
Billionaires







Johann Rupert, the luxury merchant from South Africa, became the wealthiest man after ousting Aliko Dangote from the top spot last week with $12bn in net worth.

Aliko Dangote has been displaced as Africa's richest man by South African Johann Rupert on the Forbes billionaire list but retains his top spot Bloomberg Index

Aliko Dangote has lost a vast fortune as Nigeria devalued its currency against the dollar. His net worth is now pegged at $16.8 billion and Rabiu's $5.54bn

Abdulsamad Rabiu is among the Nigerian billionaires that suffered a massive drop in their net worth in dollar terms after the CBN's official naira devaluation.

Aliko Dangote's wealth has plummeted by over N1.4 trillion in hours after the Central Bank of Nigeria announced move to put an end to multiples exchange rates.

The decision of President Bola Tinubu to suspend CBN Governor Godwin Emefiele helped stock investors like Jim Ovia make a whopping N14bn in just a few hours.

Five African countries have emerged with the highest number of dollar millionaires in 2023, with Nigeria ranking in the number 3 position on the continent.

Tony Elumelu and his wife, Awele, have again demonstrated the importance of a shared vision as they made almost N1bn in eight hours from a single investment.

Aliko Dangote has crashed on the Bloomberg Billionaire Ranking, sending him down six places to rank as the 78th richest man in the world from the 72nd position.
Billionaires
Load more