Aliko Dangote, the President of Dangote Group, has maintained his status as the richest person in Africa, despite the fluctuation of the Nigerian currency against the dollar, as reported by the Bloomberg Billionaires Index.
Dangote’s wealth was evaluated at an impressive $15.6 billion in the recently published daily list of top billionaires on Tuesday, positioning him at the forefront of African billionaires on the Index.
Leading the global rankings are Ellon Musk and Bernard Arnault, holding the first and second positions as the richest individuals in the world, with fortunes amounting to $219 billion and $194 billion respectively. Jeff Bezos follows in third place with $151 billion, succeeded by Microsoft CEO Bill Gates with $130 billion, while Larry Ellison ranks fifth with a net worth of $130 billion.
Despite the instability of the Nigerian currency, Dangote’s consistent ranking as Africa’s wealthiest person reflects his successful business ventures and investments across various sectors.
Among the most recent list of the world’s top 500 billionaires for the year 2023, only five other Africans have been included. This group consists of South Africans Johann Rupert and his family, with a combined net worth of $13.3 billion, Nicky Oppenheimer, Nassef Sawiris, Natie Kirsh, and Naguib Sawiris, with respective fortunes of $9.0 billion, $7.47 billion, $7.37 billion, and $5.93 billion.
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