With 22 African billionaires this year, the number on the list has dropped by seven, compared to 29 the previous year. The list, which is available in the February issue of Forbes Africa, is dominated by Egyptians, who have a combined net worth of $14.1 billion, $2.3 billion shy of Nigerian billionaire, Aliko Dangote’s net worth.
Dangote remains the richest African on the list with his net worth increasing by $700 million from 2015.
Africa’s richest have a combined $74.5 billion, a drop of $19.5 billion from $94 billion in 2015. The wealthiest group are South Africans with a combined net worth of $20.1 billion. From the 54 African countries, only seven are represented in the list and only two women.
| Rank | Â Â Â Name | Â Net Worth $ | Origin of Wealth | Citizenship | Â Â Age |
| 1 | Aliko Dangote | 16.4bn | Cement, Sugar, Flour | Nigeria | 58 |
| 2 | Nicky Oppenheimer & family | 6.5bn | Diamonds | South Africa | 70 |
| 3 | King Mohammed VI | 5.8bn | Diversified | Morocco | 52 |
| 4 | Christoffel Wiese | 5.7bn | Retailing | South Africa | 74 |
| 5 | Johann Rupert & family | 5.4bn | Luxury Goods | South Africa | 65 |
| 6 | Nassef Sawiris | 4.2bn | Construction, Chemicals | Egypt | 55 |
| 7 | Isabel dos Santos | 3.5bn | Investments | Angola | 42 |
| 8 | Issad Rebrab & family | 3.1bn | Food | Algeria | 71 |
| 9 | Naguib Sawiris | 3bn | Telecom | Egypt | 61 |
| 10 | Mike Adenuga | 2.9bn | Telcom, Oil | Nigeria | 62 |
| 11 | Mohamed Mansour | 2.5bn | Diversified | Egypt | 68 |
| 12 | Othman Benjelloun | 2bn | Banking, Insurance | Morocco | 83 |
| 13 | Femi Otedola | 1.8bn | Gas Stations | Nigeria | 53 |
| 14 | Youssef Mansour | 1.7bn | Diversified | Egypt | 70 |
| 15 | Folorunsho Alakija | 1.6bn | Oil | Nigeria | 65 |
| 16 | Koos Bekker | 1.5bn | Media, Investments | South Africa | 63 |
| 17 | Yasseen Mansour | 1.4bn | Diversified | Egypt | 54 |
| 18 | Onsi Sawiris | 1.3bn | Construction, Telecom | Egypt | 86 |
| 19 | Aziz Akhannouch & family | 1.1bn | Petroleum, Diversified | Morocco | 55 |
| 20 | Mohammed Dewji | 1.1bn | Diversified | Tanzania | 40 |
| 21 | Stephen Saad | 1bn | Pharmaceuticals | South Africa | 51 |
| 22 | Abdulsamad Rabiu | 1bn | Cement, Sugar, Flour | Nigeria | 55 |
