Africa’s Richest Man Aliko Dangote’s Net Worth Surges Past $50B As Refinery Goes Public

Investment Corporation of Dubai, CC BY 3.0 , via Wikimedia Commons

Dangote’s net worth reached an estimated $51.3 billion according to Forbes’ Real-Time Billionaires List.

Nigerian billionaire Aliko Dangote’s estimated fortune has climbed above $50 billion after a new valuation of his oil refinery significantly increased the value of his holdings and widened his lead as Africa’s richest person, Business Insider Africa reports.

Dangote’s net worth reached an estimated $51.3 billion according to Forbes’ Real-Time Billionaires List. The valuation puts his estimated fortune above those of several prominent billionaires, including Alibaba co-founder Jack Ma and Nike co-founder Phil Knight.

 

Author

Leave a Comment

Your email address will not be published. Required fields are marked *