Forbes List: Dangote Reclaims Richest African Title From South Africa’s Johann Rupert

January 10, 2024
Forbes List: Dangote Reclaims Richest African Title From South Africa's Johann Rupert

In a swift turn of fortune, Aliko Dangote has regained his position as Africa’s wealthiest individual, ousting South Africa’s Johann Rupert from the top spot, as indicated by Forbes Real-Time Billionaires Index.

“Returning to the apex spot feels gratifying. I believe in the potential of African entrepreneurship,” remarked Dangote in response to his recent financial status.

The shift in wealth rankings occurred on January 8, with Dangote’s net worth edging up to $10.1 billion, while Rupert experienced a dip to $10 billion, marking a noticeable decline from his previous $10.7 billion valuation just a month prior.

Forbes currently places Dangote, the helmsman of the Dangote Group, at the 191st position globally, while Rupert, now behind Dangote, sits at 197th on the prestigious list of global billionaires.

emmmmmm
+ posts

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers
Previous Story

Nigerian Banks’ Stocks Surge As Market Capitalization Hits N45trn Mark

Air Peace Expands Regional Network, Begins Abidjan, Cotonou Flights Jan 22
Next Story

Air Peace Expands Regional Network, Begins Abidjan, Cotonou Flights Jan 22

Featured Stories

Latest from Africa

United Capital Strengthens Board to Accelerate African Infrastructure

United Capital Plc has appointed four senior infrastructure investment professionals to the Investment Committee of its ₦150 billion United Capital Infrastructure Fund (UCIF). Prime Business Africa has learned that the  move was to scale infrastructure projects across Nigeria and the wider African

Uganda Polls: Bobi Says Optimistic of Winning Amid Alleged Violence

Ugandan pop star and opposition politician Bobi Wine, whose legal name is Robert Kyagulanyi, has alleged that he has been beaten, tasered, and attacked with teargas and pepper spray while campaigning against long-serving President Yoweri Museveni. Wine, a rising political figure with
NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers
Previous Story

Nigerian Banks’ Stocks Surge As Market Capitalization Hits N45trn Mark

Air Peace Expands Regional Network, Begins Abidjan, Cotonou Flights Jan 22
Next Story

Air Peace Expands Regional Network, Begins Abidjan, Cotonou Flights Jan 22

Don't Miss

Nigeria Needs Leaders With Strong Political Will To Prosper - Ezekwesili

Nigeria Needs Leaders With Strong Political Will To Prosper – Ezekwesili

Chinedu Ezekwesili, the husband of Nigeria’s former Minister of Education,
Investors To Buy N150 billion-worth Of FBN Holdings Stake

CBN, NGX, SEC Fine First Bank, FBN Holdings N25.9 million For Aiding Fraudulent Dealings, Others

First Bank of Nigeria (FBN) Holdings and its subsidiaries were