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Forbes says Africa's 23 billionaires are worth a record $126.7 billion — but the list was frozen on March 1, the day before the war began, and sixteen days later, those fortunes are splitting fast.
Patrice Motsepe enters the world’s top 1,000 richest as his net worth climbs above $4 billion, driven by gains in mining and investments.
Bloomberg values Aliko Dangote at $30.5 billion, while Forbes says he remains $3.9 billion short of reaching the $30 billion milestone.
Hip-hop billionaire Jay-Z gains $100 million, boosting his net worth to $2.6 billion and keeping him the world’s richest musician.
Adebayo Ogunlesi’s fortune rises to $2.5 billion in 2025 after an $800 million gain from BlackRock stake growth and major deals.
Femi Otedola’s new book reveals lessons on building billion-dollar businesses, overcoming setbacks, and inspiring Africa’s next leaders.
Rihanna’s fortune slips from $1.4 billion to $1 billion as Fenty brands face slowing sales, cost pressures, and global beauty market fatigue.
In May, he sold $50 million worth of Palantir stock, a small portion of his holdings, but a sign of how liquid his wealth has become.
British-Nigerian boxing star Anthony Joshua falls off Forbes 2025 list of highest-paid athletes following earnings decline and costly defeat.
His net worth has fallen to $1.2 billion, down from $1.8 billion in January, part of a steady slide since 2022, when his fortune peaked at $3 billion.
This comes despite global interest in his $20 billion Dangote Oil Refinery, one of Africa’s most ambitious projects.
These women are more than financial icons, they are leaders transforming industries, from media and fashion to cosmetics and luxury.
The boost in Mouton’s wealth is largely attributed to Capitec Bank, where he holds a 5.1 percent stake through the J.F. Mouton Familietrust.
Reports have speculated that his net worth stands at $2.15 billion, but Forbes remains the recognized authority in wealth rankings—anything else is just speculation.
The latest surge in his net worth comes just weeks after he raised concerns about cybersecurity and the growing use of deepfake technology in financial scams.
Reflecting on the decade-long journey to completion, Dangote told Forbes, “If this didn’t work, I was dead.”