Top 10 billionaires in Africa and how they made their money

Elikem M. Aflakpui August 02, 2019
Top 10 billionaires in Africa and how they made their money
Nicholas F. Oppenheimer

Nicholas F. Oppenheimer (Net worth: $7.3 B)
Like Dangote, Nicky was born into a wealthy family. His father, Harry Frederick Oppenheimer was a successful businessman in South Africa and one of the world’s richest men. In 2004, he was voted 60th in the SABC3’s Great South Africans. He was the chairman of Anglo-American Corporation for 25 years and chairman of De Beers for 27 years until he retired and passed on the position to his heir, Nicky.

De Beers is a diamond mining company. During an auction in the year 2016, the rare Oppenheimer Blue diamond, was sold for $57.5 million which set a record for the most expensive diamond sold at an auction. The Oppenheimer family maintained a dominating place in the world’s diamond trade for a really long time.

In 2012, Nicholas Oppenheimer sold his 40% stake in DeBeers to mining corporate ‘Anglo American’ for $5.1 billion. He is also a non-executive director of Anglo-American Corporation.

Last Edited by:Ismail Akwei Updated: August 2, 2019

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