There are 25 billionaires in Africa — here are the 8 countries where the richest people in Africa live

Forbes reports that South Africa is home to the most billionaires on the African continent. Here are where the rest live.

Forbes reports that South Africa is home to the most billionaires in Africa but Egypt is catching up quickly.

There are 7 billionaires from Egypt according to Forbes.

But for now, the South Africa maintains the Africa's largest concentration of billionaire wealth. A total of 8 South Africans billionaires out of the 25 in Africa.

Keep reading to find out the top countries with the most billionaires in Africa, and how many live there.

1.South Africa: 8 billionaires

2. Egypt: 7 billionaires

3. Nigeria: 3 billionaires

3. Morocco: 3 billionaires

Tanzania: 1 billionaire

Swaziland: 1 billionaire

Algeria: 1 billionaire

Angola: 1 billionaire

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