The richest people in South Africa at the start of 2023

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The richest people in South Africa at the start of 2023
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Johann Rupert remains the wealthiest man in South Africa, while Elon Musk loses gold in the global rankings.

Although Rupert’s net worth has declined since the start of 2022, he added over $3.05 billion to his net worth by the beginning of 2022 – increasing from $6.9 billion in January 2021 to $10.4 billion in January 2022.He is Richemont’s chairman, a Swiss-based luxury goods holding company that owns Cartier, Dunhill, and Mont Blanc, where he also maintains 51% voting power. Richemont’s market cap is R1.

Rupert is currently the second richest person in Africa, with Nigerian business magnate Aliko Dangote first with a net worth of $12.5 billion, according to Forbes.also notes that Dangote is wealthier than Rupert, assigning them a net worth of. His 2023 has not kicked off to a great start either, with his net worth declining by $11.3 billion year to date – the most for a billionaire since the beginning of the year.

The wealthiest person in 2023 is France’s Bernard Arnault, the chairman of LVMH Moet Hennessy Louis Vuitton – the world’s largest luxury goods producer. Arnault’s net worth is estimated atIndia’s Gautam Adani is the third richest person in the world. He is the owner and founder of the Indian multinational conglomerate Adani Group.

Chairman and CEO of Berkshire Hathaway Warren Buffet and Amazon founder Jeff Bezos complete the top five. The rest of the top ten has numerous other tech executives, including former Microsoft executives Bill Gates and Steve Ballmer , Google’s founder Larry Page , and Oracle’s founder Larry Ellison . Indian oil magnate Mukesh Ambani completes the top 10 .

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