NIGERIA ALIKO DANGOTE IS AFRICA’S RICHEST MAN WITH $13.8BN

NIGERIA ALIKO DANGOTE IS AFRICA’S RICHEST MAN WITH $13.8BN

POSTED ON 13 MARCH 2011 NEWS, TECHNOLOGY

President of Dangote Group, Aliko Dangote (53), has emerged the richest man in Africa, for the first time, with a net worth of $13.8 billion, according to a report from the Forbes annual world’s billionaires ranking, released on Wednesday.

The 14 Africans on the 2011 Forbes Rich list are two Nigerians, four South Africans and eight Egyptians. The Aliko Dangote’s fortune surged 557 per cent in the past year, from 436 position to 51 in 2011, making him the world’s biggest gainer in percentage terms and Africa’s richest individual for the first time.

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