Michiel Le Roux – Net Worth: $1.2 billion. “Empowering best in class management teams is the only way to transform a local player into a diversified conglomerate with multinational exposure.”, Net worth: $2 billionRank in 2020: 15Net worth in 2020: $3.1 billionOrigin of wealth: petroleum, diversifiedIndustry: DiversifiedAge: 60Country: MoroccoResidence: CasablancaEducation: Universite de Sherbrooke, Master of Business Administration. Net worth: $5.5 billionRank in 2020: 8Net worth in 2020: $3.1 billionOrigin of wealth: Cement, sugarIndustry: DiversifiedAge: 60Country: NigeriaResidence: Lagos. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a contracting business doing mine scut work. Christoffel Wiese is a South African billionaire who truly knows how to … We'll assume you're ok with this, but you can opt-out if you wish. Join Facebook to connect with Michiel Le Roux and others you may know. In January 2020, the attorney general of Angola charged Dos Santos with embezzlement and money laundering. Altogether the 20 African tycoons are worth $68.7 billion, down from $75.4 billion for last year’s list. Michiel Le Roux – Net Worth: $1.2 billion. To value privately held businesses, we take estimates of revenues or profits with prevailing price-to-sale or price-to-earnings ratios for similar public companies. It will be one of the tallest buildings in Africa. For the tenth year in a row, Aliko Dangote of Nigeria is the continent’s richest person, worth $12.1 billion, up by $2 billion from last year’s list thanks to a roughly 30% rise in the share price of Dangote Cement, by far his most valuable asset. Nassef Sawiris is a scion of Egypt’s wealthiest family. Guardian Arts With Adewale, My Mother’s Son, Adesanya reflects life journey. In 2019, Naspers put some assets into two publicly-traded companies, the entertainment firm MultiChoice Group and Prosus, which contains the Tencent stake. Some list members grow richer or poorer within weeks-or days-of our measurement date. Mansour Group is the sole franchisee of McDonald’s in Egypt, as well as the distributor of Gauloises cigarettes. He is a 26-year-old entrepreneur and author. But opting out of some of these cookies may affect your browsing experience. Akhannouch is Morocco’s Minister of Agriculture and Fisheries and the president of a royalist political party. [1][4], "Michel Roux Jr. keeps tradition alive at Le Gavroche", "Michel Roux Jr criticises 'frustrating' BBC as he leaves MasterChef", "TV chef Michel Roux Jr paid kitchen staff below minimum wage", "TV chef Michel Roux Jr scraps tips after he reveals 13% service charge goes to restaurant", "Michel Roux Jr on MasterChef: interview", "Michel Roux Jr savours flavours of two nations", "One of the reasons I follow Rugby League, Wigan Warriors what a team", A Collection of above Three Hundred Receipts in Cookery, Physick and Surgery, Mrs Beeton's Book of Household Management, https://en.wikipedia.org/w/index.php?title=Michel_Roux_Jr.&oldid=1008092318, Head chefs of Michelin starred restaurants, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 21 February 2021, at 14:53. Michiel Le Roux – $1.2 B – 71 [banking] 16. After studying at university in Britain, Masiyiwa worked at ZPTC, Zimbabwe’s phone company. Oppenheimer, heir to his family’s fortune, sold his 40% stake in diamond firm De Beers to mining group Anglo American for $5.1 billion in cash in 2012. Forbes “Africa’s Rich List 2021” ranked Michiel Le Roux as the 5th wealthiest person in South Africa, and the 16th wealthiest person in Africa for 2021, with a fortune of US$1.2 billion. Having finished his military service, Roux then worked for four months in Paris: two months at Charcuterie Gérard Mothu in St-Mandé; and then two months at Boucherie Lamartine on the Avenue Victor-Hugo.[2]. [9] The couple have a daughter, Emily, who is training to be a chef. He founded Capitec Bank in 2001 and owns about an 11% stake. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. One thing to note: Rabiu and his son together own about 97% of the company, giving the company a tiny public float. [4], Roux does not drink between Monday and Friday. When Alain was ten years old, Roux and his wife divorced, with his wife taking British-born Alain and his two sisters to France. