Dangote Is Africa’S Richest For 7th Year In A Row
Alhaji Aliko Dangote remains Africa’s richest with a net worth of $12.2 billion, according to Forbes.
This is an increase of $100 million from his worth last year. Dangote is the continental richest for the seventh year in a row.
Other Nigerians on the African list are Globacom Chairman Mike Adenuga ($5.3 billion) adjudged the fifth richest in Africa and Mrs Folorunsho Alakija ($1.6 billion) rated the 15th richest in Africa.
Following after Dangote in the African rich list is Diamond mining heir Nicky Oppenheimer of South Africa ($7.7 billion) up against $700 million last year.
“Dangote is looking beyond cement –his most valuable asset – and has been investing in a fertiliser production company and a large oil refinery. Dangote Fertiliser is expected to start operations in the second quarter this year.”