Aliko Dangote, Africa’s richest man who founded and chairs Dangote Cement, the continent’s largest cement producer is worth more than American President and business mogul Donald Trump and Celebrity businesswoman Oprah Winfrey reports the Herald.
Nigerian cement tycoon Aliko Dangote remains Africa’s richest person for the sixth year running with a $12.1 billion fortune, despite a nearly $5 billion drop in his net worth for the second year in a row, says Forbes.
Mr Dangote has vast investment interests in cement, sugar, flour and beverages and was the first black man to attain a position among the world’s 25 richest people in 2014.
“In an analysis careful drawn from the Forbes 2017 list, Mr. Dangote who is reputed to be the leader among 40 richest people in both Nigeria and Africa has a net worth of $11.7 billion which is almost twice as much as the recently elected American president’s ($3.7 billion) and Oprah’s ($3 billion)” says the Herald
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