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights with its fleet of three planes and two helicopters. By David Dawkins, Ariel Shapiro, Momina Khan, Jennifer Wang, Chase Peterson-Withorn and Kerry A. Dolan. Mansour’s father lost his fortune, when Egypt’s then president, Gamal Abdel Nasser, expropriated his cotton trading company in 1964. [11] He also likes Manchester United[12] and Wigan Warriors,[13] and is a keen marathon runner, having run the London marathon twelve times to raise funds for the children's charity VICTA (Visually Impaired Children Taking Action). And Isabel dos Santos, who since 2013 has been the richest woman in Africa, was knocked from her perch by a series of court decisions freezing her assets in both Angola and Portugal. Facebook gives people the power to share and makes the world more open and connected. Cevital owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. He was the third generation of his family to run DeBeers, and took the company private in 2001. According to the 2020 list of the top 20 richest African billionaires, Egypt and South Africa tied with five billionaires each, followed by Nigeria with four and Morocco with two. Frankie, Corazon Kwamboka unveil son’s face for the first time ... Michiel Le Roux (South Africa) – $1.2 B (banking) #17. Michiel le Roux: Biography of Michiel le Roux, Age, Career, Profile & Net Worth, Michiel Le Roux (born 20 May 1949) is the Founder and current Chairman of Capitec … He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. Net worth: $1.5 billionRank in 2020: 14Net worth in 2020: $1.9 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 75Country: EgyptResidence: CairoEducation: Auburn University, Master of Business Administration; North Carolina State University, Bachelor of Science in Engineering. The 20 Richest Men In Africa Ranked By Their Net Worth In 2021 Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. Aziz Akhannouch is the majority owner of Akwa Group, a multibillion-dollar conglomerate founded by his father and a partner, Ahmed Wakrim, in 1932. Strive Masiyiwa (Zimbabwe) – $1.2 B (telecom) #18. Dewji, Tanzania’s only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. He served as Egypt’s Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. “We [Algerians] have great potential; we can make up for lost time.”, Net worth: $3.2 billionRank in 2020: 9Net worth in 2020: $3 billionOrigin of wealth: TelecomIndustry: TelecomAge: 66Country: EgyptResidence: CairoEducation: Swiss Federal Polytechnical Institute, Master of Science; Swiss Federal Polytechnical Institute, Bachelor of Arts/Science. Rabiu, the son of a businessman, inherited land from his father and set up his own business in 1988 importing iron, steel and chemicals. Remarkably, shares of his BUA Cement PLC, which listed on the Nigeria Stock Exchange in January 2020, have doubled in value in the past year. Motsepe benefited from South Africa’s Black Economic Empowerment (BEE) laws, mandating that companies be at least 26% black-owned to get a government mining license. This has garnered backlash from customers and critics alike, as it leaves the customer with no viable way of choosing how much to tip, and encourages the inference that the optional service charge is now mandatory. [3], After leaving school at age 16, Roux undertook apprenticeship work with Master Patissier, Hellegouarche in Paris. He founded Capitec Bank in 2001 and owns about an 11% stake. Oppenheimer is a sports fan and plays squash, golf and cricket. He denies any wrongdoing. Origin of wealth: Banking. In early January 2020, Rabiu merged his privately-owned Obu Cement company with listed firm Cement Co. of Northern Nigeria, which he controlled. METL operates in at least six African countries and has ambitions to expand to several more. Over the summer of 2015, he sold more than 70% of his Naspers shares. A chef showed the Guardian journalist Robert Booth evidence that chefs typically put in over 65 hours of labour per week, only earning about £5.50 per hour. The bank, which trades on the Johannesburg Stock Exchange, targets South Africa’s emerging middle class. He’s chairman of Palm Hills Developments, one of Egypt’s biggest real estate developers. Adenuga, Nigeria’s second richest man, built his fortune in telecom and oil production. The Nigerian Stock Exchange requires that either 20% or more of a company’s shares to be floated to the public, or that the floated shares are worth at least 20 billion naira — about $50 million — a paltry sum, to be sure. (Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.) ... Michiel Le Roux. Aliko Dangote, Africa’s richest person, founded and chairs