South Africa’s Johann Rupert Is Africa's Richest Man Africa Ghana Nigeria SouthAfrica
South African businessman Johann Rupert, 73, has overtaken Nigerian business mogul Aliko Dangote as the richest man in Africa, according to Forbes Magazine's Real-time global Billionaires ranking, writesRupert's estimated nett worth is U.S.$12 billion, while Dangote's nett worth is U.S.$10.8 billion.
Dangote's fortunes suffered a significant decline due to the depreciation of the Nigerian naira, which was caused by the Central Bank of Nigeria's decision to auction the U.S. dollar at a lower rate, compared to the official market price.73-year-old South African businessman Johann Rupert has displaced Nigeria's foremost billionaire, Aliko Dangote as the richest man on the continent.
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