They focus on mergers and acquisitions to expand the business into new verticals or lines of distribution. And His Current, Alexander Djiku Biography ; How old is Djiku? Financial data refers to 2009 or 2009/10. He documents the challenges of preserving biodiversity and providing sufficient resources to support the ever-growing human demands. He owns 30% of OCI, a Geleen, Netherlands-based fertilizer producer which was formed out of a demerger from his family's original business, Orascom Construction. Lilayi Farm Lilayi Rd Off Kafue Rd Lilayi, Lusaka . Some list members grow richer or poorer within weeks-or days-of our measurement date. Howard Buffett 7. 5. Prince Sultan Al Kabeer, a member of the Saudi royal family, founded the dairy company Almarai in 1977. thesouthafrican.com - Shyleen Choruma 3h. Harry is not only an entrepreneur and innovator but also one of the wealthiest farmers in the world. Mansour Group is the sole franchisee of McDonalds in Egypt, as well as the distributor of Gauloises cigarettes. 4. Harrys found some unusual soybean plants in one of the company fields which piqued his interest in research and seed breeding. As per the index, President Dangote Group, Aliko Dangote, has retained his position as the continent's wealthiest man for the eleventh year in a row with a net worth of $20.5 billion, up from $20.3 billion last month. Net worth: $1.1 billionRank in 2020: 12Net worth in 2020: $2.3 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 59Country: EgyptResidence: CairoEducation: George Washington University. If you notice any incorrect data which might be correct at the time of writing, kindly contact us to make the necessary changes. Subscribe to the Millionaire Mob early retirement blog newsletter to find the best dividend growth stocks and more. We calculated net worths using stock prices and currency exchange rates from the close of business on Friday, January 8, 2021. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. The bank, which trades on the Johannesburg Stock Exchange, targets South Africas emerging middle class. To value privately held businesses, we take estimates of revenues or profits with prevailing price-to-sale or price-to-earnings ratios for similar public companies. Africa's top 20 agribusiness companies Source: The Africa Report 2011; Bloomberg. Since 2015, he became the board chairman of Rusagro. That pushed Rabius fortune up by an extraordinary 77%, to $5.5 billion. Buffett has traveled to over 130 different countries around the world. Liu Yonghao and Family Liu Yonghao is among the most prosperous farmers in the world. Read More:How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. Pastor Matthew Ashimolowo -$10 million. His parents are Mr. John Dumelo who was a Civil Engineer and Mrs. Antoinette Dumelo a Customs Officer. Your email address will not be published. Based on my review successful farmers that have eventually become rich from farming possess the following: There are many other traits of successful farmers, but these are some of the top traits of successful farmers that come to mind. In 2016, he launched a new private equity firm, African Rainbow Capital, focused on investing in Africa. Youssef Mansour is chairman of family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. 1 | NIGERIA - THE RICHEST COUNTRY IN AFRICA (GDP: $504.203 Billion) GDP: $504.203 Billion (nominal, 2023 est.) His own empire conflates telecommunications, technology, and media. Not only that, but from what Ive heard, hes one of the most down to earth businessmen out there. Cevital owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. Aliko Dangote, Africa's richest person, founded and chairs Dangote Cement, the continent's largest cement producer. Read Top 10 Richest People in Kenya. Not only is Ethiopia one of Africa's wealthiest countries, it's also steeped in history. Please read my disclosure for more info. Our newsletter gives you access to a curated selection of the most important stories daily. The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.5% of it. The majority of his wealth is derived from a 75-per cent stake in Jetro Holdings, a New York-based conglomerate that manages two wholesale grocery businesses in the United States. It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s. Harry Stine 3. A strong agriculture system is core to our well-being. And by a lot, we mean a LOT! According to Billionaires Africa, his 75-per cent stake in Jetro Holdings accounts for 61 per cent of his total wealth valuation, with the market value of his stake in the New York-based conglomerate presently valued at $4.8 billion. Join our community of over 3,000 mobsters seeking financial freedom. In 2019, Naspers put some assets into two publicly-traded companies, entertainment firm MultiChoice Group and Prosus, which contains the Tencent stake. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. Unblock notifications in browser settings. In recent years, Rupert has been a vocal opponent of plans to allow fracking in the Karoo, a region of South Africa where he owns land. Andrej ventured into business as a fertilized trader. He owns 85% of publicly-traded Dangote Cement through a holding company. The richest farmers in the world may not spend all day in the field, but they're always in the office, coordinating their businesses. The Nigerian Stock Exchange requires that either 20% or more of a companys shares to be floated to the public, or that the floated shares are worth at least 20 billion naira about $50 million a paltry sum, to be sure. Colin and Dale Armer 6. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. He is chairman of Orascom TMT Investments, which has stakes in an asset manager in Egypt and Italian internet company Italiaonline, among others. Bishop David Oyedepo -Net Worth $150 million. (Video) Top 10 Richest Farmers in the World (2021) (Money Matters) Who is the richest farmer in SA? Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. We [Algerians] have great potential; we can make up for lost time., Net worth: $3.2 billionRank in 2020: 9Net worth in 2020: $3 billionOrigin of wealth: TelecomIndustry: TelecomAge: 66Country: EgyptResidence: CairoEducation: Swiss Federal Polytechnical Institute, Master of Science; Swiss Federal Polytechnical Institute, Bachelor of Arts/Science. He also controls the world's largest luxury watchmaker, Cie. Financiere Richemont, through a family trust. The second richest isNassef Sawirisof Egypt, whose largest asset is a nearly 6% stake in sportswear maker Adidas. Motsepe benefited from South Africas Black Economic Empowerment (BEE) laws, mandating that companies be at least 26% black-owned to get a government mining license. Farming and agriculture has a poor image in popular culture, but it remains a solid investment for families and people around the world. Adenuga, Nigerias second richest man, built his fortune in telecom and oil production. