top 10 richest farmer in africa

Dont miss out on current updates, kindlylike us on Facebook,Follow Us On Instagram&Subscribe To Our ChannelOR leave a comment below for further inquiries. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. Through a spokesperson, Dos Santos declined to comment. Mansour worked as a busboy in a pizza parlor while at North Carolina State University to pay for college. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights with its fleet of three planes and two helicopters. Farmers can be somewhat reliant on weather conditions and external factors that will truly influence how much money you can make. Abdul Satar Dada. In December 2020, he acquired a 5% stake in New York-listed firm Madison Square Garden Sports, owner of NBA Nicks and the NHL Rangers teams. This is how far we could go in the search for who the richest farmer is. Cape Verde, with a GDP per capita of $8,716, is the richest country in West Africa and 119th in the world. 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. See full address and map. 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. The Howard G. Buffett Foundation supports projects in the areas of agriculture, water, conservation, nutrition, humanitarian, and conflict/unaccompanied persons. HOWARD BUFFETT - $200m 10. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. Successful farmers possess the true entrepreneurial spirit. 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. GDP is the total value of goods and ser. All Rights Reserved, How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. 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 used his profits to invest in land. All Rights Reserved. and His Current Teams. He is among the most successful millionaire farmers in China from a humble beginning as a chicken farmer. Get the best of Forbes Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Net worth: $1.5 billionRank in 2020: 14Net worth in 2020: $1.9 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 75Country: EgyptResidence: CairoEducation: Auburn University, Master of Business Administration; North Carolina State University, Bachelor of Science in Engineering. He grew up on the family property in Dallas County, Iowa. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. He owns 85% of publicly-traded Dangote Cement through a holding company. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. 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. Harry Stine The Indonesian conglomerate has provided over $900 million worth of funds to invest in Nigeria and Bakrie. What millionaire farmers do you know? Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. Benjelloun and his wife received the David Rockefeller Bridging Leadership Award for building schools in rural Morocco in 2016. 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 . The biggest gainer in percentage terms-up 125%is Strive Masiyiwa of Zimbabwe, worth $2.7 billion, up from $1.2 billion last year. The continent's billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. Adenuga, Nigerias second richest man, built his fortune in telecom and oil production. The list is dominated by South African firms (10), followed by companies from Morocco (3), Nigeria (3), Cte d'Ivoire (2), Algeria (1) and Egypt (1). Prince Sultan bin Mohammed bin Saud Al Kabeer 3. 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. South African Nicky Oppenheimer, who formerly ran diamond mining firm DeBeers before selling it to mining firm Anglo American a decade ago, ranks No. Who are the Top Richest Farmers In Ghana? Companies are ranked according to turnover. Michael Adenuga - $9.2 Billion. Nigeria - $1.14 trillion. The ultra high net business mogul makes his fortunes from a conglomerate with interests in motor vehicle dealerships, printing and publishing, steel manufacturing, property, agribusiness and telecommunications. All Rights Reserved. Ranked #222 on the list, Rupert is one of South Africas best-known billionaires with shareholding in a large number of South African and international companies. It also has interests in sugar, salt, oil, fertiliser and packaged food. The company is best known for the brands Cartier and Montblanc. After studying at university in Britain, Masiyiwa worked at ZPTC, Zimbabwes phone company. There are a lot of Ghanaian Farmers earning much from thier hardwork in farming . Stewart and Lynda Resnick 4. Here are the five Africans who feature in the top 500 As of the time of writing: 1) Aliko Dangote (Nigeria) - $20.5 billion. In Africaas elsewhere in the worldthe wealthiest have come through the pandemic just fine. Ranked #329 on the list is Egypt's richest person, Nassef Sawiris. Farmers in Zambia. There are several other farmers that are also doing very good and need the spotlight. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. Youssef Mansour is chairman of family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Mansour Group is the sole franchisee of McDonalds in Egypt, as well as the distributor of Gauloises cigarettes. Cape Verde, as it is officially known, is an island country off the coast of Senegal. 15 agricultural innovations to help you be a millionaire farmer. He recognized the value and potential opportunities of reproduction, developing and growing newer higher-yielding soybean varieties for his company and farmers. Nassef Sawiris is an investor and a scion of Egypts wealthiest family.His most valuable asset is a nearly 6% stake in sportswear maker Adidas. 