Dangote is world's 64th richest

President, Dangote Group, Aliko Dangote has significantly moved up in the world billionaires’ list, as he emerged 64th richest person in the world, with an estimated networth of $16.6 billion, as against his previous ranking of 103rd in the world.

Dangote, who remains the richest man in Africa for the eigth year running, was the only Nigerian on the list of the top 500 billionaires, as released by Bloomberg in its yearly billionaires list.

Jeff Bezos, CEO, Amazon, remains the richest in the world with $136 billion in his kitty, while Bill Gates and Warren Buffett followed as second and third respectively with $98.4 billion and $83 billion on the world billionaires chart, which is dominated by North Americans.

Dangote’s estimated worth in the latest Bloomberg ranking far outstrips an earlier ranking by the Forbes Magazine, another elite publication which placed his fortune at $10.8billion in the 2019 Forbes Africa’s Billionaires’ list released in January, although he retained the rank as the richest African for the eigth consecutive year in the latter ranking.

There are only five Africans on the Bloomberg list of the world’s top 500 billionaires, with Dangote topping the group.

The other four Africans included Nicky Oppenheimer of South Africa, who was ranked No. 216 with an estimated worth of $7.05 billion; Johann Rupert of South Africa (ranked No. 225 with an estimated worth of $6.92billion) and Natie Kash of South Africa (ranked No. 263 with an estimated worth of $6.10billion).

The fifth and last African on the list of 500 HNW individuals was Naguib Sawiris of Egypt, ranked No. 331 with an estimated fortune of $5.12billion.

Comments

Another Building Collapsed In Lagos

Another building on Monday collapsed in Lagos Island. The two-storey building, according to Channels Tv collapsed mid-day on the Island. Security operatives and emergency workers are currently at the scene to ensure the safety of residents. According to the Lagos State Emergency Management Agency (LASEMA), no one was trapped in the building as at the time of the incident. This is coming on the heels of the collapse of a three-storeyed building in Ita-faji area of Lagos, trapping more than 100 persons, including school pupils.

Atiku Blows Hot, Says Buhari’s Statement Inciting To Electoral Violence

POLITICS Atiku Blows Hot, Says Buhari’s Statement Inciting To Electoral Violence The Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar , has lambasted President Muhammadu Buhari for saying that ballot-box snatchers will pay with their lives. In a statement on Monday by his media aide, Phrank Shaibu, Atiku said Buhari’s statement shows that the “retired general” is only showing his true colours and “complete” disregard for the country’s law. The statement read: “We were shocked to hear General Buhari live on national television threatening to kill people for an offense where no such proscription exists under law. The last time we looked the death-penalty was not a sanction of the 2010 election ac “In fact, threatening people with death in the context of an election is an incitement to electoral violence, which is an offense under that act. “Once again General Buhari is showing his true colours and c...

Eddie Howe blames defeat on Bournemouth players

Eddie Howe refused to blame anyone but his own players for their 5-1 hammering at Arsenal, saying "every aspect" let them down. Howe's men matched their worst away run in 85 years - nine straight league defeats - with a 5-1 thrashing at the Emirates on Wednesday night, having trailed from the fourth minute in north London. The timing of the opening goal, scored inside four minutes by Mesut Ozil, particularly irked Howe after he had called his side "exciting" pre-game, and he said: "They were too good for us, it was a difficult night. We never truly recovered from the start, and it was uncharacteristic. "I don't think we were good in any aspect of the game, with or without the ball, mentality wasn't great, it's been disappointing and we need to reflect on it honestly. " Despite their performance, Bournemouth found themselves back within a goal of their hosts at the interval after Lys Mousset's goal on the half-hour...

PRECIOUSBLOG

Search This Blog