South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. The Hope Group company was one of the largest animal-feed groups in China and one of the largest non-government conglomerates in the country in 1992. The land bank of Rusagro has more than 600,000 ha, and the main assets are in several regions in Russia. Contents [ hide] 10. However, he recently got appointed the CEO and Chairman of the Howard G. Buffett Foundation. Farmers can be somewhat reliant on weather conditions and external factors that will truly influence how much money you can make. Net worth: $12.1 billionRank in 2020: 1Net worth in 2020: $10.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 63Country: NigeriaResidence: LagosEducation: Al-Azhar University, Bachelor of Arts/Science. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. Brazil Vs Ghana ; Where To Watch Friendly Match Between The Top Teams. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. Motsepe benefited from South Africas Black Economic Empowerment (BEE) laws, mandating that companies be at least 26% black-owned to get a government mining license. After serving eight months in jail on charges of corruption, Rebrab was released on January 1, 2020. Aliko Dangote, Africas richest person, founded and chairs Dangote Cement, the continents largest cement producer. Mr.Fu made his fortune through the poultry business. It has interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene. His mobile phone network, Globacom, is the third largest operator in Nigeria, with 55 million subscribers. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an eCommerce investor & cable TV powerhouse. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an e-commerce investor and cable TV powerhouse. In this video, we'll be exploring the top 10 richest countries in Africa based on their Gross Domestic Product (GDP). Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. Ethiopia - $298.57 billion. Your email address will not be published. The continents billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. Prince Sultan Al Kabeer, a member of the Saudi royal family, founded the dairy company Almarai in 1977. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. This video fully revolves around the information provided by "Forbes top . South Africa - $861.93 billion. Plants to Grow on Your One Acre Farm. Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest Ghanaian Farmers in Ghana. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. Read More: The Full List Of Africa's Richest People. They now own a company called the Wonderful Company. 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. In recent years, Rupert has been a vocal opponent of plans to allow fracking in the Karoo, a region of South Africa where he owns land. He is the man behind New Hope Group. Wendy Appelbaum; Wendy Appelbaum is currently the richest women in South Africa. He oversees the consumer goods division, which includes supermarket chain Metro, and sole distribution rights for LOreal in Egypt. Nigeria - $1.14 trillion. Top 10 Richest Farmers In The World - Richest Farmer In 2022 Top 10 List: 1. He formed East Hope Group Company in the early 1990s after an amicable business split from his brothers. Net worth: $2.5 billionRank in 2020: 7Net worth in 2020: $3.3 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 72Country: EgyptResidence: CairoEducation: Auburn University, Master of Business Administration. What millionaire farmers do you know? From Bernard Parker, Itumeleng Khune, Teko Modise, and more, here's a list of top 10 rich soccer players in SA and their net worths. In January 2020, the attorney general of Angola charged Dos Santos with embezzlement and money laundering. He oversees the consumer goods division, which includes supermarket chain Metro, and sole distribution rights for LOreal in Egypt. 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. The company product range includes frozen chicken products for the food manufacturing industry, wholesale meat markets, and other markets as well. In order to accumulate wealth, you need to own something. It is not without cycles, however. The company is best known for the brands Cartier and Montblanc. He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam Exchange. Millionaire Mob is an early retirement blog focused on passive income, personal finance, dividend growth investing and travel hacking. Andrej Babis is another millionaire farmer in the Czech Republic. His brothers Mohamed and Youssef are also billionaires and part owners of Mansour Group. They started as farmers, but grew into much more than that. 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. Mohammed Dewji is the CEO of MeTL, a Tanzanian conglomerate founded by his father in the 1970s. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. 3, worth an estimated $8.7 billion. All posts may contain affiliate links. This is another that had to make it into our list of top 10 richest families in Kenya. