Dangote Reclaims Top Position on Forbes as Africa’s Richest Person

Nigerian businessman and philanthropist, Aliko Dangote, has reclaimed his position as the richest person in Africa, according to Forbes Real-Time Billionaires.

Last week, South African business tycoon, Johann Ruper, took over the position from Dangote as African richest.

According to the ranking 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.

Dangote, who is the head of Dangote Group, is ranked 191st on the Forbes list of rich people, 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.

As of June 2022, he was the wealthiest person in Africa, with an estimated net worth of US$20 billion.