Nigeria: Aliko Dangote Now the 64th Richest in the World

Aliko Dangote.
28 February 2019

Africa's richest man, Aliko Dangote has become the 64th richest person in the world.

Dangote who is the President of Dangote Group moved up to the 64th position with an estimated worth of N6,020,820,000 ($16.6 billion),

His move to the 64th position is a significant considering he was previously ranked 103rd in the world.

Dangote who has been named the richest man in Africa for the 8th year running was the only Nigerian on the list of the top 500 billionaires, as released by Bloomberg in its yearly billionaires list.

The number one position is retained by Jeff Bezos with an estimated net worth of N49,327,200,000,000 ($136 billion) while Bill Gates and Warren Buffett ranked second and third respectively with N35,689,680,000,000 ($98.4 billion) and N30,104,100,000,000 ($83 billion) on the list that is dominated by North Americans.

It would be recalled that Dangote, was also recently named as the sixth most charitable man in the world by Richtopia, a digital periodical that covers business, economics, and financial news, based in the United Kingdom.

See What Everyone is Watching

More From: Guardian

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.