), Read More:The Full List of AfricasRichest People. The list is dominated by South African firms (10), followed by companies from Morocco (3), Nigeria (3), Cte d'Ivoire (2), Algeria (1) and Egypt (1). Youssou N'Dour. The Armers have 13,000 cows for milking on 14 farms. 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. Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. Net worth: $4.8 billionRank in 2020: 6Net worth: $4.4 billionSelf-madeOrigin of wealth: FoodIndustry: Food and beverageAge: 77Country: AlgeriaResidence: Algiers. 4. Colin and Dales wealth is around $240 million, and they also own the Dairy Holding whose value is approximately $535 million. For the tenth year in a row,Aliko Dangoteof Nigeria is the continents richest person, worth $12.1 billion, up by $2 billion from last years list thanks to a roughly 30% rise in the share price of Dangote Cement, by far his most valuable asset. This is how far we could go in the search for who the richest farmer is. Get this delivered to your inbox, and more info about about our products and services. scoutafrica.net is a media platform that provides you information on what Transpires In Africa. Save my name, email, and website in this browser for the next time I comment. 10. In 2013, the mining magnate was the first African to sign Bill Gates and Warren Buffetts Giving Pledge, promising to give at least half his fortune to charity. 3. Kiernan Jarry who is popularly known as AKA is a rapper, record producer, singer as well as and entrepreneur. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. Akhannouch is Moroccos Minister of Agriculture and Fisheries and the president of a royalist political party. The 18 billionaires from Africa hail from seven different countries. Orascom Construction, an engineering and building firm, trades on the Cairo exchange and Nasdaq Dubai. Mr. Liu was once a technical school tutor until 1982 when he quit and began a bicycles business together with his three brothers. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. Buffett has traveled to over 130 different countries around the world. Liu Yonghao and Family Liu Yonghao is among the most prosperous farmers in the world. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. Top 10 Richest African Countries by Overall GDP (INT$ at PPP International Monetary Fund 2021) Egypt - $1.38 trillion. The biggest gainer this year is another Nigerian cement tycoon,Abdulsamad Rabiu. 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. Plot 4 Root vegetables like beets, carrots, and turnips. Hes chairman of Palm Hills Developments, one of Egypts biggest real estate developers. Oppenheimer owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa. Oppenheimer, heir to his familys fortune, sold his 40% stake in diamond firm De Beers to mining group Anglo American for $5.1 billion in cash in 2012. Farming and agriculture has a poor image in popular culture, but it remains a solid investment for families and people around the world. Elisha Owusu Biography ; How Old Is Owusu ? and His Current Teams. Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange. We need food now more than ever before. Colin and Dale Armer is a couple from New Zealand. Africas billionaires are richer than they have been in years. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. Former President Olusegun Obasanjo is one of the richest farmers in Nigeria in 2022. In 2016, he launched a new private equity firm, African Rainbow Capital, focused on investing in Africa. We bring you daily editor picks from the best Business Insider news content so you can stay updated on the latest topics and conversations on the African market, leaders, careers and lifestyle. Angola - $217.97 billion. Also join us across all of our other channels - we love to be connected! In 2020, Dlamini was named in Forbes magazine's 50 most powerful women in Africa and in 2022, she was also named in . Not only that, but from what Ive heard, hes one of the most down to earth businessmen out there. As many as five Africans feature in the Bloomberg Billionaires Index 2021 of the world's 500 wealthiest people. What can you farm on 1 acre? Elizabeth Bradley - $22 million Elizabeth's life was always going to be in the limelight largely due to the contributions of her father in bringing the Toyota brand to South Africa. The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine Forbes.The list has been published since 2015. Join our community of over 3,000 mobsters seeking financial freedom. 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. Many millionaire farmers around the world have made a fortune through the use of new technology. Farmers make money by selling consumer products to distributors that bring these products to grocery and retail stores. One thing to note: Rabiu and his son together own about 97% of the company, giving the company a tiny public float. 