Johann Rupert, a South African businessman, is now the wealthiest person in Africa, overtaking Nigerian tycoon Aliko Dangote. Rupert’s success comes from his investments and positions in luxury goods and investment firms such as Richemont and Remgro. Meanwhile, Dangote’s fortunes have decreased due to the high pricing of his cement in Nigeria, causing his wealth to fall from $13.5 billion to $9.5 billion. Despite their African roots, both businessmen have global ties and their rise and fall reflects the larger narrative of resilience and adaptation in a dynamic global economy.