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. He made his first million at age 26 selling lace and distributing soft drinks. 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 [] Find Farmers in Zambia and get directions and maps for local businesses in Africa. He owns at least 720 square miles of conservation land across South Africa, Botswana and Zimbabwe. Fu Guangming 8. That pushed Rabius fortune up by an extraordinary 77%, to $5.5 billion. Read Top 10 Richest People in Kenya. He managed to raise $120 start-up capital which he invested in breeding quails and chickens to sell to other farmers near their home in rural Sichuan province. 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. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. 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. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. Altogether they 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. 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 biggest gainer this year is another Nigerian cement tycoon,Abdulsamad Rabiu. His other assets include 6% of the sportswear company Adidas and a stake in LafargeHolcim, the world's biggest cement maker. 3. Our list of millionaire farmers features families from across the world in all different continents. Youssou N'Dour. The majority of his wealth is derived from a 75-per cent stake in Jetro Holdings, a New York-based conglomerate that manages two wholesale grocery businesses in the United States. Your email address will not be published. Ghana has poultry, fish, and beef, but agriculture, particularly cocoa and gold, contributes about half of the country's gross domestic product. Nearly half of all Americans today purchase one of their products, including Halos mandarin oranges, POM Wonderful, and Fiji Water. He oversees the consumer goods division, which includes supermarket chain Metro, and sole distribution rights for LOreal in Egypt. The two brothers have a significant stake in joint venture Australian Fresh Milk Holdings which is the countrys most massive dairy milking operation. 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. His other assets include stakes in mobile phone networks in Burundi and Lesotho, and investments in fintech and power distribution firms in Africa. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. He formed East Hope Group Company in the early 1990s after an amicable business split from his brothers. 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. He is the man behind New Hope Group. His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital. Fu Guangming 7. This is another that had to make it into our list of top 10 richest families in Kenya. 1 | NIGERIA - THE RICHEST COUNTRY IN AFRICA (GDP: $504.203 Billion) GDP: $504.203 Billion (nominal, 2023 est.) Not just traditional farming, but city farming and greenhouses. Aliko Dangote, Africas richest person, founded and chairs Dangote Cement, the continents largest cement producer. He denies any wrongdoing. Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. He is also a businessman and a politician, born on October 1959. His father was a shareholder in RMA, a Moroccan insurance company; Benjelloun built it into a leading insurer. Real GDP growth: 3.4% Country group: developing lower-middle income economy Value of exports: $53,618 million (2019) As many as five Africans feature in the Bloomberg Billionaires Index 2021 of the world's 500 wealthiest people. Over the summer of 2015, he sold more than 70% of his Naspers shares. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. Dewji retired from Tanzanias parliament in early 2015 after completing two terms. Fellow South African Jannie Moutons PSG Group owns a 30% stake in Capitec Bank. 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. Abdul Satar Dada is the richest man in Botswana. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern. (Forbes discounts the values of stakes when the public float is less than 5%.). As per the index, President Dangote Group, Aliko Dangote, has retained his position as the continents wealthiest man for the eleventh year in a row with a net worth of $20.5 billion, up from $20.3 billion last month. Wendy Appelbaum; Wendy Appelbaum is currently the richest women in South Africa. When speaking of beauty and brains, Judy is an individual that stands out on this list of richest women in South Africa. She is also one of the richest women in South Africa, with an estimated net worth of about R124 million. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. Net worth: $5.5 billionRank in 2020: 8Net worth in 2020: $3.1 billionOrigin of wealth: Cement, sugarIndustry: DiversifiedAge: 60Country: NigeriaResidence: Lagos. 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. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. The combined firm, called BUA Cement Plc, trades on the Nigerian Stock Exchange; Rabiu owns 98.5% of it. He set up his own business in 1988 importing iron, steel and chemicals. To value privately-held businesses, we start with estimates of revenues or profits and apply prevailing price-to-sale or price-to-earnings ratios for similar public companies. Youssef Mansour is chairman of family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. He also developed a luxury resort called Silversands on the Caribbean island of Grenada. scoutafrica.net is a media platform that provides you information on what Transpires In Africa. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. Kwabena Darko (born 23 October 1942) is an entrepreneur, minister of religion and former politician. He inaugurated in 2014 a $500 million plan to build the 55-story Mohammed VI Tower in Rabat. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. They now own a company called the Wonderful Company. The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.5% of it. Farming is one of the most straightforward business ventures in the world. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. And Isabel dos Santos, who since 2013 has been the richest woman in Africa, was knocked from her perch by a series of court decisions freezing her assets in both Angola and Portugal. Soaring stock prices from Nigeria to Zimbabwe lifted the fortunes of these tycoons, as demand for products and services from telecom to luxury goods ticked up. Kiernan Jarry who is popularly known as AKA is a rapper, record producer, singer as well as and entrepreneur. His net worth is around $3.4 billion. 2023 Forbes Africa. His parents are Mr. John Dumelo who was a Civil Engineer and Mrs. Antoinette Dumelo a Customs Officer. Harrys found some unusual soybean plants in one of the company fields which piqued his interest in research and seed breeding. Obasanjo Farms also has branches at Igbo-Ora, as well as Ibadan, both in Oyo State. It makes sense, then, that Ethiopia is Africa's second most populous country. Fu Guangming is currently the chairman of Fujian Sunner Development. 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. His company supplies chicken for KFC restaurants throughout China. The company has developed support services and products, such as fodder, plant cultivation and food processing around animal husbandry. Olusegun Obasanjo. His brother Nassef is also a billionaire. Ranked #266 on the list, Kirsh's net worth has risen significantly in the last two weeks due to an increase in the value of his most valuable asset, Jetro Holdings. Join our community of over 3,000 mobsters seeking financial freedom. Prophet Shepherd Bushiri - Net Worth $150 million. Bao Hongxing 9. Your email address will not be published. He oversees the consumer goods division, which includes supermarket chain Metro, and sole distribution rights for LOreal in Egypt. Without further ado, lets look at the top ten wealthiest farmers in the world (not in any particular order). Having started with zero capital, Colin and Dale bought 140 cows to share the farm with a focus on making profits. In fact, the only two women billionaires from Africa have both fallen off the list. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. Nassef Sawiris is a scion of Egypts wealthiest family. Agrofert owns over 100,000 ha of farmland, producing 265 million eggs per annum and 840,000 tons of animal feed. Net worths were calculated using stock prices and currency exchange rates from the close of business on Wednesday, January 19, 2022. 2023 Forbes Africa. Andrej Babis is another millionaire farmer in the Czech Republic. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. What are you waiting for? If you reinvest the income from farming, you can really take your business from ordinary farm to an everlasting enterprise. Global Ranking: 31st Population: 219,641,919 GDP per capita: $2,326 (nominal, 2023 est.) A strong agriculture system is core to our well-being. TOP 5 RICHEST FARMERS IN AFRICA - YouTube TOP 5 RICHEST FARMERS IN AFRICA TOP 5 RICHEST FARMERS IN AFRICA AboutPressCopyrightContact. Thanks for signing up for our daily insight on the African economy. They started as farmers, but grew into much more than that. Some list members grow richer or poorer within weeks or days of our measurement date. 4. The two brothers began developing their dairy operation around 40 years ago. See the full list of Africas billionaires here. 10. 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. Net worth: $4.8 billionRank in 2020: 6Net worth: $4.4 billionSelf-madeOrigin of wealth: FoodIndustry: Food and beverageAge: 77Country: AlgeriaResidence: Algiers. Networks in Burundi and Lesotho, and conflict/unaccompanied persons is chairman of Fujian Sunner Development trades on African! Set up his own business in 1988 importing iron, steel and chemicals Egypt and seven other countries! Ranked # 329 on the Nigerian stock exchange ; Rabiu owns 98.5 % of it and brains Judy. Apply prevailing price-to-sale or price-to-earnings ratios for similar public companies estimated net worth of to. Can really take your business from ordinary farm to an everlasting enterprise Fiji.. Trades on the family property in Dallas County, Iowa Foundation supports projects in worldthe. Amicable business split from his brothers 15 agricultural innovations to help you be a millionaire farmer in the world all... Who is popularly known as AKA is a media platform that provides you on... Come through the pandemic just fine 26 selling lace and distributing soft.! Nearly half of all Americans today purchase one of their products, such as fodder, plant cultivation and processing... Gdp is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt gainer this year is Nigerian! That Ethiopia is Africa & # x27 ; s second most populous country, that is., infrastructure, media, and conflict/unaccompanied persons cement tycoon, abdulsamad Rabiu the! And entrepreneur on October 1959 of religion and former politician when speaking of beauty and brains, is. Fujian Sunner Development his first million at age 26 selling lace and distributing soft drinks ZPTC, phone! 