Africa’s Billionaires of 2016

Forbes has put out its list of 2016 world billionaires and there are 28 African billionaires on the list, down from 33 the year before. Africa has 26 men and 2 women from 9 African counties with Nigeria’s Aliko Dangote still the richest man in Africa and Angola’s Isabel Dos Santos the richest woman in Africa.

The number of African Billionaires has dropped from 2015‘s 33 to 28 in 2016.  Five billionaires dropped off the list from last year and some newcomers were added to the list.

ALSO READ: South African Billionaire Patrice Motsepe Invests $17.3 Million In A New Venture. Here Is Why

African Countries represented on the Billionaire list

In 2016, South Africa topped the list with 8 billionaires. Egypt was a close second with 7 Billionaires. Nigeria comes 3rd with 5 billionaires and Morocco 2. The other countries represented are Angola, Algeria, Ethiopia, Sudan and Swaziland.

African Billionaire Age groups

There are 3 billionaires in their forties, 7 in their fifties, 7 in their sixties, 8 in their seventies and 3 in their eighties. Africa’s youngest Billionaire is still Mohammed Dewji from Tanzania at Age 41. 

Picture	Africa Rank	Forbes Rank	Name	Net Worth	Age	Wealth Source	Hometown / Residence
	1	#51	Aliko Dangote	$15.4 B	59	cement, sugar, flour	Nigeria
	2	#81	Patrick Soon-Shiong	$11.9 B	65	pharmaceuticals	South Africa / United States
	3	#94	Elon Musk	$10.7 B	45	Tesla Motors	South Africa / United States
	4	#103	Mike Adenuga	$10.0 B	63	telcom, oil	Nigeria
	5	#138	Mohammed Al Amoudi	$8.3 B	70	oil, diversified	Ethiopia / Saudi Arabia
	6	#174	Nicky Oppenheimer	$6.6 B	71	diamonds	South Africa
	7	#214	Christoffel Wiese	$5.8 B	75	retailing	South Africa
	8	#248	Johann Rupert	$5.3 B	66	luxury goods	South Africa
	9	#421	Nathan Kirsh	$3.7 B	85	retail, real estate	Swaziland
	9	#421	Nassef Sawiris	$3.7 B	56	construction	Egypt
	10	#453	Haim Saban	$3.5 B	72	TV network, investments	Egypt / United States
	11	#549	Issad Rebrab	$3.1 B	73	food	Algeria
	12	#569	Naguib Sawiris	$3.0 B	62	telecom	Egypt
	12	#569	Isabel dos Santos	$3.3 B	43	investments	Angola
	13	#688	Mohamed Mansour	$2.5 B	69	diversified	Egypt
	14	#959	Othman Benjelloun	$1.9 B	84	banking, insurance	Morocco
	14	#959	Mohamed Al Fayed	$1.9 B	88	retail, investments	Egypt
	15	#1011	Femi Otedola	$1.8 B	54	gas stations	Nigeria
	16	#1067	Youssef Mansour	$1.7 B	71	diversified	Egypt
	17	#1121	Folorunsho Alakija	$1.6 B	66	oil	Nigeria
	17	#1121	Allan Gray	$1.6 B	79	money management	South Africa
	18	#1275	Yasseen Mansour	$1.4 B	55	diversified	Egypt
	18	#1275	Koos Bekker	$1.4 B	64	media, investments	South Africa
	19	#1367	Aziz Akhannouch	$1.3 B	56	petroleum, diversified	Morocco
	20	#1577	Mohammed Dewji	$1.1 B	41	diversified	Tanzania
	20	#1577	Patrice Motsepe	$1.1 B	55	mining	South Africa
	20	#1577	Mohammed Ibrahim	$1.1 B	70	communications	Sudan / United Kingdom
	20	#1577	Abdulsamad Rabiu	$1.1 B	56	cement, sugar, flour	Nigeria