South African billionaire Johann Rupert has dethroned Nigerian Aliko Dangote as the richest person in Africa.
Dangote’s lost the top spot after his net worth reduced by $3.8 billion, according to the latest list of the richest people in the world released by Forbes magazine.
Rupert net worth soared to $10 billion in January 2024, per the Forbes list. He is followed by Dangote at $9.7 billion.
The South African billionaire, 73, is the chairman of Compagnie Financiere Richemont, a Swiss luxury goods firm.
Forbes has been tracking the world’s billionaires since 1987.
Here is the list of top ten richest people in Africa:
- Johann Rupert & Family – South Africa, $10.3 billion
- Aliko Dangote – Nigeria, $9.5 billion
- Nicky Oppenheimer & Family – South Africa, $8.3 billion
- Nassef Sawiris – Egypt, $7.4 billion
- Abdulsamad Rabiu – Nigeria, $5.9 billion
- Nathan Kirsh – Eswatini, $5.8 billion
- Issad Rebrab & Family – Algeria, $4.6 billion
- Mohamed Mansour – Egypt, $3.6 billion
- Naguib Sawiris – Egypt, $3.3 billion
- Mike Adenuga – Nigeria, $3.1 billion