Full List: Dangote leads Nigeria’s four-man entry on Forbes Africa billionaires list

n n

Aliko Dangote

n

Nigeria’s Aliko Dangote has retained his position as Africa’s richest person, topping the Forbes 2026 Africa Billionaires ranking with an estimated fortune of $28.5 billion, as the continent’s wealthiest individuals collectively added more than $20 billion to their net worth over the past year.

n

The latest Forbes ranking, released on Monday, shows that Africa’s 23-member billionaire club is now worth a combined $126.7 billion, representing a 21 per cent jump from 2025, driven by stronger equity markets and improving currency stability across several African economies.

n

Dangote’s wealth was boosted by a sharp rise in Dangote Cement shares, which surged following the company’s record profits in 2025. South African luxury goods tycoon Johann Rupert ranked second with $16.1 billion.

n

Nigeria’s Abdulsamad Rabiu was the list’s standout performer, climbing to third position after recording the biggest gain among all 23 billionaires. His fortune surged by 120 per cent to $11.2 billion, powered by the exceptional performance of BUA Cement shares during the year.

n

Nigeria maintained a strong presence on the ranking with four billionaires — Dangote, Rabiu, Mike Adenuga with $6.5 billion, and Femi Otedola with $1.3 billion — placing the country third behind South Africa, which leads with seven billionaires, and Egypt with five. Morocco followed with three.

n

Of the 23 billionaires on the list, 14 are self-made. Notably, no woman features on the ranking.

n

Forbes attributed the overall wealth increase to improved investor confidence across major African markets and stronger regional currencies over the past year.

n

Below is the full Forbes 2026 Africa Billionaires list and estimated net worth:

n

n
• Aliko Dangote – $28.5bn (Diversified)
n
• Johann Rupert & family – $16.1bn (Fashion & Retail)
n
• Abdulsamad Rabiu – $11.2bn (Diversified)
n
• Nicky Oppenheimer & family – $10.6bn (Metals & Mining)
n
• Nassef Sawiris – $9.6bn (Construction & Engineering)
n
• Mike Adenuga – $6.5bn (Diversified)
n
• Naguib Sawiris – $5.6bn (Telecom)
n
• Patrice Motsepe – $4.3bn (Metals & Mining)
n
• Mohamed Mansour – $4bn (Diversified)
n
• Michiel Le Roux – $3.8bn (Finance & Investments)
n
• Koos Bekker – $3.6bn (Media & Entertainment)
n
• Issad Rebrab & family – $3.6bn (Food & Beverage)
n
• Jannie Mouton & family – $2.7bn (Finance & Investments)
n
• Mohammed Dewji – $2.1bn (Diversified)
n
• Strive Masiyiwa – $2.1bn (Telecom)
n
• Christoffel Wiese – $1.9bn (Fashion & Retail)
n
• Youssef Mansour – $1.8bn (Diversified)
n
• Othman Benjelloun & family – $1.7bn (Finance & Investments)
n
• Aziz Akhannouch & family – $1.6bn (Diversified)
n
• Yasseen Mansour – $1.4bn (Diversified)
n
• Samih Sawiris – $1.4bn (Service)
n
• Femi Otedola – $1.3bn (Diversified)
n
• Anas Sefrioui & family – $1.3bn (Real Estate)
n

n n