A fruitful field may be identified by Indians at a glance, and they are quick to seize an opportunity when the opportunity presents itself. As a result, it should come as no surprise that the richest Indians in South Africa are all successful business people, some of whom are at the helm of international businesses that have been in operation for several decades.
In terms of investment opportunities, South Africa is a fruitful field; in fact, it is the most fertile ground on the African continent. In addition to having a large population, South Africa also has a thriving economy, which is fueled by an abundance of natural resources, tourism, communication, and services. South Africa is also a major center for international trade, as well as the number one destination for international students worldwide. South Africa, without a doubt, possesses all of the characteristics that distinguish a great country; as a result, it is completely predicted that Indians will rush to get a piece of the pie that is South Africa.
Top 5 Richest Indians in South Africa
1. Bhimji Depar Shah – Net Worth: $2 Billion
Born: 1932 (age 90 years), Mombasa, Kenya
Children: Vimal Shah
Grandchild: Soham Shah
Bhimji Depar Shah is a Kenyan businessman, industrialist, and entrepreneur who hails from the capital of the country, Nairobi. The BIDCO Group of Companies, a Kenya-based, family-owned industrial conglomerate with operations in 13 African nations, was founded by him, and he currently serves as its chairman.
2. Sudhir Ruparelia – Net Worth: $1 Billion
Born: 17 January 1956 (age 66 years), Kasese, Uganda
Spouse(s): Jyostna Ruparelia (m. 1977)
Education: A-Levels (United Kingdom)
Children: Rajiv Ruparelia, Sheena Ruparelia, Meera Ruparelia
Organization founded: Ruparelia Group
Sudhir Ruparelia is a Ugandan business entrepreneur and investor of Indian descent who was born in the country of Uganda. He serves as chairman of the board of directors and is the majority stakeholder in the Ruparelia Group of enterprises. Banking, insurance, education, radio, and television broadcasting; real estate; floriculture; hotels and resorts; and other businesses are where he focuses his investing efforts.
3. Ashish Thakkar – Net Worth: $700 Million
Born: 5 August 1981 (age 40 years), Leicester, United Kingdom
Spouse: Meera Manek (m. 2008–2013)
Ashish J. Thakkar is a successful entrepreneur living in Rwanda. As the creator of Mara Group and Mara Foundation, he also serves as the chairman of Atlas Mara Limited, which he co-founded with his brother. Thakkar was born in the United Kingdom, but he relocated to East Africa as a youngster before establishing the Mara Group, a Pan-African conglomerate, when he was 15 years old. Thakkar is the son of a British diplomat.
4. Manu Chandaria – Net worth: $500 Million
Born: 1 March 1929 (age 92 years), Nairobi, Kenya
Spouse: Aruna Chandaria
Known for: Business, Philanthropy
Children: Neal Chandaria, Priti Chandaria
Siblings: Keshav Chandaria
Parents: Premchandbhai Chandaria, Poonjiben Chandaria
Filipino Premchand Chandaria OBE CBS EBS is a Kenyan businessman of Indian heritage who was born in Nairobi on March 1, 1929, as Manilal Premchand Chandaria OBE CBS EBS. As a senior member of the Comcraft Group of Enterprises, a billion-dollar corporation with operations in more than 40 countries, he also serves on the boards of directors for a number of well-known East African companies.
5. Merali Family – Net Worth: $400 Million
On the 3rd of July in the year 2021, Naushad N. Merali passed away. He left behind around $500 million in assets, which are currently in the possession of his family for administration. In addition to being the creator of Kencell, a leading mobile service provider in Kenya, Naushad Merali was also the driving force behind the French media conglomerate Vivendi.
Naushad Merali went to Highway Secondary School in Nairobi, Kenya, where he studied mathematics. He immediately got to work on developing an empire that now includes businesses in Kenya, South Africa, and a slew of other African countries, amongst other places.