Africa: South Africa’s Johan Rupert Overtakes Dangote As Africa’s Richest Man
[ad_1] South Africa's luxury goods tycoon Johann Rupert has become Africa's top billionaires, overtaking Nigeria's Aliko Dangote, who has lost the prime spot. The 74-year-old controls the world's largest luxury watchmaker, Cie Financiere Richemont, through a family trust, with the Bellevue-based company owning renowned brands like Jaeger-LeCoultre and Cartier. According to the latest data from the Bloomberg Billionaires Index, Rupert's net worth has increased to $14.3 billion, surpassing that of Dangote, whose fortune has decreased to $13.4 billion. Dangote, the […]