Mercedes Benz "G Wagon"
Despite the COVID-19 pandemic that crumbled the economy of many countries, Africa's wealthiest are richer than they were before the pandemic.
According to the list of African billionaires released by Forbes, "the continent's 18 billionaires are worth an estimated $84.9 billion–15% more than twelve months ago."
Check out the list of 2022 top ten African billionaires and their highly robust car culture.
NET WORTH: $13.9 Billion
Aliko Dangote is the richest man in Africa and he has maintained the number one position for almost a decade.
The Nigerian tycoon is the chairman and founder of the Dangote Group, the parent company of the largest cement producer in Africa - Dangote Cement.
There are also other subsidiaries that produce flour, sugar, salt, and tomato paste. As the shareholder of over 87% of the company's shares, he amasses the most wealth.
He used to be worth about 5 trillion naira 3 years ago.
The richest man of Africa drives some of the most expensive cars in the world, including a Bugatti Veyron ($2.2million), a Maybach 57S Knight Luxury ($1million), and a Bentley Mulsanne ($310,000).
NET WORTH: $11 Billion
Anton Rupert founded the Rembrandt group in the mid-1940s in Switzerland. The company is known for making some of the world's most expensive luxury items.
After a split, Anton's son, Johann Rupert became chairman of the Compagnie Financiere Richemont division, the parent company of Mont Blanc and Cartier. He also has a stake in Remgro the other split half.
He is one of the richest South Africans alive and is against the oil exploration going on in his hometown, the Karoo in South Africa.
Johann is also a lover of cars as he drives an 85 million naira Ferrari Lusso GT, a Porsche Cayenne, and over 185 other vintage cars in his private museum.
NET WORTH: $8.7 Billion
The Oppenheimer family is known to control a huge part of South Africa's wealth. The heir to the family's wealth, Nicky Oppenheimer, once had a 40% stake in DeBeers, South Africa's main diamond mining firm.
In mid-2012, the shares were bought for more than 1.8 trillion naira by Anglo Americans. But what many people don't know is that Nicky actually has a 1 percent stake in the same company he sold the shares to a company founded in 1917 by his granddad. See? Money revolves around the family.
Nicky and his siblings own private jets, yachts, the latest Mercedes Benz Mclaren, and a 75 million naira BMW i3 EV.
NET WORTH: $8.6 Billion
The Sawiris family is the wealthiest in the whole of Egypt. But the notable names in the family are Nassef and Naguib.
Nassef Sawiris is head of the OCI arm of the Orascom group. That division prides itself as the largest producer of nitrogen fertilizers in the world. They have factories in Iowa and Texas, United States of America.
OCI is listed on the Amsterdam stock exchange. Nassef is Adidas's largest shareholder and popular cement manufacturing company, LaFarge.
Nassef Sawiris drives some of the best cars in Egypt and Dubai like the 2019 Audi Q5.
NET WORTH: $7 Billion
Rabiu is the founder of BUA Group, a Nigerian company dealing in cement production, sugar refining, and real estate.
He is a Nigerian who is the 6th richest person in Africa in 2021. He has a net worth of $7 billion. Some of his luxury cars include Mercedes Benz G-Wagon, Mercedes Benz S-class, Toyota Prado SUV, and Land Range Rover.
NET WORTH: $6.7 Billion
The owner and chairman of the third-largest telecommunications operator in Nigeria, Globacom (GLO), is the 2nd richest man in Nigeria and fourth in Africa as a whole.
Sadly, he dropped from number 2 from the top 10 richest men in Africa in 2019 to land at number 3 this year.
Mike Adenuga had made a name for himself in the past in the oil sector and there were times he was the second on this list of richest Africans.
He owns Conoil filling station and over 5 oil blocks in the country's oil-rich Niger Delta region. He used to be a cab driver in the US while studying for his master's in business administration in New York.
He is married and is the father of controversial businessman Paddy Adenuga.
Mike Adenuga owns a private jet and drives a 35 million naira Bentley Continental GT, a Mercedes AMG G63 among other expensive cars.
Among Mike Adenuga's cars, he also has a Rolls-Royce to join the league of Nigerian celebrities who drives Rolls-Royces.
NET WORTH: $5.1 Billion
Cevital, the biggest private company in Algeria is owned by Issad Rebrab and family.
He founded the company that owns Groupe Brandt (a French appliance manufacturer), a water purification company in Germany, and a steel mill in Italy.
Issad Rebrab is listed in Forbes' list of 5 Algerian multi-millionaires. All five of his children are employed by the company and they are planning on expanding production in Brazil.
Issad owns various cars like the BMW X series and a Bentley.
NET WORTH: $3.4 Billion
Naguib Sawiris is the brother to Nassef at the number four list of top 10 Richest Men in Africa and their cars.
Sawiris sold the telecommunication division of their company to Vimpelcom, a Russian firm in 2011 for trillions of naira. But he still has stakes in gold mining companies like Golden stay, Endeavour Mining, and Evolution mining.
Naguib Sawiris owns a yacht, 50 million naira Range Rover Sport and other fancy automobiles.
NET WORTH: $3.1 Billion
Patrice Motsepe was the first Africa dollar billionaire in 2008. His company, African Rainbow Minerals is popular for mining gold in South Africa and he's also the owner of the famous Mamelodi sundowns football club.
Patrice Motsepe is married with kids and drives a wide range of fancy cars like the 35 million naira Bentley Continental GT, Mercedes Benz S65 AMG, 24 million naira BMW 760 Li, and Bugatti.
NET WORTH: $2.7 Billion
Koos Bekker is revered for transforming South African newspaper publisher Naspers into an e-commerce investor and cable TV powerhouse.
He led Naspers to pay a reported $34 million for a third of Chinese Internet firm Tencent Holdings in 2001--perhaps the greatest venture investment ever.
In 2019, Naspers put some assets into two publicly-traded companies, entertainment firm MultiChoice Group and Prosus, which contains the Tencent stake.
African 18 billionaires are worth an estimated $84.9 billion–15% more than twelve months ago, according to the list released by Forbes in January.
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