17) Stephen Saad – Net Worth: $2.1 Billion (South African)

Stephen Saad is the founder of Aspen Pharmacare, the largest pharmaceutical company in Africa. His wealth increased by $600 million over the past year due to increase in the company’s stock price. The company has a market capitalization of $11 billion. Saad is the company’s largest shareholder.

16) Patrice Motsepe – Net Worth: $2.1 Billion (South African)

Patrice Motsepe is a self-made billionaire who is the founder and chairman of African Rainbow Minerals. He is South Africa’s first and only black billionaire. He also holds a stake in Sanlam, a publicly traded financial services company.