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    Aliko Dangote five steps up on Forbes billionaires list

    Chronicle EditorBy Chronicle EditorMarch 8, 2018No Comments2 Mins Read
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    Dangote rejects claims of substandard refinery petroleum products
    Aliko Dangote, President of Dangote Group
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    Aliko Dangote, President of Dangote Group has a fortune of $14.1 billion

    The Nigerian billionaire Aliko Dangote has jumped five spots to be named the world’s 100th richest person on Forbes’ annual billionaires list.

    Dangote has interests in commodities like cement and sugar in Nigeria and other African countries, including Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia.



    His fortune now stands at $14.1 billion, $8.8 billion more than second placed Nigerian, Mike Adenuga who has interest in telecoms and oil.

    Adenuga’s fortune stands at $5.3 billion while that of the other Nigerian on the list, Folorunsho Alakija stands at $1.5 billion. She is the CEO of Famfa Oil.

    They are the only Nigerians represented in the index.

    READ: Nigeria to audit Dana Air after safety issues

    Other Africans on the list are which also features at least seven South Africans, one Algerian, one Angolan, six Egyptians, two Moroccans, one Swazi, one Tanzanian and one Zimbabwean.

    The richest of the African group is Elon Musk, who was born in South Africa.

    Mr Musk was 50th on the list with a fortune of $19.9bn.

    Just one woman was represented in the group, Isabel Dos Santos, the daughter of Angola’s former president, with a fortune of $2.6bn.

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    PDP accuses Tinubu of indifference over Benue massacre

    Kaduna man who breached Tinubu’s protocol is mentally ill – Police

    June 20, 2025
    Club World Cup: Flamengo stun 10-man Chelsea with second-half comeback

    Club World Cup: Flamengo stun 10-man Chelsea with second-half comeback

    June 20, 2025
    Gunmen kill three in fresh Plateau attack

    Gunmen kill four, burn houses in Osun

    June 20, 2025
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    Atiku, El-Rufai coalition forms new party, applies to INEC for registration

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    CAN condemns killings in Plateau as terrorists kill over 100

    Thirteen killed, homes razed in fresh attacks on Plateau communities

    June 20, 2025
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