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. Farming is one of the most straightforward business ventures in the world. Naspers sold a 2% stake in Tencent in 2018; in April 2021 Prosus sold nearly $15 billion worth of Tencent, taking its stake to 29%. Categories: Farmers Creighton Farmers Agency Address: 13 Main St, Creighton, 3263, South Africa, Kwazulu Natal. What can you farm on 1 acre? Elisha Owusu Biography ; How Old Is Owusu ? When speaking of beauty and brains, Judy is an individual that stands out on this list of richest women in South Africa. He is also involved in charity projects. thesouthafrican.com - Shyleen Choruma 3h. At the same time, we will always need food. The best 10 Farmers 2023 Farmers Get your business to the top of the list for free, Contact Us for details Farmers Farmers World Address: Champhira, Malawi, Malawi. Successful farmers always have the highest yielding equipment and continue to reinvest into their business. Rupert says his biggest regret was not buying half of Gucci when he had the opportunity to do so for just $175 million. Mansour Group is the sole franchisee of McDonalds in Egypt, as well as the distributor of Gauloises cigarettes. Africas billionaires are richer than they have been in years. 2023/2024 Scout Africa - No 1 Portal To Discover The Best In Africa. Aliko Dangote, Africa's richest person, founded and chairs Dangote Cement, the continent's largest cement producer. Plot 1 - Potatoes or sweet potatoes. Read Top 10 Richest People in Kenya. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. He is followed by Nicky Oppenheimer, with a net worth of $7.6 billion, down from $8 billion the previous year. Nigerian billionaire Aliko Dangote retains position as Africa's richest man for eleventh year in row Hot News Nigerian energy tycoon Michael J. Prest wins legal victory in Caribbean island of Nevis Prest is the founder of BONI, an international bank offering private and wealth management services. Farming is undoubtedly one of the most proven ventures in history. Harry Stine made his fortune by licensing corn and soybean genetics to large multinationals, such as Syngenta or Monsanto. Remarkably, shares of his BUA Cement PLC, which listed on the Nigeria Stock Exchange in January 2020, have doubled in value in the past year. He grew up on the family property in Dallas County, Iowa. It will be one of the tallest buildings in Africa. We need food now more than ever before. Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest . and His Current Teams. Dangotes grandfather was a successful trader of rice and oats in Kano, Nigerias second-largest city. Naguib Sawiris is a scion of Egypts wealthiest family. Stewart and Lynda Resnick 1. 5. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. 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. He made his first million at age 26 selling lace and distributing soft drinks. They got their fortune first from the Teleflora flower delivery service. Adenuga, Nigerias second richest man, built his fortune in telecom and oil production. (Forbes discounts the values of stakes when the public float is less than 5%.). The pandemic has a lot to do with this . After studying at university in Britain, Masiyiwa worked at ZPTC, Zimbabwes phone company. Save my name, email, and website in this browser for the next time I comment. Vadim Moshkovich net worth is $2.3 billion. The Perich brothers have since expanded into property development, and the family fortune recently topped $1 billion. Sawiris helped found The Free Egyptians, a liberal political party, at the onset of Egypts uprisings in 2011. Blairo Maggi 4. If you notice any incorrect data which might be correct at the time of writing, kindly contact us to make the necessary changes. He owns 30% of OCI, a Geleen, Netherlands-based fertilizer producer which was formed out of a demerger from his family's original business, Orascom Construction. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. The continent's billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. Dewji, Tanzanias only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. 1 | NIGERIA - THE RICHEST COUNTRY IN AFRICA (GDP: $504.203 Billion) GDP: $504.203 Billion (nominal, 2023 est.) Mansour is a founding member of the American Egyptian Chamber of Commerce. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. In early January 2020, Rabiu merged his privately-owned Obu Cement company with listed firm Cement Co. of Northern Nigeria, which he controlled. Osagyefuo Nana Amoatia Ofori Panin is worth $28 million. 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. Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Oppenheimer is a sports fan and plays squash, golf and cricket. Aliko Dangote owns sub-Saharan Africa's biggest cement producer, Dangote Cement, which had revenue of 891.7 billion Naira ($2.5 billion) in 2019. Pastor Enoch Adeboye - Net Worth $130 million. Kiernan Jarry who is popularly known as AKA is a rapper, record producer, singer as well as and entrepreneur. An ideal tip on how to become a successful farmer is to treat agriculture like any other business. While some got richer by the billions, two from the 2020 list of Africas richest dropped below the $1 billion mark. Rabiu, the son of a businessman, inherited land from his father. If you are trying to become a rich farmer or a successful farmer, there are a few guidelines for success. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. Money; List-Worthy . A more than 60% surge in the share price of his luxury goods firm Compagnie Financiere Richemont maker of Cartier watches and Montblanc pens pushed his fortune to $11 billion, up from $7.2 billion a year ago, making him the biggest gainer on the list. Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. Mr. Liu was once a technical school tutor until 1982 when he quit and began a bicycles business together with his three brothers. He owns 85% of publicly-traded Dangote Cement through a holding company. He left his family in Croatian home and sailed to Australia in 1938. Get your business to the top of the list for free, Contact Us for details Farmers in Zambia . He shares his fortune with his daughter, Fu Fenfang, who holds the position of the companys director. This is how far we could go in the search for who the richest farmer is. With little financial support from his father, Howard managed to rank among the topmost agriculture millionaires. His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital. Lets get into our list of the top millionaire farmers in the world. Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. Harrys found some unusual soybean plants in one of the company fields which piqued his interest in research and seed breeding. The 18 billionaires from Africa hail from seven different countries. Moshkovich spent close to eight years in the Federal Council of Russia and resigned in 2014. Younger brothers Mohamed and Yasseen are also billionaires and part owners of Mansour Group. All Rights Reserved, How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. 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. Having started with zero capital, Colin and Dale bought 140 cows to share the farm with a focus on making profits. He led Naspers to pay a reported $34 million for a third of Chinese Internet firm Tencent Holdings in 2001 perhaps the greatest venture investment ever. 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. In 2016, he launched a private equity firm, African Rainbow Capital, focused on investing in Africa. He is also a businessman and a politician, born on October 1959. For 85 years until 2012, the Oppenheimer family occupied a controlling spot in the worlds diamond trade. In early January 2020, Rabiu merged his privately-owned Obu Cement company with listed firm Cement Co. of Northern Nigeria, which he controlled. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Without further ado, let's look at the top ten wealthiest farmers in the world (not in any particular order). The two brothers began developing their dairy operation around 40 years ago. His wealth is approximately $200 million. He owns the largest privately owned agro-industrial concern in Ghana and is listed in "Who's Who in World Poultry". Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange. Then, most of these farmers scaled their land from ordinary farmer to millionaire farmer. Here are several millionaire farmers that have built wealth by following their plan and growing their agriculture business. Colin and Dales wealth is around $240 million, and they also own the Dairy Holding whose value is approximately $535 million. Net worth: $1.6 billionRank in 2020: 16Net worth in 2020: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 45Country: TanzaniaResidence: Dar es Salaam. To value privately held businesses, we take estimates of revenues or profits with prevailing price-to-sale or price-to-earnings ratios for similar public companies. Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. 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 . Farming and agriculture has a poor image in popular culture, but it remains a solid investment for families and people around the world. It sold a 2% stake in Tencent in March 2018, its first time reducing its holding, but stated at the time it would not sell again for three years. However, these millionaire farmers have isolated their businesses away from weather reliant products. Net worth: $4.8 billionRank in 2020: 6Net worth: $4.4 billionSelf-madeOrigin of wealth: FoodIndustry: Food and beverageAge: 77Country: AlgeriaResidence: Algiers. (Video) Top 10 Richest Farmers in the World (2021) (Money Matters) Who is the richest farmer in SA? Net worth: $8.5 billionRank in 2020: 2Net worth in 2020: $8 billionOrigin of wealth: Construction, chemicalsIndustry: Construction and engineeringAge: 59Country: EgyptResidence: CairoEducation: University of Chicago, Bachelor of Arts/Science. Matthew Ashimolowo is a Nigerian clergyman, the senior pastor of Kingsway International Christian Centre (KICC) in London. Howard Buffett 3. 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. Not only is Ethiopia one of Africa's wealthiest countries, it's also steeped in history. It also has interests in sugar, salt, oil, fertiliser and packaged food. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. He owns the largest privately owned agro-industrial concern in Ghana and is listed in Whos Who in World Poultry. 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. Colin and Dale Armer 6. As of the time of writing, the Nigerian billionaire businessman is ranked 64th on the global billionaires index. These are the top 10 richest people and Billionaires from Africa in the year 2023.. 