On Friday, June 16, Forbes Magazine declared South African billionaire, Johann Rupert, ''Africa's richest man,' displacing Nigeria's Aliko
Kindly share this story:
Forbes real-time Global Billionaires Ranking pegged Rupert’s net worth at $12 billion and Dangote’s at $10.8 billion. Dangote’s net worth took a massive dip due to the naira depreciation caused by the Central Bank of Nigeria’s decision to auction the dollar at a relatively lower rate than the official market price.With Johanna’s new status as Africa’s richest man, here are important things to know about him.
2, Rupert studied economics and company law at the University of Stellenbosch but dropped out to pursue a business career. 5, In 1979, he returned to South Africa after a while in the US and established Rand Merchant Bank where he remained CEO until 1984 when the company merged to form RMB Holdings.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Johann Rupert displaces Dangote as Africa's richest man - ForbesSouth African Johann Rupert has displaced Nigerian billionaire businessman Aliko Dangote to become Africa's richest man, Forbes Magazine said. Rupert's
Read more »
Law firm marks ‘June 12’ as Oyetibo, Ewenla, others advocate rule of lawThe lecture was organised by LiberteVie Law Practice, a new firm founded by a former OAU students’ union leader and rights advocate, Olaniran Obele.
Read more »
Sultan declares June 28 Eid al-Adha | TheCableMuhammad Sa’ad Abubakar, Sultan of Sokoto, has declared June 28 as Eid al-Adha
Read more »
Monica Friday speaks on handling rejection - Punch NewspapersActress and content creator, Monica Friday, has said her upbringing in Ajegunle, Lagos, made her develop a strong sense of self-confidence
Read more »
Understanding the value of entrepreneurship programmes in Africa, By Obaloluwa DairoEntrepreneurship education in Africa is unusual. Unlike technical or professional education, there is no standardised development path.
Read more »
West Africa and the metaverse | TheCableImagine the ‘new internet’! If you can comprehend the significant impact the internet has had on the economy, healthcare, education, jobs, science and society, then you are close to imagining
Read more »