When it comes to wealth, men call the shots. However, scores of women have been making money moves that have been impacting their countries economy in tremendous ways. These women are breaking grounds to compete alongside men in every sector of the economy.
Here in Africa, our women have not been left behind as we've seen lots of them becoming rich as a result of their hard work and commitment in business. In a previous post, we have provided you with a list of the richest women in Nigeria, this post, as pieced together on Naijauto will be highlighting the richest women in Africa along with the type of cars they own. It will also get to answer the question: who is the richest woman in Africa?
Richest women in Africa
1. Isabel Dos Santos (Angola) - net worth of $2.2 billion
First on our list is Isabel Dos Santos. Forbes magazine estimated her net worth to be $2.2 billion, making her the richest woman in Africa. Isabel is from Angola and the eldest daughter of former Angolan President Jose Eduardo Dos Santos. Her fortune was said to be controversially made while her father was the president of the country.
The 46-year-old billionaire has always projected herself as an entrepreneur. She owns and heads several businesses and companies in Portuguese and Angola. At present, she has a 25% stake in a private Angolan mobile company called Unitel S.A. She also has a 6% stake in Portuguese oil and gas firm Galp, which is worth $830 million. These are just a few, out of the many investments she owns.
Being a wealthy woman, Isabel Dos Santos is into luxurious rides. She owns a Mercedes-Benz C Class worth ₦25 million, a Range Rover, and a yacht called Hayken.
2. Folorunsho Alakija (Nigeria) - net worth of $1 billion
Folorunsho Alakija is the first woman from Nigeria to make the list of the richest women in Africa. This also makes her the richest woman in Nigeria. Born 69 years ago in Ikorodu Lagos State, Alakija is an oil magnate who owns Famfa oil limited, an oil exploration company in the country. She runs a fashion house called the Rose of Sharon. She’s also into the real estate and printing industries.
Her oil and gas company was issued an oil prospecting license by the federal government in 1993. It was later turned into an oil mining lease. With a fortune estimated to be $1 billion, Alakija is the 20th African billionaire in 2020.
Folorunsho Alakija has maintained the position as the richest woman in Nigeria for quite some time!
When it comes to automobiles, Folorunso Alakija is one of those wealthy people who doesn't flaunt their rides on social media. Notwithstanding, we know she's a fan of the Mercedes-Benz brand.
She has a customized Mercedes-Benz S Class valued at ₦53.5 million. She even bought 4 identical Mercedes-Benz G wagon for her 4 sons. Aside from cars, Alakija owns a Bombardier Global Express XRS jet worth $46 million which she uses for her business trips.
3. Ngina Kenyatta (Kenya) - net worth of $1 billion
Ngina Kenyatta who is popularly known as Mama Ngina is the former first lady of Kenya. She’s married to the country's first president, the late Jomo Kenyatta. She’s also the mother of the current president of Kenya, President Uhuru Kenyatta. Gina Kenyatta is in charge of their family businesses which cut across various sectors like real estate, hospitality, banking, farming, just to mention.
Mama Ngina Kenyatta is the mother of the current president of Kenya, President Uhuru Kenyatta!
87-year-old Mama Ngina holds about 24.91% in one of Kenya's largest private-owned banks, Commercial Bank of Africa (CBA). Their dairy farm called Brookside Dairies has been said to produce almost half of the dairy products used in Kenya.
As a former first lady, Mama Ngina is used to luxurious rides, and considering the fact that her son is in power, she gets to be driven in powerful cars such as the Toyota Land Cruiser, Range Rover, and Mercedes-Benz G wagon.
4. Hajia Bola Shagaya (Nigeria) - net worth of $630 million
Hajia Bola Shagaya indeed had to beat the odds to turn around the story of her family, haven being born into an average income family. She started out as an auditor for the Central Bank of Nigeria before venturing into business in 1983. This saw her importing and distributing photographic equipment. Hajia Shagaya introduced the popular Konica photographic equipment into Nigeria.
She owns a diversified conglomerate company here in the country called Bolmus Group International. The business mogul is also into real estate and has properties in Nigeria, Europe, and the United States of America.
Coming down to the cars she owns. Hajia Shagaya has Rolls-Royce cars which include a Rolls-Royce Ghost worth ₦90 million and a Rolls-Royce Phantom. She’s among the top 8 Nigerian women that own a Rolls-Royce car.
5. Wendy Appelbaum (South Africa) - net worth of $259.3 million
Wendy Appelbaum is the only daughter of South African's business tycoon, Donald Gordon. This prepared her for the business path she came to follow. Wendy was said to have inherited a fortune from her father and owns several business ventures founded in her father's name. She's the richest woman in South Africa.
