Dangote Sees Wealth Grow by $4.3bn in 2019

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Africa richest man, Aliko Dangote has moved up in the world billionaires’ list, emerging the 96th richest person in the world, with an estimated worth of $14.8 billion.

Before the latest ranking was released, the Dangote Group President occupied the 103rd position.

The business mogul, who remains the richest man in Africa for eight-year running, was the only Nigerian on the list of the top 100 billionaires, as released last week by Bloomberg in its yearly billionaires list.

n the latest ranking, Jeff Bezos remains the richest in the world with his $115 billion worth. Bill Gates and Bernard Arnault trailed as second and third respectively with $11.3 billion and $105 billion.  Warren Buffett was the fourth with $89.3 billion on the world billionaires’ chart.

Dangote’s estimated worth in the latest Bloomberg outstripped an earlier ranking by the Forbes Magazine, another elite publication, which estimated his fortune at $10.8 billion in the 2019 Forbes Africa’s Billionaires’ list released in January.

He retained the rank as the richest African for the eight consecutive year in the latter ranking.


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