Besides the dairy farms, Prince Sultan Al Kabeer also owns a stud farm outside of Riyadh, where he trains approximately 100 horses. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. Below are some ideas and leads on the four paths to success. Without further ado, let's look at the top ten wealthiest farmers in the world (not in any particular order). Since the beginning of the year, his net worth has increased by over $200 million, thanks to the revaluation of his private equity assets held through Stockdale Street and Tana Africa Capital. Modern agriculture and new technologies have helped foster the development of successful farms around the world. Remarkably, shares of his BUA Cement PLC, which listed on the Nigeria Stock Exchange in January 2020, have doubled in value in the past year. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest Ghanaian Farmers in Ghana. 4 last year is luxury goods magnate Johann Rupert of South Africa. The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.5% of it. Financial data refers to 2009 or 2009/10. Andrej is the deputy prime minister and minister of finance of the Czech Republic. Soon he branched out into the animal-feeds business. Net worth: $1.2 billionRank in 2020: 18Net worth in 2020: $1.3 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 71Country: South AfricaResidence: Stellenbosch. At a glance, Masiyiwa might seem to be a misplaced representative for African agriculture. Forbes Magazine's list of the top 10 richest African musicians in 2022. Money makes money and these 10 people have made a lot of it over the years. popular posts. His Babylonstoren estate, nearly 600 acres in South Africas Western Cape region, features architecture dating back to 1690, a farm, orchard and vineyard and more. Top 10 Richest Pastors in Africa & Their Net Worth. His company Almarai is one of the largest dairy operators in the Middle East. The company product range includes frozen chicken products for the food manufacturing industry, wholesale meat markets, and other markets as well. 7 7 Ethiopia GDP (PPP): $109 billion. Isabel Dos Santos, known widely as the daughter of the super-rich Angolan President, Jos Eduardo dos Santos, tops the list as the richest woman in Africa. Dewji was reportedly kidnapped at gunpoint in Dar es Salaam, Tanzania in October 2018 and released after nine days. For 85 years until 2012, the Oppenheimer family occupied a controlling spot in the worlds diamond trade. Orascom Construction, an engineering and building firm, trades on the Cairo exchange and Nasdaq Dubai. He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange. Belonging to Nigeria, he is the only African that is a part of the top 50 rich men in the world. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. It is possible that we might miss some or delay in updating some content due to the sheer volume of articles. Africa's top 20 agribusiness companies Source: The Africa Report 2011; Bloomberg. Michael Adenuga - $9.2 Billion. As a group, the continents 18 billionaires are worth an estimated $84.9 billion a 15% increase from 12 months ago and the largest tally since at least 2015. It transports the milk obtained from its Holstein cows throughout Gulf countries. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. Plot 3 - Cabbage and lettuce. Get the best of Forbes Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Dangote Group founder Aliko Dangote has topped the 2018 list. Net worth: $8 billionRank in 2020: 3Net worth in 2020: $7.7 billionOrigin of wealth: DiamondsIndustry: metal and miningAge: 75Country: South AfricaResidence: JohannesburgEducation: Oxford University Christ Church, Master of Arts/Science, Oxford. Farming also requires the formulation of proper strategies and keeping of accounts of the business cash flows. If you notice any incorrect data which might be correct at the time of writing, kindly contact us to make the necessary changes. Categories: Farmers Creighton Farmers Agency Address: 13 Main St, Creighton, 3263, South Africa, Kwazulu Natal. Net worth: $12.1 billionRank in 2020: 1Net worth in 2020: $10.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 63Country: NigeriaResidence: LagosEducation: Al-Azhar University, Bachelor of Arts/Science. Who are the Top Richest Farmers In Ghana? List of best Farmers in Zambia of 2023. . He left his family in Croatian home and sailed to Australia in 1938. 3. They are one of the most celebrated dairy millionaire farmers in the world. The Indonesian conglomerate has provided over $900 million worth of funds to invest in Nigeria and Bakrie. In January 2020, the attorney general of Angola charged Dos Santos with embezzlement and money laundering. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. The combined firm, called BUA Cement Plc, trades on the Nigerian Stock Exchange; Rabiu owns 98.5% of it. 2023 - 2023/2024 Scout Africa. Nigerian cement tycoon Abdulsamad Rabiu is $1.5 billion richer after taking yet another of his companies public, following the listing of BUA Cement in January 2020. Nearly half of all Americans today purchase one of their products, including Halos mandarin oranges, POM Wonderful, and Fiji Water. Successful farmers dont always have to be rich farmers. Please read my disclosure for more info. ), Read More:The Full List of AfricasRichest People. In order to accumulate wealth, you need to own something. Harrys found some unusual soybean plants in one of the company fields which piqued his interest in research and seed breeding. In 2016, he launched a private equity firm, African Rainbow Capital, focused on investing in Africa. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. Harry graduated from Central Dallas High School and McPherson College in Kansas. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. The pandemic has a lot to do with this . Osagyefuo Nana Amoatia Ofori Panin is worth $28 million. We [Algerians] have great potential; we can make up for lost time., Net worth: $3.2 billionRank in 2020: 9Net worth in 2020: $3 billionOrigin of wealth: TelecomIndustry: TelecomAge: 66Country: EgyptResidence: CairoEducation: Swiss Federal Polytechnical Institute, Master of Science; Swiss Federal Polytechnical Institute, Bachelor of Arts/Science. This is how far we could go in the search for who the richest farmer is. His brothers Mohamed and Youssef are also billionaires and part owners of Mansour Group. Forbeshas marked Dos Santos frozen assets at zero. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. The biggest gainer in percentage terms-up 125%is Strive Masiyiwa of Zimbabwe, worth $2.7 billion, up from $1.2 billion last year. The company has developed support services and products, such as fodder, plant cultivation and food processing around animal husbandry. 2 spot up from No. Only two of the 18 billionaires have net worths that are lower than last year: Koos Bekker of South Africa, who dropped to $2.7 billion from $2.8 billion, and Mohammed Dewji of Tanzania, whose fortune fell to $1.5 billion from $1.6 billion a year ago. Not only is Ethiopia one of Africa's wealthiest countries, it's also steeped in history. Some list members grow richer or poorer within weeks or days of our measurement date. Read More: The Full List Of Africa's Richest People. With a growing population and a shrinking land base, I anticipate farming will only need to get more efficient. His father was a shareholder in RMA, a Moroccan insurance company; Benjelloun built it into a leading insurer. He oversees the consumer goods division, which includes supermarket chain Metro, and sole distribution rights for LOreal in Egypt. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa. Another gentleman among the top millionaire farmers is Harry Stine. 2. Hes chairman of Palm Hills Developments, one of Egypts biggest real estate developers. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa. The world's richest people, dubbed as 'ultra-high net worth individuals' (UHNWIs) have shed a cumulative wealth of $10 trillion or 10% from their net worth in 2022, due to global economic . We calculated net worths using stock prices and currency exchange rates from the close of business on Friday, January 8, 2021. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights with its fleet of three planes and two helicopters. Altogether, the 18 billionaires from Africa this year are worth $73.8 billion, slightly more than the $73.4 billion aggregate worth of the 20 billionaires on last years list of Africas richest people. His brother Nassef is also a billionaire. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. He denies any wrongdoing. Money; List-Worthy . He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam Exchange. The Angolan court claimed that actions taken by Dos Santos, her husband Sindika Dokolo (whodiedin October 2020, reportedly in a scuba diving accident) and one other associate caused the Angolan government losses of at least $1.14 billion. I cant remember the last time we didnt have food on earth Thats a joke. Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. They later expanded their assets and bought cheap farms during the drought years of the late 1980s. His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital. Abdul Satar Dada. Howard Buffett Notepads in his office read: Things I must do before cricket., Net worth: $7.2 billionRank in 2020: 5Net worth in 2020: $6.5 billionOrigin of wealth: Luxury goodsIndustry: Fashion and retailAge: 70Country: South AfricaResidence: Cape Town. Not just traditional farming, but city farming and greenhouses. Colin and Dale Armer 6. He also controls the world's largest luxury watchmaker, Cie. Financiere Richemont, through a family trust. Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange. As many as five Africans feature in the Bloomberg Billionaires Index 2021 of the world's 500 wealthiest people. Aliko Dangote owns sub-Saharan Africa's biggest cement producer, Dangote Cement, which had revenue of 891.7 billion Naira ($2.5 billion) in 2019. Angola may not have come to mind as one of the top 10 richest countries in Africa but surprisingly, it has a large deposit of oil and gas resources, diamonds, and bountiful agricultural land. Through a spokesperson, Dos Santos declined to comment. His brother Naguib is also a billionaire. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. His other assets include 6% of the sportswear company Adidas and a stake in LafargeHolcim, the world's biggest cement maker. 2023 Forbes Africa. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 300 Unique Trending Ankara Styles For Women, Top 50 Amazing African Long Dresses For Women, 150 Unique Bridal Reception Styles In Africa, 120 Amazing African Dress Styles For Ladies, 150 Beautiful African Print Tops Designs Ideas, Elisha Owusu Biography ; How Old Is Owusu ? From Bernard Parker, Itumeleng Khune, Teko Modise, and more, here's a list of top 10 rich soccer players in SA and their net worths. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. In fact, the only two women billionaires from Africa have both fallen off the list. Harry is not only an entrepreneur and innovator but also one of the wealthiest farmers in the world. Your email address will not be published. Subscribe to the Millionaire Mob early retirement blog newsletter to find the best dividend growth stocks and more. Aliko Dangote, Africa's richest person, founded and chairs Dangote Cement, the continent's largest cement producer. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. He joined his fathers soybean cleaning business in Adel, Iowa in 1964. The Perich brothers have since expanded into property development, and the family fortune recently topped $1 billion. Some of the richest farmers in the world no longer focus on the grass roots of farming. They started as farmers, but grew into much more than that. Dont miss out on current updates, kindlylike us on Facebook,Follow Us On Instagram&Subscribe To Our ChannelOR leave a comment below for further inquiries. It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s. The biggest gainer this year is another Nigerian cement tycoon,Abdulsamad Rabiu. The two brothers began developing their dairy operation around 40 years ago. We calculated net worths using stock prices and currency exchange rates from the close of business on Friday, January 8, 2021. Agriculture, banking, tourism, mining, transportation, energy, real estate, telecommunications, and insurance are among the businesses in which the family has invested. In March 2021, Motsepe was elected president of the Confederation of African Football, the sports governing body on the continent. He also owns part of the Saracens English rugby team and Anthonij Rupert Wines, named after his deceased brother. Not only that, but from what Ive heard, hes one of the most down to earth businessmen out there. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. 2023/2024 Scout Africa - No 1 Portal To Discover The Best In Africa. Shares . As it stands, these preachers of the gospel are among the richest people on the continent. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. Read Top 10 Richest People in Kenya. Kwabena Darko (born 23 October 1942) is an entrepreneur, minister of religion and former politician. He's made appearances in a few editions of Forbes, the business magazine popular with global corporate heavyweights and the high net-worth set. His net worth is around $3.4 billion. Net worth: $5.5 billionRank in 2020: 8Net worth in 2020: $3.1 billionOrigin of wealth: Cement, sugarIndustry: DiversifiedAge: 60Country: NigeriaResidence: Lagos. Shares of Econet Wireless Zimbabwe, which he founded, rose more than 750% in the past year, helping to drive up the size of his fortune. He was the third generation of his family to run DeBeers, and took the company private in 2001. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. He owns the largest privately owned agro-industrial concern in Ghana and is listed in "Who's Who in World Poultry". The bank, which trades on the Johannesburg Stock Exchange, targets South Africas emerging middle class. The two brothers have a significant stake in joint venture Australian Fresh Milk Holdings which is the countrys most massive dairy milking operation. He also owns a Michelin-starred restaurant on the French Riviera. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. Lilayi Farm Lilayi Rd Off Kafue Rd Lilayi, Lusaka . Required fields are marked *. Dr Kwabena Darko Kwabena Darko (born 23 October 1942) is an entrepreneur, minister of religion and former politician. They certainly learned from these. Vadim Moshkovich began the business world by selling vodka, oil, and apartments in the early 1990s. He is also involved in charity projects. Blairo Maggi 4. Global Ranking: 31st Population: 219,641,919 GDP per capita: $2,326 (nominal, 2023 est.) Mr. Fu has a net worth of $1.5 billion. Mansours father lost his fortune, when Egypts then president, Gamal Abdel Nasser, expropriated his cotton trading company in 1964. Here are several millionaire farmers that have built wealth by following their plan and growing their agriculture business. In recent years, Rupert has been a vocal opponent of plans to allow fracking in the Karoo, a region of South Africa where he owns land. Jumping into the No. In 1997, he bought low-producing gold mine shafts and later turned them profitable. scoutafrica.net is a media platform that provides you information on what Transpires In Africa. Howard Buffett is thus among the once of many millionaire farmers in the world today. TOP 5 RICHEST FARMERS IN AFRICA - YouTube TOP 5 RICHEST FARMERS IN AFRICA TOP 5 RICHEST FARMERS IN AFRICA AboutPressCopyrightContact. Plants to Grow on Your One Acre Farm. They partner with Chinese agricultural giant New Hope. He owns 30% of OCI, a Geleen, Netherlands-based fertilizer producer which was formed out of a demerger from his family's original business, Orascom Construction. Tea farm in South Africa. Thanks for signing up for our daily insight on the African economy. Aziz Akhannouch is the majority owner of Akwa Group, a multibillion-dollar conglomerate founded by his father and a partner, Ahmed Wakrim, in 1932. While some got richer by the billions, two from the 2020 list of Africas richest dropped below the $1 billion mark. He grew up on the family property in Dallas County, Iowa. They focus on mergers and acquisitions to expand the business into new verticals or lines of distribution. Kenya - $269.29 billion. Published 3 hours ago on February 25, 2023 By They need to learn how to reinvest properly or build a personal financial plan. Nassef Sawiris teamed up with Fortress Investment Groups Wes Edens to purchase Aston Villa Football Club. All of the continents billionaires are men; Isabel dos Santos of Angola fell off the Forbes list in January 2021. In early January 2022, Rabiu listed his sugar and food firm BUA Foods on the Nigerian stock exchange with a market capitalization of nearly $2.8 billion. He denies any wrongdoing. The biggest gainer in percentage terms up 125% is Strive Masiyiwa of Zimbabwe, worth $2.7 billion (up from $1.2 billion last year). All Rights Reserved. Andrej Babis is another millionaire farmer in the Czech Republic. See the full list of Africas billionaires here. Get your business to the top of the list for free, Contact Us for details Farmers in Zambia . Being a founder of China Minsheng Bank, the only bank in the country since 1949 to be established without direct state ownership, Liu holds about 7% of China Minsheng Banks shares. For 85 years until 2012, the Oppenheimer family occupied a controlling spot in the worlds diamond trade. An ideal tip on how to become a successful farmer is to treat agriculture like any other business. Africa - no 1 Portal to Discover the best in Africa make the necessary changes to 2016 and expected. To find the best dividend growth stocks and more stock prices and currency exchange rates from the 2020 list the! Fu has a lot to do with this farmers Creighton farmers Agency Address: Main... As five Africans feature in the world 's biggest cement maker in 1938 BUA cement Plc trades! 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( PPP ): $ 109 billion musicians in 2022 only an entrepreneur and innovator but one!