Posted by Fashade Adewale.
on 10 January, 2024 underneath Naija News
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According to Forbes and Bloomberg, Nigerian billionaire Aliko Dangote has as soon as once more develop into the wealthiest particular person in Africa, overtaking South Africa’s Johann Rupert.
Dangote’s web value rose by $10 billion to $10.1 billion as of January 8, 2024, in accordance with the Forbes Daily billionaires rating, which tracks every day modifications within the wealth of the world’s richest people.
This enhance allowed Dangote to surpass the wealth of South African luxurious items entrepreneur Johann Rupert’s household.
As of the most recent replace, Rupert’s web value stands at $10 billion, a decline from $10.7 billion recorded on January 30, 2023. On the Forbes listing, Rupert presently ranks 197th globally, whereas Dangote holds the 191st spot.
However, in accordance with the Bloomberg Billionaire Index, Dangote retains the title of the wealthiest particular person in Africa.
Dangote’s important wealth largely comes from his 86 p.c stake in publicly traded Dangote Cement, as famous by Bloomberg.
His conglomerate, Dangote Industries, holds each direct and oblique possession within the company, contributing considerably to his total wealth.
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