- In most African countries wealth is viewed as belonging to a family, not an individual. This case applies in Namibia, where the wealth is held in families, and as you know only too well, a family begins with a union between a man and woman, i.e. a wedding!
- Coming up is a list of the top 10 richest people in Namibia and the sectors that their families are involved in that contribute to their immense wealth.
10. Frank Fredricks
- Frank Fredricks is a former track and field athlete who won four silver medals at the Olympics. This individual is worth $20 million, having invested the money he accumulated from his track and field career in high-value assets.
- Fredricks currently runs a non-profit organization dedicated to nurturing young talented athletes in Namibia.
9. Tromp Family
- The Tromp Family owns and has a majority shareholding in Nictus Holdings, an investment company. The family currently has a net worth of $21 million.
- This family, apart from being major shareholders in Nictus, is involved in the running of the company by playing significant roles in the day-to-day operations. Gerard Tromp is currently the most active family member in this investment company.
8. Gida Nakazibwe Sekandi
- Gida Nakazibwe Sekandi is one of the top 10 richest people in Namibia, with a net worth of $22.3 million.
- This millionaire is the executive director of Capricorn Investment Holdings. She also holds interests in diverse businesses within the country.
7. Behati Prinsloo
- Behati Prinsloo is a famous Namibian model who has made her mark on the international stage. Her net worth amounts to $30 million.
- The bulk of this millionaire’s earnings come from having worked with several high-profile brands, including Ralph Lauren, Victoria’s Secret, and Miu-Miu.
6. The Geingob Family
- The Giengob family is also known as the first family of Namibia. This family, led by Hage Gottfried Geingob, the president of Namibia, has a net worth of $81.5 million.
- The family’s wealth comes from investments, a collection of arts, gold, gems and jewellery, and property investments.
- The first lady of Namibia, Monicah Geingos, is the Managing Director of Namibia’s Stimulus Investments Limited.
5. Sien Thieme
- Sien Thieme has a net worth of $150 million. He is the Executive Chairman and the leading shareholder of Ohlthaver & List (O&L), a company founded by his grandfather Werner List.
- O&L owns Namibia Breweries Ltd, Namibia Dairies, and O&L Leisure Namibia.
4. Luis Munana
- Luis Munana is a top international model, financial analyst, and businessman who is worth $300 million. He is also the founder of Voigush Media, a company that deals in television, print publishing, models, social media for corporate companies, and public relations.
- This millionaire also owns Voigush Africa TV which was started in 2014, and Voigush Magazine which covers fashion, lifestyle, and entertainment.
3. Koos Brandt
- Koos Brandt, another of the top 10 richest people in Namibia, is worth $1 billion.
- This billionaire is the former chairman of Capricorn Holdings Limited and owns the highest number of shares in the company.
2. Quinton van Rooyen
- Quinton van Rooyen is the founder, owner, and majority shareholder of Trustco Group Holdings. This company, founded in 1992, is one of Southern Africa’s largest financial services providers, dealing in banking and finance.
- This billionaire has a net worth of $1.2 billion.
1. Frans Indongo
- Frans Indongo is undoubtedly the richest man in Namibia, with a net worth of $1.5 billion. He is the owner and founder of the Indongo Group that owns the Frans Indongo Gardens Building in Windhoek CBD, Indongo Toyota, Bokomo Foods Namibia, and Frans Indongo Lodge.
- This billionaire owns several properties and businesses in Swakopmund, Windhoek, Walvis Bay, and Tsumeb.
This list of the top 10 richest people in Namibia should inspire you to think about what you and your spouse can achieve once you get married and start a family!