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Africa’s Billionaires of 2010




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 loose 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.

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

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

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

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

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

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


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

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

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. Emmanuel Jackson Ogbenjuwa

    February 24, 2011 at 10:51 am

    As for me, They are Great Men which have inspired me…..By the Grace of God I will be like them some Day…..aiyt.

  2. Senge Dauda

    February 26, 2011 at 4:39 am

    Watch Out ! ! ! I will soon join them

  3. haruna gariel usman

    February 27, 2011 at 4:43 pm

    keep it up aliko dangote make us proud am comin there soon 2 rep.niga 4 life!!

  4. Kome

    February 27, 2011 at 10:37 pm

    Much respect.

  5. james anye nka

    March 1, 2011 at 11:58 am


  6. Sanuth

    March 3, 2011 at 12:31 pm

    Count me. I dey come ooo. I want collect money 4rm babalajo about 10m

  7. molope

    March 4, 2011 at 3:49 am

    props to the richest and to top it all he aint college educated… 1 thng thats alwys true is tht u only need 1 gud idea 2 make it thats ol

  8. jj-billionaire killer

    March 5, 2011 at 5:10 am

    can i freaking have just nje – 1 million dollar from sawiris or siwiris or swiss swiiss swisss

  9. Lateef

    March 8, 2011 at 3:36 am

    I corroborate the fact that billionaires are the greediest people on earth; especially in the case of my country(Nigeria).It is people like them that would not not make our railways function properly because they own all the trucks; they are the same ones that would put us in darkness just because they make heavy income from importing generators, these same people would not make our texile industry work because they are the sole importer of used clothes from abroad!! May God save us from the hands of the billionaires very soon.
    Sincerely, I don’t envy them at all just because millions are not benefitting from their ill-gotten wealth.

  10. john kirogo

    March 8, 2011 at 4:54 am

    am on my way to the top watch out men.

  11. ghislain shotsha

    March 8, 2011 at 5:23 am

    my name is ghislain shotsha i’m just suprising of the richests man from africa they got money but africa people still waiting help from overseas countries why?they can make big meeting then put money together to developpe africa but if they dies to day the barieds them with that money?only to be called “boss”but is not enough!they must all about africa our land we can not hope always the overseas countries there is war ,there hunger,there is hungry etc….god bless them for all they doing and selling our blood to get money.

  12. chima[nigeria]

    March 10, 2011 at 5:24 am

    only one nigerian,don’t u count stolen money?oh thats why otherwise we will occupy the top ten list.

  13. obim azuka linus(vilinazgc)

    March 10, 2011 at 8:00 am

    ana m abia…ebe onye oso ruru,onye ije ga eru ebe afu, gakwa nu ya…GBA M.

  14. Brown Ofoeme

    March 10, 2011 at 9:39 am

    My name is omitted. I should be included cos am rich in Christ Jesus

  15. Dayan Tembo

    March 11, 2011 at 9:48 am

    Congrats dangote last year No. 9 this year on top keep it up next year be among the american. No Zambian not even getting closer.

  16. njery

    March 13, 2011 at 1:47 pm

    waw! i’ll be on board so soon

  17. Alex

    March 14, 2011 at 9:19 pm

    I Congratulated the billonires b/s i will be there soon.

  18. Nazee Naseedi

    March 15, 2011 at 7:18 am

    Keep on rocking our dear father Alhaji Aliko Dangote

  19. petronella

    March 18, 2011 at 7:21 am

    count me in ,i will join the list soon

  20. michael

    March 20, 2011 at 3:31 pm

    good for them,but if they are billonaires with out changin or affecting lifes on the street,if also they can not teach people on how to make it.mike,nigeria.

  21. Chris Osagie

    March 21, 2011 at 4:16 am

    They have all worked hard to become notable billionaires both those that are self made and those that inherited their wealth. My investment is growing rapidly and my wealth will soon be heard in all nations, i will soon be among the first 5 richest men on earth. Tanx!

  22. Bankole

    March 21, 2011 at 12:36 pm

    Nigeria newspaper gave us info dat Dangote is d number 1 richest man in Africa. why Conflicting info?

  23. nzeribe leo

    March 23, 2011 at 1:18 am

    All should put in plenty of hard work and dedication for you to gain such feet or level
    We admire you guys cos we shall be learning from your good buiness ideas.
    Look forwaed to meeting any of you for further talks on the way forward.
    Keep it up

  24. Asiimwe Gideon

    March 23, 2011 at 6:22 am

    its good to have fobes in Africa but where are the Ugandans? are they not on the continent.weak up guys count me next 20 years. bye…………

  25. Mbongiseni Dlamini

    March 24, 2011 at 7:19 am

    Well done,u have made us proud as Afriacan’s may the Amighty God bless u as you are now seper roll models to all of us..

