What It's Like To Be A Billionaire In Africa
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- Опубликовано: 25 июл 2024
- Are you ready to learn about the lives of Africa’s billionaires? Today, we’re going to show you how the richest people in Africa live and show you exactly how much they are worth. Africa’s wealthiest own incredible homes, expensive private jets, and cool cars. Many of these billionaires made their fortune from oil and gas, construction, or diamond mining. There are now 18 billionaires living on the continent - that’s down slightly from a peak of 23 billionaires in 2018 but up significantly since the year 2000 when there were 0 billionaires living in Africa. The richest person in Africa is Nigerian business magnate Aliko Dangote. At the time of producing this video, he had a net worth of $12.4 billion. That’s 30% more than he was worth in 2020. The cause for this rise in wealth? Well, it’s because Dangote Cement’s share price rose considerably in the last year.. He founded the multinational cement manufacturer and it’s still his largest holding. At the time of producing this video, the company had a market cap of 4.17 trillion Nigerian Naira. Converted to US currency, that’s more than $10 billion. Africa’s massive infrastructure projects are making Dangote very rich. Africa’s second richest person is Egyptian businessman Nassef Onsi Sawiris. At the time of pricing this video, Sawiris had a net worth of $8.5 billion. He inherited his massive fortune from his father, who founded Orascom Construction. He’s now the CEO of Orascom as well as a supervisory director at Adidas. Here’s a look at what it’s like to be a billionaire in Africa. Keep watching to find out more about the lives of the richest people in Africa.
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Written by: Rob Cramer
Narrated by: Adam Newmark
Edited by: Andrew G.
For copyright matters please contact us at: legal@valnetinc.com
CHAPTERS:
00:00 Intro
00:42 Africa’s Billionaires
03:58 The Wealthiest Parts of Africa
05:17 Excess in Africa
07:59 Wealth Gap in Africa 
Развлечения
Ever since l was a little boy, l knew I would make it big, I still want to believe there is a place in this world for an ordinary boy like me😭
The world is for ordinary people, the money in the world is for extraordinary people
Choose to be extraordinary
That awkward moment when you realize that several heads of state of the continent have fortunes that dwarf anything mentioned on this list.
Embezzled money tho
When you invest, you're buying a day you don't have to work
Assets that can make you rich
Bitcoin
Stocks
Real estate
You're right, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor
I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this
I wish I knew about this Bitcoin trading earlier, brace up and get yourself some Bitcoin before it's too late
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
"popping up left and right...18 billionaires, down from 23" what a contradictory statement
The comparison was from 2000 to now.
1 billionaire a year for a CONTINENT with over a billion people is ridiculously less. Singapore and Hong Kong have more billionaires each even though their population is a hundred time smaller. So it is over exaggerated
African "leaders" are billionaires..... I guess this video just limited the category to African Billionaires whose wealth can be traced to legitimate earnings 😉
Smart man
Billionaires in their country’s currencies 🤔
Those African leaders should face capital punishment though.
Not being funny but African billionheirs could at least give to the poor as the country is lacking in support.
@@user-kf8uh3ug7mAfrica is not a country
Africa is Richer than you think. There are more billionaires in Africa you don’t really know about
Exactly. According to Nigerian Obasanjo there is 25 US Dollar Billionaires in NIgeria alone. Also Dangote's networth is way higher than what's on forbes. Bloomberg claims it's 17 Billion but African magazine Ventures Africa claims it's 25 Billion. In 2014, before Naira crash, his networth was 23 Billion on forbes which made him the 23rd richest person in the world.
Yeah technically every president in Africa will be a billionaire after his or her term😂😂
Then there's the governments which people assume are very corrupt
So true almost all the country's in africa have billionaires
Like the president's that steal our money
Next billion for Africa is gonna be me from Kenya 👁
We well see
I can believe that. They’ll be a tech billionaire😊
Kabisa🙌🙌🙌
Amen .well spoken
@@thandisilec835 💯
The world has taken a dynamic turn from a salary expectancy Era to a more capitalist approach. Everyone wants to be financially independent or successful. It depends on an individual to make a key decision for his or herself.
It is quite certain that everyone wants to monopolize a business or be actively involved in one or invest hugely in a business that will stand the test of time with guaranteed profit
We as African will get at the top too, in about 10 to 15 Africa won’t be same anymore. There’s a lot of mega if not more millions with of projects under construction in a lot of countries and cities. ❤️🇺🇬🤞🏾
i hope, but i dont think that.
Nice sharing, keep safe and may God bless you always.
These guys should invest in their continent... they could do so much
African people are very rich, our governments just don't invest in infrastructure because they loot most of the money that is why the place appears poorer than it actually is.
Like bilgates invests in america
@@williamwatitwa3534 America doesn't need money from Gates
When you invest, you're buying a day you don't have to work!
