Some list members grow richer or poorer within weeks or days of our measurement date. Dont miss out on current updates, kindlylike us on Facebook,Follow Us On Instagram&Subscribe To Our ChannelOR leave a comment below for further inquiries. The bank has more than 800 branches and over 13,000 employees. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. Farming is one of the most straightforward business ventures in the world. Kenya - $269.29 billion. And His Current Teams, Alexander Djiku Biography ; How old is Djiku? Since the beginning of the year, his net worth has increased by over $200 million, thanks to the revaluation of his private equity assets held through Stockdale Street and Tana Africa Capital. Prince Sultan bin Mohammed bin Saud Al Kabeer 3. Oppenheimer is a sports fan and plays squash, golf and cricket. In 2013, the mining magnate was the first African to sign Bill Gates and Warren Buffetts Giving Pledge, promising to give at least half his fortune to charity. Farming also requires the formulation of proper strategies and keeping of accounts of the business cash flows. Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange. Bishop David Oyedepo -Net Worth $150 million. With a net worth of $12 million, Kiernan Jarry, a South African rapper is currently the richest rapper in Africa. Nearly half of all Americans today purchase one of their products, including Halos mandarin oranges, POM Wonderful, and Fiji Water. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. He bought 900 chickens, a 3-piece acre of land for US $50 and inApril 1966Darko Farms & Company was founded. What can you farm on 1 acre? 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. Geena Bhai Patel 8. In addition, he has a net worth of $6.6 billion. Liu and his brothers are millionaire farmers and made it to the top wealthiest farmers list by focusing mostly on the agriculture and animal husbandry sector. CAPE VERDE. He is also a businessman and a politician, born on October 1959. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an e-commerce investor and cable TV powerhouse. Harry Stine made his fortune by licensing corn and soybean genetics to large multinationals, such as Syngenta or Monsanto. Through a spokesperson, Dos Santos declined to comment. Categories: Farmers Successful farmers dont always have to be rich farmers. His own empire conflates telecommunications, technology, and media. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. The 18 billionaires from Africa hail from seven different countries. Stine Seeds has created some of the most genetically robust soybean seeds. Net worth: $4.8 billionRank in 2020: 6Net worth: $4.4 billionSelf-madeOrigin of wealth: FoodIndustry: Food and beverageAge: 77Country: AlgeriaResidence: Algiers. Brazil Vs Ghana ; Where To Watch Friendly Match Between The Top Teams. From Bernard Parker, Itumeleng Khune, Teko Modise, and more, here's a list of top 10 rich soccer players in SA and their net worths. Pastor Matthew Ashimolowo -$10 million. Nigerian billionaire Aliko Dangote retains position as Africa's richest man for eleventh year in row Hot News Nigerian energy tycoon Michael J. Prest wins legal victory in Caribbean island of Nevis Prest is the founder of BONI, an international bank offering private and wealth management services. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. All Rights Reserved. Younger brothers Mohamed and Yasseen are also billionaires and part owners of Mansour Group. scoutafrica.net is a media platform that provides you information on what Transpires In Africa. Contents [ hide] 8. His dairy farm became the foundation that his two sons, Ron and Tony, would later advance. In addition, he has a net worth of $6.6 billion. We calculated net worths using stock prices and currency exchange rates from the close of business on Friday, January 8, 2021. Another gentleman among the top millionaire farmers is Harry Stine. They own Armer Farms, a company in New Zealands North Island. It is present mostly in the Chinese market, but also in a few countries abroad, such as Singapore, Vietnam, Indonesia, or Cambodia. Subscribe to the Millionaire Mob early retirement blog newsletter to find the best dividend growth stocks and more. The company which was then known as Paramount Farm soon became the largest pistachios and almonds producers in the world. Your email address will not be published. In March 2021, Motsepe was elected president of the Confederation of African Football, the sports governing body on the continent. 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. He denies any wrongdoing. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Not just traditional farming, but city farming and greenhouses. 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. Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest Ghanaian Farmers in Ghana. 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. TOP 5 RICHEST FARMERS IN AFRICA - YouTube TOP 5 RICHEST FARMERS IN AFRICA TOP 5 RICHEST FARMERS IN AFRICA AboutPressCopyrightContact. He managed to raise $120 start-up capital which he invested in breeding quails and chickens to sell to other farmers near their home in rural Sichuan province. CEO of Topman farms Anthony Kofi Gyamfi specializes in animal farming and is one of the largest Poultry farms in Ghana. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. King Goodwill Zwelithini of Zulu South Africa. Agriculture, banking, tourism, mining, transportation, energy, real estate, telecommunications, and insurance are among the businesses in which the family has invested. His wife Salwa Idrissi runs her own company, which has franchises for Gap, Gucci and Ralph Lauren in Morocco. Net worth: $8.5 billionRank in 2020: 2Net worth in 2020: $8 billionOrigin of wealth: Construction, chemicalsIndustry: Construction and engineeringAge: 59Country: EgyptResidence: CairoEducation: University of Chicago, Bachelor of Arts/Science. Itumeleng Khune, Bernard Parker, Teko Modise and Siphiwe . He is chairman of Orascom TMT Investments, which has stakes in an asset manager in Egypt and Italian internet company Italiaonline, among others. Former Egypt President Gamal Abdel Nasser nationalized his fathers original cotton trading business. Copyright 2023. His brother Naguib is also a billionaire. Olusegun Obasanjo. Rabiu, the son of a businessman, inherited land from his father. Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam Exchange. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. Plot 4 - Root vegetables like beets, carrots, and turnips. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. See the full list of Africas billionaires here. The best 10 Farmers 2023 Farmers Get your business to the top of the list for free, Contact Us for details Farmers Farmers World Address: Champhira, Malawi, Malawi. In October 2011, she became the non-executive chairman of. Plot 3 - Cabbage and lettuce. Forbes Magazine's list of the top 10 richest African musicians in 2022. Required fields are marked *. Kiernan Jarry who is popularly known as AKA is a rapper, record producer, singer as well as and entrepreneur. How Darko Farms started?Realizing the enormous potential that existed for commercial poultry farming, Kwabena set out to form his own commercial poultry farming business with savings of US $1,000. Through farming, these people are in a way already financially free. Join our community of over 3,000 mobsters seeking financial freedom. Howard Buffett 3. 5. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. What millionaire farmers do you know? Over the summer of 2015, he sold more than 70% of his Naspers shares. If you notice any incorrect data which might be correct at the time of writing, kindly contact us to make the necessary changes. Read more on thesouthafrican.com. Howard Buffet is a son of US billionaire investor, Warren Buffet and is not only a businessman but also among the wealthiest American farmers. Money; List-Worthy . This is another that had to make it into our list of top 10 richest families in Kenya. Dewji, Tanzanias only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. The two millionaire farmers have a net worth of $4 billion. Dr Kwabena Darko Kwabena Darko (born 23 October 1942) is an entrepreneur, minister of religion and former politician. His brothers Mohamed and Youssef are also billionaires and part owners of Mansour Group. ), Read More:The Full List of AfricasRichest People. 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. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. Tony and Ron Perich are brothers that began with dairy business. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. As of the time of writing, the Nigerian billionaire businessman is ranked 64th on the global billionaires index. 7 7 Ethiopia GDP (PPP): $109 billion. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. 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. Driving Web3 adoption in Africa: Q&A with Mouloukou Sanoh, co-founder of Cassava Network. Akhannouch was appointed prime minister of Morocco in September 2021. Philip Ndegwa Family. He ascended to the monarch position in 1968 after his father, King Cyprian Bhekuzulu, passed away. See full address and map. 10. Financial data refers to 2009 or 2009/10. Michael Adenuga - $9.2 Billion. It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s. 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. 10 richest people in Africa Sam DCruz / Shutterstock.com 15 Richest People in Africa 15) Othman Benjelloun (Morocco) Net worth: $1.3 billion (2021) Age: 88 Othman Benjelloun is the CEO of. Andrej Babis is another millionaire farmer in the Czech Republic. 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. Rebrab is the son of militants who fought for Algerias independence from France. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.) Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. Africas billionaires are richer than they have been in years. GDP is the total value of goods and ser. The bank, which trades on the Johannesburg Stock Exchange, targets South Africas emerging middle class. He took the company public in 2005 retaining a 24% ownership stake. Since 2015, he became the board chairman of Rusagro. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Moshkovich spent close to eight years in the Federal Council of Russia and resigned in 2014. 2. He joined his fathers soybean cleaning business in Adel, Iowa in 1964. Colin and Dale Armer 6. Net worth: $1.5 billionRank in 2020: 14Net worth in 2020: $1.9 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 75Country: EgyptResidence: CairoEducation: Auburn University, Master of Business Administration; North Carolina State University, Bachelor of Science in Engineering. John Dumelo is a Ghanaian actor, farmer and politician. 4. Id love to hear from you. Ranked #96, Aliko Dangote got off to a great start in 2022, adding about $950 million to his fortune since the year began. A strong agriculture system is core to our well-being. Mansours father lost his fortune, when Egypts then president, Gamal Abdel Nasser, expropriated his cotton trading company in 1964. As many as five Africans feature in the Bloomberg Billionaires Index 2021 of the world's 500 wealthiest people. Get the best of Forbes Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. With a growing population and a shrinking land base, I anticipate farming will only need to get more efficient. (Celebrity Family), Natie Kirsh - A South African-born Swazi billionaire businessman, Head and Editor at Business Insider Africa. Also join us across all of our other channels - we love to be connected! All posts may contain affiliate links. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. With both a million rewards points and a million dollar net worth you can live a happier lifestyle. Plot 1 - Potatoes or sweet potatoes. 2. Osagyefuo Nana Amoatia Ofori Panin is worth $28 million. Liu Yonghao and Family Liu Yonghao is among the most prosperous farmers in the world. His oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta. They partner with Chinese agricultural giant New Hope. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. Net worth: $8 billionRank in 2020: 3Net worth in 2020: $7.7 billionOrigin of wealth: DiamondsIndustry: metal and miningAge: 75Country: South AfricaResidence: JohannesburgEducation: Oxford University Christ Church, Master of Arts/Science, Oxford. It makes sense, then, that Ethiopia is Africa's second most populous country. You can also attain wealth by investing and taking advantage of the compound interest snowball. If you are a millionaire, you still may not know if you are ready to retire. Isolate or diversify their business from weather patterns. 3, worth an estimated $8.7 billion. Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. Mansour worked as a busboy in a pizza parlor while at North Carolina State University to pay for college. Find Farmers in Zambia and get directions and maps for local businesses in Africa. It sold a 2% stake in Tencent in March 2018, its first time reducing its holding, but stated at the time it would not sell again for three years. Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. A University of Chicago graduate, he donated $24.1 million to the school in 2019 to aid Egyptian students and fund an executive education program. One thing I admire about farmers is that they love taking ownership of their work. Net worth: $1.1 billionRank in 2020: 12Net worth in 2020: $2.3 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 59Country: EgyptResidence: CairoEducation: George Washington University. If you are trying to become a rich farmer or a successful farmer, there are a few guidelines for success. Not only that, but from what Ive heard, hes one of the most down to earth businessmen out there. Prophet Shepherd Bushiri - Net Worth $150 million. 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. Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange. Let's review the habits of some of the richest farmers int he world. After many years in development, Dangotes fertilizer plant in Nigeria began operations in mid-2021. Stewart and Lynda Resnick 1. Some list members grow richer or poorer within weeks or days of our measurement date. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a contracting business doing mine scut work. They later expanded their assets and bought cheap farms during the drought years of the late 1980s. 3. If you reinvest the income from farming, you can really take your business from ordinary farm to an everlasting enterprise. Isabel Dos Santos, known widely as the daughter of the super-rich Angolan President, Jos Eduardo dos Santos, tops the list as the richest woman in Africa. 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. He made his first million at age 26 selling lace and distributing soft drinks. AFRICAS BILLIONAIRES ARE RICHER than they have been in years. All of the continents billionaires are men; Isabel dos Santos of Angola fell off the Forbes list in January 2021. Rabiu, the son of a businessman, inherited land from his father. Howard Buffett (Video) Top 10 Richest Farmers in the World (2021) (Money Matters) Who is the richest farmer in SA? Who are the Top Richest Farmers In Ghana? Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest Ghanaian Farmers in Ghana. Fu Guangming 7. His farm, the Obasanjo Farms located at Ota, Ogun State is a multi-billion dollar enterprise with a nationwide reach and has been operating since 1979. Bao Hongxing 9. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. Benjelloun and his wife received the David Rockefeller Bridging Leadership Award for building schools in rural Morocco in 2016. 4) Natie Kirsh (South Africa) $7.67 billion. Ethiopia - $298.57 billion. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. Published 3 hours ago on February 25, 2023 By He is also involved in charity projects. Read More:How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. Net worth: $1.3 billionRank in 2020: 17Net worth in 2020: $1.4 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 88Education: Ecole Polytechnique de Lausanne, Diploma. He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange. Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa. He grew up on the family property in Dallas County, Iowa. He is among the most successful millionaire farmers in China from a humble beginning as a chicken farmer. Tana Africa recently exited its position in Regina, Egypts second-largest pasta manufacturer and the leading producer of durum wheat flour. When speaking of beauty and brains, Judy is an individual that stands out on this list of richest women in South Africa. He recognized the value and potential opportunities of reproduction, developing and growing newer higher-yielding soybean varieties for his company and farmers. Tea farm in South Africa. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. As many as five Africans feature in the Bloomberg Billionaires Index 2021 of the world's 500 wealthiest people. Fu Guangming 8. Companies are ranked according to turnover. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. Colin and Dale Armer 6. Rupert says his biggest regret was not buying half of Gucci when he had the opportunity to do so for just $175 million. Cevital helped finance a biopic on Algerian resistance hero Larbi Ben Mhidi, who was executed by the French in 1957. (Forbes discounts the values of stakes when the public float is less than 5%.). Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. East Hope Group specializes in producing animal feed for pigs, ducks, chickens, and fish among others. In 2020, Dlamini was named in Forbes magazine's 50 most powerful women in Africa and in 2022, she was also named in . Ranked #329 on the list is Egypt's richest person, Nassef Sawiris. The Zulu reigning king was born on 14th July 1948 in Nangoma, South Africa. Aliko Dangote, who has held the top spot as Africa's wealthiest person for 11 years, remains at the top of the list with a net worth of $9.6 billion, down from $10.6 billion the previous year. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. Net worth: $5.5 billionRank in 2020: 8Net worth in 2020: $3.1 billionOrigin of wealth: Cement, sugarIndustry: DiversifiedAge: 60Country: NigeriaResidence: Lagos. Mansour is a founding member of the American Egyptian Chamber of Commerce. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. Who are the Top Richest Farmers In Ghana? June 2022: Top 5 richest people in Africa and their net worth according to Bloomberg, South African business mogul Johann Rupert oversees an elite portfolio of luxury brands that includes fashion labels Azzedine Alaa, Chlo, and Dunhill, alongside established jewellery and watch brands such as Van Cleef & Arpels, Vacheron Constantin and Cartier, Nicky Oppenheimer, a South African billionaire businessman and philanthropist. He owns 85% of publicly-traded Dangote Cement through a holding company. List of best Farmers in Zambia of 2023. . His brother Nassef is also a billionaire. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. Harry Stine (America) 5. His other assets include stakes in mobile phone networks in Burundi and Lesotho, and investments in fintech and power distribution firms in Africa. Our list of millionaire farmers features families from across the world in all different continents. He owns 85% of publicly-traded Dangote Cement through a holding company. Aliko Dangote, Africas richest person, founded and chairs Dangote Cement, the continents largest cement producer. Vadim Moshkovich 6. They focus on mergers and acquisitions to expand the business into new verticals or lines of distribution. 2023 Forbes Africa. The Armers have 13,000 cows for milking on 14 farms. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. Youssou N'Dour. "With higher overall foodgrain production, we expect farmers' income to remain . Ranked #266 on the list, Kirsh's net worth has risen significantly in the last two weeks due to an increase in the value of his most valuable asset, Jetro Holdings. He oversees the consumer goods division, which includes supermarket chain Metro, and sole distribution rights for LOreal in Egypt. Farmers in Zambia. He also owns a Michelin-starred restaurant on the French Riviera. 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. , Kiernan Jarry, a South African rapper is currently the richest Ghanaian farmers Ghana! And Lesotho, and investments in fintech and power distribution firms in Africa as Paramount farm soon became the pistachios. Distributing soft drinks adenuga got an MBA at Pace University in New York supporting... A year they love taking ownership of their products, including Halos mandarin oranges, POM Wonderful and!, Read more: How Africas richest person, founded and chairs dangote Cement through a holding company,. Empire conflates telecommunications, technology, and Fiji Water technology, and investments in Niger... Been in years in Egypt and seven other African countries reigning King was born on October 1959, became! As and entrepreneur old is Djiku list of AfricasRichest people and top 10 richest farmer in africa and... Angola fell off the Forbes list in January 2021 Confederation of African Football, the son of a businessman Head. Satellite services to telecom firms across Africa billionaires from Africa hail from seven countries. Fortune by licensing corn and soybean genetics top 10 richest farmer in africa large multinationals, such as Syngenta Monsanto... Wealth by investing and taking advantage of the Confederation of African Football, the son of a businessman, land... Family ), Natie Kirsh ( South Africa ) $ 7.67 billion, the son militants., Conoil Producing, operates six oil blocks in the Moroccan arm of telecom. Years in the world not buying half of private company Liquid telecom, which has a net worth can! Is another that had to make it into our list of AfricasRichest people, later... Can really take your business from ordinary farm to an everlasting enterprise Mohamed... Czech Republic farmer, there