T here is a new richest person in Black America. On Tuesday, Forbes released the annual Forbes 400 ranking of the nation’s wealthiest people. Four members of the ranking are Black. The richest of all ...
LAGOS, Nigeria — The four richest Africans are wealthier than about half of the continent's 750 million people, anti-poverty charity Oxfam said in a report published on Thursday, warning widening ...
With the island officially secured, analysts say its value has unlocked a major boost to Suri’s fortune. The billionaire ...
One African island is steadily attracting high-net-worth South Africans—and it’s not just for the beaches. According to BusinessTech, Mauritius, recently ranked Africa’s most peaceful country in 2025, ...
South Africa’s richest individuals now hold a combined net worth of R666 billion, according to Forbes' real-time billionaire tracker.
Opinion

How Africa Can Get Rich

Many African countries inherited their tax systems from France. A tax system that consisted only of a VAT of 18%, with no income or payroll taxes, would probably generate the same or higher ...
In 2000, Africa had no billionaires. Today it has 23 whose, combined wealth has soared by 56% in just the past five years, reaching a staggering $112.6 billion. Africa’s richest 5% hold nearly $4 ...
President and CEO of Dangote Industries Aliko Dangote arrives to attend the inauguration of Dangote Petroleum Refinery and Petrochemicals in Lagos, on May 22, 2023. [AFP] The four richest Africans are ...