Nigerian Businessman, Dangote Top Africa’s Billionaires List


President of Dangote Group, Aliko Dangote, has retained his position as the richest man in Africa. His fortune is estimated at U.S.$14.1 billion.

According to Forbes, Dangote ranks number 100 globally with the source of his wealth being cement, salt, sugar and flour manufacturing. He founded and chairs Dangote Cement, Africa’s largest cement manufacturer. He also owns sugar, salt and four milling businesses that are all listed on the Nigerian Stock Exchange.

Also Read: ‘Apapa Road Will Be Completed Soon’ – Dangote

Aliko Dangote recently donated a U.S.$3.5 million building to the Bayero University in Kano.

Dangote makes no secret of his desire to buy English Premier League football club Arsenal.

Dangote is Africa’s richest man for the eighth year in a row. Other Nigerians on the African list are Globacom Chairman Mike Adenuga at position 365 with a net worth of U.S.$5.3 billion aand ranked the fifth richest in Africa and Folorunsho Alakija rated the 15th richest in Africa, with a  fortune currently estimated at U.S.$1.6 billion.


The post Nigerian Businessman, Dangote Top Africa’s Billionaires List appeared first on LATEST NIGERIAN NEWS BREAKING HEADLINES NEWSPAPERS.

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