Many people are born rich with lavish trust funds and large investments and inheritances already made available to them by kindred ancestors. However, few Africans have been able to fulfill the odds and discover the secret behind becoming unattainably rich. And these are none other than the self-made African billionaires .
Continuing our previously published article entitled: Top 10 Self Made Millionaires in Africa, we bring you another list of movers and shakers in African businesses, a comprehensive list of self made billionaires in Africa – hope you find it both interesting and informative . We’ve included a few notable USD aspiring African multi-millionaires who have made billions in their local currency
1. Ashish Thakkar
According to the list of the youngest self-made African billionairewas revealed by an African business newspaper,Ashish Thakkar, 36, had this to say: “When you decide to do something from nothing, it builds your confidence.” Ashish was born in the UK to an Indian family who later moved to Uganda and later to Rwanda where they started a business. The young, self-made billionaire, who sadly dropped out of school at the age of 15, learned from his parents’ mistakes and successes and began selling computer hardware from Dubai to Uganda. This is what would lead him to collect national and international entrepreneurial information and experience. He later built it up intensively and awarded himself the title of “Youngest African billionaire”. Ashish J
2. Ethiopian Al Amoudi
Ethiopian Al Amoudi has dealt with both recessions and good economic times to become a business mastermind. However, his wealth has continued to grow despite difficult economic downturns and currently ranks among the richest people in Africa. Mohammed Al Amoudi pulled roots from humble beginnings, has made his mark and is currently worth $10.8 billion.
3.Patrick Shoo-Shiong
South African Patrick Shoo-Shiong has a Bachelor of Arts Science degree and he has pursued it to secure an award-winning medical career. Focused solely on generic drugs, Shoo-Shiong was worth $97.8 billion by the age of 65, according to Forbes.
4. Chris Kirubi
Chris Kirubi is a Kenyan entrepreneur, entrepreneur and industrialist who owns a number of companies and is currently the majority shareholder of CIC (Centrum Investment Company). Kirubi enjoys major media exposure including Africa’s 100th Most Influential People (News African Magazine), 20th Most Powerful People in African Business (Forbes) and Life Journeys Scaling Heights African Billionaire At around $300 million, that’s more than Kshs 30 billion.
5. Naseef Sawiris
Egyptian Nassef Sawiris has a Bachelor of Science degree in Construction and Management. This has given him enough courage and experience to enter the highly regulated and competitive real estate and construction industry and amassed a fortune of $6.8 billion. Forecasts predict that Nassef, at just 48, will potentially be Africa’s richest man by 2019.
See also list of richest people in Africa
6. Mike Adenuga
Mike Adenuga was a Nigerian banker and financier extraordinaire who took full advantage of his country’s oil fame to make himself a success. Mike Adenuga is Chairman of Globacom, a telecommunications multinational, and is currently worth $5.4 billion richest man in Nigeria, 5th richest man in Africa and 248th richest person in the world.
7. Aliko Dangote
Aliko Dangote is another self-made African billionaire of Nigerian descent who has related about wealth from all channels and perspectives. This entrepreneur and industrialist, who ranges from flouring to cementing, has combined his efforts and is now enjoying a booming reputation from top African-wealthy billionaires with a fortune worth around $19 billion. A recent Forbes report put it at $13.8 billion.
Bonus: African business movers and shakers – African business leaders
Isabela Dos Santos
A Queens University engineering graduate, Isabela Dos Santos was Africa’s most famous billionaire. At just 24, Angolan nationalist Isabela started her first restaurant business, christening it Miami Beach.
With an estimated net worth of $2.6 billion, Forbes has named Isabel dos Santos the richest woman in Angola and all of Africa.
While there has been controversy over how she managed to amass such a crowd,
even in a war-torn country like Angola, Forbes research has revealed that her father transferred several Angolan companies, including banks and a telecom company, to her shares .
Her wealth also comes from buying shares in Portuguese companies, including telecom and cable TV company Nos SGP.
9.Nicky Oppenheimer
Nicky Oppenheimer is the richest self-made South African and the 139th richest person in the world. But how did he really get there? Well he has a significant interest in Anglo-American Plc, the leading Diamond Co. and is Chairman of De Beers Diamonds. To add a feather to those hats, he owns the largest game reserve in the country, adding $7.7 billion to his current net worth.
10.Dr. Evans Kidero
dr Born to a policeman’s son in Kenya’s Majengo slums, Evans Kidero was the man at the helm of the Kenyan capital. The former governor had a challenging start in life but the odds of gaining, pursuing and conquering a degree in pharmacy at Kenya’s most famous college, the University of Nairobi, were successfully beaten.
currently dr Evans is an independent investor in various multi-billionaire companies that have secured top jobs in governmental and non-governmental institutions. His current fortune has accumulated to over 3 billion Kenyan shillings.