Africa’s Lowest-Ranked Billionaires in 2026

Africa’s Lowest-Ranked Billionaires in 2026 Africa’s Lowest-Ranked Billionaires in 2026
Africa’s Lowest-Ranked Billionaires in 2026. Credit: TruthOut

The 23 members of Africa’s three-comma club collectively hold $126.7 billion, up 21% from 2025. Still, not all billionaires on the continent saw their wealth increase over the past year.

While some top tycoons added billions, four billionaires remain at the lower end of the list, with net worths estimated at $1.3-$1.4 billion, far below the richest, such as Aliko Dangote, who is worth $28.5 billion.

Below are the six “poorest” African billionaires in 2026, according to Forbes’ latest ranking.

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Yasseen Mansour – $1.4 Billion/Diversification 

Yasseen Mansour. Credit: Sada Elbad

Yasseen Mansour is an Egyptian billionaire and shareholder in the family-owned Mansour Group, founded by his father, Loutfy, in 1952. The conglomerate is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. His brothers, Mohamed and Youssef, are also billionaires and part-owners of the group. Yasseen serves as chairman of Palm Hills Developments, one of Egypt’s largest real estate developers.

Samih Sawiris – $1.4 Billion/Service

Samih Onsi Sawiris at the new Andermatt hotel ‘The Chedi’. (KEYSTONE/Justin Hession )

Samih Sawiris is the youngest son of Egypt’s wealthiest family and the founder and chairman of Orascom Development Holding, which builds and operates resorts in Egypt, Montenegro, and Switzerland. His brothers, Nassef and Naguib, are also billionaires, and his son, Samih Jr, serves as chairman of Orascom Development’s board. The family also owns stakes in Orascom Construction, a publicly traded company founded by their father in 1950. Sawiris is a board member of the Sawiris Foundation for Social Development (SFSD), which focuses on creating sustainable jobs for Egyptians.

Femi Otedola – $1.3 Billion/Energy

Africa’s Lowest-Ranked Billionaires in 2026
Femi Otedola. Credit: CediRate

Femi Otedola is a Nigerian billionaire who made his fortune in commodities before shifting to the energy sector. He is the chairman of Geregu Power, holding more than 70% of the shares. Between 2022 and 2023, he reduced his stake from over 95% to bring in institutional investors, including the Nigerian government, the Afrexim Fund for Export Development in Africa, and the State Grid Corporation of China. Otedola also holds properties in Lagos, Dubai, London, and Monaco and has stakes in Zenith Bank and FBN Holdings.

Anas Sefrioui – $1.3 Billion/Real Estate

Anas Sefrioui. Credit: jeuneafrique

Anas Sefrioui is a Moroccan billionaire and founder of the listed homebuilder Groupe Addoha, which has grown solely through government contracts. He built his fortune by developing low-cost housing in Morocco. His daughter, Kenza, serves as the company’s deputy chairman.

 

Author

  • Jimisayo Opanuga

    Jimisayo Opanuga is a web writer in the Digital Department at News Central TV, where she covers African and international stories. Her reporting focuses on social issues, health, justice, and the environment, alongside general-interest news. She is passionate about telling stories that inform the public and give voice to underreported communities.

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