The 2025 Forbes Billionaires Checklist options a few of Africa’s richest folks, together with well-known names like Aliko Dangote, Mike Adenuga, and Femi Otedola. Since Forbes began monitoring billionaires in 1987 with simply 140 folks, the record has grown considerably.
By 2025, it features a report 3,028 billionaires worldwide, up by 247 from the 12 months earlier than. Collectively, these billionaires have a complete wealth of $16.1 trillion, nearly $2 trillion greater than in 2024.
Whereas the US has probably the most billionaires with 902, adopted by China (together with Hong Kong) with 516, and India with 205, Africa additionally has a robust presence.
Africa’s richest are growing their wealth and impression in several enterprise areas. Forbes calculates their wealth primarily based on present inventory costs and alternate charges to offer an correct record.
Aliko Dangote
Topping the record with a web value of $23.9 billion, Aliko Dangote’s wealth surged following the 2024 operational begin of his Dangote refinery, which considerably boosted his funds by $10.5 billion from the earlier 12 months.
Mike Adenuga
Adenuga is the Proprietor of Globacom, a significant telecommunications agency, Adenuga holds a web value of $6.8 billion, making him the fifth richest Black billionaire globally.
Abdulsamad Rabiu
Founding father of BUA Group, Rabiu is sixth on the record with a wealth of $5.1 billion.
Adebayo Ogunlesi
CEO of World Infrastructure Companions (GIP), Ogunlesi has a web value of $2.2 billion. He not too long ago elevated his fortune in October 2024 when GIP was offered to BlackRock for $12.5 billion in money and shares.
Femi Otedola
Femi, with a web value of $1.5 billion, Otedola ranks twelfth. He initially made his wealth in commodities earlier than shifting focus to the power sector because the chairman and majority proprietor of Geregu Energy.
Tope Awotona
Tolu, Founding father of the scheduling software program startup Calendly, valued at $3 billion in 2021, Awotona has a web value of $1.4 billion, inserting him fourteenth on the record.
