Africa’s Richest Man, Dangote Makes Bloomberg Billionaires’ List With $17.8 Billion

Africa’s richest man, Aliko Dangote is the only Nigerian in Bloomberg’s yearly top billionaires’ list after his wealth significantly moved up to $17.8 billion.

Dangote, who remains the richest man in Africa for the 8th year running, was the only Nigerian on the list of the top 120 billionaires, as released on Monday by Bloomberg in its yearly billionaires’ list.

Dangote was ranked 117 in the latest Bloomberg Billionaires Index as his fortune increased to $17.8 billion as against last year’s $14.8 billion.

Other Africans on the billionaires lists are three South Africans. They are Johann Rupert and family, worth $10.1 billion; Nicky Oppenheimer with a worth of $7.80 billion and Natie Kirsh who is reputed to worth $7.15 billion.

Nassef Sawiris from Egypt is also among African billionaires with a worth of $6.93 billion.

Ellon Musk and jeff Bezos are the richest in the world with $194 billion in their respective kitty while Bernard Arnault and Bill Gates followed respectively with $174 billion and $148 billion.

Mark Zuckerberg was the fifth richest with $135 billion on the world’s billionaires chart.

Other Nigerian billionaires like Mike Adenuga and Abdulsamad Rabiu were missing on the list as their net worth fell short of American billionaire Buba Cathy, who placed 500th with a net worth of $5.83bn as estimated by Bloomberg.

The Bloomberg Billionaires Index is a daily ranking of the world’s richest people.

KanyiDaily recalls that Dangote recently empowered a total of 16,000 women in all the 16 local governments area of Kwara State with N160 million.