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

kwame

October 27, 2017 2:00 PM

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

The number of commas in your net worth is a status symbol, and South Africans have serious bragging rights.

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

kwame

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!