Africa's 10 Richest People - 2016

Here is the list of Africa's ten richest billionaires as at 12th September 2016 according to Forbes ranking. Aliko Dangote of Nigeria maintains top spot with a net worth of $12.4 Billion dollars - despite a whooping $4.3 billion loss from his net worth last year :

TOP 10 RICHEST AFRICANS 2016

.   Aliko Dangote (Age: 59)

Net Worth: $16.7 Billion in 2015 ($12.4 Billion as at 12^th September 2016)

Source of Wealth: CEO, Dangote Group - Cement, Sugar, Flour, Oil (in view), Self-made

Citizenship: Nigerian

Residence: Lagos, Nigeria

2. Nicky Oppenheimer and Family  (Age: 71)

Net Worth: $6.6 Billion in 2015 ($6.7 Billion as at 12^th September 2016)

Source of Wealth: Diamonds

Citizenship: South-African

Residence: Johannesburg, South Africa

3. Christoffel Wiese (Age: 75)

Net Worth: $6.5 Billion in 2015 ($6.6 Billion as at 12^th September 2016)

Source of Wealth: Retailing, Self-made

Citizenship: South African

Residence: Cape Town, South Africa

4. Johann Rupert & Family (Age: 66)

Net Worth: $6.3 Billion in 2015 ($5.4 Billion as at 12^th September 2016)

Source of Wealth: Luxury Goods

Citizenship: South African

Residence: Cape Town, South Africa

5.    King Mohammed VI (Age: 53)

Net Worth: $5.7 Billion in 2015

Source of Wealth: Diversified

Citizenship: Morocco

Residence: Rabat, Morocco

6.   Nassef Sawiris (Age: 55)

Net Worth: $4.9 Billion in 2015 ($5.1 Billion as at 12^th September 2016)

Source of Wealth: Construction, Chemicals

Citizenship: Egyptian

Residence: Cairo, Egypt

7.   Mike Adenuga (Age: 63)

Net Worth: $3.5 Billion in 2015 ($6.4 Billion as at 12^th September 2016)

Source of Wealth: Telecom, Oil, Self-made

Citizenship: Nigerian

Residence: Lagos, Nigeria

8.    Isabel dos Santos (Age: 43)

Net Worth: $3.4 Billion in 2015 ($3.3 Billion as at 12^th September 2016)

Source of Wealth: Investments

Citizenship: Angolan

Residence: Luanda, Angola

9.    Issad Rebrab & Family (Age: 72)

Net Worth: $3.2 Billion in 2015 ($3.3 Billion as at 12^th September 2016)

Source of Wealth: Food, Self-made

Citizenship: Algerian

Residence: Algiers, Algeria

10.   Naguib Sawiris (Age: 62)

Net Worth: $3 Billion in 2015 ($3 Billion as at 12^th September 2016)

Source of Wealth: Telecom

Citizenship: Egyptian

Residence: Cairo, Egypt

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