Wednesday, May 14, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Africa’s Billionaires See Major Wealth Gains in 2025

Simon Osuji by Simon Osuji
March 13, 2025
in Business
0
Africa’s Billionaires See Major Wealth Gains in 2025
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

African billionaires have seen remarkable net worth increases in 2025, driven by economic shifts and global market trends. Aliko Dangote, Africa’s richest man, has experienced the most growth. Since the turn of the year, he has nearly doubled his wealth to $23.4 billion, thanks to the Dangote Refinery’s operations. Consequently, he is now the 85th richest person globally, up from his previous ranking of 144th. South Africa’s Johann Rupert, the continent’s second-best performer, gained $3.32 billion year-to-date, bringing his net worth to $13.6 billion. Egypt’s Nassef Sawiris’ net worth grew by $1.8 billion while his brother, Naguib Sawiris, saw his wealth rise by $1.2 billion. South Africa’s Nicky Oppenheimer rounds out the top five with an increase of $0.9 billion.

Source: Business Insider Africa

Source link

Related posts

Why the rich want specialists

Why the rich want specialists

May 14, 2025
Top 5 African nations with the fastest-growing companies in 2025

Top 5 African nations with the fastest-growing companies in 2025

May 14, 2025
Previous Post

Nigeria’s Fintech Sector Surges 70% Despite Challenges

Next Post

Ukarmor to Double Novator Armored Vehicles in 2025

Next Post
Ukarmor to Double Novator Armored Vehicles in 2025

Ukarmor to Double Novator Armored Vehicles in 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Committee on Higher Education Warns National Student Financial Aid Scheme (NSFAS) Against Cancellation of Student Accommodation

Committee on Higher Education Warns National Student Financial Aid Scheme (NSFAS) Against Cancellation of Student Accommodation

6 days ago
B2B credit risk in UAE as businesses face cash flow constraints

B2B credit risk in UAE as businesses face cash flow constraints

2 years ago
This Video Game Controller Has Become the US Military’s Weapon of Choice

This Video Game Controller Has Become the US Military’s Weapon of Choice

7 months ago
Farcaster hype grows, Bluesky opens to the public and SEC’s Hester Peirce is open to new token proposals

Farcaster hype grows, Bluesky opens to the public and SEC’s Hester Peirce is open to new token proposals

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Matthew Slater, son of Jackson State great, happy to see HBCUs back at the forefront

    0 shares
    Share 0 Tweet 0
  • Dolly Varden Focuses on Adding Ounces the Remainder of 2023

    0 shares
    Share 0 Tweet 0
  • US Dollar Might Fall To 96-97 Range in March 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.