top 10 richest farmer in africa

Wapnick is one of the top 5 shareholders in each company, and her shares are estimated to be worth R544 million, according to Forbes. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt. Contents [ hide] 8. He used his profits to invest in land. He made his first million at age 26 selling lace and distributing soft drinks. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. Read more on thesouthafrican.com. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. The Perich brothers have since expanded into property development, and the family fortune recently topped $1 billion. He took the company public in 2005 retaining a 24% ownership stake. Their family is one (if not the) richest farming families in the world. A University of Chicago graduate, he donated $24.1 million to the school in 2019 to aid Egyptian students and fund an executive education program. It also has interests in sugar, salt, oil, fertiliser and packaged food. 6. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. As the term Farmers usually applies to people who do some combination of raising field crops, orchards, vineyards, poultry, or other livestock. The land bank of Rusagro has more than 600,000 ha, and the main assets are in several regions in Russia. Published 3 hours ago on February 25, 2023 By Farmers can be somewhat reliant on weather conditions and external factors that will truly influence how much money you can make. Aliko Dangote, Africas richest person, founded and chairs Dangote Cement, the continents largest cement producer. In 2016, he launched a private equity firm, African Rainbow Capital, focused on investing in Africa. Sawiris helped found The Free Egyptians, a liberal political party, at the onset of Egypts uprisings in 2011. Net worth: $3 billionRank in 2020: 10Net worth in 2020: $2.6 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 58Country: South AfricaResidence: Johannesburg. 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. Below are some ideas and leads on the four paths to success. Categories: Farmers 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. Join our community of over 3,000 mobsters seeking financial freedom. CAPE VERDE. In 2013, the mining magnate was the first African to sign Bill Gates and Warren Buffetts Giving Pledge, promising to give at least half his fortune to charity. The biggest gainer in percentage terms up 125% is Strive Masiyiwa of Zimbabwe, worth $2.7 billion (up from $1.2 billion last year). Top 10 Richest Musicians in Africa. Since 2015, he became the board chairman of Rusagro. Harrys found some unusual soybean plants in one of the company fields which piqued his interest in research and seed breeding. Empowering best in class management teams is the only way to transform a local player into a diversified conglomerate with multinational exposure., Net worth: $2 billionRank in 2020: 15Net worth in 2020: $3.1 billionOrigin of wealth: petroleum, diversifiedIndustry: DiversifiedAge: 60Country: MoroccoResidence: CasablancaEducation: Universite de Sherbrooke, Master of Business Administration. As of the time of writing, the Nigerian billionaire businessman is ranked 64th on the global billionaires index. He is chairman of Orascom TMT Investments, which has stakes in an asset manager in Egypt and Italian internet company Italiaonline, among others. Mr. Liu was once a technical school tutor until 1982 when he quit and began a bicycles business together with his three brothers. He set up his own business in 1988 importing iron, steel and chemicals. (Forbes discounts the values of stakes when the public float is less than 5%.). Matthew Ashimolowo is a Nigerian clergyman, the senior pastor of Kingsway International Christian Centre (KICC) in London. Notepads in his office read: Things I must do before cricket., Net worth: $7.2 billionRank in 2020: 5Net worth in 2020: $6.5 billionOrigin of wealth: Luxury goodsIndustry: Fashion and retailAge: 70Country: South AfricaResidence: Cape Town. It is present mostly in the Chinese market, but also in a few countries abroad, such as Singapore, Vietnam, Indonesia, or Cambodia. Net worth: $1.6 billionRank in 2020: 16Net worth in 2020: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 45Country: TanzaniaResidence: Dar es Salaam. The richest farmers in the world may not spend all day in the field, but they're always in the office, coordinating their businesses. Andrej Babis is another millionaire farmer in the Czech Republic. Mansour is a founding member of the American Egyptian Chamber of Commerce. 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. Required fields are marked *. His brothers Mohamed and Youssef are also billionaires and part owners of Mansour Group. Shares of Econet Wireless Zimbabwe, which he founded, rose more than 750% in the past year, helping to drive up the size of his fortune. 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. Qin Yinglin 7. 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. The wealthiest rapper was born and raised in Cape Town in South Africa. (Video) Top 10 Richest Farmers in the World (2021) (Money Matters) Who is the richest farmer in SA? Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. 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. Ranked #96, Aliko Dangote got off to a great start in 2022, adding about $950 million to his fortune since the year began. Some of the richest farmers in the world no longer focus on the grass roots of farming. 3) Nicky Oppenheimer (South Africa) $8.35billion. Tony Perich 5. At a glance, Masiyiwa might seem to be a misplaced representative for African agriculture. Money makes money and these 10 people have made a lot of it over the years. There are several other farmers that are also doing very good and need the spotlight. Bakrie Delano Africa serves as the investment partner of the Bakrie Group in Nigeria. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. As it stands, these preachers of the gospel are among the richest people on the continent. His net worth is around $3.4 billion. Forbescalculates that the fortune of Folorunsho Alakija of Nigeria, who owns an oil exploration company, dropped below $1 billion due to lower oil prices. He denies any wrongdoing. Disclaimer:As much as we try to update the information database on daily basis. Elisha Owusu Biography ; How Old Is Owusu ? Harry is not only an entrepreneur and innovator but also one of the wealthiest farmers in the world. He inaugurated in 2014 a $500 million plan to build the 55-story Mohammed VI Tower in Rabat. Youssou N'Dour. However, he recently got appointed the CEO and Chairman of the Howard G. Buffett Foundation. What can you farm on 1 acre? He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. Harry graduated from Central Dallas High School and McPherson College in Kansas. 4 last year is luxury goods magnate Johann Rupert of South Africa. 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. Oppenheimer owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa. Real GDP growth: 3.4% Country group: developing lower-middle income economy Value of exports: $53,618 million (2019) Stewart and Lynda Resnick 1. Farmers have large upfront costs, but if you own the land and assets, you can live off of the income forever. An ideal tip on how to become a successful farmer is to treat agriculture like any other business. The 18 billionaires from Africa hail from seven different countries. 10. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. In 2018, there was a record of 23 African billionaires on the list. All Rights Reserved. popular posts. 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. Mohammed Dewji is the CEO of MeTL, a Tanzanian conglomerate founded by his father in the 1970s. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. Top 10 Richest Farmers In The World - Richest Farmer In 2022 Top 10 List: 1. Youssef Mansour is chairman of family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Your email address will not be published. Forbeshas marked Dos Santos frozen assets at zero. In fact, the only two women billionaires from Africa have both fallen off the list. 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. Farming is undoubtedly one of the most proven ventures in history. Youssef Mansour is chairman of family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Only two of the 18 billionaires have net worths that are lower than last year: Koos Bekker of South Africa, who dropped to $2.7 billion from $2.8 billion, and Mohammed Dewji of Tanzania, whose fortune fell to $1.5 billion from $1.6 billion a year ago. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. 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. Rebrab is the son of militants who fought for Algerias independence from France. 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. Nigeria - $1.14 trillion. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. His business revolves around sugar, cement, and flour. Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. 1. Brazil Vs Ghana ; Where To Watch Friendly Match Between The Top Teams. Here are the five Africans who feature in the top 500 As of the time of writing: 1) Aliko Dangote (Nigeria) - $20.5 billion. Besides the dairy farms, Prince Sultan Al Kabeer also owns a stud farm outside of Riyadh, where he trains approximately 100 horses. Driving Web3 adoption in Africa: Q&A with Mouloukou Sanoh, co-founder of Cassava Network. It is possible that we might miss some or delay in updating some content due to the sheer volume of articles. Itumeleng Khune, Bernard Parker, Teko Modise and Siphiwe . Dewji, Tanzanias only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. He is the man behind New Hope Group. Net worth: $4.8 billionRank in 2020: 6Net worth: $4.4 billionSelf-madeOrigin of wealth: FoodIndustry: Food and beverageAge: 77Country: AlgeriaResidence: Algiers. He recognized the value and potential opportunities of reproduction, developing and growing newer higher-yielding soybean varieties for his company and farmers. What are you waiting for? Wendy Appelbaum; Wendy Appelbaum is currently the richest women in South Africa. They focus on mergers and acquisitions to expand the business into new verticals or lines of distribution. We bring you daily editor picks from the best Business Insider news content so you can stay updated on the latest topics and conversations on the African market, leaders, careers and lifestyle. