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Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List (15076 Views)

Femi Otedola’s Net-worth Rises To $1.2 Billion, Rejoins Forbes Billionaire List / South Africa’s Johann Rupert Overtakes Aliko Dangote As Africa’s Richest Man / Meet Uche Ogah, One Of Africa’s Billionaire Philanthropist And Oil Magnate (2) (3) (4)

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Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by God1000(m): 9:00am On Jan 09
Aliko Dangote has reclaimed his position as the richest person in Africa, according to Forbes Real-Time Billionaires.

The ranking, which provides ongoing updates on the net worth and ranking of each individual confirmed to be a billionaire, showed that Dangote’s net worth improved by $10 million to $10.1 billion as of January 8, 2024.

He overtook Johann Rupert, South African luxury goods tycoon and his family. Rupert’s net worth as at January 8 was $10 billion, down from $10.7 billion as at December 30, 2023.

Dangote, who is the CEO of Dangote Group, now ranks 191st globally while Rupert and his family at 197th. The Bloomberg Billionaires Index also ranks Dangote as the richest person in Africa.

According to Bloomberg, the majority of his fortune is derived from his 86 percent stake in publicly traded Dangote Cement. He holds the shares in the company directly and through his conglomerate, Dangote Industries.

https://businessday.ng/news/article/dangote-regains-top-spot-from-rupert-on-forbes-africas-billionaire-list

22 Likes 3 Shares

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by God1000(m): 9:01am On Jan 09
Congrats to him, I knew he would bounce back

Also read this
https://www.nairaland.com/7978703/dangote-gained-5-billion-22

12 Likes 3 Shares

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by INTEGRITYA1(m): 9:14am On Jan 09
Congratulations to Dangote.

Dangote’s net worth improved by $10 million to $10.1 billion as of January 8, 2024.

It's better to join the players in the market in order to enjoy the fruits of the land than to remain as mere spectator and keep complaining no money in Nigeria.

Some will even sit morning till night on Nairaland and be fighting each other.

While some selected few are working on how to keep making fortune.

I Sell Real Estate, either you are in Nigeria or abroad; here you meet reliable Real Estate Consultant.

God Bless Nigeria.

15 Likes 3 Shares

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by salbis(m): 9:14am On Jan 09
Removing government influence, this man would have been an average businessman.

Congratulations to him, though.

Modified: I don't really know why some people are quick to align somebody with certain region or religion when your point doesn't reflect theirs. I'm a full blooded AREWA and it will ever remain as such.
Hold your opinions to yourselves!

18 Likes 5 Shares

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by Jez9(m): 9:14am On Jan 09
Ok
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by PNomsule: 9:15am On Jan 09
...and what exactly did Dangote do to have earned his way back to the top, especially when his refinery is yet to start producing?

21 Likes 1 Share

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by maxiuc(m): 9:16am On Jan 09
Am busy dragging the top with Elon musk I don't do locals

Meanwhile sapa dey slap me Left right and center

3 Likes 1 Share

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by Judolisco(m): 9:16am On Jan 09
If no be him brother buhari... Dangote networth for Don be like 50 billion now.. Wetin concern me sef... Make God provide 4 me 2

4 Likes

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by sukkot: 9:16am On Jan 09
Hmm
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by sofeo(m): 9:16am On Jan 09
Alright
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by bigdammyj: 9:16am On Jan 09
Ok, noted.
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by masterfactor(m): 9:16am On Jan 09
This news go make some people get Bad day, but as seun don talk say make we no dey mention name again, I rest my case grin grin grin

7 Likes 1 Share

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by Marvieduke(f): 9:16am On Jan 09
Money talking.
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by haveMONEY: 9:17am On Jan 09
I dedicate Bezos by blaqbone
"Give me one year I go be like Bezos"
Great jam wink
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by Bubu4Sea: 9:17am On Jan 09
Dangote makes his money with unfair monopoly.

2 Likes

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by loveli2uall: 9:18am On Jan 09
Okaaaaaaay o
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by aieromon(m): 9:18am On Jan 09
Wow, that was fast!

https://www.forbes.com/sites/jemimadenham/2023/06/21/nigerian-cement-tycoon-aliko-dangote-falls-to-africas-second-richest-after-12-years-at-no-1/
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by Princewill1(m): 9:18am On Jan 09
Many doesn't know that Dangote is not even among the top 10 richest in Nigeria. Forget Forbes list, the real richest in Nigeria are underground.

For me Babangida is the richest man in Nigeria right now. Only his $12Billion Oil windfall loot in 1990 alone beat the combine worths of Dangota, Abdul Rabiu and Adenuga. By the way, $12b in 1990 is worth over 29billion dollars in today's money.

The billions of dollars recovered from Abacha loot since 1999 which haven't finished yet. If Abacha is alive today and enjoying in his mansion in Kano, would you have known he is worth that much?

5 Likes

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by JohnAOne: 9:18am On Jan 09
SOME PEOPLE would be sad about this news grin

4 Likes

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by spiSeyi: 9:18am On Jan 09
maxiuc:
Am busy dragging the top with Elon musk I don't do locals

Meanwhile sapa dey slap me Left right and center
First drag am with those in your street and I am sure that Dangote, Elon and co no dey think about this ranking because it's the job of the poor masses to do so grin
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by Vifx: 9:18am On Jan 09
Lol
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by masterfactor(m): 9:19am On Jan 09
Bubu4Sea:
Dangote makes his money with unfair monopoly.

But it because of dangote that some of your brothers are employed today.

1 Like

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by BigDawsNet: 9:19am On Jan 09
Congratulations
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by Yankiss(m): 9:20am On Jan 09
Chasing the big bag. NO joy at all. Dangote should know that whatever his strive he cant be there forever. Abiola was there, Dantata his uncle was there. Tomorrow for sure another person will be there. He should look around him and do more people friendly business. Cement and everything else he monopolizes are beyond the common man's reach.

6 Likes 6 Shares

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by EmekaBlue(m): 9:21am On Jan 09
This man don try for years

All thanks to his super connection with Nigeria helms of leadership
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by masterfactor(m): 9:21am On Jan 09
salbis:
Removing government influence, this man would have been an average businessman.

Congratulations to him, though.

Another hater spotted, you self find way to get you own government influence.

5 Likes

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by InvertedHammer: 9:22am On Jan 09
PNomsule:
...and what exactly did Dangote do to have earned his way back to the top, especially when his refinery is yet to start producing?
/
It is all by valuation which can be both objective and subjective. That's why you can wake up on Wednesday and hear that NSE lost N100billion and the next day, it gains N200 billion. And in all, not a single N1 changed hands.

/

1 Like 1 Share

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by adisabarber(m): 9:22am On Jan 09
Na every week dem dey release ranking?

1 Like

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by Mosba: 9:23am On Jan 09
Refinery never start raining money o. Dangote, the Karuna of 21st century

1 Like

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by Pipefitter: 9:23am On Jan 09
It's an insult to say Dangote is worth 10billion dollars.... Dangote group annual overhead is more than $5B

1 Like

Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by coputa(m): 9:24am On Jan 09
PNomsule:
...and what exactly did Dangote do to have earned his way back to the top, especially when his refinery is yet to start producing?
Dangote is a conglomerates (Dangote group)
Re: Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List by EdiskyHarry: 9:24am On Jan 09
This man grin

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