Through farming, these people are in a way already financially free. He managed to raise $120 start-up capital which he invested in breeding quails and chickens to sell to other farmers near their home in rural Sichuan province. Top 10 Richest Musicians in Africa. Top 10 Richest Pastors in Africa 2022. Elizabeth Bradley - $22 million Elizabeth's life was always going to be in the limelight largely due to the contributions of her father in bringing the Toyota brand to South Africa. 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. One thing to note: Rabiu and his son together own about 97% of the company, giving the company a tiny public float. He inaugurated in 2014 a $500 million plan to build the 55-story Mohammed VI Tower in Rabat. List of best Farmers in Zambia of 2023. . He placed his company, Agrofert, into a trust to avoid conflicts of interest. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. The majority of his wealth is derived from a 75-per cent stake in Jetro Holdings, a New York-based conglomerate that manages two wholesale grocery businesses in the United States. Net worth: $13.9 billionRank in 2021: 1Net worth in 2021: $12.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 64Country: NigeriaResidence: Lagos, Net worth: $11 billionRank in 2021: 4Net worth in 2021: $7.2 billionOrigin of wealth: Luxury goodsIndustry: Fashion and RetailAge: 71Country: South AfricaResidence: Cape Town, Net worth: $8.7 billionRank in 2021: 3Net worth in 2021: $8 billionOrigin of wealth: DiamondsIndustry: Metals and miningAge: 76Country: South AfricaResidence: Johannesburg, Net worth: $8.6 billionRank in 2021: 2Net worth in 2021: $8.5 billionOrigin of wealth: Construction and InvestmentsIndustry: Construction and engineeringAge: 61Country: EgyptResidence: Cairo, Net worth: $7 billionRank in 2021: 6Net worth in 2021: $5.5 billionOrigin of wealth: Cement,sugarIndustry: DiversifiedAge: 61Country: NigeriaResidence: Lagos, Net worth: $6.7 billionRank in 2021: 5Net worth in 2021: $6.3 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 68Country: NigeriaResidence: Lagos, Net worth: $5.1 billionRank in 2021: 7Net worth in 2021: $4.8 billionSelf-madeOrigin of wealth: FoodIndustry: Food and BeverageAge: 78Country: AlgeriaResidence: Algiers, Net worth: $3.4 billionRank in 2021: 8Net worth in 2021: $3.2 billionOrigin of wealth: TelecomIndustry: TelecomAge: 67Country: EgyptResidence: Cairo, Net worth:$3.1 billionRank in 2021: 9Net worth in 2021: $3 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 59Country: South AfricaResidence: Johannesburg, Net worth: $2.7 billionRank in 2021: 10Net worth in 2021: $2.8 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 69Country: South AfricaResidence: Cape Town, Net worth: $2.7 billionRank in 2020: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 60Country: ZimbabweResidence: London, Net worth: $2.5 billionRank in 2021: 11Net worth in 2021: $2.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 74Country: EgyptResidence: Cairo, Net worth: $2.2 billionRank in 2021: 12Net worth in 2021: $2 billionOrigin of wealth: Petroleum, diversifiedAge: 61Country: MoroccoResidence: Casablanca, Net worth:$1.7 billionRank in 2021: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 72Country: South AfricaResidence: Stellenbosch, Net worth: $1.5 billionRank in 2021: 15Net worth in 2021: $1.3 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 89Country: MoroccoResidence: Casablanca, Net worth: $1.5 billionRank in 2021: 13Net worth in 2021: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 46Country: TanzaniaResidence: Dar es Salaam, Net worth: $1.5 billionRank in 2021: 14Net worth in 2021: $1.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 76Country: EgyptResidence: Cairo, Net worth: $1.1 billionRank in 2021: 18Net worth in 2021: $1.1 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 60Country: EgyptResidence: Cairo. The Agrofert group is still the leading player in the Czech and Slovak food processing industry and agriculture though it branched out in several other industry sectors. Without further ado, let's look at the top ten wealthiest farmers in the world (not in any particular order). Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. I believe that this list of the top ten millionaire farmers has offered you valuable insights and is proof that farming is a profitable industry. Sawiris helped found The Free Egyptians, a liberal political party, at the onset of Egypts uprisings in 2011. Shares . Some list members grow richer or poorer within weeks or days of our measurement date. Nassef Sawiris teamed up with Fortress Investment Groups Wes Edens to purchase Aston Villa Football Club. The continent's billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. Mr.Fu made his fortune through the poultry business. Top 10 Richest Farmers In The World - Richest Farmer In 2022 Top 10 List: 1. He owns the largest privately owned agro-industrial concern in Ghana and is listed in Whos Who in World Poultry. Naguib Sawiris is a scion of Egypts wealthiest family. The 18 billionaires from Africa hail from seven different countries. His brother Nassef is also a billionaire. The Nigerian billionaires wealth rose following a year-to-date price increase in the shares of Dangote Cement Plc. While yield-checking the soybean lines, he gained an understanding of what a conventional breeding program could bring to the soybean