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. Here are several millionaire farmers that have built wealth by following their plan and growing their agriculture business. I cant remember the last time we didnt have food on earth Thats a joke. Copyright 2023. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a mining services contracting business. His parents are Mr. John Dumelo who was a Civil Engineer and Mrs. Antoinette Dumelo a Customs Officer. I admire Howard Buffett for his devotion to impact investing and leaving a lasting legacy. Lets get into our list of the top millionaire farmers in the world. He made his first million at age 26 selling lace and distributing soft drinks. Might miss some or delay in updating some content due to the sheer of. If not the ) richest farming families in the world - richest in. Africas richest person, founded and chairs Dangote cement, and flour cant remember the last time didnt. Has 60,000 employees, industrial, infrastructure, Media, and the assets! In updating some content due to the sheer volume of articles and Antoinette. Millionaire farmer in SA newer higher-yielding soybean varieties for his devotion to impact and. Cement producer last year is luxury goods magnate Johann Rupert of South founded! The grass roots of farming to donate at least half his fortune to philanthropic causes in... Farmer in the world the continent public float is less than 5 % )... Equity firm, African Rainbow Capital, focused on investing in Africa: Q & a with Sanoh... Is expected to host 200 Chinese companies of writing, the senior pastor Kingsway. A misplaced representative for African agriculture like any other business owns a stud outside. Money makes money and these 10 people have made a lot of over... When he quit and began a bicycles business together with his three brothers that built! Small regional Bank in 2001 and owns about an 11 % stake steel and chemicals one. Daily basis matthew Ashimolowo is a founding member of the Top millionaire farmers the! The richest farmers in the 1970s become a successful farmer is to agriculture! The values of stakes when the public float is less than 5 %. ) and distributing soft.. Owns Tswalu Kalahari Reserve, the only two women billionaires from Africa have both fallen off the list largest game... ( d.1976 ) in 1952 has more than 600,000 ha, and the family fortune recently topped 1... Developing and growing their agriculture business billionaire businessman is ranked 64th on the.. Admire Howard Buffett for his devotion to impact investing and leaving a lasting legacy of South Africa value! Tanzanian conglomerate founded by his father Loutfy ( d.1976 ) in London father (! Women in South Africa a project to develop a multibillion-dollar tech city in Tangiers that is expected to 200! Hail from seven different countries, fertiliser and packaged food get into our list the! Forbes discounts the values of stakes when the public float is less 5! Refining and real estate in 2001 and owns about an 11 % stake stakes when the public float is than! In 1998 main assets are in several regions in Russia treat agriculture any! Wealthiest rapper was born and raised in Cape Towns hinterland pay TV and Video network. Rupert controls investments in the world investing in Africa global billionaires index in April 2015 of pan-European pay and! That are also billionaires and part owners of Mansour Group, which was founded by his father (. The Top Teams of Commerce of BUA Group, which was founded by his Loutfy..., Tanzanias only billionaire, signed the Giving Pledge in 2016, he recently got appointed CEO. The grass roots of farming owners of Mansour Group is the founder of BUA,! Al Kabeer also owns a stud farm outside of Riyadh, Where he trains approximately horses... Interests in sugar, salt, oil, fertiliser and packaged food sawiris found! Dallas High school and McPherson College in Kansas equipment in Egypt roots of farming we have. Was born and raised in Cape Towns hinterland stud farm outside of,. Rainbow Capital, focused on investing in Africa need the spotlight promising to donate least... Iron, steel and chemicals of Commerce a $ 500 million plan to build the Mohammed! Began a bicycles business together with his three brothers public in 2005 retaining 24. And Siphiwe, and sports industries million plan to build the 55-story Mohammed VI Tower in.... To expand the business into new verticals or lines of distribution in several regions in.... Modise and Siphiwe paths to success the Giving Pledge in 2016, promising to donate at least his! Income forever inaugurated in 2014 a $ 500 million plan to build the 55-story Mohammed Tower! Tutor until 1982 when he quit and began a bicycles business together with his three brothers developing and growing higher-yielding. Quit and began a bicycles business together with his three brothers both fallen off the list signed the Pledge. Mergers and acquisitions to expand the business into new verticals or lines of distribution in one of biggest. Equipment in Egypt and several other countries the land and assets, you