Business
Forbes: Dangote Emerges Richest Man In Africa For 7th Year
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 chairman, Mike Adenuga, with a net worth of $5.3 billion was adjudged the 5th richest man in Africa and Folorunsho Alakija, also a Nigerian, whose estimated $1.6 billion fortune lies in oil exploration firm was adjudged as the 15th richest person in Africa.
Number two on the list of African richest people is diamond mining heir Nicky Oppenheimer of South Africa, with a net worth of $7.7 billion, up $700 million from last year. Oppenheimer is one of eight South Africans on the list, making it the African country with the most billionaires. Nigeria has just three.
Last year, South Africa and Egypt tied with six billionaires each
Charles Aleke
January 12, 2018 at 9:24 pm
mttcheeeeew
Adedapo Adebisi Adejuwon Barcelona
January 12, 2018 at 7:55 pm
It is either you queue at Bovas for #145/litre or buy at over #200 somewhere else.
This is the state of my nation today!
Proficient Chinedum
January 12, 2018 at 7:36 pm
Is he richer than innoson
Sani Maitakari
January 12, 2018 at 6:15 pm
Hhhhh igbos and envy are biological twins…..
Chuks Nwafor
January 12, 2018 at 2:35 pm
Thiefest black man
Saa Nor DeMan
January 12, 2018 at 1:07 pm
richest man in Africa but Africa is a shithole. he should hide his face in shame.
Prince Gaiser Osagie - Erese
January 12, 2018 at 12:31 pm
Good business Dangote. That’s marvelous in our country. Congratulations!
Chidi Chris
January 12, 2018 at 12:26 pm
With looted fund
DrAfam Chidozie Ndukwe
January 12, 2018 at 12:22 pm
Baddest thief in Nigeria very soon your cup ☕️ will fool Nigerians will come after you
DrAfam Chidozie Ndukwe
January 12, 2018 at 12:21 pm
By Hausa/Fulani packaging him causing Nigerians hunger and frustration
Engr Kasim Abubakar
January 12, 2018 at 12:15 pm
Easterners are selfish.
Oldsodgier Umunnakwe
January 12, 2018 at 1:00 pm
@ kasim Abubarka, and northners are selfgoat
Charles Aleke
January 12, 2018 at 9:26 pm
HE GOAT
Chidi Ebere
January 12, 2018 at 12:08 pm
And biggest thief in the continent.
It'z Marriss Kovnesky
January 12, 2018 at 12:01 pm
with our oil money
Mustapha K Yusuf
January 12, 2018 at 11:57 am
I Am Here To Read A Hate Speech From Jeolous People
Eze Uba
January 12, 2018 at 8:10 pm
Go and learn how to spell correctly before you can comment lolzzz aboki
Kama Adams
January 12, 2018 at 11:48 am
Yessoo…with his government subsidized business. Dangote is a monopolist introduce fair competition and he will disappear from the radar.
Ifeanyiomor Akabudike
January 12, 2018 at 11:35 am
Rubbish, with looted funds?
Onyedikachi Eno
January 12, 2018 at 11:21 am
Why can’t he be the richest man do u know how many innocent people his trucks are killing in daily basis and how much he makes out of the people he kills
Mec Casmir
January 12, 2018 at 11:47 am
Lolz….my brother nah wetin u dey calculate.
Mec Casmir
January 12, 2018 at 11:47 am
Abi he dey collect him own share that side.
Onyedikachi Eno
January 12, 2018 at 12:29 pm
Yes ofcourse nah
Charles Aleke
January 12, 2018 at 9:30 pm
true talk.
Auwal Ibrahim
January 12, 2018 at 11:12 am
Proudly another almajiri and an aboki.
Mack Chanchin'g
January 12, 2018 at 11:01 am
with our oil money
Jesus Jesus
January 12, 2018 at 10:55 am
Why won’t Nigeria be the richest in Africa for 7th year running? I am not surprised.NIGERIA +BIAFRA =DANGOTE.
Calebyte Caleb
January 12, 2018 at 10:39 am
IGBO nation has made this man great.
How many Hausa/Fulani owns a house of their own?
How many of them do buy cement?
How many of them build shops and houses?
Well, that is the prophecy, no man can reverse the blessing.
Congratulations, sir.
Uzoma Benyah
January 12, 2018 at 10:27 am
Nonsense
Onyemaechi Tony
January 12, 2018 at 10:12 am
With all natural resources from Biafraland why wouldn’t he be, he may the world riches man when there refinery is completed with Kachukwu as his new oil mgr & APC cows his contractors
Oliver Onyeanwuna
January 12, 2018 at 10:06 am
Who cares.
Alfazazi Abubakar Dausayi
January 12, 2018 at 10:19 am
ibo how market
Oldsodgier Umunnakwe
January 12, 2018 at 12:53 pm
@ Alfazazi, that is in the land of blind men any one eyed man happened to be a king and you should know that Dangote group is a joint group made up of past leaders from the north. So he was just appointed to manage their looted money. I know you know that