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Aliko Dangote Secures Top Spot on Forbes Africa’s Billionaire List

Aliko Dangote

Aliko Dangote Secures Top Spot on Forbes Africa’s Billionaire List

Nigeria’s industrial magnate, Aliko Dangote, has once again secured his position as the wealthiest individual in Africa, as reported by Forbes Real-Time Billionaires.

This comes after a brief hiatus where South African business tycoon Johann Rupert temporarily held the top spot.

As of January 8, the Forbes Real-Time Billionaires data indicates that Dangote’s net worth has experienced a $10 million increase, reaching an impressive $10.1 billion.

In contrast, Johann Rupert’s net worth saw a decline from $10.7 billion on January 30, 2023, to $10 billion on January 8, 2024.

Aliko Dangote, the founder and leader of the Dangote Group, now holds the 191st position on the global Forbes billionaires list, while Johann Rupert is ranked 197th worldwide.

The continuous fluctuations in net worth among these business moguls highlight the dynamic nature of wealth accumulation and economic dynamics within the continent.

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