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Africa’s Billionaires of 2010



African Billionaire

Photo Credit Handout / Handout Getty Images

It must be nice to be Ethiopian Self Made Billionaire, , Africa’s Richest man. His wealth grew by a billion despite the economic downturn. It is that time of year again and Forbes has put together a list of the World’s richest. On it are 11 Africans 4 from one family in Egypt, 4 from South Africa, 1 from Sudan, 1 from Nigeria, and 1 from Ethiopia.

There was 1 new addition to the list this year, , son of Egyptian billionaire, whose other 2 sons are on the list as well. Nigeria did lose a billionaire this year, Femi Otedola who had a bitter disagreement with fellow billionaire last year. Despite some major challenges, Dangote still made it on the list as the 9th richest man in Africa.

Mohammed Al Amoudi

Photo By Hans Berggren

Africa’s Billionaires (No. 1)

  • Name: Mohammed Al Amoudi
  • Net Worth: 10 Billion
  • Origin: Ethiopia
  • Age: 65
  • Fortune: Self Made
  • Source: Oil
  • Education: N/A

    Forbes World Ranking 64

Billionaire Nassef Sawiris

Photo credit AP Photo

Africa’s Billionaires (No. 2)

  • Name:
  • Net Worth: 5.9 Billion
  • Origin: Egypt
  • Age: 48
  • Fortune: Inherited and Growing
  • Source: Construction
  • Education: Bachelor of Science

Forbes World Ranking 127

Nicky Oppenheimer & Family

Photo credit AP Photo

Africa’s Billionaires (No. 3)

  • Name:
  • Net Worth: 5 Billion
  • Origin: South Africa
  • Age: 65
  • Fortune: Inherited
  • Source: Metals and Mining
  • Education: Bachelor of Arts / Science and Master of Arts

Forbes World Ranking 154

Patrick Shoo-Shiong

Photo from Forbes.com

Africa’s Billionaires (No. 4)

  • Name:
  • Net Worth: 5 Billion
  • Origin: South Africa
  • Age: 58
  • Fortune: Self Made
  • Source: Generic Drugs
  • Education: Bachelor of Arts / Science; Medical Doctor

Forbes World Ranking 154



Africa’s Billionaires (No. 5)

  • Name: Onsi Sawiris
  • Net Worth: 3.1 Billion
  • Origin: Egypt
  • Age: 80
  • Fortune: Self Made
  • Source: Construction
  • Education: N/A

Forbes World Ranking 307

Billionaire Sawiris

Photo credit AP Photo

Africa’s Billionaires (No. 6)

  • Name:
  • Net Worth: 2.5 Billion
  • Origin: Egypt
  • Age: 55
  • Fortune: Inherited
  • Source: Telecom
  • Education: Bachelor of Arts / Science; Master of Science

Forbes World Ranking 374


Photo by 2010 FIFA World Cup Organising Committee South Africa/Getty Images

Africa’s Billionaires (No. 7)

  • Name:
  • Net Worth: 2.3 Billion
  • Origin: South Africa
  • Age: 59
  • Fortune: Inherited
  • Source: Luxury Goods
  • Education: Bachelor of Arts / Science

Forbes World Ranking 421

African Billionaire

Photo credit Handout / Handout – Getty Images

Africa’s Billionaires (No. 8)

  • Name:
  • Net Worth: 2.3 Billion
  • Origin: South Africa
  • Age: 48
  • Fortune: Self Made
  • Source: Mining
  • Education: Bachelor of Arts / Science; Doctor of Jurisprudence

Forbes World Ranking 421

Billionaire Pius Utomi

Photo credit PIUS UTOMI EKPEI/AFP/Getty Images

Africa’s Billionaires (No. 9)

  • Name: Aliko Dangote
  • Net Worth: 2.1 Billion
  • Origin: Nigeria
  • Age: 52
  • Fortune: Inherited
  • Source: Sugar, Flour, Cement
  • Education: N/A

Forbes World Ranking 463

Billionaire Sipa Press

Photo Credit Sipa Press/Newscom

Africa’s Billionaires (No. 10)

  • Name: Mohammed Ibrahim
  • Net Worth: 2.1 Billion
  • Origin: Sudan
  • Age: 64
  • Fortune: Self Made
  • Source: Communications
  • Education: Bachelor of Science/Electrical Engineering; Masters/Electrical Engineering

Forbes World Ranking 463

Billionaire Arnd Wiegmann

Arnd Wiegmann / Reuters

Africa’s Billionaires (No. 11)

  • Name: Samih Sawiris
  • Net Worth: 1.5 Billion
  • Origin: Egypt
  • Age: 53
  • Fortune: Inherited
  • Source: Hotels
  • Education: Bachelor of Science/Electrical Engineering; Masters/Electrical Engineering

Forbes World Ranking 655

Facebook Comments



  1. Ralp

    June 12, 2011 at 1:03 pm

    its jus a matter of time but one day it will be me on top position…

  2. ibrahim ahmed from ethiopia

    June 20, 2011 at 11:17 pm

    i wish them to be on top of the worled billionares list.

