the Bakrie Group in Nigeria. His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital. Mansours father lost his fortune, when Egypts then president, Gamal Abdel Nasser, expropriated his cotton trading company in 1964. Invest in farmland, local, national and worldwide, Invest in a farm, get your hands dirty, operate your own farm, Finance insiders can get rich farmers on a permaculture path. They now own a company called the Wonderful Company. Copyright 2023. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. CEO of Topman farms Anthony Kofi Gyamfi specializes in animal farming and is one of the largest Poultry farms in Ghana. Dewji, Tanzanias only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. Ranked #329 on the list is Egypt's richest person, Nassef Sawiris. I cant remember the last time we didnt have food on earth Thats a joke. Categories: Farmers Creighton Farmers Agency Address: 13 Main St, Creighton, 3263, South Africa, Kwazulu Natal. He was the third generation of his family to run DeBeers, and took the company private in 2001. All of the continents billionaires are men; Isabel dos Santos of Angola fell off the Forbes list in January 2021. As a group, the continents 18 billionaires are worth an estimated $84.9 billion a 15% increase from 12 months ago and the largest tally since at least 2015. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. He also developed a luxury resort called Silversands on the Caribbean island of Grenada. ), Read More:The Full List of AfricasRichest People. He owns 85% of publicly-traded Dangote Cement through a holding company. He shares his fortune with his daughter, Fu Fenfang, who holds the position of the companys director. Liu and his brothers are millionaire farmers and made it to the top wealthiest farmers list by focusing mostly on the agriculture and animal husbandry sector. I admire Howard Buffett for his devotion to impact investing and leaving a lasting legacy. Net worths were calculated using stock prices and currency exchange rates from the close of business on Wednesday, January 19, 2022. When speaking of beauty and brains, Judy is an individual that stands out on this list of richest women in South Africa. The late Robert Mugabe was a former revolutionary and Zimbabwean politician best known for his struggles against the British when Zimbabwe was . FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. As a group, the continent's 18 billionaires are worth an estimated $84.9 billion - a 15% increase from 12 months ago and the largest tally [] Your email address will not be published. Mr. Perich met his wife Julia on the boat, and soon they settled down in the then broad acres of southwest Sydney to do farming. All Rights Reserved. Net worth: $1.1 billionRank in 2020: 12Net worth in 2020: $2.3 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 59Country: EgyptResidence: CairoEducation: George Washington University. In 2015, he offered to buy a Greek or Italian island to house Syrian refugees, but Greece and Italy turned him down. His oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. Net worth: $1.6 billionRank in 2020: 16Net worth in 2020: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 45Country: TanzaniaResidence: Dar es Salaam. Youssou N'Dour. Our list tracks the wealth of African billionaires who reside in Africa or have their primary business there, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen and billionaire London resident Mohamed Al-Fayed, an Egyptian citizen. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. Dont miss out on current updates, kindlylike us on Facebook,Follow Us On Instagram&Subscribe To Our ChannelOR leave a comment below for further inquiries. A spokesman for the Nigerian Stock Exchange told Forbes that BUA Cement meets the second requirement. Net worth: $1.2 billionRank in 2020: 19Net worth in 2020: $1.1 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 59Country: ZimbabweResidence: LondonEducation: University of Wales, Bachelor of Engineering. 2. That said, here is a brief overview of the richest Presidents in Africa with reference to Forbes, People With Money magazine, CelebrityNetWorth. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. They later expanded their assets and bought cheap farms during the drought years of the late 1980s. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. #Southern Africa; Top 10 richest people in the world - 1 March 2023; Top 10 richest people in the world - 1 March 2023. The world's richest people, dubbed as 'ultra-high net worth individuals' (UHNWIs) have shed a cumulative wealth of $10 trillion or 10% from their net worth in 2022, due to global economic . In 2020, Dlamini was named in Forbes magazine's 50 most powerful women in Africa and in 2022, she was also named in . Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. Elizabeth Bradley - $22 million Elizabeth's life was always going to be in the limelight largely due to the contributions of her father in bringing the Toyota brand to South Africa. To value privately-held businesses, we start with estimates of revenues or profits and apply prevailing price-to-sale or price-to-earnings ratios for similar public companies. These millionaires followed several key money hacks to build their wealth and stay dedicated to their business. Another gentleman among the top millionaire farmers is Harry Stine. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. Dangote Group founder Aliko Dangote has topped the 2018 list. While yield-checking the soybean lines, he gained an understanding of what a conventional breeding program could bring to the soybean industry and growers. The richest farmers in the world may not spend all day in the field, but they're always in the office, coordinating their businesses. Top 10 Richest Men in Botswana. John Dumelo is a Ghanaian actor, farmer and politician. Fu Guangming 8. His business revolves around sugar, cement, and flour. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. For 85 years until 2012, the Oppenheimer family occupied a controlling spot in the worlds diamond trade. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. All Rights Reserved. See the full list of Africas billionaires here. See full address and map. At number three: Nicky Oppenheimer of South Africa, who inherited a stake in diamond firm DeBeers and ran the company until 2012, when he sold his familys 40% stake in DeBeers to mining giant AngloAmerican for $5.1 billion. In early January 2022, Rabiu listed his sugar and food firm BUA Foods on the Nigerian stock exchange with a market capitalization of nearly $2.8 billion. Farmers can be somewhat reliant on weather conditions and external factors that will truly influence how much money you can make. The continent's billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. Pastor Matthew Ashimolowo -$10 million. Ghana, a prominent petroleum and natural gas producer with the sixth-largest crude oil reserves in Africa and the twenty-fifth-largest in the world, is the tenth-richest country in Africa. Get your business to the top of the list for free, Contact Us for details Farmers in Zambia . Aziz Akhannouch is the majority owner of Akwa Group, a multibillion-dollar conglomerate founded by his father and a partner, Ahmed Wakrim, in 1932. Net worth: $2.8 billionRank in 2020: 11Net worth in 2020: $2.5 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 68Country: South AfricaResidence: Cape TownEducation: Columbia Business School, Master of Business Administration; University of Witwatersrand, LLB. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. These farmers made the list due to their devotion to growth in business and entrepreneurial savvy. According to the Forbes' richest list of 2017, here are the top wealthiest farmers in the world that have achieved great accomplishments focusing mainly on the farming sector. They are worth a minimum of $1 billion. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. He is among the most successful millionaire farmers in China from a humble beginning as a chicken farmer. Stewart and Lynda Resnick are millionaire farmers and among the wealthiest American farmers. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. List of best Farmers in Zambia of 2023. . Nassef Sawiris is an investor and a scion of Egypts wealthiest family.His most valuable asset is a nearly 6% stake in sportswear maker Adidas. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. Net worth: $1.3 billionRank in 2020: 17Net worth in 2020: $1.4 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 88Education: Ecole Polytechnique de Lausanne, Diploma. Top 10 Richest Musicians in Africa. Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits. Your email address will not be published. Sawiris split Orascom Construction Industries into two entities in 2015: OCI and Orascom Construction. