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Dimunayo Tengi
- 5 Min Read
Angola Billionaires: The Top 10 Richest Men In Angola
Angola, located in Southern Africa, has long been known for its wealth of natural resources, including oil, diamonds, and fertile agricultural lands. These assets, combined with years of political transitions, booming sectors, and infrastructural needs, have created fertile ground for entrepreneurship and wealth accumulation. Despite ongoing challenges like corruption, poverty, and inequality, Angola has produced a number of extraordinarily wealthy individuals—many of whom have played major roles in shaping the country's economy.
This blog post highlights the ten richest men in Angola as of 2025, revealing how they built their fortunes and their influence across Africa and beyond.
1. Isabel dos Santos (Honorable Mention)
While not male, it’s impossible to ignore Isabel dos Santos, Africa’s richest woman and the daughter of the late José Eduardo dos Santos. Though facing legal challenges and asset freezes, her influence on Angola’s economy and her once-$2 billion net worth warrant her mention.
However, for the main list below, we focus exclusively on living male billionaires and multi-millionaires who remain active and influential in 2025.
1. Antonio Mosquito M’Bakassy
Estimated Net Worth: Over $1 Billion
Antonio Mosquito is one of Angola’s most prominent and diversified entrepreneurs. He owns Grupo Antonio Mosquito, a conglomerate involved in logistics, real estate, auto imports (including Toyota Angola), mining, and construction. His business savvy and connections have allowed him to tap into government contracts and international partnerships.
Mosquito was also briefly involved in Portugal’s Global Media Group, showing a growing appetite for transnational investments. His wealth continues to expand, and he is widely considered one of Angola’s most powerful businessmen.
2. Agostinho Kapaia
Estimated Net Worth: $800 Million
Agostinho Kapaia is the founder of Grupo Opaia, one of the largest business groups in Angola. Active in agriculture, construction, renewable energy, and infrastructure, Opaia has helped shift Angola toward food security and energy independence.
Kapaia is celebrated as a self-made entrepreneur who started with limited capital and built a nationally recognized business empire. He is also active in promoting youth entrepreneurship and technological innovation in Angola.
3. Zandre Campos
Estimated Net Worth: $700 Million
Zandre Campos is the founder and CEO of ABO Capital, a multinational private equity firm with investments across Africa. His company focuses on infrastructure, technology, education, healthcare, and financial services.
Campos began in Angola’s telecom sector and rose to prominence through his leadership in Nazaki Oil & Gas and later ABO Capital. His firm has facilitated development projects from Luanda to Addis Ababa. Campos is also one of the leading voices promoting intra-African trade and investment.
4. Jean-Claude Bastos de Morais
Estimated Net Worth: $600 Million
Jean-Claude Bastos de Morais is a Swiss-Angolan entrepreneur and investment strategist who founded Quantum Global Group. The company once managed a large portion of Angola’s sovereign wealth fund and invested heavily in African infrastructure and energy.
He also founded Angola’s first investment bank, Banco Kwanza Invest. While his ties to state funds led to legal scrutiny in the past, he remains a key figure in Angolan finance and venture capital.
5. Álvaro Sobrinho
Estimated Net Worth: $500 Million
Álvaro Sobrinho is a prominent banker and investor known for his role in expanding Banco Espírito Santo Angola (BESA) and later Banco Valor. He also owns media properties and invests in green energy and philanthropic initiatives.
Despite past controversies, Sobrinho remains a strong influence in Angola’s banking and financial sectors. His Sobrinho Foundation supports education and entrepreneurship across Lusophone Africa.
6. Carlos São Vicente
Estimated Net Worth: $400 Million
Carlos São Vicente was once the CEO of AAA Seguros, one of Angola’s leading insurance companies, and AAA Activos, which managed gas stations across the country. Although he faced legal challenges over financial mismanagement and corruption, he remains one of the wealthiest Angolans.
São Vicente’s business empire once dominated Angola’s oil insurance and downstream fuel distribution sectors. Despite setbacks, his holdings and connections continue to ensure his financial standing.
7. Bento Kangamba
Estimated Net Worth: $300 Million
Bento Kangamba is a former military officer turned businessman and politician. Known for his flamboyant lifestyle and close ties to the ruling MPLA party, Kangamba has amassed wealth from real estate, logistics, and mining.
He also owns a popular football club, Kabuscorp Sport Clube do Palanca, and has used sports to expand his influence among Angola’s youth. Despite his reputation for controversy, his business acumen and loyalty to the ruling elite have secured his place among Angola’s richest.
8. Carlos Cunha
Estimated Net Worth: $250 Million
Carlos Cunha is the founder of IMEXCO Group, a major player in Angola’s automobile and heavy machinery import sector. His company distributes vehicles, spare parts, and construction equipment throughout Angola and neighboring countries.
Cunha has also invested in real estate, construction, and logistics. IMEXCO’s strong position in the market and his growing international ties make him a key figure in Angolan commerce.
9. Pedro Godinho Domingos
Estimated Net Worth: $200 Million
Pedro Godinho Domingos is a real estate and construction magnate in Luanda. He is known for his high-end property developments and large-scale government infrastructure projects. His company has worked on some of Angola’s most ambitious housing and public works projects.
Domingos is a quiet but powerful figure who has built his wealth by capitalizing on Angola’s post-war reconstruction efforts. His real estate empire continues to grow in Luanda and beyond.
10. José Leitão
Estimated Net Worth: $180 Million
José Leitão is the founder of Nova Cimangola, one of Angola’s largest cement producers. The company has played a pivotal role in Angola’s construction boom over the past two decades. As demand for affordable housing, roads, and commercial buildings soared, Nova Cimangola became a strategic asset.
Leitão also has stakes in logistics, shipping, and materials trading. His industrial acumen has made him one of the richest industrialists in the country.
Final Thoughts
The richest living men in Angola have accumulated wealth through a mixture of entrepreneurship, strategic partnerships, and—at times—political ties. While some have faced controversy, others have been lauded as pioneers of local enterprise and innovation. These individuals span industries including oil, banking, real estate, telecommunications, insurance, agriculture, and logistics.
As Angola moves toward economic diversification and reform, these elite businessmen will continue to shape the nation’s development. With a growing young population and rising demand for innovation and infrastructure, Angola’s next generation of billionaires may emerge from tech, education, or clean energy. For now, the men listed above remain at the pinnacle of Angolan wealth and influence.
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