6 March 2013

Aliko Dangote Retains His Position As Africa’s Richest Man For The 3rd Year In A Row


Nigerian-born Aliko Dangote retains his position as Africa’s richest man for the 3rd year in a row. He is $4.9 billion richer than he was last year on account of the soaring value of his publicly-listed holdings in Nigerian blue chips like Dangote Cement, Dangote Sugar, National Salt Company of Nigeria and Zenith Bank among others.

This year, FORBES also accounted for other assets including his personal portfolio of homes, jets and yacht. Dangote started building his fortune over three decades ago by trading in commodities like cement, flour and sugar but became a billionaire by manufacturing these items. Venerable philanthropist has given away over $100 million to causes in health, education, flood relief and poverty alleviation.....Sports?






Source: Forbes

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