According to Forbes, Aliko Dangote’s fortune rose from $400 million to $13.9 billion, a feat that earned him the top spot for the 13th year in a row.
This feat comes amid Nigeria’s political uncertainty following the February presidential election and a devaluation of the naira in 2023 that negatively hit the rising share price of Dangote Cement.
Dangote’s reemergence as Africa’s richest man comes seven months after he was dethroned by South African billionaire, Johann Rupert.
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