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a mining services contracting business. Oppenheimer owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa. Geena Bhai Patel 8. The Nigerian billionaires wealth rose following a year-to-date price increase in the shares of Dangote Cement Plc. The Bellevue, Switzerland-based company's brands include Jaeger-LeCoultre and Cartier. It has interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene. Ghana, a prominent petroleum and natural gas producer with the sixth-largest crude oil reserves in Africa and the twenty-fifth-largest in the world, is the tenth-richest country in Africa. Their many brands include Wonderful Pistachios, Fiji Water, Halo clementines, and POM Wonderful. They certainly learned from these. Mansour worked as a busboy in a pizza parlor while at North Carolina State University to pay for college. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. Harrys company, Stine Seeds, is the largest private seed company in the world. Net worth: $1.6 billionRank in 2020: 16Net worth in 2020: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 45Country: TanzaniaResidence: Dar es Salaam. His dairy farm became the foundation that his two sons, Ron and Tony, would later advance. Soon he branched out into the animal-feeds business. Fu Guangming 8. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights. Money; List-Worthy . Plants to Grow on Your One Acre Farm. For 85 years until 2012, the Oppenheimer family occupied a controlling spot in the worlds diamond trade. Cape Verde, with a GDP per capita of $8,716, is the richest country in West Africa and 119th in the world. 2. 3, worth an estimated $8.7 billion. "With higher overall foodgrain production, we expect farmers' income to remain . Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. What can you farm on 1 acre? 6. All Rights Reserved, How Africas Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. The two millionaire farmers have a net worth of $4 billion. Get the best of Forbes Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Being a founder of China Minsheng Bank, the only bank in the country since 1949 to be established without direct state ownership, Liu holds about 7% of China Minsheng Banks shares. A University of Chicago graduate, he donated $24.1 million to the school in 2019 to aid Egyptian students and fund an executive education program. And His Current Teams, Alexander Djiku Biography ; How old is Djiku? As per the index, President Dangote Group, Aliko Dangote, has retained his position as the continents wealthiest man for the eleventh year in a row with a net worth of $20.5 billion, up from $20.3 billion last month. Vadim Moshkovich 6. Dangotes grandfather was a successful trader of rice and oats in Kano, Nigerias second-largest city. It is not without cycles, however. Colin and Dale Armer 6. Wapnick is one of the top 5 shareholders in each company, and her shares are estimated to be worth R544 million, according to Forbes. Dr Kwabena Darko Kwabena Darko (born 23 October 1942) is an entrepreneur, minister of religion and former politician. His net worth is around $3.4 billion. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. 10. All Rights Reserved. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.) This is how far we could go in the search for who the richest farmer is. Vadim Moshkovich net worth is $2.3 billion. King Goodwill Zwelithini of Zulu South Africa. Sawiris split Orascom Construction Industries into two entities in 2015: OCI and Orascom Construction. Naspers sold a 2% stake in Tencent in 2018; in April 2021 Prosus sold nearly $15 billion worth of Tencent, taking its stake to 29%. He led Naspers to invest in Chinese Internet and media firm Tencent in 2001 by far the most profitable of the bets he made on companies elsewhere. Harry Stine made his fortune by licensing corn and soybean genetics to large multinationals, such as Syngenta or Monsanto. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. If you are trying to become a rich farmer or a successful farmer, there are a few guidelines for success. Farmers homes are their businesses. Rabiu, the son of a businessman, inherited land from his father. Farmers in Zambia. He's made appearances in a few editions of Forbes, the business magazine popular with global corporate heavyweights and the high net-worth set. His wealth is approximately $200 million. Personal Finance - Janice Friedman - October 31, 2018. He joined his fathers soybean cleaning business in Adel, Iowa in 1964. Bao Hongxing 9. Get your business to the top of the list for free, Contact Us for details Farmers in Zambia . Farmers make money by selling consumer products to distributors that bring these products to grocery and retail stores. Harry Stine In March 2021, Motsepe was elected president of the Confederation of African Football, the sports governing body on the continent. Dr Kwabena Darko , John Dumelo and Anthony Kofi Gyamfi are the richest Ghanaian Farmers in Ghana. The familys Leppington Pastoral today has 2,000 cows on 11,000 hectares. Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. I admire Howard Buffett for his devotion to impact investing and leaving a lasting legacy. CEO of Topman farms Anthony Kofi Gyamfi specializes in animal farming and is one of the largest Poultry farms in Ghana. Required fields are marked *. Let's review the habits of some of the richest farmers int he world. The Angolan court claimed that actions taken by Dos Santos, her husband Sindika Dokolo (whodiedin October 2020, reportedly in a scuba diving accident) and one other associate caused the Angolan government losses of at least $1.14 billion. GDP is the total value of goods and ser. He is also involved in charity projects. He made his first million at age 26 selling lace and distributing soft drinks. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. He denies any wrongdoing. It is present mostly in the Chinese market, but also in a few countries abroad, such as Singapore, Vietnam, Indonesia, or Cambodia. 3. Morocco - $302.77 billion. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s. Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. His other assets include stakes in mobile phone networks in Burundi and Lesotho, and investments in fintech and power distribution firms in Africa. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. Tea farm in South Africa. The Perich brothers have since expanded into property development, and the family fortune recently topped $1 billion. Categories: Farmers Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. 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