Aliko Dangote Now 64th Richest Man in the World - THISDAYLIVE via thisdaylive
President of Dangote Group, Alhaji 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’s estimated worth in the latest Bloomberg ranking far outstrips an earlier ranking by the 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 eighth consecutive year in the latter ranking.
Africa’s richest man, with his improved worth of $16.6 billion, controls Dangote Industries, a closely held conglomerate. This recognition came after he endowed his foundation, the Aliko Dangote Foundation to the tune of $1.25 billion.
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