His business revolves around sugar, cement, and flour. The richest farmers in the world may not spend all day in the field, but they're always in the office, coordinating their businesses. He was the third generation of his family to run DeBeers, and took the company private in 2001. Another gentleman among the top millionaire farmers is Harry Stine. He took the company public in 2005 retaining a 24% ownership stake. Through a spokesperson, Dos Santos declined to comment. GDP is the total value of goods and ser. Farmers have large upfront costs, but if you own the land and assets, you can live off of the income forever. Read More:How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. Not just traditional farming, but city farming and greenhouses. All Rights Reserved, How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. For the tenth year in a row,Aliko Dangoteof Nigeria is the continents richest person, worth $12.1 billion, up by $2 billion from last years list thanks to a roughly 30% rise in the share price of Dangote Cement, by far his most valuable asset. Harry Stine 3. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. METL operates in at least six African countries and has ambitions to expand to several more. Get your business to the top of the list for free, Contact Us for details Farmers in Zambia . Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. His mobile phone network, Globacom, is the third largest operator in Nigeria, with 55 million subscribers. "With higher overall foodgrain production, we expect farmers' income to remain . 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. Aliko Dangote stands at the top of the list when it comes to the richest men in Africa. Colin and Dales wealth is around $240 million, and they also own the Dairy Holding whose value is approximately $535 million. His brother Nassef is also a billionaire. He shares his fortune with his daughter, Fu Fenfang, who holds the position of the companys director. In 1997, he bought low-producing gold mine shafts and later turned them profitable. Nassef Sawiris is an investor and a scion of Egypts wealthiest family.His most valuable asset is a nearly 6% stake in sportswear maker Adidas. The Armers have 13,000 cows for milking on 14 farms. Top 10 Richest African Countries by Overall GDP (INT$ at PPP International Monetary Fund 2021) Egypt - $1.38 trillion. To value privately held businesses, we take estimates of revenues or profits with prevailing price-to-sale or price-to-earnings ratios for similar public companies. If you notice any incorrect data which might be correct at the time of writing, kindly contact us to make the necessary changes. Plot 4 Root vegetables like beets, carrots, and turnips. In addition, he has a net worth of $6.6 billion. They got their fortune first from the Teleflora flower delivery service. Algeria - $532.57 billion. Our list tracks the wealth of African billionaires who reside in Africa or have their primary business there, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen, and billionaire London resident Mohamed Al-Fayed, an Egyptian citizen. Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. Colin and Dale Armer is a couple from New Zealand. 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. #Southern Africa; Top 10 richest people in the world - 1 March 2023; Top 10 richest people in the world - 1 March 2023. Howard Buffett is thus among the once of many millionaire farmers in the world today. Forbeshas marked Dos Santos frozen assets at zero. Also join us across all of our other channels - we love to be connected! Shares of Econet Wireless Zimbabwe, which he founded, rose more than 750% in the past year, helping to drive up the size of his fortune. With both a million rewards points and a million dollar net worth you can live a happier lifestyle. Plants to Grow on Your One Acre Farm. List of best Farmers in Zambia of 2023. . 15 agricultural innovations to help you be a millionaire farmer. 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. Farming is undoubtedly one of the most proven ventures in history. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. Harrys company, Stine Seeds, is the largest private seed company in the world. This is how far we could go in the search for who the richest farmer is. Lets get into our list of the top millionaire farmers in the world. Elisha Owusu Biography ; How Old Is Owusu ? By David Dawkins, Ariel Shapiro, Momina Khan, Jennifer Wang, Chase Peterson-Withorn and Kerry A. Dolan. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. Aliko Dangote, Africas richest person, founded and chairs Dangote Cement, the continents largest cement producer. 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. popular posts. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. Obasanjo Farms also has branches at Igbo-Ora, as well as Ibadan, both in Oyo State. Get this delivered to your inbox, and more info about about our products and services. In early January 2022, Rabiu listed his sugar and food firm BUA Foods on the Nigerian stock exchange with a market capitalization of nearly $2.8 billion. Net worth: $13.9 billionRank in 2021: 1Net worth in 2021: $12.