Have you ever wondered, “Who is the richest kid in Africa? The kids of the richest parents on the African continent are distinguished by the same risk-taking attitude that made their parents famous.
While most of the children benefit directly from the foundations their parents built, others decide to start their own businesses and shape their destiny by choosing to be entrepreneurs.
Lists of the wealthiest people in Africa are standard. Through rankings by Forbes and other reputable business magazines, you probably know a lot about the source of wealth of African billionaires, their success stories, unique toys, and lifestyles. But little information is known about the children of billionaires who follow in the footsteps of their parents, and other self-proclaimed wealthiest children in Africa who are making great strides.
For most kids, it is their dream to become millionaires and billionaires at an early stage. While you may think you are not old enough to become rich, starting the journey to wealth when you are young gives you more enormous potential to accumulate a fortune.
This article introduces you to the Top 10 Richest kids in Africa in 2020, whose fame and wealth are impressive. All information is correct as of 2019.
As seen in the Top 10 Richest kids in Africa below, some children start from scratch and work their way up to wealth and popularity by discovering and using their talents. It should be noted that the list of the richest children has been randomly selected; the children are not listed in any specific order.
Below is the list of the richest kids in Africa
10. Anerlisa Muigai (Kenya)
Anerlisa Muigai is one of Kenya’s richest children and the de facto heiress of the Keroche breweries. Born in 1988, she appears in Beauty, Fashion and Business. Her parents Joseph and Tabitha Muigai Karanja, are the founders of Keroche Breweries.
Due to her entrepreneurial experience, Anerlisa learned and joined the business world when she was still young. Later, she followed in her parents’ footsteps to establish Nero Company Limited, which processes premium bottled water, including Life Still Water and Executive Still Water. The success of her business led to her being named Woman Entrepreneur of the Year in 2018.
In 2019, Anerlisa was ranked eighth in Africa on Instagram’s rich list. At position 129 worldwide, Anerlisa charged $3,400 per sponsored post.
In most cases, the kids of celebrities end up being famous and rich, even at a young age. Similarly, children whose parents are wealthy also become rich and begin to live the dreams of most children from birth.
9. Ahmed Starboy (Nigeria)
Ahmed Starboy is one of the richest children in Africa in 2020 who has accumulated wealth by performing in the music industry. At the age of 12, the Nigerian boy showed his musical talent at the return concert of Wizkid, which seduced the audience.
His rapping ability captivated Wizkid, who also surprised the young celebrity with $27,500 as an appreciation. He also signed him to his Star Boy record label.
8. Ludwick Marishane (South Africa)
Ludwick Marishane is a 26-year-old South African child entrepreneur who became wealthy while still in high school. In addition to establishing Headboy Industries, Ludwick is the founder of DryBath; a gel that can be used for bathing without water.
He became one of South Africa’s richest kids in 2011 when he won $10,000 and other expensive prizes. He uses his money to fund his global effort to secure contracts with airlines, armies, hotel groups, and other services in the water-scarce hospitality and travel industry.
7. M’hamed Elalamy (Morocco)
M’hamed Elalamy is the first son of the Moroccan business magnate and founder of the Saham Group, Moulay Hafid Elalamy. The conglomerate includes medical clinics, insurance companies, and call centers.
An heir to his father’s companies with a net worth of more than US$620 million, Mr. Mhamed holds a degree from the University of British Columbia with a specialty in Business and Commerce. He is Managing Director of the Saham Group.
6. Jomo, Muhoho and Ngina Kenyatta (Kenya)
Jomo, Muhoho, and Ngina Kenyatta are the kids of Kenya’s President Uhuru Kenyatta, and their grandfather was Kenya’s first president. Muhoho is the youngest of them all. These children have the privilege of coming from the richest family in Africa.
They own the largest businesses in Kenya, including Brookside Dairies and MediaMax; the conglomerate that includes Milele FM, K24 TV, The People Daily, and Kameme FM.
In addition to owning a large parcel of land, the royal family also manages heritage hotels and possesses the most significant percentage of shares in the Commercial Bank Of Africa. The father of the children was ranked 26 in Forbes’ Top 100 Richest People in the World in 2011.
5. Rajiv Ruparelia (Uganda)
A Ugandan Rajiv Ruparelia is one of the Sudhir Ruparelia children who is also the director of the Ruparelia group. Growing up in a wealthy family, his father introduced him to the business where he employed him as a porter.
Later, Rajiv was employed by his father as a construction worker before promoting him to the position of the bank teller. Sudhir then promoted his son to an executive position within the group.
