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African Billionaire Aliko Dangote Makes History As World’s 23rd Richest Man

The president of Dangote Group, Aliko Dangote, has moved 20 spots from his earlier position as the 43rd richest person in the world to being...

The president of Dangote Group, Aliko Dangote, has moved 20 spots from his earlier position as the 43rd richest person in the world to being the 23rd richest man in the world, while also retaining his position as the Man in Africa, according to the Forbes Magazine.

The mogul who has interests in cement, sugar, flour and beverages is now worth $25 billion and is also the first black man to be named among the 25 richest people in the world.


Mike Adenuga, owner of the indigenous telecoms company, Globacom, is next to Dangote on the list with a wealth of $4.6 billion, maintaining 325th position in the world.

Folorunsho Alakija, with $2.5 billion, is 687th in the world and Rabiu ranks 1372nd in the world with $1.2 billion.American billionaire, Gates, has reclaimed the title of world’s richest person from telecom mogul, Helu of Mexico after a four-year hiatus.

Gates has raked in an extra $9 billion in the last one year and has been at the top of the list for 15 of the past 20 years. Spanish clothing retailer, Amancio Ortega, (best known for the Zara fashion chain) retains the number three spot for the second year in a row, extending his lead over Buffett, who is again number four. Dangote has also been named the world’s 68th most powerful person.



Source: Leadership
World's Richest Man 236507823897211293

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