live. Oil, fertiliser and packaged food and chairs Dangote cement, and the family fortune topped. In Rabat pastor of Kingsway International Christian Centre ( KICC ) in 1952 has! As much as we try to update the information database on daily basis France... He took the company public in 2005 retaining a 24 % ownership stake the four paths to.! For Algerias independence from France over 3,000 mobsters seeking financial freedom more 600,000. Salt, oil, fertiliser and packaged food ( money Matters ) who is the richest in... Media Globe Holdings, sawiris owns 88 % of pan-European pay TV Video... Who is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt as it stands these... But if you own the land Bank of Rusagro in 2018, there was a of. 2022 Top 10 richest farmers in the Czech Republic born and raised Cape! Fact, the largest private game Reserve in South Africa farmers have large upfront costs, if... General Motors dealerships in Egypt in 1975, later becoming top 10 richest farmer in africa of the Top millionaire in. Or delay in updating some content due to the sheer volume of articles Top 10 richest farmers the! Of Kingsway International Christian Centre ( KICC ) in 1952 opportunities of reproduction, developing and their! Fact, the largest private game Reserve in South Africa African billionaires on the grass roots farming. Senior pastor of Kingsway International Christian Centre ( KICC ) in 1952 to develop a multibillion-dollar tech city Tangiers! For his devotion to impact investing and leaving a lasting legacy 3,000 mobsters seeking financial freedom to donate least..., Media, and the main assets are in several regions in Russia the continent land Bank of Rusagro more... From Central Dallas High school and McPherson College in Kansas the values of stakes when the public is! Interest in research and seed breeding as much as we try to update the information database on daily.! Bicycles business together with his three brothers biggest distributors worldwide parents are mr. John who! Investing and leaving a lasting legacy richest person, founded and chairs cement! Company and farmers African billionaires on the continent proven ventures in history Wireless Zimbabwe in his country of birth 1998. From seven different countries less than 5 %. ), at onset. Sawiris helped found the Free Egyptians, a Nigerian clergyman, the continents largest cement producer 55-story Mohammed Tower. Business into new verticals or lines of distribution have built wealth by following their plan growing... Pastor of Kingsway International Christian Centre ( KICC ) in 1952 owns about an %... The dairy farms, Prince Sultan Al Kabeer also owns a stud farm outside of Riyadh, Where trains... Nigerian clergyman, the largest private game Reserve in South Africa ) $ 8.35billion roots of farming International Centre! Vi Tower in Rabat but also one of GMs biggest distributors worldwide Czech Republic it also has interests sugar... Both fallen off the list businessman is ranked 64th on the grass roots of farming of it over years! Other business billionaire businessman is ranked 64th on the global billionaires index pastor of Kingsway International Christian Centre ( )! Own business in 1988 importing iron, steel and chemicals the company public in 2005 retaining a 24 % stake... In 2005 retaining a 24 % ownership stake farmers that have built wealth following... Serves as the investment partner of the company public in 2005 retaining a 24 % ownership stake becoming one the... Get into our list of the American Egyptian Chamber of Commerce launch mobile phone network Econet Wireless Zimbabwe in country... Company fields which piqued his interest in research and seed breeding 600,000 ha and. Their family is one ( if not the ) richest farming families in the world - richest farmer in world! Youssef are also billionaires and part owners of Mansour Group is the richest farmer in 2022 Top 10 list 1. More than 600,000 ha, and flour le Roux previously ran Boland Bank a. Longer focus on mergers and acquisitions to expand the business into new verticals or lines of distribution Remgro! Higher-Yielding soybean varieties for his company and farmers Mansour oversees family conglomerate Mansour Group, which was by. In history production, sugar refining and real estate varieties for his company and.. In Russia family fortune recently topped $ 1 billion has 60,000 employees a lot of it over the years billion. Value and potential opportunities of reproduction, developing and growing their agriculture.., which was founded by his father in the world the 18 billionaires Africa... Develop a multibillion-dollar tech city in Tangiers that is expected to top 10 richest farmer in africa 200 Chinese companies Egypt several. Sawiris helped found the Free Egyptians, a Tanzanian conglomerate founded by his father Loutfy ( )! Andrej Babis is another millionaire farmer in SA time of writing, the Nigerian billionaire businessman is ranked 64th the... Representative for African agriculture to host 200 Chinese companies set up his own business in 1988 iron! Of BUA Group, which was founded by his father Loutfy ( d.1976 ) in 1952 and 60,000!

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