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4). Nicky Oppenheimer – South Africa – $6.8bn
The South African’s fortune stems from the stake he inherited in his family’s diamond mining giant and marketer DeBeers.
For 85 years, his family occupied a controlling spot in the world’s diamond trade. Since exiting the business in 2012 and selling his 40% stake to Anglo American for $5.1bn in cash, 70-year-oldOppenheimer has kept a relatively low profile. He has moved up the ranks from the number three spot in 2014.
5). Christoffel Wiese – South Africa – $5.3bn
The second South African in the billionaires list, retail tycoon Wiese, 74, has had his eye on the UK for a while. Last spring, he bought British fashion retailer New Look for $1.23bn and gym chain Virgin Active for $1bn.
His biggest investment, furniture and home goods retailer Steinhoff, moved its listing from the Johannesburg Stock Exchange to the Frankfurt Stock Exchange in December 2015 in order to focus on the European market.
In February 2015, Steinhoff purchased clothing and footwear seller Pepkor, another one of Wiese’s investments, for $5.7 billion in cash and stock – upping his stake to 17%. His portfolio does not stop there: it also includes a 15% stake in publicly traded Shoprite Holdings, supermarkets, furniture stores and fast food outlets in 15 countries, as well as stakes in private equity firm Brait, industrial products company Invicta Holdings and mining-sector investor Pallinghurst.
6). Nassef Sawiris –Egypt – $5.3bn
The 55-year-old is Egypt’s richest figure, having carried out numerous investments in his country. In November 2014 he partnered with Abu Dhabi’s International Petroleum Investment to develop a coal-based power plant in Egypt, and he is also one of the largest shareholders in cement giant LafargeHolcim (5%).
His company OCI, which departed from the Egyptian stock market during Mohamed Morsi’s regime in 2013, was formally divided in February last year. Its construction arm, Orascom Construction, now trades on Egypt’s exchange and Nasdaq Dubai. OCI’s fertilizer and chemicals business now trades on Euronext Amsterdam.
In October, he became the biggest individual shareholder in Adidas with a 6% stake.
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