  3. ibrahim ahmed from ethiopia

    June 20, 2011 at 11:28 pm

    `i wish them to be on top of the worled’s billionaires list.but i recomend them to cntribute their effort in the endeaover threatning hunger in africa.

  4. Laide bello

    June 21, 2011 at 2:36 am

    Pls where do dey put mike Adenuga dt is almost beaten dangote in cash

  5. Jared Machogu

    June 23, 2011 at 3:17 am

    Surprised no Kenyan in this list. What sham

  6. Akansale ayela melvin

    June 23, 2011 at 2:54 pm

    The greatest richest man in Africa is the one that has Christ Jesus

  7. samuel anim

    June 24, 2011 at 4:31 am

    ei: so all these people are in africa, dont worry i will join them very soon so africa be expecting me it wont take long. i love everybody.

  8. George Karikari Apau

    June 27, 2011 at 8:12 am

    hmm nxt tyme u will see me on top

  9. Abdul shirar

    June 29, 2011 at 7:29 pm

    It is a great to have a wealth, but one should use his wealth in a matter that is helpful to the society and the continent as a whole. And if one believes God and The Hereafter he should not forget to pay 2.5% of their wealthy to the neediest people every year.

  10. amir

    July 1, 2011 at 1:31 pm

    go get updated cos your list is so wrong…!!!

  11. idris aloma

    July 7, 2011 at 3:57 pm

    I do happy 4den ooooo, nd I also pray to allah I want to be counted as one of dem, but I never no were to start 4rm!!! Well I believe wit God things ar posible.

  12. Adeleke Emmanuel

    July 14, 2011 at 6:01 am

    Thank God for the life of Billonaires in Africa, but remember some African Country are still poor, i mean Poor..So learn from a person like Bill Gate.

  13. Desire

    July 20, 2011 at 1:34 pm

    It is sad that so many billionaires in AFRICA, and people are dying, women, men and children of hunger every day ! If they all work together,maybe many lives can be safed. They will lose nothing by trying.

  14. edwin ojogo

    July 29, 2011 at 12:51 pm

    thank you for doing us proud dangote

  15. Etienne Sukem

    July 30, 2011 at 1:40 pm

    i thank God for your success and inspiration
    I am one a cameroonian

  16. edwin

    August 1, 2011 at 8:11 am


  17. Goodman

    August 14, 2011 at 12:15 pm

    what dis list in d next 20years, you wil see Goodman Adi as d richest not just in africa bt d world. Watch me rise n shine. Godman

  18. Ethiopian

    August 16, 2011 at 3:31 pm

    The #1 is Ethiopian, haha, we ethiopian are so superior to mankind. Hey, lets not mention that we have the most growing economy in the world, now, 2011. People in the world, give us some time and we will be competing with around the globe.
    The reason we were in poverty and hunger is because at that time we did not have much knowledge of anything. Also in europe, france, 2/3 of the people died because of hunger, why?, the people were uneducated and couldn’t find a sulotion.

    We ethiopian are the father of human kind, we gave birth to all humans.
    So one day we shall not rule the world, but rather, be on the top of the world.

  19. Paulnelson

    August 24, 2011 at 2:18 pm

    I thank God for the African billionaires. The world should watch me out because i’m coming up as soon as they think/

  20. Paulnelson

    August 25, 2011 at 1:45 am

    I thank God for the African billionaires. The world should check out for my name on list of the African billionaire soon

  21. Kalaless

    August 25, 2011 at 10:01 pm

    No kenyan in di list i will be there di next list i know my God will help

  22. yaredo

    October 4, 2011 at 6:54 am

    o ya ya ya!!!!!!!!Alamudin is an Ethiopian hero who works day and night.I hope I and he will make Ethiopia the richest African country.Proud to be citizen of the ever independent country,Ethiopia.

  23. Chris dingdong

    November 18, 2011 at 10:24 am

    In the time of Jesus not every crippled was healed,and not every dead man was brought back to life,save for few who strived,So all you guys cryin foul on how these BILLIONARES live amongst paupers can write your complains in a fullscap n shove them up your broke asses,it aint nobody’s fault that u broke!work hard suckaZ!

    Big up to the men wit Billis!

  24. Pslams

    December 5, 2011 at 7:02 am

    O the depth of the riches both of the wisdom and knowledge of God! God i wait for your promises

  25. Michael

    January 26, 2012 at 9:09 pm

    I knw one day am going to be great! For me to get to the top i hav to walk hander and i cn see my future and my future is bright… Am comin ova there,i wi rich even mr dan then amen.

  26. Charles Manwgwaela

    May 9, 2012 at 3:42 am

    they forgot me by mistake on da list by net worth:0,00020 billion

  27. Pastor Breakthrough Uchenna

    December 1, 2012 at 2:35 pm

    I am richer than this eleven people except any one among them that has Christ. If not . Christ in me, what makes me a trillonair. My account is bigger and continue to grow in Heaven, it will niether got rusted, stolen nor depreciated.

  28. kago mangina

    October 15, 2013 at 2:35 am

    kago mangina from Botswana……watch ama make dat money……10 billion euros……donate half to my people

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