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Latest Africa’s Richest Man Is A School Drop Out

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South Africa Set To Legitimize S3x Work

 

It is no longer news that Forbes Magazine declared South African billionaire, Johann Rupert, “Africa’s richest man,” on Friday June 16, 2023.

 

With the feat, he displaced Nigeria’s Aliko Dangote, who has held that title for 10 years at a stretch.

 

Interestingly, Dangote could only surrender the title because a tweak in monetary policies at the Central Bank of Nigeria (CBN). When the CBN opted to auction the dollar at a relatively lower rate than the official market price, Dangote’s net worth took a dip.

 

It was gathered that the CBN sold the dollar almost 30 percent cheaper.

 

The declaration saw Forbes real-time Global Billionaires Ranking peg Rupert’s net worth at $12 billion, while Dangote’s stood at $10.8 billion.

 

Find below some salient facts that might interest you about reigning Africa’s richest man.

 

1. He was born into wealth, being the first child of business tycoon Anton Rupert and his wife, Hurberte. He arrived the earth on June 1, 1950, in Stellenbosch, South Africa.

 

2. The 73-year old, dropped out of the University of Stellenbosch, where he was studying Economics and Company Law in quest of a career in business.

 

3. Interestingly, the same university bestowed on him an honorary degree in Economics in 2004. The Nelson Mandela Metropolitan University added a feather to his cap with an honorary doctorate degree in 2008.

 

4. He is married to Gaynor Rupert, with whom he has three children, Anton Ruper Jr., Caroline Rupert, and Hanneli Rupert.

 

5. Upon his return to SA in 1979, he founded the Rand Merchant Bank where he remained CEO until 1984 when the company merged to form RMB Holdings.

 

6. When he left the Rand Merchant Bank, he linked with his father’s cigarette manufacturing company, Rembrandt Group, founded in 1948.

 

7. In 1988, Rupert founded Compagnie Financiere Richemont, a Switzerland-based luxury goods holding company. In the same year, he was appointed Non-Executive Director of Rothmans International plc and was also honoured by the Sunday Times as the “Businessman of the Year.”

 

8. In 1989, Rupert became the vice chairman of his father’s company and was made chairman of the same company, Rembrandt Group Limited, in 1991.

 

9. He became the Non-Executive Chairman of Gold Fields South Africa Ltd in 1997.

 

10. Africa’s richest man, Rupert is a known golf enthusiast. His passion for the game saw him set up the Laureus Sport for Good Foundation in 1990. He has been using the foundation to address social issues through sports and has helped with about 675 projects across the world.

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Music Icon Quincy Jones Passes Away At 91

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Quincy Jones, the legendary music producer, composer, and cultural icon whose career spanned over seven decades, has passed away at the age of 91.

Jones died peacefully on Sunday night at his Bel Air home, surrounded by family, according to his publicist, Arnold Robinson.

“Tonight, with full but broken hearts, we must share the news of our father and brother Quincy Jones’ passing,” his family said in a statement. “And although this is an incredible loss for our family, we celebrate the great life that he lived and know there will never be another like him.”

Renowned for his unmatched versatility, Jones collaborated with some of the greatest musical talents of the 20th and 21st centuries, including Michael Jackson, Frank Sinatra, Aretha Franklin, and Will Smith. He played an integral role in producing Jackson’s groundbreaking albums Off the Wall, Thriller, and Bad, which catapulted the pop star to global superstardom and earned Jones worldwide acclaim.

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Born in Chicago in 1933, Jones’ journey into music began early. His childhood introduction came from a neighbor’s piano playing and his mother’s singing. After moving to Washington state following his parents’ divorce, he honed his skills in his high school band and began playing with a young Ray Charles in Seattle’s vibrant club scene.

Jones’ career took off in New York, where he played trumpet in Elvis Presley’s early TV performances and worked with bebop legends like Charlie Parker and Miles Davis. By 1958, he was working with Frank Sinatra, arranging for the singer’s band at the request of Princess Grace Kelly. Their partnership flourished, spanning several projects including Sinatra’s final album LA Is My Lady in 1984.

Throughout the 1960s and 70s, Jones’ talents extended into film and television scores, composing music for films such as The Italian Job, In the Heat of the Night, and the acclaimed The Color Purple, for which he earned three Oscar nominations. He also scored hit TV shows including The Bill Cosby Show and Roots.

In 1985, Jones produced and co-conducted the charity anthem “We Are the World” alongside Michael Jackson and Lionel Richie, raising millions for Ethiopian famine relief. Despite personal and professional challenges—including surviving a near-fatal brain aneurysm in 1974—Jones’s career continued to thrive.

Jones’ influence wasn’t limited to music. In 1990, he founded Quincy Jones Entertainment, the company behind the popular sitcom The Fresh Prince of Bel-Air, which launched the career of Will Smith. His media ventures also included the creation of Qwest TV, an on-demand music streaming service, and the magazine Vibe, which celebrated Black music and culture.

Over his career, Jones earned 80 Grammy nominations, winning 28—making him one of the most decorated artists in the award’s history. Tributes poured in following news of his death. Actor Michael Caine, who shared Jones’ birthdate, called him “a wonderful and unique human being.” Music artists such as LL Cool J expressed gratitude, saying, “You were a father and example at a time when I truly needed one. Music would not be music without you.”

Jones is survived by his seven children, leaving behind an indelible legacy that will resonate through generations to come. His life’s work transformed music, television, and culture, proving that there truly was no limit to what Quincy Jones could accomplish.

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Prayers Won’t Build Roads, Fund Children’s Education – Jesse Jagz To Nigerians

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Singer and rapper Jesse Jagz has called on Nigerians to rethink their approach to religion.

Jagz suggested that African traditional religious gods have become ineffective, attributing this to the excessive alcohol given to them during rituals, which, according to him, has made them obese, diabetic, and unable to aid their worshipers.

Speaking on the ‘Big Talk’ podcast, the rapper also criticized followers of foreign religions for relying solely on prayer and expecting miracles without putting in the necessary effort. He stressed that prayers alone cannot provide essential social services or infrastructure.

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“When you go to a shrine and you see the priest pouring gin on the gods, Google how much a bottle of gin was in slavery. 40 slaves.

“Our gods are drunk on alcohol and meat. They are obese and diabetic.

“They can’t help us do anything. Prayers do not build roads or buy books for children. We have forgotten humanity,” he said.

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Presidents Invite Me To Dinner Wherever I Go – Davido Boasts

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Renowned Nigerian singer, David Adeleke, known by his stage name Davido, has stated that he receives special treatment globally due to his celebrity status.

The Afrobeats sensation mentioned that he is frequently invited to presidential dinners in nearly every country he visits, with the exception of the United States and the United Kingdom.

In a recent interview with Kiss Fresh London, Davido confidently shared that his fanbase includes influential figures such as the World Bank president, presidents of powerful nations, and other notable personalities.

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“Every country we go to, the President invites us for dinner except London [United Kingdom] and the United States of America.

“It’s beautiful to see. I mean, leaving my country, Nigeria, and people welcoming me like the president in other countries, shows how well Nigeria is doing around the world in terms of music and cultural impacts,” he said.

Davido has expressed that he feels most respected in Africa, which is why he cherishes his African tours more than those in Europe and America, even though the latter bring him greater financial rewards.

He shared that his Jamaican collaborator, YG Marley, was astonished by the immense admiration from fans when he visited Nigeria for the video shoot of their joint hit, ‘Awuke.’

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