3w ago

4 rich Africans reportedly wealthier than half the continent

www.dw.com

4 rich Africans reportedly wealthier than half the continent – DW – 07/10/2025

The anti-poverty charity Oxfam warns that growing inequality in Africa is hindering democracy. The four richest Africans have more wealth than half of the continent's population.

Archived version: https://archive.is/newest/https://www.dw.com/en/4-rich-africans-reportedly-wealthier-than-half-the-continent/a-73220927

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8 comments

The four most affluent Africans hold $57.4 billion
Elon Musk is worth over 400 Billion dollars, and he is from South Africa. Somehow I'm confused on what this article is going on about.
- Home Affairs Minister Leon Schreiber said he could not provide details on Elon Musk, Reon Barnard, Peter Thiel, and David Sacks’ South African citizenship.
  https://businesstech.co.za/news/government/816425/elon-musks-south-african-citizenship-questioned/
  
  Leon Schreiber is another white guy. I wonder what his net worth is ?
- He's now a US citizen.
  
  Hopefully deported by ICE soon
From
...africa had no billionaires in 2000
To
Furthermore, the top 5% of Africans possess nearly $4 trillion in wealth, which is over twice the total wealth of the rest of the continent combined.
Just wow...
Yay rich people!

8 comments