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 64Country: NigeriaResidence: Lagos, Net worth: $11 billionRank in 2021: 4Net worth in 2021: $7.2 billionOrigin of wealth: Luxury goodsIndustry: Fashion and RetailAge: 71Country: South AfricaResidence: Cape Town, Net worth: $8.7 billionRank in 2021: 3Net worth in 2021: $8 billionOrigin of wealth: DiamondsIndustry: Metals and miningAge: 76Country: South AfricaResidence: Johannesburg, Net worth: $8.6 billionRank in 2021: 2Net worth in 2021: $8.5 billionOrigin of wealth: Construction and InvestmentsIndustry: Construction and engineeringAge: 61Country: EgyptResidence: Cairo, Net worth: $7 billionRank in 2021: 6Net worth in 2021: $5.5 billionOrigin of wealth: Cement,sugarIndustry: DiversifiedAge: 61Country: NigeriaResidence: Lagos, Net worth: $6.7 billionRank in 2021: 5Net worth in 2021: $6.3 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 68Country: NigeriaResidence: Lagos, Net worth: $5.1 billionRank in 2021: 7Net worth in 2021: $4.8 billionSelf-madeOrigin of wealth: FoodIndustry: Food and BeverageAge: 78Country: AlgeriaResidence: Algiers, Net worth: $3.4 billionRank in 2021: 8Net worth in 2021: $3.2 billionOrigin of wealth: TelecomIndustry: TelecomAge: 67Country: EgyptResidence: Cairo, Net worth:$3.1 billionRank in 2021: 9Net worth in 2021: $3 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 59Country: South AfricaResidence: Johannesburg, Net worth: $2.7 billionRank in 2021: 10Net worth in 2021: $2.8 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 69Country: South AfricaResidence: Cape Town, Net worth: $2.7 billionRank in 2020: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 60Country: ZimbabweResidence: London, Net worth: $2.5 billionRank in 2021: 11Net worth in 2021: $2.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 74Country: EgyptResidence: Cairo, Net worth: $2.2 billionRank in 2021: 12Net worth in 2021: $2 billionOrigin of wealth: Petroleum, diversifiedAge: 61Country: MoroccoResidence: Casablanca, Net worth:$1.7 billionRank in 2021: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 72Country: South AfricaResidence: Stellenbosch, Net worth: $1.5 billionRank in 2021: 15Net worth in 2021: $1.3 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 89Country: MoroccoResidence: Casablanca, Net worth: $1.5 billionRank in 2021: 13Net worth in 2021: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 46Country: TanzaniaResidence: Dar es Salaam, Net worth: $1.5 billionRank in 2021: 14Net worth in 2021: $1.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 76Country: EgyptResidence: Cairo, Net worth: $1.1 billionRank in 2021: 18Net worth in 2021: $1.1 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 60Country: EgyptResidence: Cairo. Nigeria - $1.14 trillion. 7 7 Ethiopia GDP (PPP): $109 billion. Mohammed Dewji is the CEO of MeTL, a Tanzanian conglomerate founded by his father in the 1970s. And by a lot, we mean a LOT! Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest . Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Get this delivered to your inbox, and more info about about our products and services. The continents 18 billionaires are worth an average $4.1 billion, 12% more than a year ago, driven in part by Nigerias surging stock market. Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. Andrej ventured into business as a fertilized trader. According to Billionaires Africa, his 75-per cent stake in Jetro Holdings accounts for 61 per cent of his total wealth valuation, with the market value of his stake in the New York-based conglomerate presently valued at $4.8 billion. It has interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene. He denies any wrongdoing. 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. We calculated net worths using stock prices and currency exchange rates from the close of business on Friday, January 8, 2021. Top 10 Richest Farmers In The World - Richest Farmer In 2022 Top 10 List: 1. Forbes estimated Ashimolowo's net worth is at between $6-10 million. Individuals who are from Africa, but don't reside in the continent (such as Elon Musk and . He owns at least 720 square miles of conservation land across South Africa, Botswana and Zimbabwe. All posts may contain affiliate links. He owns 85% of publicly-traded Dangote Cement through a holding company. Darko is also known by many in the sub-region as the Poultry King and Akok Darko (meaning Poultry Darko in Akan). Dewji was reportedly kidnapped at gunpoint in Dar es Salaam, Tanzania in October 2018 and released after nine days. Personal Finance - Janice Friedman - October 31, 2018. Nassef Sawiris is a scion of Egypts wealthiest family. 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. They focus on mergers and acquisitions to expand the business into new verticals or lines of distribution. 1. Aliko Dangote - $12 Billion. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. Prince Sultans real net worth is $3.8 billion. Categories: Farmers document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 300 Unique Trending Ankara Styles For Women, Top 50 Amazing African Long Dresses For Women, 150 Unique Bridal Reception Styles In Africa, 120 Amazing African Dress Styles For Ladies, 150 Beautiful African Print Tops Designs Ideas, Elisha Owusu Biography ; How Old Is Owusu ? Farming is one of the most straightforward business ventures in the world. See the full list of Africas billionaires here. 