Aliko Dangote Reclaims Title as Africa's Richest Person

Aliko Dangote Reclaims Title as Africa’s Richest Person, Overtaking Johann Rupert

Nigerian billionaire Aliko Dangote has reclaimed his title as the richest person in Africa, surpassing South African business mogul Johann Rupert, according to the latest rankings by Forbes Real-Time Billionaires.

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Forbes Daily, which closely monitors daily changes in the net worth of billionaires globally, reported that Dangote’s wealth surged from $9.5 billion to $10.4 billion, equivalent to approximately TZS 26.04 trillion, as of January 8, 2024. Meanwhile, Rupert’s net worth declined to $10 billion (TZS 25.03 trillion) from a previous TZS 26.8 trillion.

Dangote now ranks 191st among the world’s richest, with a significant portion of his fortune stemming from his 86% stake in Dangote Cement.

The updated list of Africa’s wealthiest includes: