African Wealth Briefing — Tues., June 16, 2026
Hassanein Hiridjee's Axian Telecom lands a €170 million EBRD loan to wire two more African markets. James Mwangi quietly adds $8 million on his Equity stake.
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Nathan Kirsh closes in on $20 billion, tightening his grip on second place among Africa's richest
Eswatini-born Nathan Kirsh is closing in on a $20 billion fortune, cementing second place among Africa's richest after selling his US food-distribution empire.
Marcus Rashford owns a 63-acre Cheshire estate and a $19 million property empire
Marcus Rashford has poured millions into a 63-acre Cheshire estate, a Bowdon mansion and a leveraged buy-to-let empire built to outlast his playing days.
Chris Paul turned a $400 million NBA career into a $160 million investment empire
Chris Paul never won an NBA title, but the point guard built one of the deepest business and investment portfolios in American sports.
Morgan Freeman earned $250 million the slow way and the Delta paid for all of it
Morgan Freeman waited until age 49 for his Hollywood breakthrough, then built a $250 million fortune across film, production, narration and a blues club in the Mississippi Delta.
Johann Rupert's net worth hit $19.9 billion and he has never been this close to $20 billion
Johann Rupert's net worth reached $19.9 billion on June 15, 2026, the highest it has ever been, as Richemont shares continued their powerful rally.
Anthony Joshua built a $150 million fortune from boxing and is now betting on DAZN, Alpine F1 and real estate
Anthony Joshua built a $150 million fortune from boxing, DAZN equity, Alpine F1 and endorsements worth $15 million annually.
Denzel Washington charges $35 million per film and has built a $300 million empire doing it
Denzel Washington commands $35 million per streaming film and has turned four decades of the most selective career in Hollywood into a $300 million personal empire.
Tony Elumelu's United Capital acquires 5-percent stake in Nigerian Exchange Group
United Capital, the Pan-African group backed by financier Tony Elumelu, has completed the acquisition of a 5% equity stake in Nigerian Exchange Group.
Steve Harvey slept in his car for three years and built a $200 million empire from that Ford Tempo
Steve Harvey lived in his 1976 Ford Tempo for three years and built a $200 million media empire that earns him $45 million annually.
Russell Simmons sold Def Jam for $120 million and built a $340 million empire on a broken promise
Russell Simmons turned a Queens street hustle into a $340 million empire that invented the hip-hop economy. What he left behind tells a harder story.
Lionel Richie filed four trademarks on his own voice to stop AI from cloning it without permission
Lionel Richie has filed four trademark applications on his voice to stop AI platforms from cloning it without his permission or compensation.
Nigerian-born Hakeem Olajuwon built a $300 million fortune without ever borrowing a dollar
Hakeem Olajuwon left Lagos as a teenage goalkeeper, became the NBA's best center, then built a $300 million fortune refusing to borrow a cent.
Hakeem Olajuwon built a $300 million real estate empire without borrowing a single dollar
Hakeem Olajuwon built a $300 million real estate empire across Houston and beyond, financing every deal with cash and zero debt, guided entirely by his Islamic faith.
Paul Pogba built a $10 million home portfolio he kept walking away from
From a Manchester mansion with its own football pitch to a $6 million Miami tower beside the Beckhams, Paul Pogba's property run keeps moving on.
Africa Finance Corporation lends Dangote Group $600 million to triple its fertiliser production capacity
Africa Finance Corporation has signed a $600 million loan with Dangote Group to triple fertiliser production capacity in Nigeria and build a new plant in Ethiopia.