Meet the 22 African billionaires of 2025: Nigeria claims four, South Africa leads with seven
This reflects the growing private wealth in these countries as businesses scale up and stock markets rally.
Forbes list
Forbes releases 2025 African billionaires list, Elumelu, Danjuma miss out
But while two new faces joined the exclusive club, two notable figures, Nigerian business tycoons Tony Elumelu and Theophilus (TY) Danjuma, were conspicuously absent.
Femi Otedola returns to world’s billionaires list as global billionaire wealth hits $14.2 trillion
With Otedola’s return to the billionaire ranks, Africa now boasts 20 billionaires, up from 19 in 2023 and 18 in 2022.
Nigerian billionaire Aliko Dangote’s net worth dips below $10 billion
The net worth of Nigerian billionaire Aliko Dangote has dipped below the $10-billion mark, according to Forbes.
Forbes list reveals 19 African billionaires, up from 18, despite $3.1-billion wealth dip
African billionaires continue to symbolize the continent’s economic growth.