in ,

Meet African Billionaires Children That Are Rarely Talked About- Bet You Don’t Even Know them

These young offspring of fabulously wealthy African parents are  not being widely talked about yet they are distinguishing themselves by demonstrating the same doggedness and risk-taking that has made their parents the most successful people on the continent. While most of them are corporate horses building their own legacies in corporations their parents have established, others are entrepreneurs who have decided to strike out on their own and write their own destinies.

Meet 10 of the most intriguing kids of Africa’s richest people:

Rajiv Ruparelia, Uganda

Image result for Rajiv Ruparelia

Director at Ruparelia Group

Rajiv Ruparelia, 25, is the only son of Sudhir Ruparelia, Uganda’s richest man. He holds a degree in banking and finance from Regents University London. The younger Ruparelia now calls the shots at the Ruparelia Group, the Ugandan conglomerate his father founded, which has interests in hotels, banking, agriculture and education. Sudhir Ruparelia made his son learn the ropes of business many years ago by employing him first as a porter, then as a construction worker, then as a bank teller, before moving him up the ladder and giving him managerial positions in the group. “I wanted him to learn humility and to understand the various businesses at the most basic level,” Sudhir Ruparelia told this reporter. Rajiv, a popular socialite in Kampala who is trying to shed his party boy image, heads strategy at the Ruparelia Group and helps negotiate large-ticket deals on his father’s behalf internationally.

Jide AdenugaNigeria

Image result for Jide Adenuga

Alcohol entrepreneur

Jide Adenuga, 33, the eldest son of Mike Adenuga, Nigeria’s second richest man, previously served as a director in his father’s oil distribution company Conoil PLC, but struck out on his own a few years ago to seek his fortune in the alcohol business. He is the founder and CEO of 3 Inclusive Ltd, a company that is the exclusive importer and distributor of Montaudon champagne in Nigeria.

Florence Ifeoluwa Otedola, Nigeria

Image result for Florence Ifeoluwa Otedola

Disc Jockey, Music Entrepreneur

Ifeoluwa Otedola goes by the moniker ‘DJ Cuppy’ and is one of Nigeria’s most recognizable disc jockeys and entertainers. In August she embarked on an eight-city tour across Africa. During the tour dubbed ‘Cuppy Takes Africa’. Femi Otedola’s daughter also performed at Nigerian President Muhammadu Buhari’s inauguration dinner and has performed at gigs such as the 2014 Financial Times Summit and the 2015 MTV Africa Music Awards. She is the founder of Red Velvet Music Group, an entertainment company that’s planning to evolve into a full-fledged record label and talent management company.

Jonathan Oppenheimer, South Africa

Image result for Jonathan Oppenheimer

Director, E. Oppenheimer & Sons

Jonathan Oppenheimer, the 45 year-old son of South Africa’s richest man, Nicky Oppenheimer, previously served in various managerial positions at De Beers, the diamond mining company that his family controlled for decades before selling off to Anglo American in 2012. He now heads E. Oppenheimer & Sons, the South African investment company that manages the Oppenheimer family’s investments across the world. It invests in African companies through private equity funds such as Tana Capital, an Africa-focused private company founded by E. Oppenheimer & Son in partnership with Temasek of Singapore.


Vimal Shah 

Vimal and Tarun ShahKenya

Executives at Bidco Oil

Vimal and Tarun Shah are the sons of Bhimji Depar Shah, the founder of Bidco Oil refineries. Bidco is one of Kenya’s largest manufacturing companies, with a 49% share of the edible oils market in the country. Their father now takes a back seat in running the business, while sons Vimal and Tarun, who serve as CEO and Executive Director, respectively, have led the company to more than $300 million in annual revenues and its products are manufactured, sold and distributed in 14 countries across Africa.

Mhamed ElalamyMorocco

Image result for Mhamed Elalamy

General Manager, Saham Finances

Mhamed Elalamy is the oldest son of Moulay Hafid Elalamy, the founder of Saham Group, a Moroccan conglomerate that owns insurance companies, call centers and medical clinics. The younger Elalamy has a degree in business and commerce from the University of British Columbia and currently serves as a General Manager for Saham Group.

Ahmed Indimi, Nigeria

Image result for Ahmed Indimi

Director/Head of Crude Marketing Department at Oriental Energy Resources

Indimi’s father, Mohammed Indimi, is the founder of Oriental Energy Resources (OER), one of Nigeria’s largest indigenous upstream oil companies. Ahmed, who has an MBA in Internet Security from the American InterContinental University, in Atlanta, Georgia (in the U.S.), is the head of Crude Oil Marketing at OER.

Sameer Merali, Kenya

Image result for Sameer Merali

Director, Sameer Group

Kenya’s third richest man, Naushad Merali, named his conglomerate, Sameer Group, after his only son, Sameer Merali. Sameer, who has an M.Sc. in Banking and International Finance and a BSc (Hons) in Management Sciences, has served as an Executive Director of the group for a long time and is currently a member of the board of directors of tire manufacturing company Sameer Africa.

Abubakar BakhresaTanzania

Image result for Abubakar Bakhresa

Executive Director, Bakhresa Group

Easily the most popular son of Said Salim Bakhresa, Tanzania’s reclusive third richest man, the younger Bakhresa is primarily in charge of the wheat procurement and milling businesses of the Bakhresa Group. He has a degree in Finance from Georgetown University. U.S.A.

Theo DanjumaNigeria

Image result for theo danjuma

Artist and art collector

 Contemporary art collector Theo Danjuma is a son of Theophilus Danjuma, a retired Nigerian general and oilman. In 2008 Danjuma launched the Danjuma Collection, which consists of close to 400 works of contemporary art by established and emerging artists from the U.S, Europe and Africa, including 2013 Turner Prize nominee Lynette Yiadom-Boakye, Glenn Ligon, Cyprien Gaillard, Klara Linden and Sarah Lucas.

Written by How Africa

Leave a Reply

Your email address will not be published. Required fields are marked *


Here’s Why The Quest For A Single Currency For West Africa Won’t Materialise Soon

Meet Peris Bosire, Co-founder of Kenyan Startup, ‘FarmDrive’