Nigerian business magnate, Aliko Dangote, has reclaimed his title as the continent’s wealthiest man on the Bloomberg billionaire index, just days after losing it to South African business powerhouse, Johann Rupert.
Bloomberg reports that Dangote’s immense wealth rises by a whopping $144 million in just 24 hours, bringing his total NetWorth to an astonishing $13.7 billion as of Monday, August 5, 2024.
This staggering increase enabled Dangote to overthrow Rupert, who had briefly snatched the crown over the weekend.
This financial bloodbath has demoted Johann Rupert, who saw his networth decreases in the same 24-hour period to the position of the 155th richest individual globally.
Aliko Dangote’s return as the richest man in the continent as catapulted him up the global rankings, jumping from 156th to 149th on Bloomberg’s index of the richest men in the world.