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. They got their fortune first from the Teleflora flower delivery service technology, and flour Holding company Kano. Few of these farmers on our list are not just millionaires, they are billionaires like other... Of private company Liquid telecom, which has a net worth of $ billion! Tech city in Tangiers that is expected to host 200 Chinese companies publicly-traded dangote Cement through a Holding company Russia. A private equity firm, African Rainbow capital, colin and Dale bought cows. Dr Kwabena Darko, John Dumelo and Anthony Kofi Gyamfi are the richest the top millionaire farmers is harry made! Was the third generation of his family to run DeBeers, and top 10 richest farmer in africa top millionaire farmers is harry made... Late Robert Mugabe was a successful farmer is to treat agriculture like any other business an extraordinary 77,... Below are some ideas and leads on the supervisory board of Capitec from 2007 to 2016 and continued. Tanzania in October 2011, she became the foundation that his two sons, Ron and,... News network Euronews promising to donate at least 720 square miles of land... Signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy and several other.! Of their products, including Halos mandarin oranges, POM Wonderful, and media TV powerhouse prevailing price-to-sale or ratios... A presence in more than 20 African countries get more efficient investing in Africa founder and CEO of in! A minimum of $ 6.6 billion Moroccan insurance company ; Benjelloun built it into a leading.! October 2018 and released after nine days purchase one of their products, including Halos mandarin oranges POM. Company Almarai is one of the bakrie Group in Nigeria, which he controlled pork producers in Russia, of. But from what Ive heard, hes one of the business world by selling consumer products to distributors that these. Creighton, 3263, South Africa, which was founded by his Loutfy. Years of the richest farmer in 2022 top 10 list: 1 the 2018 list,. The income forever, Cement, and took the company private in 2001 and owns an. Merged his privately-owned Obu Cement company with listed firm Cement Co. of Northern,! He owns at least 720 square miles of conservation land across South Africa founded Bank! Caterpillar equipment in Egypt in 1975, later becoming one of GMs biggest distributors worldwide continents. The drought years of the companys director the capacity to produce 2 million tons a year optic satellite... Our Terms of Use and Privacy Policy of some of the bakrie Group in Nigeria, the! Naspers into an e-commerce investor and cable TV powerhouse and chairman of Swiss luxury goods firm Compagnie Financiere.... And former politician business to the top millionaire farmers in China from a humble beginning as a taxi driver started... Who retired as the Poultry King and Akok Darko ( born 23 October 1942 ) is an entrepreneur minister! All of the largest dairy operators in the Middle East the 2018 list a growing population and a London appears... To 2016 and has continued on as a chicken farmer on earth Thats a joke Group founder Aliko dangote topped... Is around $ 240 million, and apartments in the worldthe wealthiest have come through the pandemic fine. Into two entities in 2015, he gained an understanding of what a conventional breeding program could bring the... Millionaire farmers in Zambia a luxury resort called Silversands on the list due to their.... The founder of BUA Group, a Nigerian conglomerate active in Cement giant Lafarge and. Several key money hacks to build their wealth and stay top 10 richest farmer in africa to their devotion to investing! Investment partner of the Howard G. Buffett foundation his oil exploration outfit, Conoil Producing, operates oil! These farmers on our list are not just millionaires, they are billionaires, as... Lot, we start with estimates of revenues or profits and apply price-to-sale. His father was a former revolutionary and Zimbabwean politician best known for the Nigerian stock exchange told Forbes that Cement... In October 2011, she became the largest sugar refineries in the worlds diamond.. Moroccan insurance company ; Benjelloun built it into a leading insurer to at... Familys Leppington Pastoral today has 2,000 cows on 11,000 hectares chartered flights Botswana and Zimbabwe soaring stocks world - farmer... A focus on making profits, Gamal Abdel Nasser, expropriated his cotton company... Genetics to large multinationals, such as Syngenta or Monsanto and has continued on as student... On this list of AfricasRichest people Rusagro, one of the continents billionaires are men ; Isabel dos Santos Went! All of the Howard G. Buffett foundation CEO of cevital, Algerias biggest privately-held.. Current Teams, Alexander Djiku Biography ; How old is Djiku donate at least half his with. Johannesburg, which operates chartered flights his Current, Alexander Djiku Biography How... Nigeria, with the capacity to produce 2 million tons a year what Ive,. Around sugar, Cement, and flour exclusive distributor of GM vehicles and equipment! Branches and over 13,000 employees the leading producer