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. Without further ado, lets look at the top ten wealthiest farmers in the world (not in any particular order). Lilayi Farm Lilayi Rd Off Kafue Rd Lilayi, Lusaka . And Isabel dos Santos, who since 2013 has been the richest woman in Africa, was knocked from her perch by a series of court decisions freezing her assets in both Angola and Portugal. It will be one of the tallest buildings in Africa. He led Naspers to pay a reported $34 million for a third of Chinese Internet firm Tencent Holdings in 2001 perhaps the greatest venture investment ever. Mr. Fu has a net worth of $1.5 billion. At the same time, we will always need food. Companies are ranked according to turnover. Based on my review successful farmers that have eventually become rich from farming possess the following: There are many other traits of successful farmers, but these are some of the top traits of successful farmers that come to mind. The company which was then known as Paramount Farm soon became the largest pistachios and almonds producers in the world. Howard Buffett 3. Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa. Nigerian cement tycoon Abdulsamad Rabiu is $1.5 billion richer after taking yet another of his companies public, following the listing of BUA Cement in January 2020. Mansours father lost his fortune, when Egypts then president, Gamal Abdel Nasser, expropriated his cotton trading company in 1964. However, these millionaire farmers have isolated their businesses away from weather reliant products. Fellow South African Jannie Moutons PSG Group owns a 30% stake in Capitec Bank. Net worth: $5.5 billionRank in 2020: 8Net worth in 2020: $3.1 billionOrigin of wealth: Cement, sugarIndustry: DiversifiedAge: 60Country: NigeriaResidence: Lagos. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. 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. One thing I admire about farmers is that they love taking ownership of their work. Cevital owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. Subscribe to the Millionaire Mob early retirement blog newsletter to find the best dividend growth stocks and more. His company Almarai is one of the largest dairy operators in the Middle East. Disclaimer:As much as we try to update the information database on daily basis. Net worths were calculated using stock prices and currency exchange rates from the close of business on Wednesday, January 19, 2022. Farmers homes are their businesses. She is also one of the richest women in South Africa, with an estimated net worth of about R124 million. Naspers sold a 2% stake in Tencent in 2018; in April 2021 Prosus sold nearly $15 billion worth of Tencent, taking its stake to 29%. Adenuga, Nigerias second richest man, built his fortune in telecom and oil production. Forbeshas marked Dos Santos frozen assets at zero. Mr.Fu made his fortune through the poultry business. Who are the Top Richest Farmers In Ghana? Harry Stine AFRICAS BILLIONAIRES ARE RICHER than they have been in years. 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. Fujian Sunner mainly deals with breeding, slaughtering and meat processing of chicken, mostly in China. A strong agriculture system is core to our well-being. Isolate or diversify their business from weather patterns. Fu Guangming 7. Our newsletter gives you access to a curated selection of the most important stories daily. Net worth: $2.8 billionRank in 2020: 11Net worth in 2020: $2.5 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 68Country: South AfricaResidence: Cape TownEducation: Columbia Business School, Master of Business Administration; University of Witwatersrand, LLB. Nassef Sawiris is a scion of Egypts wealthiest family. East Hope Group specializes in producing animal feed for pigs, ducks, chickens, and fish among others. 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. Ethiopia - $298.57 billion. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. Blairo Maggi 4. His brother Nassef is also a billionaire. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. Rebrab is the son of militants who fought for Algerias independence from France. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. Aliko Dangote | Sub-Saharan Africa | Net Worth: $11 Billion USD 9. The use of new technology down to earth businessmen out there farmers around the.. Algerias independence from France and turnips the richest farmer is Read more: the Full List of AfricasRichest.! Wealthiest farmers in the Middle East 2021 ) Egypt - $ 1.38 trillion a poor image in culture. Inbox, and turnips his country of birth in 1998 early retirement blog newsletter to find the dividend. 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