Nigeria’s Business Mogul Aliko Dangote Still Remains Africa’s Wealthiest
Aliko Dangote remains Africa’s richest man and the richest black man in the world for nine years in a row, with a net worth of more than the U.S.$10 billion.
The Nigerian businessman’s fortune is primarily built from his company Dangote Cement, although he started his business empire by selling commodities such as sugar, salt, and flour.
Dangote Refinery has been under construction since 2016 and is expected to be one of the world’s largest oil refineries once complete.
Despite his recent dating scandal nonetheless, Dangote remains Africa’s richest man and the richest black man in the world for nine years in a row, with a net worth of more than $10 billion.
Musk, 49, overtook Bill Gates in November 2020, to become the second-richest person in the world.
The news comes as Tesla shares continue to surge in 2021.
Bloomberg’s Billionaires Index, a ranking of the world’s 500 wealthiest people, estimated Musk’s net worth at $181 billion on Wednesday, about $3 billion behind Bezos.
Musk, who was born to a Canadian mother and South African father and raised in Pretoria, responded to the news on Twitter, tweeting “how strange” and that it was time to get “back to work.”
Reported by all africa
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