Namibia Billionaires: Top 10 Richest Men In Namibia
Today, let’s take a little trip down to the beautiful southern corner of Africa — Namibia. Yes oh! That gem of a country where desert dunes roll like golden waves, wildlife walks freely, and the landscapes will make your Instagram go viral. But forget tourism for now. We're not here to talk giraffes or safari lodges. Today, we’re talking money — serious money.
You see, Namibia might not always make headlines when it comes to African billionaires, but don’t be deceived. There are some seriously wealthy men in that land who are balling quietly, stacking those Namibian dollars (and U.S. dollars too!) like Lego bricks. These guys have built empires from scratch, turned opportunities into fortunes, and are now sitting pretty on the peak of prosperity.
So, whether you're dreaming of being your own boss, planning to take over the family business, or you're just here for the gist, sit back and enjoy. Here's the Top 10 Richest Men in Namibia in 2025 — and believe me, you’re about to get seriously inspired.
1. Quinton-van-Rooyen
Net Worth: $185 Million
First on our list is the quiet, corporate boss himself — Dr. Quinton-van-Rooyen. This man is not just wealthy; he's a business ninja. As the founder and executive chairperson of Trustco Group Holdings, he’s built one of Namibia’s most powerful business empires. From insurance and finance to real estate and education, this man’s company is everywhere.
He didn’t just walk into money — he hustled. His company was once just a tiny little business and today it's listed on both the Namibian and Johannesburg Stock Exchanges. When we talk about building wealth through strategy and sheer work ethic, Dr. Quinton is the blueprint.
2. Frans Indongo
Net Worth: $150 Million
Ah, Uncle Frans! The godfather of Namibian business. If there's one man who has truly earned his respect across every generation, it’s this guy. Born in the colonial era with limited opportunities, he rose from being a small trader to building a massive business conglomerate — Indongo Group.
This group has fingers in every pie: property, retail, food, and manufacturing. Uncle Frans owns some of the biggest commercial properties in Namibia, including luxury shopping complexes and hotels. He's also known for philanthropy — helping uplift his community while staying rich. A wise man once said, “Don’t just make money, make impact.” Frans Indongo lives that quote.
3. John Muinjo (aka Kapa Muvengwa)
Net Worth: $105 Million
Now here’s someone who proves that no dream is too big. Kapa Muvengwa (as most Namibians call him) is a self-made multi-millionaire and proud owner of KMP Holdings — a company that spans construction, logistics, hospitality, and property.
He is known for his fierce business instincts and calm demeanor. Kapa is that kind of entrepreneur who sees value where others see problems. He bought into hotels and retail when no one believed it would work — now he’s laughing all the way to the bank (probably in a Range Rover).
4. Sven Thieme
Net Worth: $90 Million
Talk about legacy! Sven Thieme is the Executive Chairman of Ohlthaver & List (O&L) Group, one of the oldest and largest privately-owned companies in Namibia. If you’ve ever had Windhoek Lager or stayed at Strand Hotel in Swakopmund, then you’ve supported Sven’s empire.
This family business has its roots way back in the early 1900s, but under Sven’s leadership, it has evolved into a powerhouse in food production, beverages, fishing, property, and more. He’s the rich guy that’s not flashy, just effective. The type that wears a regular shirt but owns half the city. 😄
5. Benjamin Hauwanga (BH)
Net Worth: $70 Million
If hustle had a poster child in Namibia, it would be BH. This man went from fixing cars in a small garage to owning a cross-border business empire that spans South Africa, Angola, and Namibia.
BH Group of Companies handles everything from transport, fuel distribution, and construction to supermarkets. Hauwanga didn’t go to Ivy League schools or inherit wealth. He created his own lane. He’s the motivational speaker you didn’t know you needed — proving that discipline and consistency can change a man’s destiny.
6. Desmond Amunyela
Net Worth: $50 Million
Ever heard of the SunKarros Hotels and Lodges? Yeah, that’s Desmond’s baby. Amunyela is the hospitality king of Namibia and one of the sharpest minds in the business world. From real estate to tourism and investments, he’s played his cards right.
He is one of those entrepreneurs who saw Namibia's tourism potential before it blew up and turned that foresight into a business jackpot. He’s also an advocate for young entrepreneurs and often shares practical advice on wealth creation. So yes, you can learn while you earn — or while he earns. 😉
7. Vaino Nghipondoka
Net Worth: $45 Million
Another solid name in the Namibian wealth squad is Vaino Nghipondoka, the owner of Profile Investment Holdings. His company is behind many successful ventures in construction, telecoms, retail, and property.
He’s like that friend in school who was always thinking ahead — while the rest of us were just dreaming of passing exams, he was already planning business moves. Today, he's reaping the benefits of forward-thinking. He's respected across Southern Africa for his acumen and vision.
8. Erastus “Chicco” Shapumba
Net Worth: $40 Million
“Chicco” is not just a cool nickname; it’s the brand behind one of the most successful property empires in Namibia. From Oshakati to Windhoek, Chicco Group properties are prime. Whether it’s residential, commercial, or hospitality, Chicco has built, sold, and managed it.
He started from very humble beginnings — reportedly selling basic goods on street corners — and built himself into one of Namibia’s richest real estate moguls. You’ve got to love these from-grass-to-grace stories. It just reminds you that wealth is possible if you stick to your grind.
9. Martha Namundjebo-Tilahun & David Tilahun
Combined Net Worth: $35 Million
Yes, I know this is a “Top 10 Richest Men” list, but how do we ignore power couples who build fortunes together? Martha and David run the United Africa Group, which is involved in hospitality, property development, finance, and even healthcare.
They’ve built hotels, malls, and office parks — making them not just rich, but impactful. This duo shows us that sometimes, two heads (especially married ones) are truly better than one when it comes to building wealth.
10. Sidney Martin
Net Worth: $30 Million
Finally, we have Sidney Martin, a respected businessman in agriculture, construction, and energy. He has been involved in both public and private sectors and has created serious wealth through land development and farming.
He’s also been politically active in the past, but don’t let that distract you — he’s all about business. With his companies spread across multiple sectors, Sidney quietly commands a respectable fortune in Namibia's economic circle.
Final Thoughts: Riches With Responsibility
So, there you have it, my dear readers. The top 10 richest men in Namibia in 2025. These men didn’t stumble upon wealth. They built it — with strategy, sacrifice, vision, and a whole lot of hard work. Some came from humble beginnings; others inherited businesses but took them to greater heights.
But here's the big takeaway: they didn't get rich overnight. No magic button, no genie in a bottle — just consistent hustle. Whether it’s in farming, hospitality, real estate, or logistics, these guys remind us that wealth is built over time, not in a moment.
So, what’s stopping you? Are you sitting on a business idea? A product you want to sell? A service that could transform lives? Take a cue from these Namibian bosses and start where you are. The path may be rough, but the reward is real.
Until next time, keep dreaming big, keep planning smart — and who knows? Maybe you’ll make this list someday.
