Dangote Now 64th Richest Man in the World

President of Dangote Group, Alhaji Aliko Dangote, has significantly moved up in the world billionaires’ list as he emerged 64th richest person in the world, with an estimated worth of $16.6 billion, as against his previous ranking of 103rd in the world.

Dangote, who remains the richest man in Africa for the eighth year running, was the only Nigerian on the list of the top 500 billionaires alongside other African like Nicky Oppenheimer of South Africa, who was ranked No. 216 with an estimated worth of $7.05 billion; Johann Rupert of South Africa (ranked No. 225 with an estimated worth of $6.92bn); and Natie Kash of South Africa (ranked No. 263 with an estimated worth of $6.10bn). The fifth and last African on the list of 500 HNW individuals was Naguib Sawiris of Egypt, ranked No. 331 with an estimated fortune of $5.12bn., as released last week by Bloomberg in its yearly billionaires list.

Jeff Bezos retains his spot as the World’s richest in with $136 billion in his kitty while Bill Gates and Warren Buffett followed as second and third respectively with $98.4 billion and $83 billion on the world billionaires’ chart, which is dominated by North Americans.

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