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For the first time in history, the combined net worth of Africa’s billionaires has surpassed the $100 billion milestone, fueled largely by Nigeria’s leading business moguls. According to Forbes’ latest Billionaire List released in March 2025, Africa now boasts 22 billionaires with a collective wealth of $105 billion—an increase from $82.4 billion and 20 billionaires
Business magnates and entrepreneurs are the first names that most often spring to mind when we discuss wealth in Africa. However, some of the wealthiest people on the continent are really political leaders—presidents and monarchs who have amassed vast fortunes leading their countries. Over the years, from oil and real estate to corporate empires and
