Dangote still richest man in Africa, seven years running

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…Bill Gates remains richest in the world

By Nkiruka Nnorom

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has again been named the riches man in Africa by Forbes, a position he has occupied for the seventh time in a row.

Alhaji Aliko Dangote

Dangote clinched the position with a networth of $12.2 billion, an increase of $100 million a year ago.

Bill Gates maintained his position as the richest person in the world with a net worth of $86 billion, while Warren Buffet and Jeff Bezos were second and third with a networth of $75.6 billion and $72.8 billion respectively.

Forbes said: “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.”

It would be recalled that Dangote was…



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