South African businessman Johann Rupert has replaced Aliko Dangote as Africa’s richest man. This marks the second time a South African has surpassed the richest black billionaire to become Africa’s wealthiest man.
According to Forbes’ real-time net worth estimates, Dagonte lost the top rank to Johann Rupert in June 2023, after more than a decade. At the moment, Rupert had a real-time net worth of $11.8 billion, while Dangote had $10.8 billion. However, Dangote quickly reclaimed the top spot.
In August 2024, Rupert surpassed Aliko Dangote on Bloomberg’s billionaire index to become Africa’s richest individual.
He has a current net worth of $13.6 billion, which puts him two spots ahead of Dangote, who, coincidentally, has a net worth of $13.6 billion. According to Bloomberg’s real-time billionaire index, Johanne Rupert and Family are the 154th richest people in the world, with Dangote ranking 156th.
“Another important distinction between these two titans is their current performances. Dangote’s last valuation change was +$27 million, while his year-to-date (YTD) change was a startling -1.53 billion. According to Business Insider, Joahnna Rupert’s most recent valuation change was +$134 million, with a year-to-date (YTD) change of +$1.21 billion.