For you to be rich, tactical steps must be taken to retaining it.
Nice one
Crypto Trading has been the best way to earn geniun cash, waiting for the Government it's a total waste of time
Can I earn up to €17000 weekly?
It's very possible
I go to Steyn City a lot and that house is crazy to look at from the golf course.
My father made some business failures and they're still building the business which am supposed to join when I graduate.. it looks like the younger generation is going to build it... time to get back what we have lost ...
Wanna be my friend?😉
Lol my South African homies u heard how he said Johannesburg lol...
and constantia lol
Basically everything 😂
🤣
He said it the correct way 🤷
Jiiiirrrre
Most people do not realize how much bigger 1Billion is compared to 1Million.
1Million seconds is about 11days. 1Billion seconds is 31.6 years!
0:50 I think it's safe to say 'documented' billionaires because there are a lot wealthier folks who are billionaires, for example, the ghost largest shareholder of Masimba Holdings in Zimbabwe
Handivazive ini
Handivazive ndiani ivavo
@@swaytannic1179 That's the point no-one really knows who he is for sure. Although it has been thought to be pakati pa Kuda Tagwirei, mfec we Sabot or the late Samm Levy. Before Masimba went public that individual owned 42% stake and assuming its one of those 3 yet now they are already worth more than 400 mln each and add Masimba's share value they're definitly getting into around 1.1Bln dollars...now even after Masimba payakaenda public he was never disclosed to the public who that person really was
Interesting and worthwhile video.
You missed to report Mike Adenuga, Femi Otedola and Abdulsamad Rabiu those are billionaires also in Nigeria.
I realized that the secret to making a million is saving for a better investment. l always tell myself you don't need that new Aston Martin or vacation in Hawaii just yet and that mindset helps me make more money Investing.
At a time like this, some are wondering whether bitcoin is a good investment. Anyone considering investing should remember that all investments involve some risks, whether they're stocks, commodities, or Cryptocurrencies such as bitcoin.
For real is bitcoin a good investment? I'd love to have a diversified growth portfolio of about ($50k -$100k) that I can be aggressive with
Bitcoin's price has risen more than 60% this year alone meanwhile, the S&P 500 has risen 3%, investors have piled into bitcoin to hedge their portfolios. In these uncertain times, putting money in assets that are unrelated the traditional financial system seems like a good investment.
Imagine being an investor, doing good financial freedom No stress, all the free time to do whatever whenever.. My goal..
Regardless of all, lnvesting in crypto markets trading still remains one of the best ways of getting out of poverty and obtaining financial freedom in this global economic pandemic
Being a billionaire off natural resources, i mean those natural resources are supposed to be for the people not for a particular family.. I only respect billionaires who've worked their ass' off from nothing not those who come and claim everything that's suppose to benefit the people
? you dont become a billionaire without exploiting people. 🙄😂
@@user-mq9lx9im3x you must be a beneficiary too
Very much so.
If you want to be rich you just can’t make everybody happy, it is what it is
@@Face256 why should you make anyone happy at all?
Dangote be like..ima trillionare in Nigerian terms😛
Akon is also building a 6 billion futuristic city in Senegal
Its a lie
No China is and they are using Akon.
@@lewis.9770 yeah I figured 😒😒
@@quaweeguy That's good US and western Europe have never done anything important in Africa all they have been doing for 50 years was fund coups, throw their trash here (second hand clothes and nuclear waste), offer market for black market diamonds and oil, keep African in debt traps, offer one-sided trade deals, and teach their population Africa=poverty through media and schools to discourage direct investments, well China came to the picture and they have invested trillions of dollars in building the much needed infastructure, and they give mutually beneficial trade deals to support commerce in Africa, I hope China wins the anticipated war against hypocritical west once and for all so we can do away with racism and neo-colonialism
@@quaweeguy lol
A continent of astounding wealth for the few and persistent grinding poverty for the masses is a stark contrast. We truly live in a 3D dual reality. I hope and pray for the best for all.
a black misery is the media that shows it as elephant back to go to school it's rather middle class so it's almost everywhere the same
Good one
they are all old, we gonna be the future young billionaires of Africa.
Can you, seriously you say that but can you bring yourself to their current statuses
There all millionaires as of current times but in the next decade they will be billionaires
If you invest in cryptocurrency you'll have a good chance
@@j.s.10 I know, but I also want to create.
U look like x
africa wouldve been the richest continent due to the fact all the minerals the continent has. diamonds, crude oil, gold, coffee, tea, uranium etc....
