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Youngest Billionaires In Africa (2022) – Top 10
Who are the youngest Billionaires in Africa has been an outstanding question that is left unanswered? Africa has some self-made…
Who are the youngest Billionaires in Africa has been an outstanding question that is left unanswered? Africa has some self-made young billionaires that have all it takes to be a billionaire.
Some of these youngest billionaires in Africa were not born rich but they still made it to the top of the billionaires’ list.
On the list of these, the youngest billionaire in Africa has some interesting personalities, businessmen, and philanthropists.
However, the table below shows a complete list of the youngest billionaires in Africa in 2022.
Rank | Name | Age | Net Worth | Country |
1 | Mohammed Dewji | 47 years | $1.6 Billion | Tanzania |
2 | Jimoh Ibrahim | 55 years | $1 Billion | Nigeria |
3 | Femi Otedola | 59 years | $5.9 Billion | Nigeria |
4 | Patrice Motsepe | 60 years | $3 Billion | South Africa |
5 | Nassef Sawiris | 61 years | $8.5 billion | Egypt |
6 | Abdul Samad Rabiu | 61 years | $3.7 billion | Nigeria |
7 | Orji Uzor Kalu | 61 years | $3.2 billion | Nigeria |
8 | Aziz Akhannaouch | 61 years | $2 billion | Morocco |
9 | Strive Masiyiwa | 61 years | $1.2 billion | Zimbabwe |
10 | Yasseen Mansour | 61 years | $1.2 billion | Egypt |
1. Mohammed Dewji
Mohammed Dewji with an estimated net worth of $1.6 billion is the youngest billionaire in Africa. Dewji was born on 8 May 1975 in Tanzania and is currently 47 years old and is the owner of MeTL Group.
However, he is a Tanzania businessman and former politician who served in Tanzania parliament for Chama Cha Mapinduzi from 2005 to 2015.
The Tanzania Businessman owns MeTL Group which manufactures flour milling, beverages, and edible oil. With an estimated net worth of $1.6 billion, Dewji is the youngest African billionaire.
2. Jimoh Ibrahim
The second on the list of the Youngest billionaires in Africa is a Nigerian billionaire and businessman Jimoh Ibrahim with a net worth of $1 billion.
He is the chairman and chief executive officer of Global Fleet Group and currently, he is 55 years old. Also, he is the director of the prestigious Nicon Group which has a number of subsidiaries and is among the youngest African Billionaires.
Jimoh Ibrahim was born in a remote village in Ondo State to a local fish seller mother and a bricklayer father on 24 February 1967.
3. Femi Otedola
Femi Otedola is the third on the list of the youngest billionaire in Africa and also the third on the list of the richest men in Nigeria. As of 2022, he has an estimated net worth of $5.9 billion.
Indeed, he is a wealthy man, and considering his mouth-watering net worth of 5.9 billion makes him one of the youngest African Billionaire. Otedola is well-known CEO, entrepreneur, and philanthropist born on 4 November 1962 in Ibadan.
He is currently 59 years old and also the father of a Nigerian famous disc jockey, DJ Cuppy.
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4. Patrice Tlhopane Motsepe
The 60-year-old Patrice Tlhopane Motsepe is among the youngest billionaires in Africa. He is a South African billionaire businessman who has his main interest in mining.
Patrice Tlhopane Motsepe is the founder and executive chairman of African Rainbow Minerals which has interests in gold, ferrous metals, base metals, and platinum.
His career started in the year 1994 the same year Nelson Mandela was elected as the president of the country. While the new government of Nelson Mandela began promoting black empowerment and entrepreneurship became the first black partner in the law firm Bowman Gilfillan.
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5. Nassef Sawiris
On the top list of the youngest African billionaire is 61-year-old Egyptian billionaire Nassef Sawiris with a net worth of $8.5 billion. He runs OCI one of the world’s largest nitrogen fertilizer producers.
With an estimated net worth of $8.5 billion, he is the richest Arab and also among the richest people in Africa.
The Egyptian businessman was born on 19 January 1961 in Egypt and is the youngest of the Onsi Sawiris three sons.
READ ALSO: Top 10 Richest Men In South Africa (2022)
6. Abdul Samad Rabiu
Abdul Samad Rabiu is a 61-year-old Nigerian billionaire entrepreneur and seasoned industrialist with a net worth of $3.7 billion. The Nigerian billionaire is among the youngest billionaires in Africa and is known for his expertise in commodity trading.
He is the founder and chief executive officer of BUA Group, a Nigerian Conglomerate with an interest in agriculture. Other things BUA is interested in are infrastructure, manufacturing, logistics, and port operations.
However, this 61-year- old Nigerian billionaire bought the Nigeria oil mills and is the main shareholder of BUA PLC, a publicly traded company.
After the merger of the cement company of northern Nigeria and his private company called Obu, he owns a 98.5% share in BUA.
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7. Orji Uzor Kalu
Orji Uzor Kalu is a 61-year-old Nigerian businessman, entrepreneur, and politician with a net worth of 3.2 billion.
More so, Kalu is the chairman and founder of SLOK Holding and the Daily Sun and Telegraph Newspaper in Nigeria.
He also served as the governor of Abia State.
With an estimated net worth of $3.2 billion, Orji Uzor Kalu is among the youngest billionaires in Africa.
8. Aziz Akhannaouch
Aziz Akhannaouch is a Moroccan billionaire, prime minister, businessman, and politician who is currently 61 years old.
The Moroccan billionaire is also the CEO of Akwa Group, a Moroccan conglomerate particularly active in the oil and gas sector.
However, before Akhannaouch was elected as a prime minister, he served as the Minister for Agriculture from 2007 to 2021.
9. Strive Masiyiwa
The 61-years-old London Based Zimbabwean billionaire businessman and philanthropist Strive Masiwa is among the youngest billionaires in Africa. He has an estimated net worth of $1.2 billion.
Strive Masiwa is the founder and the executive chairman of Econet Global, an international technology group.
Born on 29 January 1961 to an entrepreneur mother, Musiyiwa’s international group operates in more than 20 countries in Africa.
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10. Yasseen Mansour
Among the youngest billionaire in Africa is 61-year-old Egyptian businessman Yasseen Mansour with a net worth of $1.2 billion. He is the chairman of palm hills development and part owner of Mansour Group.
Moreover, Yasseen Mansours was born on 1 January 1961 in Egypt. His net worth of $1.2 billion is attributed to success in his business.
However, he is not only among the youngest billionaires in Africa but also among the richest billionaire in Egypt.
The list below shows a brief summary of the youngest billionaires in Africa:
- Mohammed Dewji
- Jimoh Ibrahim
- Femi Otedola
- Patrice Motsepe
- Nassef Sawiris
- Yasseen Mansour
- Orji Uzor Kalu
- Aziz Akhannaouch
- Strive Masiyiwa
- Abdul Samad Rabiu