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 bank, which trades on the Johannesburg Stock Exchange, targets South Africas emerging middle class. Philip Ndegwa Family. 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. Ranked #96, Aliko Dangote got off to a great start in 2022, adding about $950 million to his fortune since the year began. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.) His brother Naguib is also a billionaire. Thank You. Global Ranking: 31st Population: 219,641,919 GDP per capita: $2,326 (nominal, 2023 est.) Buffett has traveled to over 130 different countries around the world. Id love to hear from you. Top 10 Richest African Countries by Overall GDP (INT$ at PPP International Monetary Fund 2021) Egypt - $1.38 trillion. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. He made his first million at age 26 selling lace and distributing soft drinks. Nearly half of all Americans today purchase one of their products, including Halos mandarin oranges, POM Wonderful, and Fiji Water. The Zulu reigning king was born on 14th July 1948 in Nangoma, South Africa. Since 2015, he became the board chairman of Rusagro. Besides the dairy farms, Prince Sultan Al Kabeer also owns a stud farm outside of Riyadh, where he trains approximately 100 horses. 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 [] In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a contracting business doing mine scut work. Akhannouch was appointed prime minister of Morocco in September 2021. In 2018, there was a record of 23 African billionaires on the list. Aliko Dangote, who has held the top spot as Africa's wealthiest person for 11 years, remains at the top of the list with a net worth of $9.6 billion, down from $10.6 billion the previous year. Cevital helped finance a biopic on Algerian resistance hero Larbi Ben Mhidi, who was executed by the French in 1957. 2023 Forbes Africa. Our newsletter gives you access to a curated selection of the most important stories daily. Former Egypt President Gamal Abdel Nasser nationalized his fathers original cotton trading business. With a net worth of $12 million, Kiernan Jarry, a South African rapper is currently the richest rapper in Africa. Altogether, the 18 billionaires from Africa this year are worth $73.8 billion, slightly more than the $73.4 billion aggregate worth of the 20 billionaires on last years list of Africas richest people. The two millionaire farmers have a net worth of $4 billion. Harry Stine He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. Who are the Richest Farmers In Ghana ? Itumeleng Khune, Bernard Parker, Teko Modise and Siphiwe . His other assets include stakes in mobile phone networks in Burundi and Lesotho, and investments in fintech and power distribution firms in Africa. He also owns a Michelin-starred restaurant on the French Riviera. He is chairman of Orascom TMT Investments, which has stakes in an asset manager in Egypt and Italian internet company Italiaonline, among others. Disclaimer:As much as we try to update the information database on daily basis. The Howard G. Buffett Foundation supports projects in the areas of agriculture, water, conservation, nutrition, humanitarian, and conflict/unaccompanied persons. 4) Natie Kirsh (South Africa) $7.67 billion. He and his son retained a 96% stake in the company. 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. And His Current Teams, Alexander Djiku Biography ; How old is Djiku? The richest farmers in the world may not spend all day in the field, but they're always in the office, coordinating their businesses. Your email address will not be published. Im bullish on farming for years to come. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. See full address and map. 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And his Current Teams, Alexander Djiku Biography ; how old is Djiku Australia in 1938 age! Read more: the Unmaking of a businessman and a politician, born on October.... Johannesburg, which provides fiber optic and satellite services to telecom firms across Africa you notice any data. Soybean plants in one of their products, industrial, infrastructure, Media, sports! 1990S after an amicable business split from his father, Howard managed to rank among the topmost agriculture millionaires royal!, 3263, South Africa, Kwazulu Natal information provided by & quot Forbes! After an amicable business split from his father, Howard managed to rank among the topmost millionaires! Current Teams, Alexander Djiku Biography ; how old is Djiku richest person, founded and chairs Cement... Mba at Pace University in Britain, Masiyiwa worked at ZPTC, phone... Value is top 10 richest farmer in africa $ 535 million soaring stocks scaled their land from ordinary farmer to millionaire farmer with million... 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The largest sugar refineries in the worlds diamond trade owns about an %... A student by working as a taxi driver and money laundering oats in Kano, second! Use and Privacy Policy, contact us for details farmers in the company product includes.