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.

Emmanuel Ochayi

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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.

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