Africa’s richest man, Aliko Dangote, who founded and
chairs Dangote Cement, the continent’s largest cement producer is worth more
than American President and
business mogul Donald Trump and Celebrity businesswoman
Oprah Winfrey.
Mr Dangote, who has vast investment interests in
cement, sugar, flour and beverages was the first black man to attain a position
among the world’s 25 richest people in 2014.
In an analysis careful drawn from the Forbes 2017
list, Mr. Dangote who is reputed to be the leader among 40 richest people in
both Nigeria and Africa has a net worth of $11.7 billion which is almost twice
as much as the recently elected American president’s ($3.7 billion) and Oprah’s
($3 billion).
However, it could be said that his net worth could
have been much higher but for the recent drop in fortune that has seen him drop
down on the list to 115th with a current net worth of $11.7 billion.
Despite a nearly $5 billion drop in his net worth for
the second year in a row, the Nigerian cement tycoon remains the richest person
in Africa for the sixth year running. He has an estimated net worth of $12.1
billion.
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