Africa’s Billionaires of 2016

African Billionaires

African Billionaires
African Billionaires: Photo credit owned by African Vibes

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.

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 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.

PictureAfrica RankForbes RankNameNet Worth AgeWealth
Source
Hometown/
Residence
aliko-dangote_100x100 (1)1#51Aliko Dangote$15.4 B59cement, sugar, flourNigeria
patrick-soon-shiong_100x1002#81Patrick Soon-Shiong$11.9 B
65
pharmaceuticalsSouth Africa / United States
elon-musk_100x1003#94Elon Muskv
$10.7 B
45Tesla MotorsSouth Africa / United States
mike-adenuga_100x1004#103Mike Adenuga
$10.0 B

63

telcom, oil

Nigeria
mohammed-al-amoudi_100x1005#138Mohammed Al Amoudi$8.3 B70oil, diversifiedEthiopia / Saudi Arabia
nicky-oppenheimer_100x1006#174
Nicky Oppenheimer
$6.6 B71
diamonds

South Africa
christoffel-wiese_100x1007#214
Christoffel Wiese
$5.8 B75
retailing
South Africa
johann-rupert_100x1008#248Johann Rupert$5.3 B66
luxury goods
South Africa
nathan-kirsh_100x1009#421Nathan Kirsh
$3.7 B
86retail, real estate
Swaziland
nassef-sawiris_100x1009#421Nassef Sawiris$3.7 B56constructionEgypt
haim-saban_100x10010#453
Haim Saban
$3.5 B72TV network, investmentsEgypt / United States
issad-rebrab_100x10011#549Issad Rebrab$3.1 B73foodAlgeria
naguib-sawiris_100x10012#569Naguib Sawiris$3.0 B62telecomEgypt
isabel-dos-santos_100x10012#569Isabel dos Santos$3.3 B43investmentsAngola
mohamed-mansour_100x10013#688Mohamed Mansour$2.5 B69diversified
Egypt
othman-benjelloun_100x10014#959
Othman Benjelloun
$1.9 B84
banking, insurance
Morocco
mohamed-al-fayed_100x10014#959
Mohamed Al Fayed
$1.9 B88retail, investmentsEgypt
femi-otedola_100x10015#1011Femi Otedola$1.8 B54gas stationsNigeria
youssef-mansour_100x10016#1067Youssef Mansour$1.7 B
71
diversified
Egypt
folorunsho-alakija_100x10017#1121Folorunsho Alakija$1.6 B66oilNigeria
no-pic_100x10017#1121Allan Gray$1.6 B79money managementSouth Africa
yasseen-mansour_100x10018#1275Yasseen Mansour$1.4 B55diversifiedEgypt
koos-bekker_100x10018#1275Koos Bekker$1.4 B64media, investmentsSouth Africa
aziz-akhannouch_100x10019#1367Aziz Akhannouch$1.3 B56petroleum, diversifiedMorocco
mohammed-dewji_100x10020#1577Mohammed Dewji$1.1 B41diversifiedTanzania
patrice-motsepe_100x10020#1577Patrice Motsepe$1.1 B55miningSouth Africa
mohammed-ibrahim_100x10020
#1577
Mohammed Ibrahim$1.1 B70communications
Sudan / United Kingdom
abdulsamad-rabiu_20#1577Abdulsamad Rabiu$1.1 B56cement, sugar, flourNigeria

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