Tuesday, March 11, 2008

Aliko Dangote Is The World's Richest Black Man - Worth $3.3 billion

Okay, we're in the news again. Nigeria's own Alhaji Aliko Dangote made the Forbes list of the world's richest people. The Nigerian business mogul has been ranked as the 334th richest person in the world, and Africa's richest man. Dangote is richer than America's chat show host Oprah Winfrey, who has an estimated worth of $2.5 billion.

The only other African to make the list was South Africa's Patrice Motsepe, who is ranked 503 in the world.
The list features 1,125 billionaires, and Dangote's inclusion is a good sign for Nigeria, and indeed, Africa.

On the other hand, Bill Gates fell from first position on the list to third. His friend Warren Buffet is now the world's richest man with $62 billion. The second position is occupied by the mexican communications magnate, Carlos Slim Helu, with a net worth of $60 billion

Some people are of the opinion that Aliko Dangote may be worth more than $3.3 billion, since Forbes' evaluation did not cover non-quoted companies that are privately owned by the businessman. Such investments include Obajana Cement, Dangote Cement, Alheri Engineering, Port Terminal Operations, Transport and Oil & Gas.
Thumbs up for Aliko Dangote.

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