Aliko Dangote has retained his position as the richest
person in Africa with a net worth of $12.5b.
In the latest ranking by Forbes magazine, the Nigerian
businessman, who is the founder and Chairman of Dangote Cement, the continent’s
largest cement producer kept the position he has occupied for nine years now.
He owns 85% of publicly-traded Dangote Cement which produces
45.6 million metric tons annually and has operations in 10 countries across
Africa.
The Billionaire businessman also owns stakes in publicly-traded salt and sugar manufacturing companies.
He began the construction of his refinery, known as Dangote
Refinery, in 2016 and is expected to be one of the world’s largest oil
refineries once complete.
Here’s top 18 richest persons in Africa according to Forbes
2021 ranking:
See attached:
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