Dangote loses Africa’s Richest Man over $1bn loss

South African billionaire Johan Rupert has reclaimed his position as Africa’s richest man, overtaking Nigerian industrialist Aliko Dangote. According to the Bloomberg Billionaires Index, Rupert’s net worth now stands at $14.3 billion, surpassing Dangote’s $13.4 billion. Rupert, the chairman of Richemont, a global luxury goods conglomerate, has gained $1.87 billion this year, while Dangote has