Business mogul and President of the Dangote Group, Alhaji Aliko Dangote maintained his position as Africa richest according a list of world richest released by the Forbes magazine yesterday.
In the world ranking, Dangote occupies the 43rd position with a net worth of $16.1 billion. The nearest to him in Africa is Johann Rupert and Family of South Africa with an estimated net worth of $6.6 billion.
Nigeria's telecoms magnate, Mike Adenuga ranks 267 with a net worth of $4.7bn in the world ranking but fifth in Africa.
Carlos Slim is once again the world's richest person, followed by Bill Gates, owner of Microsoft. Amancio Ortega of Spanish retailer Zara moves up to No. 3 for the first time. He is the year's biggest gainer, adding $19.5 billion to his fortune in one year. He moves ahead of Warren Buffett, despite the fact that the US investing legend added $9.5 billion to his fortune.
This is the first year since 2000 that Buffett has not been among the top 3. The year's biggest loser is Brazilian Eike Batista, whose fortune dropped by $19.4 billion, or equivalent to about $50 million a day. His rank falls from no. 7 to no. 100 in the world.
According to the accompanying note to the list by Forbes editor, the new listing has yet again reached all-time highs.
The 2013 Forbes Billionaires list now boasts 1,426 names, with an aggregate net worth of $5.4 trillion, up from $4.6 trillion. "We found 210 new ten-figure fortunes. Once again the U.S. leads the list with 442 billionaires, followed by Asia-Pacific (386), Europe (366), the Americas (129) and the Middle East & Africa (103)," it said.