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According to the latest update of the Bloomberg index, Nigerian Aliko Dangote is 6 positions above South African Johann Rupert.
Nigerian Aliko Dangote has regained the title of Africa’s richest man, just days after losing it to South African Johann Rupert, according to Bloomberg’s real-time billionaire index.
Released on Monday, August 5, the statistics show that Aliko Dangote’s net worth is set at $13.7 billion, higher than the $13.3 billion of South African Johann Rupert, who owns the luxury goods company Richemont, known for brands such as Cartier and Montblanc.
According to Business Insider, Johann Rupert had climbed to the top of the richest rankings in Africa last Friday, August 2, with a net worth of $13.6 billion, equal to that of Dangote.
“The two titans were side by side, with Rupert’s recent rise attributed to a $134 million increase in his latest valuation, bringing his year-to-date gains to a remarkable $1.21 billion,” the news reads.
However, the latest change in Rupert’s valuation was -$334 million, while his year-to-date (YTD) variation is +$875 million, making him the 155th richest person in the world, according to the Bloomberg index.
In contrast, Dangote’s year-to-date valuation was hit with a significant loss of $1.53 billion, despite a slight increase of $27 million in his latest valuation change.
According to the Bloomberg index, Dangote’s latest valuation change is +$144 million, and his year-to-date variation is -$1.38 billion, placing him at the 149th position on the index.
