Number of millionaires and billionaires in Africa 2022
2,000 more millionaires. The number of centi and multimillionaires has increased as well. In 2021, the richest individual in Africa was the Nigerian Aliko Dangote. Founder and chairman of Dangote Cement, the largest cement producer in the whole African continent, the billionaire also owns salt and sugar manufacturing companies.
Total private wealth in Africa amounted to 2.4 trillion U.S. dollars in 2022. The amount was accumulated by over 140,000 individuals, among millionaires, centimillionaires, and billionaires. Compared to 2021, the continent counted