South Africa's two richest men are locked in a decades-long horse racing rivalry
Johann Rupert and the Oppenheimer family have poured billions into South African horse racing, building rival stud farms and saving the sport.
Skip to content
Johann Rupert and the Oppenheimer family have poured billions into South African horse racing, building rival stud farms and saving the sport.
Diamond heir Nicky Oppenheimer has moved to Africa's fourth-richest, worth about $10.6 billion, as the 2026 Forbes list reshuffles the continent's wealthiest.
South African billionaire Nicky Oppenheimer grows his fortune to $13.3 billion after a $1.75 billion gain in 2025.
South Africa’s Nicky Oppenheimer grows his fortune to $13 billion, driven by private investments.
Nicky Oppenheimer gains $1 billion, lifting his net worth to $12.6 billion through investments in industry, finance, and African conservation.
That staggering imbalance is at the heart of a new Oxfam report that lays bare the depth of inequality spreading across the continent.
Nicky Oppenheimer’s net worth surged $2.1 billion to $12.2 billion, reversing the earlier dip near $10 billion.
The recent upswing is largely credited to the revaluation of his wide-ranging private investments.
The recent dip means Oppenheimer has lost $250 million year-to-date, reversing the $550 million gain recorded just 38 days ago.
In the first two months of 2025, his net worth has risen from $11.6 billion to $12.1 billion.
Over the past 17 days, his net worth has risen by $225 million, reaching $12 billion, according to the Bloomberg Billionaires Index.
From luxury goods to mining and fintech, they shape economic trends and investment flows across Africa and beyond.
Oppenheimer’s fortune has risen from $11.6 billion at the start of the year to $11.8 billion as of Jan. 22, showcasing consistent financial gains.
Nicky Oppenheimer’s transformative philanthropy impacts millions across Africa.
This boost solidifies his position as the second-richest person in South Africa and the 227th richest individual globally.
Oppenheimer’s net worth has risen from $9.85 billion at the start of the year to $11.3 billion, solidifying his place among the world’s wealthiest individuals.