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South African businessman Johanna Rupert has become Africa’s richest man once more. The last time the South African billionaire was in this position was at the beginning of the year, when he had a net worth of US$10,3 billion to Dangote’s US$9,5 billion.
South Africa’s Johanne Rupert has inched a little higher than Aliko Dangote on Bloomberg’s Billionaire index to become the continent’s richest fellow.
With a current net worth of US$13,6 billion, the South African business mogul is two spots higher than Dangote, who ironically also has a current net worth of US$13,6 billion.
According to Bloomberg’s real-time billionaire index, Johanne Rupert and Family is listed as the world’s 154th richest person, while Dangote is listed in the 156th position.
Another fundamental difference between these two titans is their performances so far.
Dangote’s last change in valuation came in at +US$27 million, while his year-to-date (YTD) change was a staggering -1,53 billion.
For Joahnna Rupert, his last change in valuation came in at +US$134 million, while his year-to-date (YTD) change was a staggering +US$1,21 billion.
Perhaps this is the reason why Johanna Rupert is a few positions higher than Dangote, despite boasting the exact same net worth.
It was reported last week that Dangote, during the year leading up to July 29th, so far has lost over US$1 billion of his net worth. – Business Insider Africa
Bongani Ndlovu
Online Reporter