Africa now boasts another billionaire who, according to Bloomberg’s index, has surpassed the $20 billion mark. South African businessman Johann Rupert, as of the 16th of June, 2026, is worth $20.2 billion.

Yesterday, it was reported that the South African billionaire was closer than ever to entering the elite club of high-net-worth individuals valued at $20 billion with a fortune of $19.9 billion.

Today, he surpassed the mark, becoming the world’s 136th richest person with a net worth of $20.2 billion.

Compared to 24 hours ago, when he was up $427 million in the most recent trading session and $463 million year to date (YTD), he now has a YTD of +$724 million and a change in valuation of an additional +$261 million.

The current development places Johann Rupert at the position of Africa's second-richest individual behind Aliko Dangote, who currently boasts a net worth of $36.6 billion.