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Aliko Dangote Reclaims His Throne As Africa’s Richest Man

Posted by Gistsnaija. on 6 August, 2024 | under News
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Aliko Dangote, Nigerian business magnate, has regained his position as the wealthiest person in Africa on the Bloomberg billionaire index, surpassing South African entrepreneur Johann Rupert.

Dangote’s net worth soared by $144 million in just 24 hours, reaching an impressive $13.7 billion as of August 5, 2024.

This significant increase propelled him from 156th to 149th on the global ranking of billionaires, solidifying his status as Africa’s richest individual. Conversely, Rupert’s net worth decreased, relegating him to the 155th position globally.

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Dangote’s business empire, encompassing industries such as cement, sugar, and oil refining, continues to drive his remarkable wealth and influence.