Africa, known for its vast natural resources and growing technology landscape, is now home to a new generation of billionaires. In 2025, the continent has not only produced some of the richest men and women in the world but also some of the youngest billionaires in Africa. These individuals are proof that wealth is no longer tied only to age and long years of experience. Instead, innovation, entrepreneurship, investments, and strategic thinking have paved the way for these young billionaires.
This article highlights the top 10 youngest billionaires in Africa in 2025 and their net worth, with detailed insights into their businesses, sources of income, and how they became wealthy. We will also discuss related topics such as how billionaires make their money in Africa, the industries producing young billionaires, and common FAQs about African billionaires.
Summary Table – Youngest Billionaires in Africa 2025
| Rank | Name | Age | Country | Net Worth (2025) | Main Businesses / Industries |
|---|---|---|---|---|---|
| 1 | Mohammed Dewji | 49 | Tanzania | $2.1 Billion | METL Group (Manufacturing, Distribution, Agriculture) |
| 2 | Ashish J. Thakkar | 44 | Uganda | $1.5 Billion | Mara Group (Tech, Finance, Real Estate) |
| 3 | Isabel Dos Santos | 52 | Angola | $1.2 Billion | Telecoms, Banking, Energy, Investments |
| 4 | Rabiu Rabiu Jnr | 43 | Nigeria | $1.1 Billion | BUA Group (Cement, Sugar, Real Estate) |
| 5 | Mohammed Hamid | 47 | Uganda | $1 Billion | Aya Group (Food Processing, Hotels, Agriculture) |
| 6 | Michael Momoh | 42 | Nigeria | $950 Million | Oil & Gas, Energy, Real Estate |
| 7 | Igho Sanomi | 49 | Nigeria | $900 Million | Energy, Trading, Shipping |
| 8 | Amy Jadesimi | 49 | Nigeria | $850 Million | Oil & Gas Services (LADOL) |
| 9 | Patrice Motsepe Jnr | 43 | South Africa | $820 Million | Mining, Investments |
| 10 | Stephen Saad Jnr | 45 | South Africa | $780 Million | Pharmaceuticals, Healthcare |
Note: Net worth values are estimates based on business valuations, asset holdings, and financial disclosures as of 2025. Currency fluctuations and private assets may affect actual wealth.
Who Are the Youngest Billionaires in Africa in 2025?
The youngest billionaires in Africa come from different industries such as manufacturing, oil & gas, banking, real estate, telecommunications, and technology. Most of them are entrepreneurs who built businesses from scratch, while a few inherited wealth and successfully expanded family empires.
What sets them apart is their ability to adapt to Africa’s dynamic economy, identify opportunities, and use technology and globalization to grow their businesses. Their wealth represents not only personal success but also Africa’s potential in the global economy.
1. Mohammed Dewji – $2.1 Billion (Tanzania)
Overview
Mohammed Dewji, often called “Mo Dewji,” remains the youngest billionaire in East Africa. Born in 1975, he is just 49 years old in 2025. He is the CEO of MeTL Group (Mohammed Enterprises Tanzania Limited), one of Africa’s largest conglomerates.
Businesses and Wealth Sources
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Manufacturing (textiles, beverages, edible oils)
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Agriculture and agro-processing
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Trading and distribution across East Africa
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Logistics and infrastructure investments
Why He Is Notable
Dewji modernized Tanzania’s industrial sector and expanded operations across more than 10 African countries. His company employs over 30,000 people, making him one of Africa’s biggest private employers.
2. Ashish J. Thakkar – $1.5 Billion (Uganda)
Overview
Ashish Thakkar, born in 1981, is 44 years old in 2025 and recognized as one of Africa’s youngest billionaires. He is the founder of the Mara Group, a pan-African business conglomerate.
Businesses and Wealth Sources
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Technology (Mara Phones, Africa’s first smartphone brand)
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Finance (Mara Capital)
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Real estate and infrastructure investments across Africa
Why He Is Notable
Thakkar started as a refugee in Uganda before building one of Africa’s most successful businesses. His company is helping Africa embrace the digital revolution.
3. Isabel Dos Santos – $1.2 Billion (Angola)
Overview
Isabel dos Santos, the daughter of Angola’s former president, is one of the richest women in Africa. Born in 1973, she is 52 years old in 2025.
Businesses and Wealth Sources
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Telecommunications (Unitel)
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Energy (stake in Galp Energia)
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Banking and financial services
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Real estate and infrastructure
Why She Is Notable
Despite controversies surrounding the source of her wealth, Isabel remains influential in business and politics across Africa.
4. Rabiu Rabiu Jnr – $1.1 Billion (Nigeria)
Overview
Rabiu Rabiu Jnr, son of Nigerian billionaire Abdul Samad Rabiu, is 43 years old in 2025. He is actively leading divisions of BUA Group, one of Nigeria’s largest business empires.
Businesses and Wealth Sources
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Cement and construction
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Sugar and agro-processing
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Real estate and infrastructure
Why He Is Notable
Unlike some heirs, Rabiu Jnr is deeply involved in operations and expansion projects, positioning BUA as a global brand.
