After many years, Dangote is no more the Africa’s richest man as Johann Rupert lead with more than $2b in networths.

Africa’s richest man title has been claimed by South African businessman Johann Rupert($12 billion) surpassing the long-standing champion Aliko Dangote($10.8 billion).

Rupert’s ascent to the top spot signifies a remarkable shift in fortunes. The recent devaluation of the Nigerian naira played a role in recalibrating Dangote’s net worth, ultimately propelling Rupert to claim the coveted number-one position.

Rupert’s wealth primarily emanates from his ownership in Cie Financiere Richemont, a prominent luxury goods manufacturer and retailer, along with strategic investments in Remgro and Reinet.

#Africapitalism

Wow Tinubu don spoil Dangote market. Chaiii with the Dangote refinery, Dangote dey fall flat

he will bounce back immediately production starts fully at his refinery

saintjimos:
he will bounce back immediately production starts fully at his refinery

That's why he was just a cheap fraudster all along.

9jahotblog:
After many years, Dangote is no more the Africa’s richest man as Johann Rupert lead with more than $2b in networths.

Africa’s richest man title has been claimed by South African businessman Johann Rupert($12 billion) surpassing the long-standing champion Aliko Dangote($10.8 billion).

Rupert’s ascent to the top spot signifies a remarkable shift in fortunes. The recent devaluation of the Nigerian naira played a role in recalibrating Dangote’s net worth, ultimately propelling Rupert to claim the coveted number-one position.

Rupert’s wealth primarily emanates from his ownership in Cie Financiere Richemont, a prominent luxury goods manufacturer and retailer, along with strategic investments in Remgro and Reinet.

#Africapitalism

All Nigerians are relatively poor in dollar terms following the unification of exchange rates.

successmatters:


That's why he was just a cheap fraudster all along.

how was he a fraudster, he is a businessman

saintjimos:


how was he a fraudster, he is a businessman

Business of fleecing the poor through government monopolistic approvals.

Result of a rich man in an unhealthy economy .
Just small policy adjustments, , level don chenge

successmatters:


Business of fleecing the poor through government monopolistic approvals.

a business man focus is about how to make gain and still maintain relevant in the market , the govt just happens to favour him because he plays their card well

the govt of Tinubu isn't favourable to him yet, normally if it was Buhari era am not sure that petroleum importation license would have been issued to other people aside Dangote and NNPC

so don't jealous him, he is just a business man

Nah only God knows d nos whr I dey

successmatters:


Business of fleecing the poor through government monopolistic approvals.

And unparalleled access to dollar (Fx) below real market value that no other business man can access.
Such dollars may not be involved in real estate, commerce and production but round tripping. For example access dollar at 300 per naira resell at 500 without adding value to the real economy.

saintjimos:


how was he a fraudster, he is a businessman

Since he is not an IGBO man, Igbo term him as fraudster.

successmatters:


Business of fleecing the poor through government monopolistic approvals.

Trash.
E just dey pain you say. No Biafru can ever reach Dangotes status.

successmatters:


Business of fleecing the poor through government monopolistic approvals.

It is better than making wealth via CRIMES and DRUGS

Suits him right, the man has been ripping Nigerians way too.

Typing:


It is better than making wealth via CRIMES and DRUGS

at least they are following your president's footsteps and they are coming to Aso rock to get updates.... mumu