The 59-year-old billionaire's daughter sold off her shares in her father's real estate and insurance business to acquire a wine estate called DeMorgenzon. Her winery reportedly sells more than half a million bottles of wine each year, of which 85% is exported.
Wendy is business-oriented and hasn't posted her car collections on social media. We definitely know she owns a ride but doesn't know which car brand caught her fancy.
6. Wendy Ackerman (South Africa) - net worth of $190.2 million
The second woman from South Africa to make the list of richest African women is Wendy Ackerman. She is a retail tycoon and one of the founders of South African's biggest grocery store, Pick 'n Pay. The retail store worth $3 billion has outlets in various African countries like Botswana, Nigeria, Namibia, and Zimbabwe.
Wendy heads the Ackerman family trust which has provided financial support to many South African children through school.
On the type of cars owned by the rich tycoon, Wendy and her 89-year-old husband Raymond Ackerman leads a low-profile life, and not much is known about the cars they own.
>>> While these women are making money moves, check out the Top 10 richest men in Africa & their cars (updated 2020)
7. Charlize Theron (South Africa) - net worth of $160 million
Charlize Theron is a South African and American actress. She’s a film producer and one of the highest-paid actresses in the world. Theron’s shot to the limelight in the movie scene was her leading role in the 1997 Hollywood movie titled The Devil's Advocate. Her amazing acting has seen her receiving several accolades such as the Golden Globe Award, Academy Award, and Screen Actors Guild Award. She’s the first South African to clinch an Oscar in acting.
Charlize Theron is the first South African to clinch an Oscar in the acting category!
She ventured into film production in the 2000s with her company, Denver and Delilah production. Theron has been able to produce numerous films where she had a starring role.
Theron has a root with car racing as her father was a mechanic who built cars in their backyard. She owns a Lexus RX which she loves cruising around in. She also has a Toyota Prius Hybrid.
8. Irene Charnley (South Africa) - net worth of $150 million
Irene Charnley's first shot at a business was said to be union-related as she's a former trade unionist in South Africa. She spent 13 years acting as a negotiator for the National Union of Mineworkers in her country. It was an experience that she diverted to the telecom sector where she became the director of MTN, the largest telecommunication corporation in Africa.
Irene Charnley is one of the richest women in South Africa!
Irene Charnley doesn't post pictures of her automobiles so they're not available at the moment.
9. Bridget Radebe (South Africa) - net worth of $88 million
Bridget Motsepe Radebe's success story has inspired many South African women to seek opportunities in careers that are male-dominated. Starting out as a miner, she has gone ahead to establish her own mining company called Mmakau mining. Her company deals in the exploration of coal, gold, uranium, and platinum.
The 60-year-old mining woman happens to be the sister of the first lady of South Africa, Tshepo Motsepe. One of South African's billionaires, Patrice Motsepe, is also her brother.
For all we know, Bridget Radebe's choices of cars are not available on social media.
>>> Do you know the richest men in Nigeria? See the Top 10 richest men in Nigeria 2020 & their cars
10. Sharon Wapnick (South Africa) - net worth of $43.1 million
Sharon Wapnick is another woman whose wealth has been attributed to her father's vast fortune and influence. Presently, she owns the majority of the shares in her father's companies, Premium Properties, and Octodec investments- a property and loan firm.
Sharon Wapnick became wealthy as a result of her father's vast fortune!
Besides being at the helm of affairs of her father's businesses, Sharon is an attorney. She is a senior partner and practices at their law firm, Tugendhaft Wapnick Banchetti & Partners.
The cars owned by Sharon hasn't been mentioned on any social media platform. It’s safe to say this rich elderly woman has no time to show off their exotic cars on social platforms, as is synonymous with young rich people.
Recap table: Richest women in Africa
|Richest women in Africa|
|1||Isabel Dos Santos||$2.2 billion|
|2||Folorunsho Alakija||$1 billion|
|3||Ngina Kenyatta||$1 billion|
|4||Hajia Bola Shagaya||$630 million|
|5||Wendy Appelbaum||$259.3 million|
|6||Wendy Ackerman||$190.2 million|
|7||Charlize Theron||$160 million|
|8||Irene Charnley||$150 million|
|9||Bridget Motsepe Radebe||$88 million|
|10||Sharon Wapnick||$43.1 million|
The list of the richest women in Africa has given us a look at these women whose string of hard work over the years has paid off. We know many are still coming up to join the league.
>>>Stay up-to-date with related news, and car prices here on Naijauto