Forbes has ranked the 50 richest people in Africa in 2015 – and 16 South Africans have made the list, supplanting Nigeria which dominated in 2014.
According to Forbes, one-third of Africa’s richest business leaders live in South Africa, including six of Africa’s 23 billionaires.
However, a tough economic market, as well as the weakness of the rand versus the US dollar, means that the fortunes of the country’s richest have shrunk over the past year.
The 16 South Africans ranked by Forbes have a combined net worth of $28.45 billion (R402.7 billion), led by Nicky Oppenheimer, with $6.66 billion (R94.3 billion).
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