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South Africa: Johann Rupert Overtakes Dangote As Africa's Richest Man
Leadership, 19 June 2023
73-year-old South African businessman Johann Rupert has displaced Nigeria's foremost billionaire, Aliko Dangote as the richest man on the continent. Read more »
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South Africa: The Tricky Adventures of Richemont, Johann Rupert and Nominative Determinism
Daily Maverick, 22 May 2022
Richemont CEO Johann Rupert says he's more 'Rupert the Realist' than 'Rupert the Bear', often professing caution, warning of dangers and generally being quite pessimistic. Read more »
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Africa: Aliko Dangote Puts Life Into the 'Clay Feet' of the Giant of Africa
Ghanaian Times, 23 May 2023
Fifty years ago, Nigeria used to be justifiably mocked as "Africa's giant with 'clay feet'. Read more »
South Africa’s Johann Rupert Is Africa's Richest Man
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, writes Leadership.
Rupert's estimated nett worth is U.S.$12 billion, while Dangote's nett worth is U.S.$10.8 billion. Rupert's wealth primarily comes from his ownership in Cie Financiere Richemont, a leading luxury goods manufacturer and retailer, as well as strategic investments in Remgro and Reinet.
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.
InFocus
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History was made as President Muhammadu Buhari inaugurated the first indigenous refinery in Nigeria, the U.S.$18.5 billion Dangote Petroleum Refinery, in Ibeju-Lekki, Lagos.< Read more »
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Aliko Dangote remains Africa's richest man and the richest black man in the world for nine years in a row, with a net worth of more than U.S.$10 billion. The Nigerian businessman's ... Read more »
Johann Rupert, Chief Executive Officer of Compagnie Financiere Richemont and the richest African according to Forbes.