The organization consists of banking, education, hotel, and agriculture. Some of Rajiv’s duties help negotiate banknote offers and provide leadership strategy on behalf of his father. He has been ranked as one of the richest kids in Africa based on his father’s wealth, which is estimated at about $1.1 billion.
4. Emmanuella Samuel
Emmanuella Samuel is a young Nigerian actress who works with Mark Angel Comedy. She was born in Port Harcourt, River State, on 22nd July 2010. She started acting when she was in the primary school because of her intelligence and her ability to master her lines.
In 2013, Emmanuella won the City People Award, the G Influence Niger Delta Special Talent Award, and the Nea Award. She also won two awards in Australia; Most Prominent Kid Comedienne and Princess of Comedy.
It was while on holiday that Emmanuella met the then renowned Nigerian comedian Mark Angel who was looking for children to appear in his comedy clips. Mark Angel boasted that he had the first YouTube channel to reach the million subscribers mark in a short time.
In addition, the talented Emmanuella starred in the film “Survive or Die” shot in 2016 in Australia, which was released in 2018. CNN hosted her in 2016 after winning the first edition of the Sub-Saharan Africa Youtube Awards. This achievement made her the youngest person to win the award.
Since its inception, Mark Angel Comedy has produced more than 200 videos that have attracted millions of viewers locally and internationally. While she is known to be Mark Angel’s producer, Emmanuella is estimated to have a net worth of approximately $70,000 that she has accumulated from her acting career. She is studying at Brighton Gate Academy, Port Harcourt, Nigeria.
3. Baby Lorde (Ghana)
Baby Lorde is the daughter of Canadian businessman Douglas Pitcher and Ghanaian actress Kafui Danku. She was born on 26th October 2016 and is one of the youngest and richest children in Africa. Her wealth, however, is not tied to that of her parents. She began building her net worth when she got her first approval contract for Royal Monopoly Baby Diaper, which saw her bring home about $18,800.
She is the only brand ambassador for the diaper company so far. Aside from the fat bank account that gave her direct entry to the list of the richest celebrity kids, her fashion sense is impressive. This has enabled her to attract more than 226,000 Instagram subscribers to her official “Babylordethefirst” page, with fans still admiring her style.
2. Florence Ifeoluwa Otedola (Nigeria)
Born on 11th November 1992, Florence Ifeoluwa is a Nigerian DJ and producer. She is popularly known as Dj Cuppy and is the daughter of a leading Nigerian businessman, Femi Otedola. Florence grew up in Ilupeju before moving to Ikeja after six years. Later she went to pursue her GCSEs and a-level studies in London. She graduated in July 2014 from King’s College London with a BA in Business and Economics.
In 2015, Dj Cuppy graduated from New York University with a Master’s Degree in Musical Affairs and had since climbed steadily up to join the League of the Richest Children in Africa. DJ Cuppy began her first professional tour in eight African cities she called “Cuppy Takes Africa” and has visited Nigeria, Kenya, Uganda, Senegal, Rwanda, Tanzania, Ghana, and South Africa. The tour included collaborations with significant artists, charity engagements and performances sponsored by the Dangote Foundation and GTB Bank.
Later that year, Cuppy worked as an intern at the Jay-Z Roc Nation. The Cuppy Takes Africa tour was broadcast as an eight-episode documentary series on Fox Life Africa in October 2016. She also produced two songs, “The Way I am” and “Vibe”, which appeared on the Afrobeats EP released on 24th March 2017 by Young Paris.
The DJ then released his first official singles “Green Light” and “Vybe” in 2017 and 2018, respectively. Alongside other major roles given to her as an ambassador, Cuppy became an official Dj Pepsi ambassador, where she appeared on the Pepsi commercial before the 2018 World Cup. She was recognized as a World Citizen Education Ambassador on 5th June 2018. As the richest child in Nigeria and their value, Florence Ifeoluwa Otedola’s net worth is approximately $200,000.
1. Regina Daniels (Nigeria)
Regina Daniels ranks among the richest celebrity children being the highest-paid child under 20 at Nollywood. Born on 10th October 2000 in Nigeria, Regina’s net worth is estimated at over $1 million in terms of investments and assets.
She is paid around $1,700 each time she plays in a film. With the support and encouragement of her mother, Rita Daniels, who is also an actress, Regina began acting at the age of seven.
Regina Daniels was married in 2019 to Ned Munir Nwoko; a wealthy Nigerian politician, lawyer, and businessman. She runs a non-governmental organization called the Regina Daniels Charity Foundation, which focuses on supporting children with disabilities.