Nigerian businessman Aliko Dangote has regained his title as Africa's richest individual, according to the most recent Bloomberg Billionaires Index.

Dangote's net worth has risen to $13.7 billion, surpassing South Africa's Johann Rupert & family, who have a net worth of $13.3 billion.

Earlier, reports had suggested that Johann Rupert had overtaken Dangote, with Rupert's net worth reaching $13.6 billion. However, recent updates have restored Dangote to the top spot.

The Bloomberg Billionaire Index ranks Johann Rupert as the 155th richest person in the world, while Dangote holds the 149th position.

Dangote’s latest valuation change was an increase of $144 million, though his year-to-date (YTD) change shows a significant decrease of $1.38 billion. In contrast, Johann Rupert’s recent valuation decreased by $334 million, with a YTD increase of $875 million.

Despite facing operational challenges with his new oil refinery and ongoing economic unrest in Nigeria, Dangote has managed to preserve his wealth. The refinery has faced numerous difficulties, prompting Dangote to consider transferring control to Nigeria's state-owned energy company, NNPC.

Recent fluctuations saw Dangote's net worth dip from $13.8 billion to $13.6 billion between July 29th and August 2nd, while Rupert’s fortune rose from $13.4 billion to $13.6 billion. With the latest figures, Dangote has reclaimed the lead over Rupert.

Other notable Africans on the list include South Africans Nicky Oppenheimer with $10.9 billion and Natie Kirsh with $8.74 billion, as well as Egyptians Nassef Sawiris with $8.63 billion and Naguib Sawiris with $6.94 billion.