5. Mohammed Hamid – $1 Billion (Uganda)
Overview
At 47 years old, Mohammed Hamid is among the youngest African billionaires. He is the chairman of Aya Group, one of Uganda’s largest privately-owned companies.
Businesses and Wealth Sources
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Food processing and beverage production
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Hotels (Kampala’s largest hotel projects)
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Agriculture and distribution
Why He Is Notable
Hamid has transformed Uganda’s food and hospitality industries, with plans to expand across East Africa.
6. Michael Momoh – $950 Million (Nigeria)
Overview
Michael Momoh, aged 42 in 2025, is a rising figure in Nigeria’s oil and gas sector.
Businesses and Wealth Sources
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Oil & Gas exploration and production
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Energy services
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Real estate developments
Why He Is Notable
Momoh represents the new generation of Nigerian oil billionaires, blending energy with technology-driven innovations.
7. Igho Sanomi – $900 Million (Nigeria)
Overview
Igho Sanomi, born in 1975, is 49 in 2025. He is the founder of Taleveras Group, a global energy and trading company.
Businesses and Wealth Sources
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Oil & Gas (exploration, trading)
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Shipping and logistics
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Real estate investments
Why He Is Notable
Sanomi was once the youngest billionaire in Nigeria and continues to influence Africa’s oil trade.
8. Amy Jadesimi – $850 Million (Nigeria)
Overview
Amy Jadesimi, aged 49 in 2025, is one of the few female billionaires in Africa. She is the managing director of LADOL, Nigeria’s leading oil & gas logistics base.
Businesses and Wealth Sources
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Oil & Gas services
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Logistics and infrastructure
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Marine services
Why She Is Notable
Jadesimi has positioned LADOL as a hub for Nigeria’s offshore oil and gas industry, driving female representation in billion-dollar industries.
9. Patrice Motsepe Jnr – $820 Million (South Africa)
Overview
Patrice Motsepe Jnr, son of billionaire Patrice Motsepe, is 43 years old in 2025 and rising as one of South Africa’s young billionaires.
Businesses and Wealth Sources
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Mining investments
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Private equity and venture capital
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Renewable energy
Why He Is Notable
While his father is a billionaire, Patrice Jnr is independently building his own empire with investments in renewable energy and mining.
10. Stephen Saad Jnr – $780 Million (South Africa)
Overview
Stephen Saad Jnr, at 45 years old in 2025, is following in the footsteps of his father, Stephen Saad, founder of Aspen Pharmacare.
Businesses and Wealth Sources
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Pharmaceuticals
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Healthcare
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Medical technology
Why He Is Notable
He is leading healthcare investments across South Africa and expanding into global pharmaceutical markets.
How Do Young Billionaires in Africa Build Their Wealth?
Young African billionaires make their money through:
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Entrepreneurship – Building businesses in growing industries like tech, energy, and manufacturing.
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Inheritance – Expanding family-owned businesses.
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Investments – Private equity, real estate, and international ventures.
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Innovation – Using technology to solve African problems (fintech, mobile tech, renewable energy).
Industries Producing the Most Young Billionaires in Africa
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Oil & Gas – Nigeria, Angola, Uganda
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Manufacturing – Tanzania, Nigeria
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Telecommunications & Tech – Uganda, Angola
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Real Estate & Construction – Nigeria, South Africa
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Healthcare & Pharmaceuticals – South Africa
FAQs – Youngest Billionaires in Africa 2025
1. Who is the youngest billionaire in Africa in 2025?
Mohammed Dewji of Tanzania, aged 49, is currently the youngest billionaire in Africa with a net worth of $2.1 billion.
2. How many billionaires are under 50 in Africa?
At least 10 billionaires in Africa are under 50 years old in 2025.
3. Which country has the most young billionaires in Africa?
Nigeria has the highest number of young billionaires, followed by South Africa and Uganda.
4. Are there female young billionaires in Africa?
Yes. Isabel Dos Santos (Angola) and Amy Jadesimi (Nigeria) are notable examples.
5. What industries make young billionaires in Africa?
Mainly oil & gas, technology, real estate, and manufacturing.
6. Can tech entrepreneurs become billionaires in Africa?
Yes, especially with fintech, e-commerce, and digital services rapidly growing.
7. Do young billionaires in Africa inherit or build wealth?
Some inherit (like Rabiu Jnr and Motsepe Jnr), while others build businesses (like Dewji and Thakkar).
8. Who is the richest young female billionaire in Africa?
Isabel Dos Santos of Angola with $1.2 billion.
9. How accurate are billionaire net worth estimates?
They are based on business valuations, public filings, and asset values but can fluctuate with markets.
10. Will Africa produce more young billionaires in the future?
Yes, with digital startups, renewable energy, and fintech creating new billionaires under 40 in coming years.
Conclusion
The top 10 youngest billionaires in Africa in 2025 represent Africa’s entrepreneurial spirit, economic growth, and global influence. From Tanzania’s Mohammed Dewji to Nigeria’s rising business heirs, these billionaires are shaping the continent’s future.
Their stories prove that wealth in Africa is no longer reserved for older generations. Instead, young billionaires in Africa are creating jobs, driving innovation, and proving that Africa is a land of opportunity.