President of Dangote Group, 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 last week by Bloomberg in its yearly billionaires list.

Jeff Bezos remains the richest in the world with $136 billion in his kitty while Bill Gates and Warren Buffett followed as 2nd and 3rd respectively with $98.4 billion and $83 billion on the world billionaires chart, which is dominated by North Americans.

Dangote’s estimated worth in the latest Bloomberg ranking far outstrips an earlier ranking by Forbes Magazine, another elite publication which placed his fortune at $10.8bn in the 2019 Forbes Africa’s Billionaires’ list released in January, although he retained the rank as the richest African for the 8th consecutive year in the latter ranking.

There are only five Africans on the Bloomberg list of the world’s top 500 billionaires, with Dangote topping the group. The other four Africans included Nicky Oppenheimer of South Africa, who was ranked No. 216 with an estimated worth of $7.05 billion; Johann Rupert of South Africa (ranked No. 225 with an estimated worth of $6.92bn); and Natie Kash of South Africa (ranked No. 263 with an estimated worth of $6.10bn). The fifth and last African on the list of 500 HNW individuals was Naguib Sawiris of Egypt, ranked No. 331 with an estimated fortune of $5.12bn.

Africa’s richest man, with his improved worth of $16.6 billion, controls Dangote Industries, a closely held conglomerate. The Lagos, Nigeria-based company owns sub-Saharan Africa’s biggest cement producer, Dangote Cement, which had revenue of N805.6 billion naira ($2.4 billion) in 2017. It also has interests in sugar, salt, flour, fertiliser and packaged food.

https://businessday.ng/news/article/aliko-dangote-now-64th-richest-person-in-the-world/

FTC
i want to use this medium to congratulate his excellency Alhaji Muhammadu Buhari on his re-election, he is the true face of intergrity in Africa.
i also want to congratulate dangote for making it this far in the money aspect of life.
As for Atiku the money he spent is not yet enough he should more in court, after all he has enough, let him spend let the economy boom!
Thank you @Abel.

Yoruba own went down, they were almost at the same level before.

He'll double his networth very soon. I pity southerners

With dollar coming down very soon.. He'll move up even better

see my fellow pegans making billions while rotten religious people in Nigeria are broke and are feeding their fake pastors

I need a verified Nigerian Adsense to buy

Dangote is not the richest in Nigeria not to talk of Africa
Even bezos, Warren and gate are actually not the richest people on earth. They are billionaires that we know
There are other silent billionaires we don't know


One thing about money is that it is never enough
Your billions is another man's weekly recharge card


That is why you just need to huzzle your own and don't be intimidated by their wealth because they are actually broke to some people

Donmedra:
Yoruba own went down, they were almost at the same level before.

He'll double his networth very soon. I pity southerners

whats the use? His people are amongst the most poorest ppl in the world living below the poverty line

The benefit of monopoly and govt policy to his favour very soon he will b gunning for the top 10 spot, I wish to meet him in person some days..he his richer than most state combined in Nigeria ..SMH tribal bigot has taken over this thread

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I laugh in Jagaban , am I the only one that considers "Nigerian Billionaire" an "Oxymoron"??

Donmedra:
Yoruba own went down, they were almost at the same level before.

He'll double his networth very soon. I pity southerners

Shame !

No Osu flat head is on the list

Drug money doesn't count

Immaculatesnow:
see my fellow pegans making billions while rotten religious people in Nigeria are broke and are feeding their fake pastors

I need a verified Nigerian Adsense to buy

Who told you dangote is a pegan? He's a Muslim. An alhaji for that matter.

k

Congratulations more to come after you buy Newcastle and complete your refinery

Good. All na Nigeria money

No flat head pig in top 1000...flat no go lyk dis kind news

And they are still the poorest sect in Nigeria

In the poverty capital of the world

I'm next

and some people are hating on hausa peeps

Competing with other top billionaires around the world is actually challenging. I wonder what his net worth would have been if the exchange rate of naira to US dollar is 1:1
https://converteurostodollars.com/naira-to-dollar/

stock exchange o f western countries have fallen....while that of Nigeria has risen.thus the huge rise in dangote's position on the ranking

Some people are wealthy sha

ifex370:
With dollar coming down very soon.. He'll move up even better

So dollar is coming down soon

Next Level. if he had fallen to 200position, some people for no let us hear word tonight

where are those igbo flat head business man,making mouth everywhere dey go

Congratulations to him, a breath of fresh air from a country of so much stench.

he,along with atleast 2 other nigerians will fall back to first 20 position,...














soon as atiku reclaims his God/Nigerians given mandate,..

Paper assets are the key to being this rich.