NewStats: 3,262,347 , 8,176,894 topics. Date: Sunday, 01 June 2025 at 10:13 PM 4o2x46

South Africa’s Johann Rupert Overtakes Aliko Dangote As Africa’s Richest Man
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Forbes Real-time Global Billionaires List has placed Aliko Dangote on number 172 with a net worth of $10.7 billion behind South Africa’s Johann Rupert & Family who is ranked 145 with net worth of $12 billion.

This means that South Africa’s Johann Rupert has displaced billionaire businessman Aliko Dangote to become Africa’s richest man.
There is always an end to any story.

Forbes Real-time Global Billionaires List has placed Aliko Dangote on number 172 with a net worth of $10.7 billion behind South Africa’s Johann Rupert & Family who is ranked 145 with net worth of $12 billion.

This means that South Africa’s Johann Rupert has displaced billionaire businessman Aliko Dangote to become Africa’s richest man.
Aliko Dangote’s dislodgement from the number one position in Africa’s Billionaires Ranking may not be unconnected with the recent foreign exchange rates unification being implemented by the Central Bank of Nigeria (CBN), analysts say.

There have been reports in the media of how Dangote lost $4.12 billion since the CBN decided to float the Naira against the US dollar and other currencies, a development that might have contributed to Dangote’s drop from the list of top 100 richest people in the world, and number one in Africa.

“Aliko Dangote’s wealth has decreased by $4.12 billion since the liberalisation of the naira and the unification of exchange rates by CBN,” a report by Nairametrics was quoted to have said.

The floating of the Naira affects the valuation of Dangote’s assets, including Dangote Cement, Dangote Sugar, and Bascom Allied Industries.

On Sunday, June 18, 2023, Forbes Real-time Billionaires List ranked South Africa’s Johann Rupert & Family as number 145 in the world with net worth of $12 billion dealing on luxury goods, while it listed Aliko Dangote on number 172 and worth $10.7 billion, dealing on cement and sugar.

As a result of this, Forbes and Bloomberg had to recalculate the fortunes of all Nigerian billionaires leading to significant drops in the wealth of Dangote, Abdul Samad Rabiu, founder of BUA Cement, and Mike Adenuga, Chairman of Globacom telecommunications Limited.

However, it is generally believed that the expected commencement of petroleum products refining at the $20 billion Dangote Petrochemical and Refinery commissioned last month, Aliko Dangote may bounce back to number one position in Africa as the richest man.

https://tribuneonlineng.com/south-africas-johann-rupert-overtakes-aliko-dangote-as-africas-richest-man/

Watch my nigg Liko bounce back once his Eleko Refinery starts operations in July.

So Dangote Na ti lule . Chaiii Tinubu body odour don affect Dangote too

A white man? I swear African “men” no get shame.

Does he get anything extra for being number 1?

A South African.

BloomingDale:
A white man?

Timoleon:
A South African.

You even have the guts to reply me. Please cover your face in shame and don’t reply me back.

Congratulations Dangote

Is that what you tell your father everyday? Such a useless man.

BloomingDale:


You even have the guts to reply me. Please cover your face in shame and don’t reply me back.

BloomingDale:
A white man? I swear African “men” no get shame.

The whites control the Diamond and Gold Mines

BloomingDale:


Calling the mod to put your shame as an African to the front page for the whole world to laugh at you.

stop displaying your ignorance here. Is it not true niiii

TemplarLandry:
Watch my nigg Liko bounce back once his Eleko Refinery starts operations in July.

bounce back for which place. Bua refinery will come on upstream by 2024. Dangote refinery will be forgotten joor

BloomingDale:


You even have the guts to reply me. Please cover your face in shame and don’t reply me back.

Stop being intolerant!

If Black South Africans are happy having white South Africans share their country, why should a Nigerian be complaining?

Mind you, those folks in North Africa are not black and are still considered Africans. So, not all Africans are black!

With only $1.3billion

9jahotblog:
So Dangote Na ti lule . Chaiii Tinubu body odour don affect Dangote too

Everything about Nigeria is actually losing values, including the name, please help us God, nothing is impossible. The future seems dark.

Raylight2:
With only $1.3billion

Na $1.3B you dey call only??

You get mind oh.

BloomingDale:
A white man? I swear African “men” no get shame.

Racist! 🙄

24SEVEN:


Na $1.3B you dey call only??

You get mind oh.

Na ordinary paper naw

No champion lasts forever except God

Buhari and his stupid policies with his boy Emefiele cost Dangote.

I swear eh if I reach there I no go ever come down

Cement Baron

Renewed Hopelessness




Everybody go feel am... 😅

This news does not in any way erase the fact that Dangote still remains a very wealth man by any standard!

Knowledge is Power
Power is Transient
Life is Transitional

Nothing lasts forever

Dangote will definitely bounce back stronger...

Fortune109:
Dangote will definitely bounce back stronger...

Dangote that's using government money and banks unpaid loans...

Thanks to deregulation of Naira

Africa