Aliko Dangote, Nigeria’s and Africa’s richest man gained $5.8bn in one day and his total net worth rose to $16.6bn on Tuesday, making him the world’s 64th richest person.
Dangote’s wealth fell from
$10.5bn at the end of last year to a low of $9.63bn on January 1, 2019,
but it grew to $10.8bn on Monday, February 25 as confirmed in a report
by Bloomberg Billionaires Index, a ranking of the world’s 500 richest
people.
However the net worth of Dangote increased by 23 per
cent from $13.5bn on February 26, 2018, to $16.6bn, as he gained $5.8bn
in one day, emerging 64th richest person in the world. While he is the
only Nigerian on the list of 500 billionaires and also retained his
position as Africa’s richest person, it should also be noted that his
wealth rise by 58 per cent so far this year, emerged the second biggest
mover after Andrew Forrest, founder and largest shareholder of Fortescue
Metals Group, the world’s fourth-largest iron ore producer. Forrest’s
wealth has grown by 59 per cent this year.
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