Dangote Cement, the continent’s largest cement producer. Roux ruled himself out of becoming a full-time host. This website uses cookies to improve your experience. Included in this year’s rankings is newcomer Michiel Le Roux, the founder and former chairman of Johannesburg-listed Capitec Bank Holdings, whose stock has climbed more than 50% in … Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. He inaugurated in 2014 a $500 million plan to build the 55-story Mohammed VI Tower in Rabat. He co-owns Ranch Adarouch, one of the biggest cattle breeders in Africa. Michiel Le Roux. He is chairman of Orascom TMT Investments, which has stakes in an asset manager in Egypt and Italian internet company Italiaonline, among others. ... Michiel Le Roux – $1.1B net worth In 2015, he offered to buy a Greek or Italian island to house Syrian refugees, but Greece and Italy turned him down. Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 – the first black African on the Forbes list. Net worth: $1.3 billion. [10] Roux is a big rugby fan and is an honorary member of Harlequins and attends most matches. [2], Roux was born at Pembury maternity hospital in Kent, whilst his father Albert Roux was working for the horse race trainer Major Peter Cazalet. The second richest is Nassef Sawiris of Egypt, whose largest asset is a nearly 6% stake in sportswear maker Adidas. He then spent two years as a commis de cuisine trainee under Alain Chapel at his hotel and restaurant in Mionnay, in the Rhône-Alpes region near Lyon. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. That pushed Rabiu’s fortune up by an extraordinary 77%, to $5.5 billion. Issad Rebrab is the founder and CEO of Cevital, Algeria’s biggest privately-held company. Altogether, the 18 billionaires from Africa this year are worth $73.8 billion, slightly more than the $73.4 billion aggregate worth of the 20 billionaires on last year’s list of Africa’s richest people. In March 2014, Roux announced that he was leaving the BBC due to a conflict over his brand ambassadorship for Albert Bartlett Rooster potatoes. His brother Nassef is also a billionaire. This website uses cookies to improve your experience while you navigate through the website. In 2013, he appeared as one of the mentors in the series The Chef's Protege. See the full list of Africa’s billionaires here. In fact, the only two women billionaires from Africa have both fallen off the list. Origin of wealth: Banking. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. He then worked in and managed the Roux brothers catering business for three years, before returning to Le Gavroche in 1990, the year the two brothers split their business down family lines. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Younger brothers Mohamed and Yasseen are also billionaires and part owners of Mansour Group. In 2012 he appeared as a guest judge on Masterchef South Africa. The bank, which trades on the Johannesburg Stock Exchange, targets South Africa’s emerging middle class. Net worth: $2.5 billionRank in 2020: 7Net worth in 2020: $3.3 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 72Country: EgyptResidence: CairoEducation: Auburn University, Master of Business Administration. These cookies will be stored in your browser only with your consent. His brothers Mohamed and Youssef are also billionaires and part owners of Mansour Group. Net worth: $8.5 billionRank in 2020: 2Net worth in 2020: $8 billionOrigin of wealth: Construction, chemicalsIndustry: Construction and engineeringAge: 59Country: EgyptResidence: CairoEducation: University of Chicago, Bachelor of Arts/Science. [5] Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. A spokesman for the Nigerian Stock Exchange told Forbes that BUA Cement meets the second requirement. The continent’s 18 billionaires are worth an average $4.1 billion, 12% more than a year ago, driven in part by Nigeria’s surging stock market. Naguib Sawiris is a scion of Egypt’s wealthiest family. Rebrab is the son of militants who fought for Algeria’s independence from France. One thing to note: Rabiu and his son together own about 97% of the company, giving the company a tiny public float. Dangote also owns stakes in publicly-traded salt and sugar manufacturing companies. Roux has made various television appearances, including on his friend Gordon Ramsay's ITV produced Hell's Kitchen, and as an expert judge on the BBC Two programme MasterChef: The Professionals (2008–13). He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. He built a fortune in telecom, selling Orascom Telecom in 2011 to Russian telecom firm VimpelCom (now Veon) in a multibillion-dollar transaction. He runs OCI, one of the world’s largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam exchange. He owns at least 720 square miles of conservation land across South Africa, Botswana and Zimbabwe. His oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. Mr. From 2013 until 2014, Roux co-presented BBC Two's Food and Drink alongside Kate Goodman. [2] When his father retired in 1993, Michel Jr took over the world-famous restaurant. In recent years, Rupert has been a vocal opponent of plans to allow fracking in the Karoo, a region of South Africa where he owns land. Having served his apprenticeship and training mainly away from the Roux brothers' British business empire, he joined his uncle at the Waterside Inn, in Bray, Berkshire in 1985, before working with his father at Le Gavroche from the April of the same year. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. These cookies do not store any personal information. How Africa’s Richest Woman, Isabel dos Santos, Went Broke: The Unmaking Of A Billionaire. Yasseen Mansour is a shareholder in family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Altogether they are worth $73.8 billion, slightly more than the $73.4 billion aggregate worth of the 20 billionaires on last year’s list of Africa’s richest people. We calculated net worths using stock prices and currency exchange rates from the close of business on Friday, January 8, 2021. Today, his bank has expanded to 668 branches, 6.2 million clients and over 10 000 employees. We calculated net worths using stock prices and currency exchange rates from the close of business on Friday, January 8, 2021. Mansour worked as a busboy in a pizza parlor while at North Carolina State University to pay for college. Michiel le Roux Malan: Birthdate: estimated between 1871 and 1931 : Death: Immediate Family: Son of Daniel Gerhardus Malan and Maria Sophia Malan Husband of Arabella Elizabeth Malan, b1c7d7e5f5g41i1. Strive Masiyiwa, a citizen of Zimbabwe and a London resident appears on the list due to his telecom holdings in Africa. Rebrab is the son of militants who fought for Algeria’s independence from France. In Africa—as elsewhere in the world—the wealthiest have come through the pandemic just fine. The Roux family lives in London. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. Net worth: $4.8 billionRank in 2020: 6Net worth: $4.4 billionSelf-madeOrigin of wealth: FoodIndustry: Food and beverageAge: 77Country: AlgeriaResidence: Algiers. To value privately held businesses, we start with estimates of revenues or profits and apply prevailing price-to-sale or price-to-earnings ratios for similar public companies. He set up his own business in 1988 importing iron, steel and chemicals. Our list tracks the wealth of African billionaires who reside in Africa or have their primary business there, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen and billionaire London resident Mohamed Al-Fayed, an Egyptian citizen. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. Dewji retired from Tanzania’s parliament in early 2015 after completing two terms. Sawiris split Orascom Construction Industries into two entities in 2015: OCI and Orascom Construction. What is Michiel Le Roux's son doing? Yasseen Mansour (Egypt) – $1.1 B (diversified) Join our Telegram channel for breaking news, entertainment news and so … Forbes “Africa’s Rich List 2020” ranked Michiel Le Roux as the 5th wealthiest person in South Africa, and the 16th wealthiest person in Africa for 2021, with a fortune of US$1.2 billion. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. Alain would visit during the school holidays and work with Michel in the kitchens, and decided at the age of fourteen that he wanted to become a chef like his father. See the full list of Africa’s billionaires here. Michiel Le Roux – Net worth $1.1 billion. Dangote’s grandfather was a successful trader of rice and oats in Kano, Nigeria’s second-largest city. Work days began at 7am ending at 11.30pm, with only one hour break between lunch and dinner times, and sometimes as little as fifteen minutes for meal times. Kenyan billionaires are missing from the latest report of the wealthiest Africans by Forbes.. The biggest gainer this year is another Nigerian cement tycoon, Abdulsamad Rabiu. Michiel Le Roux is a South African billionaire and founder of ‘Capitec Bank’ the largest retail bank in South Africa. https://justrichest.com/18-richest-black-billionaires-and-their-net-worth The bank, which trades on the Johannesburg Stock Exchange, targets South Africa’s emerging middle class. He left ZPTC to start an engineering services firm, then sold it and founded Econet Wireless Zimbabwe, but had to battle the government in court for years. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. ), Read More: The Full List of Africa’s Richest People. His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. 19. We also use third-party cookies that help us analyze and understand how you use this website. His father was a shareholder in RMA, a Moroccan insurance company; Benjelloun built it into a leading insurer. Dewji, who is known as Mo (short for Mohammed), launched Mo Cola several years ago to compete with Coca-Cola. Dangote Refinery has been under construction since 2016 and is expected to be one of the world’s largest oil refineries once complete. Michel Roux was the brother of Albert Roux. Net worth: $1.2 billionRank in 2020: 18Net worth in 2020: $1.3 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 71Country: South AfricaResidence: Stellenbosch. Net worth: $1.2 billionRank in 2020: 19Net worth in 2020: $1.1 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 59Country: ZimbabweResidence: LondonEducation: University of Wales, Bachelor of Engineering. Michiel Le Roux is a South African billionaire and founder of ‘Capitec Bank’ the largest retail bank in South Africa. In 2015, Roux returned to television and presented First Class Chefs for the Disney Channel and Kitchen Impossible with Michel Roux Jr for Channel 4. Nassef Sawiris teamed up with Fortress Investment Group’s Wes Edens to purchase Aston Villa Football Club. The son of an Anglican clergyman comes from the impoverished district of Kisomo, to the south of Uganda, where he was born-and-bred. Name: Michiel Le Roux (South Africa) Net Worth: $1.2 billion Position: 19th. Mansour is a founding member of the American Egyptian Chamber of Commerce. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. South Africa’s Michiel Le Roux founded Capitec Bank in 2001 and owns an about 11 per cent stake. The youngest Africa billionaire is Tanzanian businessman Mohammed Dweji who at 45 is worth $1.6B while the oldest billionaire on the continent is Moroccan businessman Othman Benjelloun who at 88 is worth $1.3B. A food consultant to the Walbrook club since 2003, he also consults for the fine dining providers Restaurant Associates. Net worth: $1.3 billionRank in 2020: 17Net worth in 2020: $1.4 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 88Education: Ecole Polytechnique de Lausanne, Diploma. The bank, which trades on the Johannesburg Stock Exchange, targets South Africa's emerging middle class. After serving eight months in jail on charges of corruption, Rebrab was released on January 1, 2020. Sawiris helped found The Free Egyptians, a liberal political party, at the onset of Egypt’s uprisings in 2011. Net worth: $12.1 billionRank in 2020: 1Net worth in 2020: $10.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 63Country: NigeriaResidence: LagosEducation: Al-Azhar University, Bachelor of Arts/Science. He led Naspers to invest in Chinese Internet and media firm Tencent in 2001 — by far the most profitable of the bets he made on companies elsewhere. Net worth: $3 billionRank in 2020: 10Net worth in 2020: $2.6 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 58Country: South AfricaResidence: Johannesburg. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. The 18 billionaires from Africa hail from seven different countries. Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s. Age: 70. Michiel Le Roux son, who is referred to as Michiel Le Roux Da junior, recently established a salad bar in Sandton. He made his first million at age 26 selling lace and distributing soft drinks. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. Rupert says his biggest regret was not buying half of Gucci when he had the opportunity to do so for just $175 million. Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits. Net worth: $8 billionRank in 2020: 3Net worth in 2020: $7.7 billionOrigin of wealth: DiamondsIndustry: metal and miningAge: 75Country: South AfricaResidence: JohannesburgEducation: Oxford University Christ Church, Master of Arts/Science, Oxford.