Nigerian business magnate Aliko Dangote has surged back to the summit of the Forbes Real-Time Billionaires list, reclaiming his position as Africa’s wealthiest individual. The resurgence occurred within a remarkably brief timeframe, merely one week after South African tycoon Johann Rupert temporarily overtook Dangote’s coveted rank.
The latest Forbes Real-Time Billionaires ranking, as of January 30, 2023, reveals that Dangote’s net worth has surged by $10 million, reaching an impressive $10.1 billion. On the flip side, Johann Rupert has experienced a dip in his fortunes, with his net worth decreasing from $10.7 billion on January 8 to $10 billion by January 30, 2023.
Dangote, the influential chairman of the Dangote Group, now stands at 191st place on the global Forbes list, while Johann Rupert, after his setback, holds the 197th position. This financial seesaw marks a notable shift in the dynamics of Africa’s wealthiest individuals, underlining the volatility inherent in global wealth standings.