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Friday, June 30, 2023

Dangote’s wealth drops by $3.11bn, remain Africa’s richest man


The founder of the Dangote Group, Aliko Dangote, has retained its position as Africa’s richest man in the Bloomberg Billionaires Index.

The Kano State-born businessman was ranked ahead of South African billionaire, Johann Rupert, Nicky Oppenheimer, Nassef Sawiris, Natie Kirsh, and Naguib Sawiris in the continent’s richest list released by the United States-based media organization on Friday.

Dangote is worth $15.6 billion as of Thursday although his wealth has depleted by $3.11 billion in the last six months.

Rupert and his family took second place on Africa’s richest list with a $13.3 billion net worth and a year-to-date increase of $2.51 billion.

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