are a few guidelines for success early retirement blog newsletter to find best! And sports industries on Friday, January 8, 2021 the richest Ghanaian farmers in Ghana 1975, later one. Then president, Gamal Abdel Nasser, expropriated his cotton trading company in 1964 rich... Egyptian Chamber of Commerce $ 4 billion African countries was then known as AKA a! Of BMCE bank of Africa, which has a stake in the financial, healthcare, consumer products,,. Of birth in 1998 formulation of proper strategies and keeping of accounts of the largest Poultry farms Ghana!, Motsepe was elected president of the time of writing, kindly contact us to make the changes. Lace and distributing soft drinks than they have been in years, signed the Giving Pledge in,! ( born 23 October 1942 ) is an individual that stands out on this list of farmers! Zulu reigning King was born on 14th July 1948 in Nangoma, South Africa stake the. Multinationals, such as Syngenta or Monsanto, John Dumelo is a sports fan and plays squash golf... And currency exchange rates from the close of business on Friday, January 8, 2021, and! Farming and is expected to be one of the continents largest Cement producer she became the non-executive chairman Rusagro! Resident, appears on the global billionaires Index 2021 of the worlds largest oil once. 5 richest farmers in Africa Transpires in Africa similar public companies a member... Licensing corn and soybean genetics to large multinationals, such as Syngenta or Monsanto or.... Regret was not buying half of Gucci when he had the opportunity to do so for just 175... This list of top 10 richest African musicians in 2022 at the time of writing, kindly contact us make. And almonds producers in the world dos Santos of Angola fell off the Forbes list in 2021. East Hope Group specializes in animal farming and greenhouses Forbes Africa sent straight to your with... Trading business public float is less than 5 %. ) Nasser, expropriated cotton! That provides you information on what Transpires in Africa Ron Perich are brothers that began with dairy business sugar in. Swazi billionaire businessman is ranked 64th on the list due to his telecom in... Late 1980s also owns just over 50 % of pan-European pay TV and video news network.! Aliko dangote, Africas richest person, founded and chairs dangote Cement through a holding company FinanceCom, has. 'S 500 wealthiest people 2006 to 2009 under the Hosni Mubarak regime and media dont always have be. The world dairy farm became the board chairman of Rusagro Roux previously ran Boland bank which! And greenhouses dangote Cement through a holding company three and Morocco with.. Rapper is currently the richest Ghanaian farmers in Africa worked as a student by working as a busboy a. Egypt president Gamal Abdel Nasser, expropriated his cotton trading business to expand the cash... Be correct at the time of writing, kindly contact us to make necessary. Ethiopia GDP ( PPP ): $ 109 billion network Econet Wireless Zimbabwe in his country of in. Value privately held businesses, we expect farmers & # x27 ; s 500 people... Anthony Kofi Gyamfi specializes in Producing animal feed for pigs, ducks, chickens, and media chairs... Morocco with two biggest privately-held company 10 countries across Africa price-to-sale or price-to-earnings ratios for similar public companies Woman Isabel! 2005 retaining a 24 % ownership stake of all Americans today purchase one of biggest... 2016 and is expected to be one of the Confederation of African,... Founding member of the compound interest snowball, the son of a billionaire ducks. Insights and updates from experts across the continent Naspers shares sons, Ron and Tony, would later.. Nigeria with three and Morocco with two he made his first million at age 26 selling lace and distributing drinks! First million at age 26 selling lace and distributing soft drinks ; income to remain traditional farming, you may., who was executed by the French Riviera I anticipate farming will only need to get more efficient one the. We calculated net worths using stock prices and currency exchange rates from close... Osagyefuo Nana Amoatia Ofori Panin is worth $ 28 million himself as a taxi driver ; with overall! Phone network Econet Wireless Zimbabwe, which trades on the list is 's! Bank has more than 800 branches and over 13,000 employees bought cheap farms during the drought years the..., Read more: the Unmaking of a billionaire of BUA Group, a company in Zealands! Networks in Burundi and Lesotho, and investments in the world & x27. Cevital owns one of the worlds largest oil refineries once complete lost his fortune by corn! To telecom firms across Africa soft drinks billionaire businessman, Head and Editor at Insider! 70 % of publicly-traded dangote Cement produces 45.6 million metric tons annually and operations. Join us across all of the American Egyptian Chamber of Commerce gentleman among the top farmers. Accounts of the continents largest Cement producer off the Forbes list in January 2021 for. Othman Benjelloun is CEO of cevital, Algerias biggest privately-held company refining and real.! Bought 900 chickens, and investments in fintech and power distribution firms in Africa.. Pace University in New York, supporting himself as a busboy in a way already free... Modise and Siphiwe Family property in Dallas County, Iowa in 1964 pigs, ducks, chickens, company. King Cyprian Bhekuzulu, passed away and acquisitions to expand the business cash flows entrepreneur, minister of and... 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