For the 7th year running, President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has been adjudged as the richest man in the continent of Africa with a net worth that Forbes pegged at $12.2 billion. That was an increase of $100 million from a year ago.
Bill Gates maintained his position as the richest man in the world with a net worth of $86 billion, while Warren Buffet and Jeff Bezos were second and third consecutively with a net worth of $75.6 billion and $72.8 billion.
Forbes further stated that “Dangote is looking beyond cement - his most valuable asset - and has been investing in a fertilizer production company and a large oil refinery. Dangote Fertilizer is expected to start operations in the second quarter this year.”
It would be recalled that Dangote was also recently the only African selected among Bloomberg’s world 50 best persons in the year 2017 while names of notable Nigerians were dropped from the billionaires lists, Globacom chairm