Dangote raises $ 6.5 billion and goes up the rankings



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Aliko Dangote, chairman of the Dangote group, has been ranked 64e the richest person in the world after earning $ 6.5 billion.

His $ 6.5-billion fortune now stands at $ 16.5 billion, giving him another head start on his next-in-Africa, the other Nigerian, Mike Adenuga, the low-key boss of Globalcom telecommunication operator.

In the latest ranking of Bloomberg's 500 richest people in the world, Aliko Dangote occupies 64e place with a fortune of $ 16.6 billion.

The ranking shows that Dangote's fortune had fallen from $ 10.5 billion at the end of last year to $ 9.63 billion on January 1, 2019.

The activities of Dangote Cement, which is currently the flagship of its empire, posted strong consolidated performances in 2018. Sales reached the record level of 901.2 billion naira ($ 2.5 billion).

To give even more weight to his empire, Aliko Dangote has diversified its activities in recent years. The Dangote Group is present in the field of food (sugar, salt, flour) and fertilizers for the world of agriculture.

Richest Men: Dangote Raises $ 6.5 Billion and Climbs the Rankings

Aliko Dangote is the only Nigerian on Bloomberg's 500 billionaire list and the business magnate retains his position as Africa's richest man.

Bloomberg's net worth is updated every business day at the close of the New York Stock Exchange, with assets classified as publicly traded companies, private assets (including private enterprises, works of art and real estate). ), cash and other liquid investments and liabilities.

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In the Bloomberg ranking, there are 5 other African including Nicky Oppenheimer ($ 7.05 billion, Johann Rupert ($ 6.92 billion), Nassef Sawiris ($ 6.83 billion), Natie Kirsh ($ 6.10 billion) of dollars) and Naguib Sawiris ($ 5.12 billion).

Recall that it is the boss of Amazon, Jeff Bezos who ranks first in the ranking of the 500 richest people in the world with a fortune estimated at $ 136 billion.

Photo credit: naijanews

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