Mr Dangote gained $5.8bn within 24 hours as his total net worth rose to $16.6bn.
Bloomberg, in its yearly billionaire’s list, has named the chairman, Dangote Group, Aliko Dangote, as the world’s 23rd billionaire, jumping 39 spots on the scale from his previous 103rd position among the elite club of the world’s richest people.
According to Bloomberg, the index also revealed that his net worth increased by 23 per cent from $13.5bn on February 26, 2018, to $16.6bn, raising his wealth by 58 per cent this year. Other Africans with a representative on the Bloomberg wealth ranking are all from South Africa. Nicky Oppenheimer ranked 216th with a net worth of $7.05bn, luxury tycoon Johann Rupert ranked 225th with $6.92bn wealth, and property and wholesaling mogul Natie Kirsh ranked 263rd, with a net worth of $6.10bn.“Dangote controls Dangote Industries, a closely held conglomerate. The Lagos-based company owns sub-Saharan Africa’s biggest cement producer, Dangote Cement, which had revenue of N805.
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