Some of Those "diamond mines" are built off blood diamonds whicb leads to thousands of deaths and people held as diamond slaves 😐
Ok
thats what make it expensive instead of grown lab diamond... they can feel the misery aura from those natural diamond lol
@@armn8816 ye smh
With land they didn’t even buy just seized
@@animebrospodcast4577 ye fax bro
Nobody becomes a millionaire or a billionaire by working for others and depending on them. Good investment brings millions of dollars and consistency brings billions; the market is all about bitcoin at the moment I pray that anyone who reads this will be successful
I really like your information and your RUclips channel is very awesome sir I support you all the time
So nice of you
@@Therichest unofficially there are more than over 37 billionaires in nigeria and more multi millionaire than you can imagine
Lol,the lady is worth $1.4 billion and her home is $700million lol,how did she get so rich ,if she spends so much
Maybe 700million 'nairas'
@@humblewiz4953 no it's dollars hook it up the most expensive house in Nigeria
Shes into oil and gas industry make research's
@@humblewiz4953 it’s in dollars $700million
Simple, getting paid
Please talk about ERIC MANDALA, DOKOLO SANOU, LUC GERARD, LEDYA for DRC CONGO 🇨🇩
A Swiss bank disclosed that they are 200 African billionaires whose companies financial information are all private because they are ltd’s
Good job
Awesome
MAKE A VIDEO ABOUT SOUTH AFRICA PLEASE
Africa is the richest continent in whole world by the raw materials that are there 🇿🇦🇿🇦🇿🇦🇿🇦
Why are your South Africa billionaire WHITES?
@@markfeltonproductions6814 because in south africa there is white people?
Raw materials mean fuck all if you don't know how to use them
Maybe I'll start taking these Nigerian prince's emailing me more seriously
Bro don't do it im a Nigerian it's a scam
🤡
😅😅😅😅🤣
😄😄😄😄
@@coolvidd7250 thank you
Hey man, I bet you have no idea about mansions in SA. The mansions you showed are nothing compared to what you find in SA. Just visit areas like Clifton, Camps Bay etc. Or google most expensive mansions in SA, you will tell
Also Kenya Nairobi has very luxurious mansions
Its not a matter of luxurious mansion how much is it worth? In Nigeria we got a mansion of $700m tell me who got that where your from?
@@benjaghomi4014 lol, you may be out of your mind. $700million dollars??🤔🤔 Go lie to your Nigerian brothers. It may be in your currency(Naira) but not in dollars. We talking about mansions not buildings.
@@benjaghomi4014 Kenya has houses worth billions do your homework
@@omeresyga a simple Google search would do
It's the most expensive house owner by a woman
Fun fact: The richest man of all time was mansa musa from WEST AFRICA!!
Facts 🎯💯
Can't count a king /president
@@khwezelihleshongwe5271 why not?!...business is not the only way
Actually, it was more likely to be Gengis Khan from Mongolia.
Awesome ans very nice
Let's not ignore the fact that Dangote is profiting by monopolizing industries in Nigeria with the help of the government. That man's products can't thrive in a competitive market. That is why you will never see his company's noodles and spaghetti in market.
I’m telling yawl, Africa is the future place to be
definitely not in are time.
Stop cappin
Wow.....very inspiring
It’s amazing that Africa in the early 1900s was basically a completely unindustrialized Bronze Age society they have developed incredible quickly hope more progress is made
Africa was already in the Iron age. That is a myth. Yoruba Statues in British museum prooves that.
Mansa Musa, one of the wealthiest men in history, was African. He lived in the 14th century.
Bantus were ironsmiths visit British museum and you will find captured Artifacts from East African kingdoms like Buganda and get yourself educated with African literature because western media and school systems only makes people minimalist racist since they present Africa as a sort of big village in some jungle with starving children and people running around with AK-47s killing each other, while in reality it's only 1% of Africa is like that
Do a video on Africa's Youngest Billionaire Nana Kwame Bediako. And the Mega City He is Building Pretoria City
Dang early today
I can live in a trailer be a billionaire and still be content 😂 some of us build different
20 years from now, they gonna be asking me😤🔥
God bless Africa
Watching from Africa.
Love & respest for Africa 🌍
Interesting
"State of the art security &&&&& Bullet proof windows" ... hmmm, wonder why
they need those in American schools
South Africa & Nigeria was all you spoke about
Thanks for the video, We all have problems; the way we solve them is what makes us different, i pray anybody reading this God will solve all your problems.
Sometimes i wonder how people get rich at these days.
if you want to be successful have the mindset of the rich,spend less and invest more. don't give up your dreams.
₊₁₈₇₇₄₄₄₁₁₁₇
Rupert's father is from the fifth oldest town in South Africa
I live in South Africa 🇿🇦
Just now i watch black panther again.I hope africa could be lile that one day
Have no fear of
perfection
You'll never reach it
I'm not aware of any billionaire who didn't reach that status without exploiting someone else. Some may have become more generous once they became wealthy but to get there they preyed on others.
