There were, and are, quite a few 16 bit systems on S-100. It is still alive (and well!) today, with new boards being designed, including PDP-11s, 486s, and more. Take a look here.
The original Altair had 8 data in pins and 8 data out pins. For the S100 / IEEE-696 standard they allowed the processor and peripheral board to agree to use these 16 pins as a bidirectional 16 bit data bus instead. In addition, some spare pins were redefined to extend the address bus to 24 bits.