Africa’s Billionaires of 2012

It must be nice to be Ethiopian Self Made Billionaire, Mohammed Al Amoudi, Africa’s Richest man. His wealth grew by a billion despite the economic downturn. It is that time of year again and Forbes has put together a list of the World’s richest. On it are 11 Africans 4 from one family in Egypt, 4 from South Africa, 1 from Sudan, 1 from Nigeria and 1 from Ethiopia.

There was 1 new addition to the list this year, Samih Sawiris, son of Egyptian billionaire, Onsi Sawiris whose other 2 sons are on the list as well. Nigeria did loose a billionaire this year, Femi Otedola who had a bitter disagreement with fellow billionaire Aliko Dangote last year. Despite some major challenges, Dangote still made it on the list as the 9th richest man in Africa.

Photo By Hans Berggren

Africa’s Billionaires (No. 1)

  • Name: Mohammed Al Amoudi
  • Net Worth: 10 Billion
  • Origin: Ethiopia
  • Age: 65
  • Fortune: Self Made
  • Source: Oil
  • Education: N/A

    Forbes World Ranking #64

AP Photo

Africa’s Billionaires (No. 2)

Forbes World Ranking #127

AP Photo

Africa’s Billionaires (No. 3)

Forbes World Ranking #154

Photo from

Africa’s Billionaires (No. 4)

Forbes World Ranking #154


Africa’s Billionaires (No. 5)

Forbes World Ranking #307

AP Photo

Africa’s Billionaires (No. 6)

Forbes World Ranking #374

Photo by 2010 FIFA World Cup Organising Committee South Africa/Getty Images

Africa’s Billionaires (No. 7)

Forbes World Ranking #421


Africa’s Billionaires (No.  8  )

Forbes World Ranking #421


Africa’s Billionaires (No. 9)

Forbes World Ranking #463

Sipa Press/Newscom

Africa’s Billionaires (No. 10)

Forbes World Ranking #463

Arnd Wiegmann / Reuters

Africa’s Billionaires (No. 11)

Tags: Mohammed Al Amoudi, African Billionaires, Aliko Dangote, Forbes list, Johann Rupert & Family, Mohammed Mo Ibrahim, Naguib Sawiris, Nassef Sawiris, Nicky Oppenheimer & Family, Onsi Sawiris, Patrice Motsepe, Patrick Shoo-Shiong, Samih Sawiris, richest african, Who Is the Richest Man in Africa?

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Africa’s Billionaires of 2012