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Musk Leads 8 African-Born Tycoons on US Billionaire Immigrants List

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Eight African-born billionaires have made Forbes’ 2025 list of America’s Richest Immigrants, showcasing the continent’s growing influence on global entrepreneurship. South Africa leads with Elon Musk—the world’s richest man—alongside Patrick Soon-Shiong and Rodney Sacks. Nigeria follows with finance titan Adebayo Ogunlesi and software mogul Tope Awotona, while Egypt, Morocco, and Kenya each claim one spot. Together, these billionaires represent a powerful testament to the entrepreneurial resilience and ambition of African immigrants in America. Forbes notes that 93% of immigrant billionaires are self-made, with many thriving in the tech and finance sectors. Their success reflects a broader demographic shift, with immigrant billionaires now accounting for 14% of American billionaires and 18% of the country’s billionaire wealth.

Business Insider Africa

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