List of African countries where all the billionaires on the continent come from

List of African countries where all the billionaires on the continent come from
African Billionaire
  • A list of the countries in Africa where all of the continent’s billionaires are from is provided by Business Insider Africa.
  • Forbes and the Africa Wealth Report provided this list.
  • Egypt has the most billionaires, followed by Nigeria, Morocco, and South Africa.

Many people dream of becoming billionaires, but only a few ever achieve this remarkable feat.

Billionaires are frequently viewed as symbols of success and power due to their enormous wealth and power.

However, the fact of the matter is that reaching this level of wealth is extremely uncommon, and not every region of the world can claim to have one.

Although Africa is regarded as a developing continent, the continent’s motherland is home to some of the world’s wealthiest individuals, despite the small number of these individuals. According to the Africa Wealth Report 2023, which the following list is based on and was conducted by Henley & Partners, a total of six African nations house all 22 of the continent’s billionaires; however, the report focuses on specific African nations. As a result, only the continent’s richest nations can claim to have at least one billionaire.

According to Forbes, Strive Masiyiwa, a billionaire from Zimbabwe, lives in another nation. Additionally, 19 billionaires, including Sudanese-born Mo Ibrahim, who is a British citizen, South African Natie Kirsh, who operates out of London, and another billionaire who lives in London, Mohamed Al-Fayed, who is an Egyptian citizen, are exempt from the tax.

As per Forbes list, South Africa has the most tycoons, trailed by Egypt, and afterward Nigeria, and Morocco. The countries on Africa from which every billionaire lives are listed below.

Rank Country Number of Billionaires Billionaires
1. South Africa 7 Natie Kirsh, Johann Peter Rupert, Nicky Oppenheimer, Patrice Motsepe, Michiel Le Roux, Christoffel Wiese, and Koos Bekker
2. Egypt 6 Mohamed Al-Fayed, Nassef Sawiris, Naguib Sawiris, Mohamed Mansour, Youssef Mansour, Yasseen Mansour,
3. Nigeria 3 Aliko Dangote, Abdulsamad Rabiu, Mike Adenuga,
4. Morocco 2 Aziz Akhannouch, Othman Benjelloun
5. Algeria 1 Issad Rebrab
6. Tanzania 1 Mohammed Dewji
7. Zimbabwe 1 Strive Masiyiwa

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