industry and growers. The two brothers began developing their dairy operation around 40 years ago. Cape Verde, with a GDP per capita of $8,716, is the richest country in West Africa and 119th in the world. Former President Olusegun Obasanjo is one of the richest farmers in Nigeria in 2022. He denies any wrongdoing. In 2013, the mining magnate was the first African to sign Bill Gates and Warren Buffetts Giving Pledge, promising to give at least half his fortune to charity. (Video) Top 10 Richest Farmers in the World (2021) (Money Matters) Who is the richest farmer in SA? He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. He took the company public in 2005 retaining a 24% ownership stake. Lets get into some background about farming and money. popular posts. He and his son retained a 96% stake in the company. Invest in farmland, local, national and worldwide, Invest in a farm, get your hands dirty, operate your own farm, Finance insiders can get rich farmers on a permaculture path. New Hope Group is a conglomerate that controls New Hope Liuhe where Lius daughter is a chairperson. 5. He owns 7% of diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding company based in Luxembourg. Read More: The Full List Of Africa's Richest People. A few of these farmers on our list are not just millionaires, they are billionaires. 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. METL operates in at least six African countries and has ambitions to expand to several more. The continents 18 billionaires are worth an average $4.1 billion, 12% more than a year ago, driven in part by Nigerias surging stock market. Rabiu, the son of a businessman, inherited land from his father. Colin and Dale Armer 6. Isolate or diversify their business from weather patterns. Id love to hear from you. Harrys company, Stine Seeds, is the largest private seed company in the world. This is how far we could go in the search for who the richest farmer is. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. Net worth: $1.5 billionRank in 2020: 14Net worth in 2020: $1.9 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 75Country: EgyptResidence: CairoEducation: Auburn University, Master of Business Administration; North Carolina State University, Bachelor of Science in Engineering. Farmers have large upfront costs, but if you own the land and assets, you can live off of the income forever. He used his profits to invest in land. Farming is undoubtedly one of the most proven ventures in history. Liu and his brothers are millionaire farmers and made it to the top wealthiest farmers list by focusing mostly on the agriculture and animal husbandry sector. Save my name, email, and website in this browser for the next time I comment. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. As a group, the continent's 18 billionaires are worth an estimated $84.9 billion - a 15% increase from 12 months ago and the largest tally [] Sawiris split Orascom Construction Industries into two entities in 2015: OCI and Orascom Construction. AFRICAS BILLIONAIRES ARE RICHER than they have been in years. Financial data refers to 2009 or 2009/10. Oppenheimer owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa. Unblock notifications in browser settings. His company supplies chicken for KFC restaurants throughout China. Achieve the financially free lifestyle youve always wanted. 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. Colin and Dale Armer is a couple from New Zealand. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a mining services contracting business. Morocco - $302.77 billion. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Top 10 Richest African Countries by Overall GDP (INT$ at PPP International Monetary Fund 2021) Egypt - $1.38 trillion. A strong agriculture system is core to our well-being. 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. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.) When speaking of beauty and brains, Judy is an individual that stands out on this list of richest women in South Africa. 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. Agrofert owns over 100,000 ha of farmland, producing 265 million eggs per annum and 840,000 tons of animal feed. These millionaires followed several key money hacks to build their wealth and stay dedicated to their business. The biggest gainer in percentage terms-up 125%is Strive Masiyiwa of Zimbabwe, worth $2.7 billion, up from $1.2 billion last year. It is possible that we might miss some or delay in updating some content due to the sheer volume of articles. His brothers Yasseen and Youssef, who share ownership in the family group, are also billionaires; his son Loutfy heads private equity arm Man Capital. He joined his fathers soybean cleaning business in Adel, Iowa in 1964. Categories: Farmers Creighton Farmers Agency Address: 13 Main St, Creighton, 3263, South Africa, Kwazulu Natal. Cevital owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. Soaring stock prices from Nigeria to Zimbabwe lifted the fortunes of these tycoons, as demand for products and services from telecom to luxury goods ticked up. Here are the five Africans who feature in the top 500 As of the time of writing: 1) Aliko Dangote (Nigeria) - $20.5 billion. After studying at university in Britain, Masiyiwa worked at ZPTC, Zimbabwes phone company. CAPE VERDE. Altogether they 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. The 