  26. Mbriggs

    March 24, 2011 at 12:49 pm

    I wil be no.1 in our tym.so be it.insha Allah

  27. george morara akuma

    March 24, 2011 at 9:22 pm

    to bad no Kenyan makes the list.hope to make the list in the very near future so help me God

  28. david

    March 25, 2011 at 1:47 pm

    una dey make money abi, we others dey suffer aldo,u no send de oh but ur pikin wey u wan leave am 4 go misuse am,no matter wat,no b im work hard 4 d money,oh i forgot,how much u put 4 kanu heart oundation?u selfish,unscrupulous faggts. um um if u no wan die wickedly make u help the needy oh….infact wey ABACHA?

  29. Lindi

    March 25, 2011 at 10:10 am

    I’am one of the female billionaires pity my nam no on the list,

  30. Aypomping,am bi 9ja boy

    March 30, 2011 at 3:06 pm

    All can’t b a billionaire,if it is good4me also it’s gud4 9ja,cz nigeria start 4rm me.my praya is dat,me and my family must have(1)cash in hand(2)live confortably(3)gud health&peace of mind.proudly Nigerian,no matter what

  31. hamdane

    April 1, 2011 at 5:01 am

    i just want to advice them to thank almighty god who made them what there are now by helping poor and needy people and who ever does so will surely rewarded and we can imagine how big gods reward are

  32. Godswill Abbey

    April 4, 2011 at 3:43 am

    its gud to have men lyk dis in dis continent,God has bless dem i pray dat God shuld bless me 1 day.

  33. Anangisye Mwamondwe

    April 6, 2011 at 1:26 pm

    Am proud for these guys; representing Africa on the world billionaires’ list ‘working very hard with the hope of joining these guys in future! hahahaha! Business for real!’

  34. Dera

    April 10, 2011 at 2:31 am

    Very soon i wil b added as d youngest billon

  35. sabata

    April 11, 2011 at 4:14 pm

    Me too,put me in 100 times meaning 100 billion

  36. panford acheampong

    April 18, 2011 at 2:17 am

    All these billionaires and what do we get as ordinary africans? POVERTY!!!!!!!!!!!!!!!!!!

  37. maimuna

    April 19, 2011 at 1:15 am

    i like the same number of their families ie 3 children and below


    April 21, 2011 at 6:06 am


  39. given wilondja

    April 22, 2011 at 7:44 am

    glory to God,
    i am working undergroung on hiv vaccin, i ll be counted among my fellow billionaires soon once i am done

  40. Moses

    April 23, 2011 at 12:57 am

    Am a Ghanaian. And all am saying is the listing is not correct. Our brother the Nigerian , Mr Aliko Dangote is the richest man in Africa. dont argue. From the FORBES listing. Thank you. Ghana.

  41. Don Jee

    April 23, 2011 at 2:49 pm

    So happy to be a Nigerian,the giant of Africa and my brother Aliko Dangote,pray that God will grant us our heart desire.

  42. sabato Dennis

    May 4, 2011 at 12:13 pm

    it’s good to b rich in this world, one day i will b a very rich man too.God bless all the rich men in the world most especially in mama africa.i’m Liberian, living in Monrovia congotown.May God blessed us all to get rich.

  43. adebowale rasaq B

    May 5, 2011 at 4:35 am


  44. smooth

    May 5, 2011 at 8:47 pm

    being the richest man should not be measured by money but by giving out and making a change in others life.spread the love….

  45. smooth

    May 5, 2011 at 8:54 pm

    watch out another Ethiopian is rising to inducted in the billionaires club just at 32years of age he will make headlines sooner than you think….just give him a year or so,Ethiopia will have 2 billionaires next year.


    May 6, 2011 at 8:13 pm

    what about Paul Biya of Cameroon, who have stollen all sohnara money for more than 28 years

  47. GOMBA

    May 8, 2011 at 3:00 am

    Really proud of Dangote, at the rate he is going he’ll soon be among the first five.
    keep it up, Dan! and remember to carry others along, the more the merrier.
    Better for Nija to have twenty Billionairs on the list than to have one with the wealth of twenty. Will be joining you guys in a bit.

  48. skhumbuzo

    May 9, 2011 at 7:39 am

    i’l be the one in ten years time

  49. Fuduh-Fuduh

    May 12, 2011 at 1:46 am

    Give you less than 2 decades from now, and my surname will top the list. Watch out for my boys& girl filling up a thin gap that I left to reach the peak.

  50. Abeiku Okai

    May 31, 2011 at 12:55 am

    We should nt jxt drm of being part of d list bt also ask d story behind their wealth. They did nt achieve on silver platter. Even those who inherited have to struggle in maintenance of d wealth. Do u kip ur penny and do nt jxt spend? Do u hav mor than 1 financial outlet? Do u beliv n trust in ur God n urself? Then u ar already on d list jxt as I am.

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