Not really... The one clear cut example would be Micheal Jordan
Many others aswell
Is this even real?! What wealth, true wealth look likes.. WOW!
Noo I run 10 miles only to get some Wotah
Not gonna lie Nigeria is fun I wouldn't leave either.
then why is south africa crawling with nigerians, but no south african wants to go there
@@katisop5991 rainbow nation.
@@katisop5991 because we are hustlers we look for money every where thats why we are more successful and you all are xenophobic and jealous
@@benjaghomi4014 id most def second the hustlers argument, as for xen and jea, its honestly a minority. ive seen a lot of people beautifully changing their lives here in sa and if you go to vuitton etc its mostly non south africans and chinese and you end up looking like a visitor in your own country lol
One day I'll be millionaire
Johannesburg the city of gold
Million Billion Wow!
Africa is rich.
THANK YOU FOR SHOUTING OUT AFRICA FROM SOUTH AFRICA 🙏🙏🔥🔥🔥💪
It's not just about feeding people .. we get hungry daily.. they have to have structure and roles..
First to see the vid
Palazzo Mansion is build with taste.
Sir make a video on Nepal and bhutan please.
Africa is the future
The way he pronounces Dangote is so funny😭
Anybody else see the COD map rust at 0:17 or am I the only one🤷♂️
You are the only one
Have no fear of
perfection
You'll never reach it
South Africa 🇿🇦
Please, there is no place called LAAGGOS in Nigeria. It is Lagos.
Africa is great
The Richest didn't scope into Ghana!
We also have billionaires too!
I'm so happy I just got into bitcoin trading and I made my first profit,I wish i knew about bitcoin earlier I would have made a lot of money by now
Seriously For real bitcoin is a life changing business which can change anyone
Generally the world is now aware of bitcoin trade
I tried so much to trade on my own and also looking for a proffesional to start my trade with
@@michaelrobert4608 *Here is his W h t s a p*
Glad to see that Akeem isn’t squandering Zamunda’s money.
Funny
Time to visit McDowells
So that's where Africa's water goes
Yeah dankote will drive buggattii😂
I'm also an African billionaire. Big ups to Africa 🫶🏽
I have never thought Silicon valley or Dubai when I hear billionaires .🙄🙄🙄🙄
He's not talking about you or exceptions he's talking about the majority 🙄
@@ideal-life192 Nobody in Asia think about Silicon valley or Dubai when we hear the word billionaires, And don't you know that Asia has ⅔ of the total population of the world.
Than who is in mejority ?????
@@asianfamily5275 Asia has a lot of people, but little money
Wait have you just forgotten the politicians 😁😁😁
😂 they just don't know
I am also a Nigerian
And I am from imo state
And I live at itoki ogun state
me too am in lagos state
What are they doing about the poverty in their country.
probably more than you are doing
Absolutely nothing, asking the rest of the world to donate
What american and European billionaires are doing to theirs
@@caffeineisking8132 Donate and invest are two words my friend and don't assume we can't do anything on our own bro you are uneducated and think every african country has only poor people wake up and smell the roses man
@@The_great-grocey sure are taking their time 'investing' in the poor over there
The corruption in Africa is off the charts the difference between people who have and who haven't is disgusting
So this episode is basically what its like to be a billionaire in Nigeria and South Africa.
Every thing happen in one day
The way he said Johannesburg had me dying of laughter!
Very impressive to all you rich trillion billionaires. How about you guys sharing some with the poor African kids the homelessness around there. How about you putting me up with some information . Me myself you isidro Ruiz 👋 I would like to meet and be part of your team .I Love money myself 🙃🙂
I mean Elon Musk is a South African billionaire Because you know hes from there
But if he would live in South Africa he would never be Able to become that much wealthy.
And if you wanna say him as African then you much have to know that 40 % of American billionaires are Asian .
@@asianfamily5275 ok and
@@kingmoctezuma21 lmao
@@kingmoctezuma21 Not South African anymore he's American now
@@Jbeat17 na
So many extremely poor people over there you would think they would help their people more as rich as they are
🤫🤫🤫 worry about the poor people “over there” sheesh
Okay,not all rich people here in Africa help the poor,but the amazing thing,the poor help the poor in Africa
I’m African but was raised in the states, it’s crazy how you talk about poor people in Africa but it is crazy here too and yet the USA has the highest no of billionaires and millionaires.
I don't know of anybody. But Dangote really helps the poor alot. He has donated to many foundation, he has his foundation, provide scholarship, empower people, help displaced people and many more.
They are doing what they can.
Nigeria definitely has more than 3 billionaires lol, a lot of them are just really low key
Range of dollar bilionair in Africa are over hundred individually which one of Ethiopia richest man had over 10 billion dollar from 2008
Wakanda forever.
sound in this video is terrible, music is too loud.
I lyk how u said Elon Musk but he was born and raised in South Africa