Wealthiest People in the World 2016-Forbes Billionaires List

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Forbes’ billionaire list is out and as expected, Microsoft’s co-founder Bill Gates retained his position as the world’s wealthiest man with a net worth of $77.4 billion.

Bill Gates was closely followed by Spaniard Amancio Ortega, who is the brains behind Inditex fashion group, which owns Zara clothing and accessories retail shops.

Facebook founder Mark Zuckerberg is now ranked 6th, moving up 10 spots in a span of one year.

Aliko Dangote maintained his number one position in Africa. His net worth increased by $700 million from 2015.

Below is a list of wealthiest Africans in 2016

Rank      Name   Net Worth $ Origin of Wealth Citizenship   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