Aliko Dangote, president of Dangote Group remains the richest man in Africa, despite the volatility of Nigerian currency against the dollar.
Bloomberg in its daily top billionaire lists, released on Tuesday, revealed that Dangote with a wealth of $15.6 billion topped other Africans in the Index.
According to Bloomberg, Dangote, who remains the richest man in Africa for the 12th year running, was the only Nigerian on the list of the top 500 billionaires.
Africa’s richest man, with a net worth of $15.6 billion, controls Dangote Industries, a closely-held conglomerate.
The Lagos, Nigeria-based company owns sub-Saharan Africa’s biggest cement producer, Dangote Cement. It also has interests in sugar, salt, fertiliser and packaged foods. Dangote also recently commissioned the $19 billion petroleum refinery plant, which is now Africa’s largest refinery.
Dangote was also recently named among the topmost charitable man in the World by Richtopia, a digital periodical that covers business, economics, and financial news, based in the United Kingdom.
