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Africa's Richest Man Aliko Dangote Ranked 74th In The Whole World

Africa's Richest Man Aliko Dangote Ranked 74th In The Whole World

African richest man, Aliko Dangote has been ranked 74th on the Bloomberg Billionaires Index, a list that tracks the fortunes of the world’s 500 richest people.

Indian billionaire Gautam Adani emerged as the world’s second-richest man ahead of Amazon Founder Jeff Bezos.

Dangote, whose net worth has declined by $275 million since the start of the year, dropped out of the top 80 richest billionaires list more than a week ago, as his wealth fell below the $19-billion mark for the first time since Sept. 29, 2021.

After falling out about a week ago, the billionaire, who derives the majority of his fortune from his 86-per cent stake in Dangote Cement Plc, Africa’s largest cement maker, is now ranked 74th on the Bloomberg Billionaires Index.

Dangote is now the richest Black man in the world.

His re-entry into the top 80 billionaires list was aided by the decline in the net worth of Indonesian billionaire Michael Hartono, Russian billionaire Alisher Usmanov, and Thomas Frist, a U.S. physician and businessman who is the wealthiest person in Tennessee, a landlocked state in the southeastern United States.

Dangote’s net worth has fallen from $19.1 billion at the beginning of the year to $18.8 billion, according to Billionaires Africa, and this equates to a $257-million loss in wealth for the billionaire businessman since the year began.

The drop in his net worth, which began on May 13 when he became the world’s 61st richest man after his net worth surpassed $21 billion for the first time since 2014, can be attributed to a drop in the shares of his publicly traded cement company, Dangote Cement.

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16 Comments

Blessed 1 week ago

Ane uswa uyu


Citizen raPep naChamisa 1 week ago

Haa chinoita kuty Africa itambure haasi masanctions kana varungu,but mapolitician edu nekahunhu kedu kekuda mbiri for everything .
2 Billion dollars can build a city but Nigeria is rotting in poverty iyo ine maBillionaire soo .India is another example.Nigeria and Mozambique have mareserves eOil irikutotsvagwawo neEurope right now neziso dzvuku asi 1 man will see it as a chance to be ranked a Billionaire .
Anyways munhu ngaaite zvaanoda nemari yake


Citizen raPep naChamisa 1 week ago

Gaya shaa @Serpent ,Idzo dziBillionaire dzekuIndia dzakavaka imba ine 10 stories necar park,mall mukaty pakati peghetto rake .uchingobuda durawall rake unotambirwa ne**** (Mbare like environment )wotadzawo kana kuisa tara zvayo ahh😂😂🙌🙌,ini ndaitoty ndikabata Billion ndovaka City kure neHarare kana kuGweru uko bcoz The only way to decongest Harare and make other 10 provinces productive is to Invest there,kana kutosponsor bhora remuno wotovaka stadium svinu neclub svinu asi vamwe kungounganidza mari vamwe vachikwangwaya nekudhurisa futy mabundle acho munyika yako😂
Uyo anonzi @mmt anorotomoka zvekuty vote for Strive anoda mboma

dambu 1 week ago

true

The King of Serpents 1 week ago

Taura hako iwe. Even the food that is produced in the whole world can feed everyone, but politics ndiyo inokonzeresa kuti vamwe vadye, vamwe vafe nenzara.

Rtgs Billionaire 1 week ago

Dangote ishiri


truth 1 week ago

political currption is everywhere USA even has the most corrupt people so what are you saying don't blame African leaders blame yourself for not reaching your peak


dambu 1 week ago

usanyebere vanhu iwe Africa ine currption yakanyanya

BODS VEDAH 1 week ago

@ truth, seems yu are not a good analysist. Just reserve yur comment. Im very sure uri umwe weanoti Zim yaura nemaSanctions iwe. Yur point of views piss offs me.

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dambu 1 week ago

usanyebere vanhu iwe Africa ine currption akanyanya


wanguda 1 week ago

Mabillionaire emu Africa neIndia kazhinji ijuju.VeUSA some are pure illuminatis whilst others are hardworking old-monies.


Sorojena 1 week ago

It is better for a country to be rich not individuals

Tickey 1 week ago

Don't worry @wanguda, this time next year the entire population of Zimbabwe will be billionaires and trillionairs thanks to ED, Mthuli and Panonetsa

Sope 1 week ago

Chunhu chadaddy


pk 1 week ago

takatomboitawo mabillionaires asi takazongodonha, hapana chatakawaka nayo.


Gwedu 1 week ago

Hello Trillionairs hallo Gidion



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