Johann Rupert from South Africa has surpassed Aliko Dangote to become the richest person in Africa. According to Bloomberg, Ruperts wealth has grown to $13.65 billion, making him the 154th richest person in the world.Dangotes net worth was $13.6 billion as of Friday, August 2, 2024, about $50 million less than Rupert’s wealth placing the Kano-born business mogul as the 156th richest person in the world.From January to August 2024, Ruperts wealth grew by $1.21 billion. On the other hand, Dangotes wealth dropped by a lot because the Naira lost a lot of value. Ruperts wealth comes mostly from Cie Financire Richemont, which is the worlds biggest luxury watchmaker and a publicly shared company that makes and sells luxury goods.On the other hand, most of Dangotes wealth comes from his 86% share in Dangote Cement, which is sold on the stock market. The post Dangote drops to second as South African Johann Rupert becomes the Richest man in Africa appeared first on Swordpress.com.ng.
Johann Rupert from South Africa has surpassed Aliko Dangote to become the richest person in Africa. According to Bloomberg, Ruperts wealth has grown to $13.65 billion, making him the 154th richest person in the world.Dangotes net worth was $13.6 billion as of Friday, August 2, 2024, about $50 million less than Rupert’s wealth placing the Kano-born business mogul as the 156th richest person in the world.From January to August 2024, Ruperts wealth grew by $1.21 billion. On the other hand, Dangotes wealth dropped by a lot because the Naira lost a lot of value. Ruperts wealth comes mostly from Cie Financire Richemont, which is the worlds biggest luxury watchmaker and a publicly shared company that makes and sells luxury goods.On the other hand, most of Dangotes wealth comes from his 86% share in Dangote Cement, which is sold on the stock market. The post Dangote drops to second as South African Johann Rupert becomes the Richest man in Africa appeared first on Swordpress.com.ng.