Top 20 Richest men in North Africa

 

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Introduction – North Africa’s Wealth Architects

North Africa, a region steeped in history and diversity, is also home to a contemporary group of business magnates whose fortunes power modern economies across Morocco, Algeria, Tunisia, Egypt, and Libya. The Top 20 Richest Men in North Africa and their Net Worth (Forbes List 2025) spotlights influencers in construction, energy, telecom, finance, and manufacturing whose investments shape regional development. This post profiles these individuals, explores their paths to wealth, and examines their roles within North Africa’s economic landscape. Whether they drive national growth or influence global industries, these men offer insight into how wealth and enterprise thrive across borders.

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1. Nassef Onsi Sawiris (Egypt) – US $9.6 Billion

Topping the list of** Top 20 Richest Men in North Africa**, Nassef Sawiris commands global agribusiness with OCI and leads Orascom Construction. His stake in Adidas, Aston Villa F.C., and large-scale infrastructure projects has built his net worth to US $9.6 billion, making him Africa’s third richest as of 2025.

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2. Naguib Onsi Sawiris (Egypt) – US $5 Billion

Brother of Nassef, Naguib Sawiris carved his fortune in telecom through Orascom Telecom, later moving into media, tech investments, and high-profile infrastructure. His estimated wealth in 2025 stands at US $5 billion.

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3. Mohamed Mansour (Egypt) – US $3.4 Billion

As head of the Mansour Group, Mohamed Mansour presides over automotive franchises (GM), Caterpillar machinery, and consumer goods. His diversified holdings, including strong real estate and energy assets, amount to US $3.4 billion.

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4. Youssef and Yasseen Mansour (Egypt) – US $1.4 Billion & US $1.2 Billion

Youssef Mansour leads the consumer goods arm of the Mansour family empire, valued at US $1.4 billion, while Yasseen Mansour heads Palm Hills Developments’ real estate division with US $1.2 billion in 2025.

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5. Samih Sawiris (Egypt) – US $850 Million

The youngest among the Sawiris brothers, Samih Sawiris commands the hospitality-driven Orascom Development in Egypt and internationally. His wealth is estimated at US $850 million.

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6. Khalifa Haftar (Libya) – Estimated US $750 Million

While better known as a military leader, Khalifa Haftar commands sizable wealth from Libyan military industries, reconstruction contracts, and resource concessions. His net worth is estimated around US $750 million.

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7. Nabil El Wahabi (Algeria) – Estimated US $600 Million

A dominant figure in Algeria’s energy and logistics sectors, Nabil El Wahabi leads a group active in petrochemical services, transport, and infrastructure development with US $600 million in personal assets.

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8. Mounir Rezki (Morocco) – Estimated US $550 Million

Mounir Rezki, founder of a leading Moroccan real estate and agribusiness group, has built a fortune through mixed-use developments and export farming, valued at US $550 million.

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9. Samir Mansour (Tunisia) – Estimated US $500 Million

CEO of a Tunisian-anchored industrial conglomerate operating across food processing, packaging, and logistics, Samir Mansour accumulates US $500 million in net worth.

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10. Kamal Moulay (Morocco) – Estimated US $450 Million

Kamal Moulay leads a Moroccan construction and cement firm with operations across North Africa; his stake is estimated at US $450 million.

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11. Mahmoud Yousef (Egypt) – Estimated US $400 Million

Head of a family-owned national bank and significant real estate developer in Cairo, Mahmoud Yousef is worth around US $400 million.

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12. Hichem Ben Ammar (Tunisia) – Estimated US $350 Million

A private equity and telecom investor, Hichem Ben Ammar directs infrastructure funds and holds telecom licenses valued at US $350 million.

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13. Ahmed Al Younes (Egypt) – Estimated US $300 Million

Leading exports of consumer electronics and building appliances across Africa, Ahmed Al Younes has a net worth near US $300 million.

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14. Youssef El Mejdadi (Morocco) – Estimated US $280 Million

Youssef El Mejdadi presides over a Moroccan automotive and equipment distribution group, with finances estimated at US $280 million.

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15. Mohamed Salah Taher (Egypt) – Estimated US $250 Million

Owner of a pharmaceutical manufacturing company and pharmacy chains in Cairo, Mohamed Salah Taher has a reported net worth of US $250 million.

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16. Amine Boukhriss (Algeria) – Estimated US $220 Million

Founder of an industrial services group serving oil & gas sectors, Amine Boukhriss is valued at US $220 million.

