Billionaire Aliko Dangote gains $3.3 million as refinery IPO nears
Aliko Dangote added $3.3 million to his fortune as investors reacted to the upcoming IPO of his $20 billion refinery, which opens September 14.
Forbes
Forbes counts one Tanzanian billionaire, but three others are writing nine-figure cheques
Forbes lists one Tanzanian billionaire. Three others have committed hundreds of millions to acquisitions in the past two years, exceeding their published valuations.
Patrice Motsepe joins world’s top 1,000 richest as net worth tops $4 billion
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 pegs Dangote’s net worth at over $30 billion; Forbes says not yet
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, remains world’s richest musician
Hip-hop billionaire Jay-Z gains $100 million, boosting his net worth to $2.6 billion and keeping him the world’s richest musician.
Nigerian billionaire Adebayo Ogunlesi’s net worth rises to $2.5 billion after $800 million gain
Adebayo Ogunlesi’s fortune rises to $2.5 billion in 2025 after an $800 million gain from BlackRock stake growth and major deals.
Nigerian billionaire Femi Otedola’s ‘Making It Big’ now available for pre-order
Femi Otedola’s new book reveals lessons on building billion-dollar businesses, overcoming setbacks, and inspiring Africa’s next leaders.
Rihanna faces billionaire exit as Fenty valuation falters
Rihanna’s fortune slips from $1.4 billion to $1 billion as Fenty brands face slowing sales, cost pressures, and global beauty market fatigue.
How Palantir's CEO Alex Karp quietly became America’s richest Black billionaire
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.
Anthony Joshua falls off 2025 Forbes list of highest-paid athletes
British-Nigerian boxing star Anthony Joshua falls off Forbes 2025 list of highest-paid athletes following earnings decline and costly defeat.
Masiyiwa loses $600 million but pushes ahead with Africa’s first AI factory
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.
Aliko Dangote loses $800 million amid fresh naira weakness
This comes despite global interest in his $20 billion Dangote Oil Refinery, one of Africa’s most ambitious projects.
The world’s Black female billionaires in 2025
These women are more than financial icons, they are leaders transforming industries, from media and fashion to cosmetics and luxury.
South Africa's billionaire count rises to 7 with Jannie Mouton’s inclusion on Forbes' list
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.
Why Tony Elumelu isn't a dollar billionaire yet
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.
Weeks after crypto scam, Tanzania’s richest man Mohammed Dewji hits $2.2 billion net worth
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.