The Forbes list tracks the wealth of African billionaires who reside or have their primary business in Africa.
Dangote moved down to second position as his net worth dipped from $13.5 billion to $9.5 billion.
Dangote moved down to second position as his net worth dipped from $13.5 billion to $9.5 billion.
South African luxury goods magnate, Johann Rupert, has secured the position of Africa’s richest individual, dethroning Aliko Dangote who held the title for 12 consecutive years.
