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3 youngest billionaires in Africa

by Tolulope Akinruli
December 30, 2024
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3 youngest billionaires in Africa
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Africa is home to some billionaires who have achieved great success in fields such as technology, manufacturing, and real estate. The majority of Africa’s wealthiest people are older, but a few younger people have distinguished themselves with exceptional achievements.

According to Forbes’ annual billionaire rankings, these are three of the youngest billionaires in Africa, with the youngest being in his 40s:

Strive Masiyiwa (63 Years) – $1.8 billion

Strive Masiyiwa, from Zimbabwe, is the creator of Econet Wireless, a telecom firm that operates throughout Africa and beyond. He also holds stock in Liquid Telecom, which offers internet services throughout the continent.

Masiyiwa’s business endeavours include renewable energy, finance, and media, which contribute to his $1.8 billion net worth. He and his family founded the Higher Life Foundation in 1996 to help African youngsters receive an education. His commitment to improving people’s lives, as well as his commercial success, serve as sources of encouragement.

Patrice Motsepe, a 62-year-old South

African billionaire and founder of African Rainbow Minerals, a company that mines gold, platinum, and other metals, has a net worth of $2.7 billion. He also owns the Mamelodi Sundowns Football Club and shares in Sanlam, a financial services company. Motsepe was the first Black African billionaire to appear on Forbes’ list in 2008.

Yasseen Mansour (63 years)

He is an Egyptian billionaire with a stake in the Mansour Group, a company founded by his father in 1952. The Mansour Group is a major distributor of GM automobiles and Caterpillar machinery in Egypt and other countries. Mansour also serves as chairman of Palm Hills Developments, one of Egypt’s largest real estate companies.

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