Nigerian billionaire Aliko Dangote has lost his long-held position as Africaâs richest man to South African billionaire Johann Rupert.
New data from Forbes revealed that on Friday, January 31, the gap between Dangote and Rupertâs net worth increased to $4 billion.
This happened as the South African billionaire’s net worth rose to a staggering $14.1 billion, from $250 million.
The chairman of a luxury goods conglomerate’s net worth is now at its highest level ever and has further strengthened his position at the top of Africaâs wealth rankings.
Rupert is now the only African among the worldâs 200 richest individuals, ranking 164th.
On the other hand, Aliko Dangote now ranks as the second richest man in Africa, with a net worth of $10.8 billion, according to Forbes.
Forbes also reported that the Nigerian billionaireâs net worth rose by $11 million on Friday, placing him at 233rd on the global rankings.
There are other notable African billionaires in the Forbes billionaire index. They include:
Nicky Oppenheimer is currently the third richest man in Africa, with a net worth of $9.5 billion, ranking 274th in the world. The South African billionaire’s wealth comes from diamonds.
Nassef Sawiris, an Egyptian billionaire, has a net worth of $8 billion, derived from construction and various investments. As of Friday, January 31, he is the fourth richest man in Africa and the 320th richest in the world.
Nigerian telecom and oil mogul Mike Adenuga has a net worth of $6.8 billion, making him the fifth richest man in Africa and the 476th globally.
Another Nigerian billionaire on the list, Abdulsamad Rabiu, is the sixth richest man in Africa and ranks 727th in the world. The BUA Group chairman has a net worth of $4.6 billion.
Naguib Sawiris, a telecom billionaire, is part of Egypt’s wealthiest familyâhis brother, Nassef, is also a billionaire. With a net worth of $3.8 billion, he is the seventh richest man in Africa and ranks 906th in the world.
Other African billionaires’ net worth
TimesNow.com.ng reports that the net wealth of Nigerian-American billionaire Adebayo Ogunlesi increased from $1.7 billion on January 15 to $2.3 billion.
The astonishing increase in his wealth is due to his investment portfolio, which is worth over $1.8 billion.
The addition of Ogunlesi to the OpenAI board enhances his reputation as a visionary leader with a strong track record.
Proofreading by Nkem Ikeke, journalist and copy editor at TimesNow.com.ng.
Source: TimesNow.com.ng
