Forbes Ranking: Dangote Still Africa’s Richest Man For 12th Consecutive Year

This was disclosed in a statement on Tuesday titled ‘Forbes 2023 Index: Dangote Still Africa’s richest for 12th consecutive year’.

It stated that Dangote, whose business flagship, Dangote Cement Plc, is the largest producer of cement in Africa, is the only Nigerian in the list of first 200 richest men in the world with an estimated net worth of $14.2bn, up from last year’s $12.1bn.

It would be recalled that in June, South African Johann Rupert was ranked as Africa’s richest man, Forbes Magazine, with a net worth of $12bn.