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 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.
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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 Billionaires 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 Muskv | $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 | 86 | 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 |
1 Comment
With 22 African billionaires this year, the number on the list has dropped by seven.