On August 2nd, 2024, with a net worth of $13.6 billion, matching Dangote's at the time. The two titans were neck-and-neck, with Rupert's recent surge attributed to a $134 million increase in his last valuation, bringing his year-to-date gains to a remarkable $1.
21 billion. In contrast, Dangote's year-to-date valuation had taken a hit, with a significant loss of $1.53 billion, despite a slight $27 million uptick in his last change in valuation.
Currently, Rupert’s last change in valuation came in at -$334M, while his year-to-date (YTD) change is +$875M, making him the 155th richest person in the world according to Bloomberg’s index. For Dangote, his last change in valuation is +$144M and his YTD change is -$1.38B, placing him at the 149th position on the index.
Rupert’s brief reign as Africa’s wealthiest person was notable, especially considering his previous position earlier in the year when his net worth The South African billionaire’s rise was fueled by strong performances across his diversified portfolio, which includes luxury goods company Richemont, known for brands like Cartier and Montblanc. Dangote, on the other hand, Despite the much-anticipated launch of his oil refinery, which was expected to significantly boost his earnings, Dangote has encountered numerous obstacles. The refinery has struggled with operational difficulties, and Dangote even considered ceding control of the multibillion-dollar facility to Nigeria’s state-owned energy corporation, NNPC.
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