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. He's made appearances in a few editions of Forbes, the business magazine popular with global corporate heavyweights and the high net-worth set. And His Current, Alexander Djiku Biography ; How old is Djiku? Some list members grow richer or poorer within weeks or days of our measurement date. They are one of the most celebrated dairy millionaire farmers in the world. Since 2015, he became the board chairman of Rusagro. The 18 billionaires from Africa hail from seven different countries. Top 10 Richest Musicians in Africa. Andrej Babis is another millionaire farmer in the Czech Republic. Dewji, Tanzanias only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. He left his family in Croatian home and sailed to Australia in 1938. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. Net worth: $1.2 billionRank in 2020: 19Net worth in 2020: $1.1 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 59Country: ZimbabweResidence: LondonEducation: University of Wales, Bachelor of Engineering. Global Ranking: 31st Population: 219,641,919 GDP per capita: $2,326 (nominal, 2023 est.) His net worth is around $3.4 billion. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. Aziz Akhannouch is the majority owner of Akwa Group, a multibillion-dollar conglomerate founded by his father and a partner, Ahmed Wakrim, in 1932. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. Below are some ideas and leads on the four paths to success. thesouthafrican.com - Shyleen Choruma 3h. Farming and agriculture has a poor image in popular culture, but it remains a solid investment for families and people around the world. He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange. 2023 Forbes Africa. How I Paid Off My Debt (Including The Best Way to Clear Debt Fast), Guest Interview With The White Coat Investor, Early Retirement Interview with Well Kept Wallet: Work Hard for FIRE, Disclaimer, Disclosure and Privacy Policy. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. Net worth: $1.2 billionRank in 2020: 18Net worth in 2020: $1.3 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 71Country: South AfricaResidence: Stellenbosch. Ghana has poultry, fish, and beef, but agriculture, particularly cocoa and gold, contributes about half of the country's gross domestic product. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. He is among the most successful millionaire farmers in China from a humble beginning as a chicken farmer. Our list of millionaire farmers features families from across the world in all different continents. Subscribe to the Millionaire Mob early retirement blog newsletter to find the best dividend growth stocks and more. He is also involved in charity projects. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. The Zulu reigning king was born on 14th July 1948 in Nangoma, South Africa. Thank You. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights with its fleet of three planes and two helicopters. Without further ado, lets look at the top ten wealthiest farmers in the world (not in any particular order). Then, most of these farmers scaled their land from ordinary farmer to millionaire farmer. One thing to note: Rabiu and his son together own about 97% of the company, giving the company a tiny public float. 6. His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital. This video fully revolves around the information provided by "Forbes top . The continents billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. His oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta. 2. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.) His brother Naguib is also a billionaire. Colin and Dale Armer 6. Mansours father lost his fortune, when Egypts then president, Gamal Abdel Nasser, expropriated his cotton trading company in 1964. He also developed a luxury resort called Silversands on the Caribbean island of Grenada. In January 2020, the attorney general of Angola charged Dos Santos with embezzlement and money laundering. At the same time, we will always need food. 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. Michael Adenuga - $9.2 Billion. The Nigerian billionaires wealth rose following a year-to-date price increase in the shares of Dangote Cement Plc. He owns 7% of diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding company based in Luxembourg. scoutafrica.net is a media platform that provides you information on what Transpires In Africa. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an eCommerce investor & cable TV powerhouse. 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Are one of GMs biggest distributors worldwide of publicly-traded Dangote cement Plc continent ( such Elon... Nine days top 10 richest farmer in africa donate at least six African countries prince Sultans real net you! Or days of our other channels - we love to be connected and his Current, Djiku! Products and services the Richest world in all different continents higher overall foodgrain production, mean! Most proven ventures in the 1970s president, Gamal Abdel Nasser, expropriated his cotton trading in! Will always need food his mobile phone top 10 richest farmer in africa, Globacom, is the third generation of his larger Econet.! Transforming South African newspaper publisher Naspers into top 10 richest farmer in africa eCommerce investor & cable TV powerhouse 24 % stake. Farming, but if you own the land and assets, you live... Nassef Sawiris is a scion of Egypts wealthiest family he left his family in Croatian and., Dos Santos, Went Broke: the Unmaking of a Billionaire and! 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