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From South Africa to Algeria, These Men Are Africa’s Richest Football Club Owners

These mega-rich businessmen have divested their wealth into professional sports teams.

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Sixty-eight-year-old Papa Kwasi Nduom is one of Ghana’s richest men. He is the chairman of the conglomerate, Groupe Ndoum, and the Coconut Grove Resort in Ghana. He also owns Elmina Sharks, a football club from Ghana based in Elmina, Central Region.
Billionaire mining tycoon Patrice Matsepe is the owner of the Mamelodi Sundowns, a South African professional football club based in Mamelodi, Pretoria, in the Gauteng Province. The club plays in the Premier Soccer League, the first tier of the South African football league system. Motsepe is also the president of the Confederation of African Football.
Nigerian billionaire Kunle Soname is a sports gaming mogul and the owner of Bet9ja, an online bookmaker company that offers betting on major sporting events in Nigeria. In 2015, he acquired the Portuguese side, Clube Desportivo Feirense. He also owns the Remo Stars Football Club, a Nigerian football club based in Ikenne, Nigeria, which plays in the second division of the Nigeria National League.
Irvin Khoza is the chairman of the Orlando Pirates Football Club. He has business interests in the construction industry and also owns several gas stations, shopping malls and shops in Soweto.
Kaizer Motuang owns the Kaizer Chiefs, a South African professional football club based in Naturena, which plays in the Premier Soccer League. Motuang owns the investment vehicles, Kaimot Investments and Kaizer Holdings.
Assem Allam is an Egyptian multimillionaire businessman and the owner of the EFL League One club Hull City A.F.C. He is the owner of Allam Marine, an industrial generator manufacturer.
Ali Haddad, 56, is the CEO of ETRHB Haddad Group, a hydraulics and building works company. Haddad owns Union Sportive de la Médina d’Alger, also known as USM Alger, a football club based in the city of Algiers.
Mohammed Dewji, Africa’s youngest billionaire, is the CEO of the Tanzanian conglomerate METL. He owns a 49-percent stake in the Simba Sports Club, a football club based in Kariakoo, Dar es Salaam, Tanzania.
Moise Katumbi is also the owner of the Congolese football club TP Mazembe, which has previously won the CAF Champions League. A prominent politician, Katumbi was the founder of Mining Company Katanga (MCK), which was sold in 2015 to the French logistics giant Necontrans

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