Reports have it that there could be another person who has taken over the title of the richest man in Africa from Aliko Dangote. The man’s name is said to be Johann Rupert from South Africa. Could that be true?
It is worth mentioning that the rankings of the wealthiest individuals can fluctuate due to various factors, including changes in stock market valuations, fluctuations in commodity prices, and the overall performance of their respective businesses. Additionally, the wealth of Aliko Dangote & Johann Rupert often extends beyond their publicly disclosed holdings and may involve investments in diverse sectors, real estate, and other assets.
The claim that Johann Rupert has taken over the title of the richest person in Africa could indicate a notable shift in wealth rankings.
To help us determine who is currently richer between Aliko Dangote and Johann Rupert, here is a rundown of them and their wealth over time and current net worths.
Aliko Dangote, Cars & Net Worth
Aliko Dangote is a household name when it comes to billionaires in the world and Africa. He is not only the richest man in Nigeria; his wealth has also placed him on the Forbes list of the world’s richest black men. The height he’s attained has become a great source of inspiration to entrepreneurs in Nigeria, Africa, and across the globe.
Dangote was born in 1957 and grew up in an entrepreneurial household in Kano State, Nigeria. He was raised Muslim and lived an upper-class life. Dangote’s grandfather, Sanusi Dantata, was once named one of the wealthiest people living in Kano. He made his fortune selling commodities like oats and rice. Dantata became Dangote’s guardian in 1965 after the death of his father.
Dangote’s journey to becoming the richest black man started at the age of 21 when he borrowed $3,000 from his uncle to import and sell agricultural commodities in Nigeria. His business venture quickly became a success, and as a result, he managed to repay the entire loan within three months of starting operations.
Dangote is the founder of Dangote Group, a Nigerian multinational industrial conglomerate founded in 1981 as a trading enterprise, importing sugar, cement, rice, fisheries, and other consumer goods for distribution in the Nigerian market.
Aliko Dangote Cars
One interesting thing about Dangote is that he’s not just interested in building a sustainable global company. He’s also committed to his luxury lifestyle, which shows in the billionaire’s vehicles.
Dangote’s cars include:
- Maybach 57S Knight Luxury – ₦364 million
Maybach is known for luxury, and the black rich man has it among his car collections. Maybach 57S has a refined new look and enhanced technical parts. The car rides on 24-inch wheels with the same carbon-finish treatment and black powder wrapped in Pirelli tires sized 285/30R24. White brake callipers contrast the wheels nicely, and an electronic level control drops the model closer to the ground. Lightweight carbon is the source material for the fibre hood, boot lid, and doors.
A new hood, trunk lid, rear diffuser, and rear spoiler. For good measure, the tuner also swapped out the stock engine cover for a carbon-fibre one. It is indeed a good fit for the world’s richest black man.
Apart from his ultra-expensive Maybach 57S Knight Luxury, other cars the billionaire owns include:
- Mercedes-Benz CL65 AMG – ₦73 million
- Bugatti Veyron – ₦728 million
- Bentley Mulsanne – ₦112 million
Aliko Dangote Private Jets & Yacht
Aliko Dangote bought a private aircraft named Bombardier’s Global Express XRS from Montreal, Canada. The jet was delivered to Murtala Muhammad International Airport in Lagos on the celebration of Aliko’s 53rd birthday. It’s reported to cost $45 million, which translates to 16.3 billion naira.
Africa’s richest man, Alhaji Aliko Dangote, sure knows how to live the big life. The President of Dangote Group owns a luxury yacht, which he bought for a mouth-watering $43 million (N13.2 billion)!
Aliko Dangote Net worth
Aliko Dangote has maintained the title of the richest man in Africa over a long period with a huge net worth. However, current reports note that his net worth has devalued to $10.8 billion making him the second richest man.
Johann Rupert, Cars & Net Worth in 2024
Johann Rupert is a notable South African businessman and entrepreneur who was born on June 1, 1950, in Stellenbosch, South Africa. He is the chairman of the Swiss luxury goods firm Compagnie Financiere Richemont. The company is best known for the brands Cartier and Montblanc. The company started in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which was formed by Johann Rupert’s father, Anton, in the 1940s.
Rupert owns 7% of the diversified investment firm Remgro, which he chairs, and 26% of Reinet, an investment holding company based in Luxembourg. Also, the businessman and billionaire has been a vocal opponent of plans to allow fracking in the Karoo, a region of South Africa where he owns land.
In South Africa and across the globe, Johann Rupert is widely recognized for his leadership in the luxury goods industry and his significant contributions to the business world. Aside from his role at Richemont, Rupert also holds influential positions in other companies. Currently, he chairs Remgro Limited, a diversified investment firm in South Africa.
The billionaire South African also owns a substantial stake in Reinet Investments S.C.A., an investment holding company based in Luxembourg. Johann Rupert is known for his business acumen, strategic vision, and dedication to maintaining the high standards and reputation of the luxury brands under his purview.
Johann Rupert’s Current Net worth
Johann Rupert is inching closer to Aliko Dangote, with a net worth of $12 billion. Although it’s been rumoured that he has surpassed Aliko Dangote, reports from June 2023 state otherwise.
Johann Rupert Expensive Vehicles
Johann Rupert owns luxury cars, including a Porsche Carrera GT, Jaguar E-Type, Honda NSX, and a Mercedes-Benz CLK DTM AMG. The multi-million rand car collection is open to the public at the Franschhoek Motor Museum located in the Western Cape.
Johann Rupert also has a significant collection of vintage cars, with over 185 vintage cars sitting in his private museum. Vintage cars typically refer to classic or antique automobiles that are several decades old and hold historical or collector’s value.
Other expensive cars he owns include:
- Ferrari Lusso GT worth over N86 million
- A Porsche Cayenne
- A Rolls Royce
- Toyota SUV’s
- Porsche Carrera GT
- Jaguar E-Type
- Honda NSX
- Mercedes-Benz CLK DTM AMG
Is Johann Rupert Richer Than Aliko Dangote?
According to the real-time data, Dangote, the founder of the Dangote Group conglomerate, moved down to second position after his wealth decreased from $13.5 billion in 2023 to $9.7 billion as of January 4, 2024 — indicating a $3.8 billion loss.
Similarly, Rupert’s net worth decreased from $10.7 billion in 2023 to $10 billion in the same period in 2024. Rupert, a 73-year-old, is the chairman of Compagnie Financiere Richemont, a Swiss luxury goods firm best known for the brands Cartier and Montblanc.
NEW REPORT
Johann Rupert’s net worth has surged by $1.9bn to $14.3bn in August 2024, placing him at 147th position globally, 12 places ahead of Mr Dangote. The Nigerian’s fortune has fallen by $1.7bn (£1.3bn) this year, giving him a net worth of $13.4bn, Bloomberg reports.
Here is a full list of the top ten Forbes billionaires ranking in Africa
- Johann Rupert & family — $10 billion
- Aliko Dangote — $9.7 billion
- 3 Nicky Oppenheimer & family — $8.3 billion
- Nassef Sawiris — $7.3 billion
- Nathan Kirsh — $5.8 billion
- Abdulsamad Rabiu — $5.7 billion
- Issad Rebrab & Family — $4.6 billion
- Mohamed Mansour — $3.6 billion
- Naguib Sawiris — $3.3 billion
- Mike Adenuga — $3.1 billion
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