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[*=center]Africa's Richest People Home
40 Rich Africans
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South Africa, the continent's economic giant, is home to 12 of Africa's 40 richest, followed by Nigeria, with 11. Egypt comes next, with 8 list members, and Morocco with 5. It is perhaps no surprise that the overwhelming majority of Africa's 40 Richest come from the countries with the largest stock exchanges.
The wealthiest hail from 8 countries –up from six last year. The two new countries represented are Angola (Isabel dos Santos) and Tanzania (Said Salim Bakhresa). Cairo is home to more of Africa's 40 Richest than any other city – with 8 list members. Thirty-two fortunes are self-made; 19 people have net worths higher than a year ago, while 10 have fortunes that dropped in value.
The average age is 63 –up from an average of 61 last year. The minimum net worth required to make the list of richest Africans was $400 million, up from $250 million in 2011.
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