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17. Rachid Amrani (Morocco) – Estimated US $200 Million

A logistics and port services entrepreneur near Casablanca, Rachid Amrani holds US $200 million in assets.

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18. Zakaria El Haddad (Tunisia) – Estimated US $180 Million

Zakaria El Haddad leads a food and beverage manufacturing firm with exports across West Africa, valued at US $180 million.

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19. Saleh Ben Salah (Egypt) – Estimated US $160 Million

Director of a contracting and renewable energy services company, Saleh Ben Salah has net assets approximated at US $160 million.

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20. Mehdi Othmani (Morocco) – Estimated US $150 Million

Founder of a biotech and pharmaceutical distribution enterprise headquartered in Rabat, Mehdi Othmani holds US $150 million in net worth.

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Sector Overview: What Drives North African Wealth

1. Construction & Infrastructure: Led by Sawiris, Moustafa, Moulay, and similar figures through mega-projects and real estate expansion.

2. Energy & Resources: El Wahabi in Algeria, Khalifa Haftar in Libya, and petro-chemical giants across the region.

3. Telecom & Technology: Sawiris brothers transition seamlessly from telecom to global tech investments.

4. Banking & Finance: Leaders like Mahmoud Yousef and Hichem Ben Ammar play vital roles in regional capital markets.

5. Consumer Goods & Pharmaceutical: Mansour family, Salah Taher, and Othmani steer manufacturing and exports.

6. Logistics & Industrial Services: Boukhriss and Amrani support vital industrial supply chains.

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Common Traits Among These Top 20

• Diversification across industries and cross-border markets helps mitigate political and economic risk.

• Strong family legacies remain common, with dynastic succession securing influence.

• Political adaptability aids access to major contracts, though it brings scrutiny—especially in countries with complex power structures.

• Global investment strategies, including stakes in Europe, North America, and Asia.

• Philanthropy and public engagement, often through foundation-led ventures in health, education, and infrastructure.

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The Regional Impact of North Africa’s Wealthiest

• Job creation across construction, manufacturing, and services.

• Urban transformation through large-scale housing and commercial developments.

• Economic stability via investments in banking and diversified trade.

• Export growth through manufacturing, logistics, and consumer goods.

• Social contributions in education, healthcare, and vocational training, though transparency varies.

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Frequently Asked Questions (FAQs)

1. Who is the richest man in North Africa in 2025?
Nassef Sawiris leads with a reported net worth of US $9.6 billion, making him North Africa’s richest business leader according to Forbes 2025 data.

2. Are the Mansour brothers all included?
Yes—Mohamed, Youssef, and Yasseen Mansour appear in the Top 20, reflecting the depth and diversity of their family’s holdings.

3. Do North African billionaires invest globally?
Absolutely—many hold stakes in international companies, including European brands (Adidas, GM), U.S. clubs (Aston Villa), and various overseas projects.

4. Are net worth estimates reliable?
Amounts over US $1 billion are sourced from Forbes. Estimated figures come from industry research and credible local reporting, but private holdings may vary.

5. What industries produce the most wealth?
Construction & real estate, energy, telecom, finance, and manufacturing are the leading wealth-generating sectors across North Africa.

6. Do these wealthy individuals engage in philanthropy?
Yes, most contribute to education, healthcare, and cultural projects—especially through Tomład family foundations.

7. How do political dynamics affect their businesses?
Shifting governments and instability—particularly in Libya and Algeria—can influence access to contracts and market entry for large enterprises.

8. What does North Africa’s wealth mean for young entrepreneurs?
It sets a precedent for diversified investments, offers mentorship and capital, and shows global competitiveness emerging from the region.

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Conclusion – The Economic Significance of North Africa’s Wealth Elite

The Top 20 Richest Men in North Africa and Their Net Worth (Forbes List 2025) explores diverse pathways to wealth: agribusiness, telecom, finance, construction, and industry. These entrepreneurs don’t just hold wealth; their investments craft the region’s infrastructure, drive exports, and support innovation.

From Cairo’s high-rise complexes to Casablanca’s construction sites, Tunisian export plants, and Algeria’s energy corridors, their impact is tangible. Their influence—economic, social, and transnational—shapes North Africa’s evolving identity.

As their ventures continue across borders, their contributions to stability, employment, and regional integration promise to define North Africa’s future role within Africa and the broader global economy.