Africa’s Richest Man,Aliko Dangote, tumbles down World Billionaire List

Africa’s Richest Man,Aliko Dangote, tumbles down World Billionaire List

 

Aliko Dangote, Africa’s richest man who was listed as the 51st richest man among the list of the 100 richest people in the world as at March 2016, has dropped to 101. Bloomberg billionaires revealed that Aliko Dangote, who was worth $15.4 billion (N3.05 trillion) in March, is now worth $11.1 billion (N3.3 trillion) —richer in Naira, but poorer in dollars. At the launch of the new foreign exchange regime in Nigeria on June 23, 2016,  Aliko Dangote fell from 46 to 71 on the world billionaire list. Aliko Dangote, who owns the second largest sugar-refinery in the world, remains richer than American billionaire presidential candidate Donald Trump, and Oprah Winfrey, who is the second richest black woman in the world.

Africa's Richest Man,Aliko Dangote, tumbles down World Billionaire List

Aliko Dangote is now worth $11.1 billion. In which, he is worth more than Donald Trump, the American Republican Party presidential candidate and Oprah Winfrey combined. They both have an estimated worth of $4.5 billion and $3.1 billion respectively. The cement king is visualized to make a comeback to the list by 2018/2019 and even entering into the top 20 when his oil refinery will be completed and would have begun operation.

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