this post was submitted on 10 Jul 2025
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Global News

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The anti-poverty charity Oxfam warns that growing inequality in Africa is hindering democracy. The four richest Africans have more wealth than half of the continent's population.

Archived version: https://archive.is/newest/https://www.dw.com/en/4-rich-africans-reportedly-wealthier-than-half-the-continent/a-73220927


Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

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[–] TheReturnOfPEB@reddthat.com 20 points 2 days ago (2 children)

The four most affluent Africans hold $57.4 billion

Elon Musk is worth over 400 Billion dollars, and he is from South Africa. Somehow I'm confused on what this article is going on about.

[–] MrMakabar@slrpnk.net 10 points 2 days ago (1 children)

Home Affairs Minister Leon Schreiber said he could not provide details on Elon Musk, Reon Barnard, Peter Thiel, and David Sacks’ South African citizenship.

https://businesstech.co.za/news/government/816425/elon-musks-south-african-citizenship-questioned/

[–] TheReturnOfPEB@reddthat.com 2 points 1 day ago (1 children)

Leon Schreiber is another white guy. I wonder what his net worth is ?

[–] MrMakabar@slrpnk.net 1 points 1 day ago

Leon Schreiber is as the Minister for Home Affairs responsible for matters of citizenship in South Africa. That is why I quoted him. No idea why him being white changes any of that.

[–] TheBat@lemmy.world 4 points 2 days ago (1 children)
[–] lauha@lemmy.world 8 points 2 days ago

Hopefully deported by ICE soon

[–] Dyskolos@lemmy.zip 12 points 2 days ago

From

...africa had no billionaires in 2000

To

Furthermore, the top 5% of Africans possess nearly $4 trillion in wealth, which is over twice the total wealth of the rest of the continent combined.

Just wow...

[–] Auk@lemmy.world 3 points 2 days ago

Yay rich people!