Meet the 10 oldest billionaires in Africa in 2023

by MMC
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Africa’s 10 oldest billionaires have been instrumental in paving the way for economic innovation. These individuals have grown successful businesses in various industries, invest in new businesses, and support emerging entrepreneurs with their wealth and knowledge.

African entrepreneurs are creating new answers to old problems in areas ranging from fintech to agriculture to healthcare.

Despite their advanced age, these billionaires are still doing well in their respective industries. They are all determined to leverage their resources to make a real difference in Africa’s development.

Here are the 10 oldest billionaires in the world Africa in 2023, according to Forbes magazine, the list of Africa’s billionaires.

Read also Meet Africa’s 10 Youngest Billionaires in 2023

Othman Benjelloun – 16th in the general classification
Othman Benjelloun, 90, is Africa’s oldest billionaire, with a net worth of $1.3 billion. He is a Moroccan businessman, known for having co-founded BMCE Bank and Bank of Africa, and is their chairman and CEO.

Christoffel Wiese – 18th overall
Christoffel Wiese, 82, is Africa’s second-oldest billionaire, with a net worth of $1.1 billion. He is a South African businessman who chairs Shoprite Holdings, Africa’s largest supermarket chain.

Issad Rebrab – 7th overall
Issad Rebrab, 79, is Africa’s third-oldest billionaire, with a net worth of $4.6 billion. He is an Algerian businessman who chairs Cevital, the largest private company in Algeria. Cevital is a diversified conglomerate with interests in food and beverage and beyond.

Youssef Mansour – 13th in the general ranking
Youssef Mansour, 78, is Africa’s fourth-oldest billionaire, with a net worth of $1.5 billion. He is an Egyptian businessman who chairs the Mansour Group, a diversified conglomerate with interests in various businesses.

Nicky Oppenheimer – 3rd overall
Nicky Oppenheimer, 78, is Africa’s fifth oldest billionaire, with a net worth of $8.4 billion. He is a South African businessman, chairman of De Beers, the largest diamond company in the world. He is the grandson of Ernest Oppenheimer.

Mohamed Mansour – 10th overall
Mohamed Mansour, 75, is Africa’s sixth-oldest billionaire, with a net worth of $2.9 billion. He is an Egyptian businessman who is also a co-owner of the Mansour Group, a diversified conglomerate with interests in numerous companies and brother of Youssef Mansour.

Michiel Le Roux – 17th in the general classification
Michiel Le Roux, 74, is Africa’s seventh oldest billionaire, with a net worth of $1.2 billion. He is a South African businessman and chairman of Capitec, one of South Africa’s largest banking groups.

Johann Rupert – 2nd overall
Johann Rupert, 73, is Africa’s eighth-oldest billionaire, with a net worth of $10.7 billion. He is a South African businessman who is chairman of Compagnie Financière Richemont, a luxury goods conglomerate. He is the son of Anton Rupert, founder of the Rembrandt group.

Koos Bekker – 11th overall
Koos Bekker, 70, is Africa’s ninth oldest billionaire, with a net worth of $2.6 billion. He is a South African businessman who is chairman of Naspers, a technology investment company.

Mike Adenuga – 6th overall
Mike Adenuga, 70, is Africa’s tenth oldest billionaire, with a net worth of $6.3 billion. He is a Nigerian businessman and chairman of Globacom, one of Nigeria’s largest telecommunications companies. He is also the founder of Conoil, a major oil and gas company in Nigeria.

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