For the 12th consecutive year, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group has emerged the richest man in Africa.
This is despite economic headwinds that affected the fortunes of half of the world’s billionaires.
Dangote, whose business flagship, Dangote Cement Plc is the largest producer of cement in Africa, is the only Nigerian in the list of first 200 richest men in the world with an estimated net worth of $14.2 billion, up from last year’s $12.1 billion.
Forbes, in its latest ranking of world billionaires for 2023 reported that falling stocks, wounded unicorns and rising interest rates translated into a down year for the world’s wealthiest people.
Read the complete story here: https://dailytrust.com/forbes-index-dangote-africas-richest-for-12th-consecutive-year/
