According to the latest Forbes billionaire ranking, South African billionaire Johann Rupert is now the wealthiest man in Africa.
Forbes reports that Rupert’s wealth swelled by $2 million in the last 24 hours, pushing his total to $12 billion.
He is now ranked 174th richest person in the world, 12 places above Aliko Dangote, who is ranked 186th
According to Forbes, Dangote, now the second richest man in Africa, lost $489 million in the last 24 hours.
Dangote’s total net worth has dropped $11.4 billion as of Monday, August 26, 2024.
In over ten years, Nigerian number one billionaire Dangote has occupied the position of the richest man in Africa.
Forbes also revealed that aside from Dangote, three other Nigerian billionaires listed recorded a drop in their wealth.
According to Forbes, Mike Adenuga, Nigeria’s second wealthiest individual, now holds a net worth of $6.7 billion after a staggering $2.7 million loss in just one day.
Similarly, Abdulsamad Rabiu’s fortune dipped by $193 million, bringing his total wealth to $4.6 billion.
Femi Otedola also suffered the same fate, with his net worth shrinking by $114 million and currently worth $1.3 billion.
In a similar report, TimesNow.com.ng revealed Forbes’s list of the 25 wealthiest men in the world.
The list showed that Elon Musk had been dethroned as the world’s richest billionaire.
This is because he lost a substantial part of his wealth since his $44 billion takeover of Twitter.
Source: TimesNow.com.ng
