South African billionaire Johann Rupert has regained the title of Africa's richest person, surpassing Nigerian billionaire Aliko Dangote, according to the Bloomberg Billionaires Index . This marks a notable comeback for Rupert, who previously held the title briefly over a year ago .
Rupert, the chairman of Swiss luxury goods conglomerate Richemont, has seen his fortune swell to $13.65 billion, positioning him as the 154th richest person in the world . This places him just ahead of Dangote, whose net worth is estimated at $13.6 billion-a difference of $50 million.
Rupert's wealth surge fueled by RichemontRupert's rise to the top of Africa's wealth rankings can be attributed to the robust performance of Richemont's shares , which have surged by 19.6 percent this year.
Richemont, which houses luxury brands such as Cartier, Chloe, and Van Cleef Arpels, currently boasts a market capitalization of $82 billion.
