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Home » Dangote Bounces Back as Africa’s Richest Man

Dangote Bounces Back as Africa’s Richest Man

Reporter: TOBI ADETUNJI

Peter Oluka by Peter Oluka
January 9, 2024
in News
Reading Time: 1 min read
0
Aliko Dangote of Dangote Industries, net worth

Aliko Dangote, president, Dangote Industries

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After just a week, Nigerian industrialist, Aliko Dangote, has reclaimed his post as the richest person in Africa, overtaking South African Businessman Johann Rupert who pipped him to the position.

According to Forbes Real-Time Billionaires, as of January 8, Dangote’s net worth improved by $10 million to $10.1 billion while Rupert’s net worth as of January 8 was $10 billion, down from $10.7 billion as of January 30, 2023.

Last week, South African business tycoon, Johann Rupert, took over the position from Dangote.

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Dangote, the head of Dangote Group is ranked 191st on the Forbes list, while Rupert is ranked 197th worldwide.

The Nigerian businessman became Nigeria’s first billionaire in 2007.

He reportedly added $9.2 billion to his personal wealth in 2013, according to the Bloomberg Billionaires Index, making him the 30th-richest person in the world at the time and the richest person in Africa.

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Peter Oluka (@peterolukai), editor of Techeconomy, is a multi-award winner practicing Journalist. Peter’s media practice cuts across Media Relations | Marketing| Advertising, other Communications interests. Contact: peter.oluka@techeconomy.ng

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