Jose is a Virgo. doubling of oil production to 1.8 million barrels a day. Angola’s richest woman, Isabel Dos Santos is partnering with Sonae, Portugal’s largest retailer, to launch 5 new food hypermarkets in Angola. Nassef Sawiris is a scion of Egypt’s wealthiest family. His luxury car collection include a $500,000 Daimler Chrysler’s flagship Maybach 62. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his expansive telecom holdings in Africa.) Africa’s richest woman Isabel Dos Santos has reportedly made a $1.5 billion bid for Portugal Telecom (PT) SGPS SA, a company that owns a 25.7% stake in the Brazilian telecom operator Oi. Former Egypt President Gamal Abdel Nasser nationalized his father’s original cotton trading business. A statement issued by Isabel dos Santos said the judgment contained “a number of untruths” and that she would fight the decision “by using all the instruments of Angolan and international law at my disposal.”. In 2015, he offered to buy a Greek or Italian island to house Syrian refugees, but Greece and Italy turned him down. Some list members grow richer or poorer within weeks --or days -- of our measurement date. Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. Zimbabwe gets its first billionaire this year: telecom magnate Strive Masiyiwa, who chairs the Econet Group. Mas também há diferenças: é mais fácil um poderoso enriquecer em Angola do que na China. Dos Santos’ fortune has declined to an estimated $2.2 billion, down $100 million from a year ago. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. Her fortune has been established since the early 1990s through her various investments and businesses related to banking, telecom, cement and diamond industries. He has been in office since 9 April 2013 and is one of the richest men in Kenya. I'm a San Francisco-based Assistant Managing Editor with a focus on wealth. 3) Teodoro Obiang Nguema Mbasogo (Equatorial Guinea). The former gets me to use my rusty Spanish and Portuguese. Education: King’s College London, Bachelor of Arts/Science. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his expansive telecom holdings in Africa; Isabel dos Santos, a citizen of Angola, has been living in Europe but retains assets in Angola—although they were recently frozen by a court in Angola.) The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.5% of it. The share price of his homebuilder, Douja Promotion Groupe Addoha, fell about 30% in the past year, pushing his net worth down to $950 million. Jose Eduardo dos Santos (born August 28, 1942) is famous for being world leader. Family holding La Mancha has stakes in Evolution Mining, Endeavour Mining and Golden Star Resources, which operate gold mines in Africa and Australia. That pushed the net worth of Steinhoff's then-chairman Christoffel Wiese below $1 billion on December 7. Akhannouch is Morocco’s Minister of Agriculture and Fisheries and the president of a royalist political party. The education details are not available at this time. Like elsewhere in the world, fortunes in Africa can be volatile, thanks to changes like a new currency. His brother Naguib is also a billionaire. Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Mansour is chairman of family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. In the 2014 budget, parliament allocated $61 million for the King’s annual household budget, while 63 percent of Swazis live on less than $1.25 per day. Dangote is also known as a man of few words. After studying at university in Britain, Masiyiwa worked at ZPTC, Zimbabwe’s phone company. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Isabel dos Santos is the oldest daughter of Angola's longtime former president, Jose Eduardo dos Santos, who stepped down in fall 2017. Last year, South Africa and Egypt tied with 6 billionaires each. According to Forbes, King Mswati III net worth drop from $200 in 2012 to $100 million in 2014. Follow me on Twitter @KerryDolan My email: kdolan[at]forbes[dot] com Tips and story ideas welcome. Mugabe has won many elections, although frequently these have been criticized by outsiders for violating various electoral procedures. Due primarily to the introduction of a new (weaker) currency in Zimbabwe, Strive Masiyiwa’s fortune fell to $1.1 billion from $2.3 billion in January 2019. Africa’s richest woman, Isabel dos Santos, might resign as Chairman of state oil firm Sonangol before Angola’s General Elections in August. Younger brothers Mohamed and Yasseen are also billionaires and part owners of Mansour Group. Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. All Rights Reserved, Reflects change since 5 PM ET of prior trading day. Mansour is a founding member of the American Egyptian Chamber of Commerce. Some list members grow richer or poorer within weeks --or days -- of our measurement date. She owns shares of Portuguese companies, including telecom and cable TV firm Nos SGPS. Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. – Advertisment – Education: University of Wales, Bachelor of Engineering. His brother Nassef is also a billionaire. We'll assume you're ok with this, but you can opt-out if you wish. For the ninth year in a row, Aliko Dangote of Nigeria is the richest person in Africa, worth an estimated $10.1 billion, down from $10.3 billion a year ago amid a slightly lower stock price for his Dangote Cement, his largest holding. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. I'm an editor overseeing Forbes' coverage of the world's wealthiest. His story, however, has not been without failure. The increase in Adidas’ share price alone added nearly $1.5 billion to his fortune since January 2019. The much-heralded oil refinery that Dangote is building in Nigeria is still at least a year away from completion. I edit mostly, but also write about how the richest get wealthy and how they spend their time and their money. He was the third generation of his family to run DeBeers, and took the company private in 2001. Dewji, Tanzania’s only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. In early January the company said it would restate its financial results as far back as 2015 and the share price rebounded enough to put Wiese back in billionaire territory, at least for the moment. 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. He owns a 7% stake in diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding co. based in Luxembourg. Dangote is looking beyond cement –his most valuable asset – and has been investing in a fertilizer production company and a large oil refinery. Zimbabwean President, Robert Mugabe is the longest serving African President. 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. President Jose Eduardo dos Santos of Angola who has been in power for over 34 years is the richest African president. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. Forbes Richest Presidents in Africa: Jose Eduardo dos Santos is the richest President and Teodoro Obiang Nguema Mbasogo with net worth of $600 Million. Isabel dos Santos is nicknamed “the princess” in Angola. Santos’ mother, Tatiana Kukanova, met her father while he was a student in Azerbaijan. Uhuru Muigai Kenyatta son of Kenya’s first President, Jomo Kenyatta, is the fourth and the current President of Kenya. He’s chairman of Orascom TMT Investments, which has stakes in a major asset manager in Egypt and an Italian internet company, among others. His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital. A spokesperson for Isabel told Forbes that she "is an independent business woman and a private investor representing solely her own interests.". EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, As Angola Accuses Billionaire Isabel Dos Santos Of Fraud, Her Empire Begins To Unravel, Angolan Billionaire’s Assets Frozen By Country’s Court Worth Hundreds Of Millions Of Dollars, Best Stories Of The Decade: “Daddy’s Girl: How An African ‘Princess’ Banked $3 Billion In A Country Living On $2 A Day”, Africa's Richest Woman Snubs State Prosecutors, Africa's Richest Woman Loses Diamond Exploration Licenses, Africa's Richest Woman Isabel dos Santos Might Resign From Sonangol, Prominent Journalist Seeks To Remove Angolan President's Daughter Isabel dos Santos As Head Of State Oil Company, Africa's Richest Woman Isabel Dos Santos Proposes Merger Of Millennium, BPI, Africa's Richest Woman Isabel Dos Santos Withdraws Bid For Portugal Telecom, Africa's Richest Woman Isabel Dos Santos Makes Bid For Portugal Telecom, Diamonds For Daddy's Girl: How Angola's Isabel Dos Santos Snared A Swiss Jeweler, Africa's Richest Woman Isabel Dos Santos To Open Retail Business, Angola, Home To Billionaire Isabel Dos Santos, In Numbers. In 1994, he bought low-producing gold mine shafts and later turned them profitable. In 2009 summer, several of his 13 wives reportedly spent over $6 million in a shopping spree.

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