- Nigeria’s wealthiest man, Aliko Dangote, has lost the number spot as Africa’s richest man on the Forbes list
- Dangote is now placed second behind Johann Rupert, the South African billionaire
- The Nigerian billionaire held the top spot on the Forbes list for more than a decade
Nigeria’s richest man, Aliko Dangote, has been displaced as Africa’s richest man, the position he held for over a decade.
According to Forbes, Dangote’s fortunes plunged by about $3.4 billion in a single day because of Nigeria’s naira devaluation, which slashed the fortunes of most Nigerian billionaires.
