Nigerians would be proud that the chairman and CEO of the Dangote Group still holds the top spot as the richest man of African descent. A position he has held for the past six years in a row.

Isabel dos Santos from Angola (currently number eight on the list) and Folorunsho Alakija from Nigeria are still the only two female billionaires to make the list with fortunes estimated at $3.2 B and $1.61 B respectively.

The Tanzanian Mohammed Dewji ranked number 16 who is 42 years with net wealth of $1.4 B remains the youngest billionaire in Africa.

Below is the top ten richest Africans.

1. Aliko Dangote, Nigerian

Age: 60 years

Net worth $12.5 B

Source of wealth: sugar, flour, food processing, cement and freight 

2. Nicholas F. Oppenheimer, South African

Age: 72 years

Net worth $7 B

Source of wealth: Diamond

3. Michael Adeniyi Adenuga, Nigerian

Age: 64 years

Net worth $5.8 B

Source of wealth: Telecom, oil.

4. Johann Rupert, South African

Age: 67 years

Net worth $5.5 B

Source of wealth: Luxury Goods

5. Christoffel Wiese, South African

Age: 76 years

Net worth $5.5 B

Source of wealth: Retail

6. Nassef Sawiris, Egyptian

Age: 56 years

Net worth $5.3 B

Source of wealth: Construction, Chemicals

7. Naguib Sawiris, Egyptian

Age: 63 years

Net worth $3.7 B

Source of wealth: Telecom

8. Isabel dos Santos, Angolan

Age: 44 years

Net worth $3.2 B

Source of wealth: Investments

9. Issad Rebrab, Algerian

Age: 73 years

Net worth $3.1 B

Source of wealth: Food

10. Mohamed Mansour

Age: 69 years

Net worth $2.7 B

Source of wealth: Diversified