Dangote Remain Africa’s Richest With $12.2b Net Worth

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President of Dangote Industries Alhaji Aliko Dangote remains Africa’s richest with a net worth of $12.2billion, according to Forbes.

Bill Gates maintained his position as the richest in the world with a net worth of $86bn, while Warren Buffet and Jeff Bezos were second and third, respectively with net worth of $75.6bn and $72.8bn.

Other Nigerians on the African list are Globacom Chairman Mike Adenuga ($5.3 billion) adjudged the fifth richest in Africa and Mrs Folorunsho Alakija ($1.6 billion) rated the 15th richest in Africa.

Following after Dangote in the African rich list is diamond mining heir Nicky Oppenheimer of South Africa ($7.7 billion) up $700 million last year.

Number two on the list of Africa’s richest people is diamond mining heir, Nicky Oppenheimer of South Africa, with a net worth of $7.7bn, up $700m from last year. Oppenheimer is one of eight South Africans on the list, making it the country with the most billionaires in Africa. Nigeria has three.

Forbes said: “Dangote is looking beyond cement –his most valuable asset – and has been investing in a fertiliser production company and a large oil refinery. Dangote Fertiliser is expected to start operations in the second quarter this year.”

Dangote is also the only African selected among Bloomberg’s world 50 best persons in 2017.

 

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