Alkaloids from the plants of Amaryllidaceae family consists of an unique class of nitrogen-containing compounds showing diverse and significant biological activities, including anticancer and acetylcholinesterase (AChE) inhibitory activities. This review summarizes the research into the isolation, structure elucidation, biological activity, and chemical aspects of the Amaryllidaceae alkaloids over the last two years. In addition, structurally closely related Sceletium alkaloids are also discussed.