Africa has some billionaires and then some, and now there are a crop of new billionaires who are seemingly young in age. In this article we are compiling a list of some young billionaires in Africa, who may not fit the exact descriptions in terms of stereotype, however, they have some remarkable journeys to wealth.
They are young, have achieved milestones, are ambitious and have made global impacts. They have varieties of businesses, across different sectors, and are quite very young with a very prospectful future. Though their ages vary, this list is drawn up from the youngest to the oldest
Mohammed Dewji – Overall rank 13th
Mohammed Dewji, 48, is the youngest billionaire in Africa, with a net worth of $1.5 billion. He is the CEO of MeTL Group, a multi-billion-dollar conglomerate that deals in agriculture, manufacturing, and logistics. Dewji is also a philanthropist and social enterprise investor
Patrice Motsepe – Overall rank 9th
Patrice Motsepe, 61, is Africa’s second youngest billionaire, with a net worth of $3.2 billion. He is the chairman of African Rainbow Minerals, a gold, platinum, and iron ore mining firm. His made his fortune from the mining business. Motsepe is also a philanthropist and business investor, with interests in other businesses.
Nassef Sawiris – Overall rank 5th
Nassef Sawiris, 62, is Africa’s third youngest billionaire, having a net worth of $7.3 billion. He is a pioneer in the construction business, and owns one of the largest construction enterprises in the Middle East and North Africa. He is popular for his investments in a different businesses, and sound financial literacy.
Strive Masiyiwa – Overall rank 12th
Strive Masiyiwa, 62, is Africa’s fourth youngest billionaire, with a net worth of $1.9 billion. He is the chairman of Econet Group, a telecommunications firm with operations in several African countries. Masiyiwa is also a philanthropist and social enterprise investor.
Aziz Akhannouch – Overall rank 13th
Aziz Akhannouch, 62, is Africa’s fifth youngest billionaire, having a net worth of $1.5 billion. He is the CEO of Akwa Group, a multi-billion-dollar conglomerate with holdings in petroleum, gas, and renewable energy. Akhannouch is also a philanthropist, and very prominent figure in Morocco.
Yasseen Mansour – Overall rank 18th
Yasseen Mansour, 62, is Africa’s sixth youngest billionaire, with a net worth of $1.1 billion. He is the chairman of the Mansour Group, a conglomerate with retail, automotive, and consumer products operations. Mansour is also a philanthropist and an investor in a range of companies.
Abdulsamad Rabiu – Overall rank 4th
Abdulsamad Rabiu, 63, of Nigeria, is Africa’s seventh youngest billionaire, with a net worth of $7.6 billion. He is the chairman of BUA Group, a cement, sugar, and real estate company. Rabiu is also a philanthropist and business investor.
Aliko Dangote – Overall rank 1st
Aliko Dangote, 66, is ranked first on the list of African billionaires, and the eighth youngest billionaire in Africa, with a net worth of $13.5 billion. He is the chairman of the Dangote Group, a conglomerate with cement, sugar, and flour holdings. Dangote is Africa’s richest man and one of the world’s richest persons.
Naguib Sawiris – – Overall rank 8th
Naguib Sawiris, 69, is Africa’s ninth youngest billionaire, worth $3.3 billion. He is another member of the powerful Sawiris family, and his company, Orascom, has operations in several nations. Sawiris is also a philanthropist and a business investor.
Mike Adenuga – Overall rank 6th
Mike Adenuga, 70, is Africa’s tenth youngest billionaire, with a net worth of $6.3 billion. He is the chairman of Globacom, an African telecommunications business. Adenuga is also a philanthropist and business investor, and he is well-known for his entrepreneurial energy.
It is impressive that Mohammed Dewji at 48 years is the youngest billionaire in this list and the age gap between is very wide. Having more young men in this list is important because of their innovations, ideas, approach to business and their importance to the future of the economy, and most especially their motivational journeys through their achievements.
From this list, one can deduce that there are a few young billionaires in Africa, so that gap needs to be closed. There is a clear social generational gap between billionaires and young people looking to one day become like the, something drastic needs to be done.
| Rank | Name | Age | Networth | Country | Industry |
| 1 | Mohammed Dewji | 48 | $1.5 billion | Tanzania | Diversified |
| 2 | Patrice Motsepe | 61 | $2.3 billion | South Africa | Mining |
| 3 | Nassef Sawiris | 62 | $7 billion | Egypt | Construction and Investments |
| 4 | Strive Masiyiwa | 62 | $1.8 billion | Zimbabwe | Telecom |
| 5 | Aziz Akhannouch | 62 | $1.5 billion | Morocco | Petroleum, Diversified |
| 6 | Yasseen Mansour | 62 | $1.3 billion | Egypt | Diversified |
| 7 | Abdulsamad Rabiu | 63 | $6.9 billion | Nigeria | Cement and Sugar |
| 8 | Aliko Dangote | 66 | $16.3 billion | Nigeria | Diversified |
| 9 | Naguib Sawiris | 69 | $3.3 billion | Egypt | Telecom |
| 10 | Mike Adenuga | 70 | $6.3 billion | Nigeria | Telecom and Oil |