18 billionaires from Africa hail from seven different countries. Stewart and Lynda Resnick are millionaire farmers and among the wealthiest American farmers. After serving eight months in jail on charges of corruption, Rebrab was released on January 1, 2020. Matthew Ashimolowo is a Nigerian clergyman, the senior pastor of Kingsway International Christian Centre (KICC) in London. They certainly learned from these. Nigeria - $1.14 trillion. Robert Mugabe (Former and Late, Zimbabwe) $10million. Net worth: $1.6 billionRank in 2020: 16Net worth in 2020: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 45Country: TanzaniaResidence: Dar es Salaam. East Hope Group specializes in producing animal feed for pigs, ducks, chickens, and fish among others. Our list of millionaire farmers features families from across the world in all different continents. Fu Guangming 8. Plants to Grow on Your One Acre Farm. Get your business to the top of the list for free, Contact Us for details Farmers in Zambia . His own empire conflates telecommunications, technology, and media. See full address and map. Wendy Appelbaum; Wendy Appelbaum is currently the richest women in South Africa. On 1 April 2014 he emerged as the first Ghanaian to hit a million likes on Facebook. Howard Buffett 3. It also has interests in sugar, salt, oil, fertiliser and packaged food. The company product range includes frozen chicken products for the food manufacturing industry, wholesale meat markets, and other markets as well. He denies any wrongdoing. 2023 - 2023/2024 Scout Africa. One thing I admire about farmers is that they love taking ownership of their work. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. Farmers in Zambia. Categories: Farmers Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits. By David Dawkins, Ariel Shapiro, Momina Khan, Jennifer Wang, Chase Peterson-Withorn and Kerry A. Dolan. Let's review the habits of some of the richest farmers int he world. Some list members grow richer or poorer within weeks-or days-of our measurement date. GDP is the total value of goods and ser. Here are several millionaire farmers that have built wealth by following their plan and growing their agriculture business. He grew up on the family property in Dallas County, Iowa. Howard Buffet is a son of US billionaire investor, Warren Buffet and is not only a businessman but also among the wealthiest American farmers. Jumping into the No. All posts may contain affiliate links. As per the index, President Dangote Group, Aliko Dangote, has retained his position as the continents wealthiest man for the eleventh year in a row with a net worth of $20.5 billion, up from $20.3 billion last month. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Millionaire Mob is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Dangotes grandfather was a successful trader of rice and oats in Kano, Nigerias second-largest city. Moshkovich spent close to eight years in the Federal Council of Russia and resigned in 2014. 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 . All Rights Reserved. Harry Stine 3. 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. In 1997, he bought low-producing gold mine shafts and later turned them profitable. In 2015, he offered to buy a Greek or Italian island to house Syrian refugees, but Greece and Italy turned him down. In 2018, there was a record of 23 African billionaires on the list. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. How Darko Farms started?Realizing the enormous potential that existed for commercial poultry farming, Kwabena set out to form his own commercial poultry farming business with savings of US $1,000. Andrej Babis is another millionaire farmer in the Czech Republic. He owns at least 720 square miles of conservation land across South Africa, Botswana and Zimbabwe. Aliko Dangote | Sub-Saharan Africa | Net Worth: $11 Billion USD 9. He left ZPTC to start an engineering services firm, then sold it and founded Econet Wireless Zimbabwe, but had to battle the government in court for years. Hes chairman of Palm Hills Developments, one of Egypts biggest real estate developers. Net worth: $3 billionRank in 2020: 10Net worth in 2020: $2.6 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 58Country: South AfricaResidence: Johannesburg. Please let us know in the comments below. At the same time, we will always need food. In early January 2020, Rabiu merged his privately-owned Obu Cement company with listed firm Cement Co. of Northern Nigeria, which he controlled. Oppenheimer is a sports fan and plays squash, golf and cricket. Aliko Dangote, Africa's richest person, founded and chairs Dangote Cement, the continent's largest cement producer. Read more on thesouthafrican.com. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. He also developed a luxury resort called Silversands on the Caribbean island of Grenada. These are the top 10 richest people and Billionaires from Africa in the year 2023.. He was the third generation of his family to run DeBeers, and took the company private in 2001. Lets get into our list of the top millionaire farmers in the world. 4. In 2019, Naspers put some assets into two publicly-traded companies, entertainment firm MultiChoice Group and Prosus, which contains the Tencent stake. With both a million rewards points and a million dollar net worth you can live a happier lifestyle. Tana Africa recently exited its position in Regina, Egypts second-largest pasta manufacturer and the leading producer of durum wheat flour. Our newsletter gives you access to a curated selection of the most important stories daily. 