Top 10 series presenting the top 10 richest people in Cameroon. By @desireforku
Edited on pixellab
Hello friends! Hope we are all doing fine in our various endeavors. As I promised I my previous post, we shall be continuing our top 10 series in which I bring to you the top 10 in different categories across Cameroon, Africa and the World. Today, we shall be presenting the top 10 richest people in Cameroon, their net worth and their main source of income.
In our world today, many people are hustling and bustling in different sectors to make money and while some are doing well and making something for themselves, others are yet to make enough to cater for their daily needs. From these rich men we are about to present to you, you may want to read further and learn from their strategies and wisdom in how to build wealth in a slippery environment like that if Cameroon, without wasting time, let's get going.
1. Baba Ahmadou Dampullo
Net Worth $940 Million
Source
Baba Ahmadou Danpullo is unarguably richest man in Cameroon whose notable sources of fortune is said to be his tea estates, his Telecom business and many more. His business career started slowly in the yesteryears when Baba Ahmadou Danpullo began as a truck driver who also owned a couple of shops then later on he got the license to Import flour and rice. From that time, the rest has been history.
2. Paul Fokam Kammogne
Net Worth $690 Million
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Paul Fokam Kammogne is the second richest man in Cameroon just behind Ahmadou Danpullo. with a net worth of $690 million, his towering wealth is largely attributed to involvement in the banking industry for several years.
Paul Fokam is an investor in Cameroon’s banking sector. He is the main originator of Afriland First Bank which is said to be one of the biggest banks in French-speaking Africa. By 2016, Afriland First Bank was estimated at around $1.1 billion in revenue.
3. Samuel Foyou
Net Worth $450 Million
Samuel Foyou has a net worth of $450 million making him Cameroon’s third richest person. His involvement in beer production is considered the major source of his plenty wealth. he is the reputed founder of BRASAF (Societe Brasserie Samuel Foyou) which is considered as one of Cameroon’s biggest breweries today.
4. Colin Mukete
Net Worth $370 Million
He comes from the Mukete dynasty and is having an estimated net worth of 370 Million dollars, he has a diversified portfolio as his source of wealth, Colin Mukete is the fourth wealthiest person in Cameroon from the Kumba area.
5. Nana Bouba
Net Worth $350 Million
Nana Bouba is a 68-year-old Cameroonian from the adamawa whose who is mainly involve in food production. he is the founder of Nana Bouba Group which is diversified company with other specialties like construction, production of tomato concentrates, beverage making, and beef processing among others. In 2016, Nana Bouba Group amassed a turnover of about $350 million.
6. Sylvestre Ngouchinghe
Net Worth $280 Million
Sylvester Ngouchinghe is a tycoon businessman whose substantial wealth is realized from trading in seafood. He is regarded as the owner of Congelcam SA, Sylvester Ngouchinghe holds a net worth of $280 million which makes him the sixth richest man in Cameroon. Conglecam SA operates through a massive staff comprising over 2000 employees around the country.
7. Kate Fotso
Net Worth $255 Million
Source
She is Currently the richest woman in Cameroon with an estimated net worth of $255 million, Kate Fotso who is the wife of the late billionaire Andre Fotso currently holds the seventh place on the list of richest people in Cameroon.
8. Mohamadou Bayero Fadil
Net Worth $ 252 Million
Source
He is a successful magnate with diversified business portfolio. His reputable business successes distinguishes him as the CEO of Fadil Group which is the company his father established in 1944. Meanwhile, Fadil Group is an operative agro-industrial consortium concerned with hotels, soap production, livestock farming, and the production of edible oils among others.
9. The Kadji Family
Net Worth $200 Million
Source
The late Joseph Kadji Defosso was one of the most successful industrialists in Cameroon and his wealth is mainly attributed to the production of beer. He is the founder of UCB (Cameroonian Union of Breweries) which is Cameroon’s top brewery. Significantly, UCB controls somewhat above 15% of Cameroon’s beer industry.
10. The Sohaing Family
Net Worth $200 Million
The Sohaing family is the family of Andre Sohaing who was a Cameroonian politician and businessman. He died in 2015. The family has an estimated net worth of $200 million to seal the 10th position.
So that's what I prepared for you guys today. Which richest man amazed you the most?
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