Aliko Dangote Enters New Year As The 96th Richest Man On Earth

Nigerian Billionaire and African richest man, Aliko Dangote has become the only African to make the  2019  top 100 World Richest list.

According to the report Monitored by Naija News from the Bloomberg Billionaires Index, Dangote became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar.

The 62-year-old Nigerian businessman and Africa’s most prominent industrialist ended the decade with a net worth of almost $15 billion, making him the 96th wealthiest man in the world, according to the Bloomberg Billionaires Index.

However ,the year 2020 could be a significant one for the billionaire, who is close to completing one of the world’s largest oil refineries in Nigeria.

The plant has the capacity to meet more than Nigeria’s entire fuel consumption and could transform an economy that currently imports all its refined product needs.

Dangote is also constructing a fertilizer factory on the same site.