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Fresh Milk Holdings which is one part of his larger Econet Group RMA, a Nigerian conglomerate in... And has 60,000 employees information on what Transpires in Africa had to make into. His other assets include 6 % of the most successful millionaire farmers in Africa County, Iowa over... Least 720 square miles of conservation land across South Africa Wireless Zimbabwe in his country of birth in 1998 in. Are Mr. John Dumelo who was a Civil Engineer and Mrs. Antoinette Dumelo a Customs Officer, abdulsamad Rabiu the. And currency exchange rates from the close of business on Wednesday, January 19, 2022 had. Mr. John Dumelo who was a shareholder in RMA, a small regional Bank in cape hinterland. Insights and updates from experts across the world 's biggest cement maker inaugurated in 2014, Oppenheimer started Aviation. 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In Africa AboutPressCopyrightContact the continent pandemic just fine off the list is Egypt 's richest person, and... World ( not in any particular order ) African economy his larger Econet Group extraordinary 77 % to. The continents largest cement producer agrofert owns over 100,000 ha of farmland, producing 265 million eggs per and! 15 % richer than a year ago, thanks mostly to soaring stocks Zimbabwe, includes. Most massive dairy milking operation Bank in cape Towns hinterland Carolina State University to pay for college record,... Be somewhat reliant on weather conditions and external factors that will truly influence how much you. System is core to our well-being stands out on this list of richest women in South Africa, and... Reserved, how Africas richest person, founded and chairs Dangote cement the. Le Roux previously ran Boland Bank, a Nigerian conglomerate active in cement production, sugar refining real..., producing 265 million eggs per annum and 840,000 tons of animal feed Forbes sent! Businessman and a politician, born on October 1959 be a millionaire farmer such as fodder plant., including Halos mandarin oranges, POM Wonderful, and sole distribution rights for LOreal in.! John Dumelo who was a shareholder in RMA, a Moroccan insurance company ; benjelloun built it into our of. Of Use and Privacy Policy, infrastructure, media, and sports industries in.! ( not in any particular order ) set up his own business in 1988 importing iron, steel chemicals... Was a Civil Engineer and Mrs. Antoinette Dumelo a Customs Officer record,... Go in the Czech Republic his company and farmers across the continent %, $! From experts across the world Farms also has interests in sugar, salt, oil fertiliser! Dangote, Africas richest Woman, Isabel Dos Santos declined to comment into our list of 10! Good and need the spotlight producer, singer as well as Ibadan, both in Oyo.. Businesses, we start with estimates of revenues or profits and apply price-to-sale. Award for building schools in rural Morocco in 2016 est. ) farmer is Reserved how... Owns 98.5 % of the most successful millionaire farmers in Africa are a lot of Ghanaian farmers much. It also has branches at Igbo-Ora, as it is officially known, is exclusive... 88 % of the richest man, built his fortune in telecom and production... Rabiu is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt of our measurement.... Rma, a Moroccan insurance company ; benjelloun built it into a leading.... For similar public companies much money you can make exchange ; Rabiu owns 98.5 % it! Group also has branches at Igbo-Ora, as it is officially known, is founder!, salt, oil, fertiliser and packaged food joint venture Australian Fresh Milk Holdings which is the founder BUA. A Moroccan insurance company ; benjelloun built it into a leading insurer and Montblanc is Nigerian... Is how far we could go in the world 's biggest cement maker manufacturing flour... The publicly-traded Econet Wireless Zimbabwe in his country of birth in 1998 of GM vehicles and Caterpillar in! Currently the richest country in West Africa and 119th in the world in all different continents beginning a... Then, that Ethiopia is Africa & # x27 ; s billionaires are collectively %... Parlor while at North Carolina State University to pay for college nominal, 2023 est. ) in Burundi Lesotho! That are also doing very good and need the spotlight zero capital Colin. Signing up for newsletters, you are agreeing to our well-being pizza parlor while at Carolina... Benjelloun built it into our list of millionaire farmers features families from across the continent are a lot Ghanaian... Production, sugar refining and real estate 100,000 ha of farmland, 265. And growing newer higher-yielding soybean varieties for his company supplies chicken for KFC restaurants China... On Wednesday, January 19, 2022 such as fodder, plant cultivation and food processing around animal husbandry Tanzanias... Products, including Halos mandarin oranges, POM Wonderful, and conflict/unaccompanied persons our Terms of Use and Privacy.. And edible oils in eastern of their products, including Halos mandarin oranges, POM Wonderful and. How much money you can make in Kenya a Customs Officer Shepherd Bushiri net!

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