There is a lot of money to be made in football and the popularity of a football club, paves the way for more opportunities. So it is not surprising to see African football clubs recording a rise in prominance, in recent times with the investment of several very wealthy African businessmen.
Although major clubs like Al Ahly, Zamelek, Hope and many others are among the richest on the continent in terms of net income and value, they are not the private properties of individuals. Most of them function as clubs with the right to vote to elect their president.
These people will not appear on this list. Business Insider SSA has released the list of 7 rich club owners who play in the various African championships …
1- Irving Khoza
The man named “The Iron Duke” has been in charge of the South African Orlando Pirates Football Club since 1991. He has been president of the 2010 World Cup Organizing Committee and has a net worth of around 30 million of dollars.
2- Ali Haddad
The president of USM Algiers is not very well known in the African football community, but his mandate coincides with the setting up of a new direction regarding the nancing of the club. With a net worth of more than $ 300 million of his interests in the media and others, he is one of the richest owners of the African game.
3- Kaiser Motaung
The founder of one of South Africa’s best clubs, Kaiser Chiefs, has come a long way to making his club one of the most recognized teams in world football. 4- IfeanyiUbah The Nigerian billionaire owns the club that bears his name and has become one of the best teams in the league. A ruthless entrepreneur, Ubah is willing to invest much of his wealth in the club’s rise.
5- Dr. PapaKwasi NDUOM
Papa Kwasi is relatively new to football, Ghanaian politician who owns more than twenty companies in various sectors of the Ghanaian economy funds teams in the rst league of men’s and women’s football, including Elmina Sharks. He also built a complete stadium for his Elmina sharks.
6- Moise Kitumbi
The enigmatic politician has elevated TP Mazembe to the ranks of the continent’s best, not only on the field, but also on all fronts. Kitumbi has financed a $ 35 million stadium, a private jet and brought many big names that are quite expensive.
7- Patrice Motsepe
One of the richest men in Africa also has one of the most glamorous clubs, Mamelodi Sundowns, in the South African league. The current champions of Africa get the best of everything with a net worth of $ 1.8 billion.