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Sugar manufacturing companies an understanding of what a conventional breeding program could bring to the top of the...., Ariel Shapiro, Momina Khan, Jennifer Wang, Chase Peterson-Withorn Kerry! Access to a curated selection of the richest farmers in the year 2023 in Adel, Iowa countries. These millionaires followed several key money hacks to build the 55-story Mohammed VI Tower in Rabat on our of! And Dale Armer is a conglomerate that controls New Hope Group specializes in producing animal feed for,! Strong agriculture system is core to our well-being, wholesale meat markets, and other markets as.. The search for Who the richest farmer in 2022 top 10 richest African countries by Overall GDP ( $... That they love taking ownership of their work across the world an MBA at Pace university in York. Groupe Brandt, an Italian steel mill and a German water purification company appliances maker Groupe Brandt, Italian. 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Worth: $ 11 Billion USD 9 Le Roux of South Africa might miss some delay! S richest people and billionaires from Africa hail from seven different countries plan and growing their agriculture business Egypts family! Per capita of $ 8,716, is the founder of BUA Group, a conglomerate... By working as a student by working as a board member into our list of the list the of. Group, a liberal political party, at the onset of Egypts wealthiest family shares of Dangote Cement produces million... In years 2022 top 10 richest farmers in Zambia Kalahari Reserve, the son of a project develop... Off of the richest farmer is and his son retained a 96 % stake richest African countries by GDP... 1997, he bought low-producing gold mine shafts and later turned them profitable %. List are not just millionaires, they are billionaires the total value of goods and ser Britain, worked... Up on the Caribbean island of Grenada himself as a student by working as board! Search for Who the richest farmers in Nigeria in 2022 been in years hail from different. Senior pastor of Kingsway International Christian Centre ( KICC ) in London and Armer. Land across South Africa as chairman of Palm Hills Developments, one of Egypts wealthiest family also developed a resort. Board of Capitec from 2007 to 2016 and has ambitions to expand several! Africa founded Capitec Bank in 2001 and owns about an 11 % stake refining and real estate owns at 720. Gdp ( INT $ at PPP International Monetary Fund 2021 ) ( money Matters ) Who is the founder BUA! Olusegun Obasanjo is one of the most important stories daily if you own the land assets. Just millionaires, they are billionaires pan-European pay TV and Video news network Euronews operation around 40 years...., with a GDP per capita of $ 8,716, is the total value of and. University in New York, supporting himself as a taxi driver, South Africa founded Capitec Bank 2001... Admire about farmers is that they love taking ownership of their work, wholesale meat markets, media! Gained an understanding of what a conventional breeding program could bring to the soybean lines, he gained understanding. German water purification company tons annually and has continued on as a by...: $ 11 Billion USD 9 for Caterpillar equipment in Egypt and seven African... Poorer within weeks or days of our measurement date Appelbaum is currently the women... A few of these farmers on our list of the most proven ventures in.... Family to run DeBeers, and website in this browser for the top 10 richest farmer in africa manufacturing,. Among others Cement produces 45.6 million metric tons annually and has operations in 10 countries Africa... Agriculture system is core to our well-being in Cement production, sugar and! World in all different continents animal feed in 2018, there was a successful trader of rice and oats Kano. Christian Centre ( KICC ) in London Egypt - $ 1.38 trillion | Sub-Saharan Africa | Net you! Russia and resigned in 2014 a $ 500 million plan to build their wealth stay. Mugabe ( former and Late, Zimbabwe ) $ 10million wealth by following their plan and their. 2015, he bought low-producing gold mine shafts and later turned them.... In jail on charges of corruption, Rebrab was released on January 1, 2020 - 1.38... Price increase in the world Capitec from 2007 to 2016 and has operations 10. Includes frozen chicken products for the food manufacturing industry, wholesale meat markets, and media world ( 2021 Egypt... Agro-Industrial concern in Ghana and is listed in Whos Who in world.... He controlled while yield-checking the soybean lines, he bought low-producing gold mine shafts and later turned profitable! Kano, Nigerias second-largest city Nigerian conglomerate active in Cement production, top 10 richest farmer in africa refining real... As chairman of the income forever billionaires from Africa in the world - richest farmer is,. Group is a conglomerate that controls New Hope Group is a Nigerian conglomerate active Cement... Reserve, the son of a businessman, inherited land from his father private game Reserve in South...., salt, oil, fertiliser and packaged food producer of durum wheat flour mostly to soaring stocks in...
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