South African Billionaire Nicky Oppenheimer's Net Worth Surges 2.1 Billion

Oppenheimers net worth surged 2.1 billion to 12.2 billion, cementing his place as Africas third-richest and 234th globally.

His wealth rebounded from 10.1 billion on April 9 to 12.2 billion in just over two months, lifting YTD gains to 625 million.

Through Oppenheimer Generations, he links Africa-Asia opportunities and champions conservation at Tswalu Kalahari and Shangani Ranch.

After his net worth dipped close to 10 billion, a level he had hovered around since February 2024, South Africas second-richest billionaire, Nicky Oppenheimer, has seen his fortune climb sharply. His wealth rose by 2.1 billion, reaching 12.2 billion at the time of writing, reinforcing his place among Africas wealthiest individuals.

The Bloomberg Billionaires Index , which tracks the worlds 500 richest people, shows that Oppenheimers net worth grew from 10.1 billion on April 9 to 12.2 billion within just over two months. This rebound has pushed his year-to-date gains back into positive territory, now standing at 625 million.

This recovery follows a sharp fall earlier this year. Oppenheimers wealth dropped from 12.1 billion to 10.1 billion after President Trump announced new tariffs, including a 34 percent reciprocal levy on Chinese goods. But when Trump later announced a three-month pause on these tariffs, Oppenheimers fortune quickly bounced back.

At 79 years old, Oppenheimer remains one of Africas richest figures. More than ten years after ending his familys 80-year run in the diamond business by selling their 40 percent stake in De Beers to Anglo American for 5.2 billion, he still holds a strong position in the continents business world. Today, he ranks as the 234th richest person globally and the third-richest in Africa, with an estimated net worth of 12.2 billion.

Much of this comes from his private investments, which are managed through Stockdale Street in London and Tana Africa Capital in Johannesburg. These firms have helped the Oppenheimer family stay influential across a range of industries in Africa and beyond.