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Nigerian business mogul, Aliko Dangote, remains the richest man in Africa. Dangote has also been ranked as the 65th richest man in the world according to a new report by Bloomberg.
Bloomberg, in its latest Top 500 Billionaires Index released on Thursday, revealed that Dangote with a wealth of $28 billion had his wealth increased significantly after the commencement of operations of his newly built Petrochemical refinery, said to be worth over $20 billion.
Read Also: 1.1Bn People Live In Acute Poverty Worldwide – New UN Report
This new ranking is the highest the renowned entrepreneur has risen.
He was previously ranked 83rd in 2022.
No African is close to Dangote’s latest ranking as Johann Rupert, of South Africa is 174 on the world list, with a wealth of $13.6bn and Nicky Oppenheimer also of South Africa is number 224 on the world list with a wealth of $11.6bn.
Other Africans on the list are: South Africa’s Natie Karsh, number 297 in the world with a wealth of $9.25bn, Egypt’s Nassef Sawiris on number 302 in the world with a wealth of $9.16bn, and Naguib Sawiris also of Egypt with a wealth of $7.37bn on number 407 in the world.
Elon Musk and Jeff Bezos are the richest in the world with $242 billion and $210 billion respectively in their kitties while Mark Zuckerberg and Larry Ellison followed respectively with $204 billion and $185 billion on the world’s billionaires’ chart.
A striking United Nations Development Program report published Thursday revealed that more than one billion people worldwide are living in acute poverty. It also found that children account for more than half of those affected and that poverty rates are three times higher in countries at war.
More than one billion people are living in acute poverty across the globe, a UN Development Program report said Thursday, with children accounting for over half of those affected.
The paper published with the Oxford Poverty and Human Development Initiative (OPHI) highlighted that poverty rates were three times higher in countries at war, as 2023 saw the most conflicts around the world since the Second World War.
