Dangote’s wealth drops by $3.11bn, retains position atop Africa’s rich list

The founder of the Dangote Group, Aliko Dangote, has retained its position as Africa’s richest man in the Bloomberg Billionaires Index.

The Kano State-born businessman was ranked ahead of South African billionaire, Johann Rupert, Nicky Oppenheimer, Nassef Sawiris, Natie Kirsh, and Naguib Sawiris in the continent’s richest list released by the United States-based media organization on Friday.

Ripples Nigeria gathered that Dangote is worth $15.6 billion as of Thursday although his wealth has depleted by $3.11 billion in the last six months.