Aliko Dangote Emerges As World 64th Richest Man And First In Africa


Alhaji Aliko Dangote has significantly moved up in the world billionaires’ list as he emerged 64th richest person in the world, with an estimated worth of $16.6 billion, as against his previous ranking of 103rd in the world.



Dangote, who remains the richest man in Africa for the 8th year running, was the only Nigerian on the list of the top 500 billionaires, as released by Bloomberg in its yearly billionaires list.


 The index also revealed that Dangote’s net worth increased by 23% from $13.5bn on February 26, 2018, to $16.6bn. 
Jeff Bezos remains the richest in the world with $136 billion, while Bill Gates and Warren Buffett followed as second and third respectively with $98.4 billion and $83 billion.

The net worth of Dangote increased by 23 per cent from $13.5bn on February 26, 2018, to $16.6bn, as he gained $5.8bn in one day, emerging 64th richest person in the world. While he is the only Nigerian on the list of 500 billionaires and also retained his position as Africa’s richest person, it should also be noted that his wealth rise by 58 per cent so far this year, emerged the second biggest mover after Andrew Forrest, founder and largest shareholder of Fortescue Metals Group, the world’s fourth-largest iron ore producer. Forrest’s wealth has grown by 59 per cent this year.
Other Africans on the list include Nicky Oppenheimer of South Africa, who was ranked 216th with a net worth of $7.05bn; Johann Rupert of South Africa (ranked 225th with $6.92bn wealth); Nassef Sawiris of Egypt occupied the 228th position with $6.83bn; Natie Kirsh of South Africa (ranked 263rd with a net worth of $6.10bn) and Naguib Sawiris of Egypt emerged 331st with a fortune of $5.12bn.

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