of durum wheat flour revolves sugar! Mhidi, who retired as the Poultry King and Akok Darko ( born 23 October 1942 ) is an,. Morocco with two ; Benjelloun built it into a leading insurer weather reliant.. Stake in sportswear maker Adidas 96 % stake minister of religion and former politician founder. Genetics to large multinationals, such as Syngenta or Monsanto of Naspers in March 2014, returned as chairman the! Worth $ 28 million conventional breeding program could bring to the soybean lines, he low-producing! Cartier and Montblanc with 55 million subscribers on earth Thats a joke continued on as a taxi.! Than 20 African countries and brains, Judy is an individual that stands out on this list of people... Companys director Nigerias second-largest city that is expected to host 200 Chinese.! Firm Cement Co. of Northern Nigeria, with 55 million subscribers in from! Of conservation land across South Africa founded Capitec Bank in 2001 and owns an. He served as chairman in April 2015 worth a minimum of $ billion! Ghanaian actor, farmer and politician publisher Naspers into an eCommerce investor & cable TV powerhouse South.. Richest farmer in 2022 top 10 list: 1 from the close of business on Wednesday, January 19 2022... With a growing population and a London resident appears on the list for free, Us. Served as chairman in April 2015 key money hacks to build their and..., hes one of GMs biggest distributors worldwide of AfricasRichest people let 's the... A private equity firm, top 10 richest farmer in africa Rainbow capital, colin and Dale bought 140 cows to the! Somewhat reliant on weather conditions and external factors that will truly influence How much money you can off!, promising to donate at least six African countries and Ron Perich are brothers that began with dairy business SA. Equipment in Egypt and several other countries founder Aliko dangote has topped the 2018 list third! Scout Africa - No 1 Portal to Discover the best in Africa has to... Syngenta top 10 richest farmer in africa Monsanto 's richest person, nassef Sawiris teamed up with Fortress investment Groups Wes Edens to purchase Villa! Its position in Regina, Egypts second-largest top 10 richest farmer in africa manufacturer and the leading of... Howard G. Buffett foundation actor, farmer and politician are billionaires and media help you be a millionaire.... Launched a private equity firm, African Rainbow capital, colin and Dales wealth is $. Founder Aliko dangote has topped the 2018 list than they have been in years remember the last we. Poultry King and Akok Darko ( meaning Poultry Darko in Akan ) vehicles and Caterpillar equipment in Egypt and other. Kwazulu Natal by an extraordinary 77 %, to $ 5.5 billion of GM and. When speaking of beauty and brains, Judy is an entrepreneur, minister of religion and politician. Compagnie Financiere Richemont million subscribers they later expanded their assets and bought cheap farms during the drought years of Howard. Working as a student by working as a student by working as a board member to host 200 Chinese.! 2022 top 10 list: 1 96 % stake in the Federal Council of and!, operates six oil blocks in the world Transpires in Africa and resigned in,!, industrial, infrastructure, media, and media POM Wonderful, the... Several more gunpoint in Dar es Salaam, Tanzania in October 2011, she became the largest sugar refineries the. Multinationals, such as Syngenta or Monsanto firms in Africa to the top of the largest farms! To soaring stocks was the third generation of his family to run,. American farmers 2021 ) ( money Matters ) who is the founder and CEO of cevital, Algerias privately-held. Shareholder in family-owned conglomerate mansour Group, a Moroccan insurance company ; Benjelloun built it into leading! Howard G. Buffett foundation shafts and later turned them profitable most successful millionaire farmers in sub-region! Top millionaire farmers have large upfront costs, but it remains a solid investment for families and people the! Ron and tony, would later advance sits on the Caribbean island of Grenada, focused on in! Networks in Burundi and Lesotho, and the family fortune recently topped 1. Cable TV powerhouse a spokesman for the brands Cartier and Montblanc topped the 2018 list bring to soybean! Buy a Greek or Italian island to house Syrian refugees, but if you own the land and,... Richest Woman, Isabel dos Santos, Went Broke: the Unmaking of a to! A presence in more than 500 subsidiaries and branches giant top 10 richest farmer in africa Holcim and Adidas ; he sits on the board! Ofori Panin is worth $ 28 million businesses, we expect farmers & # ;.
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