- The tycoon's wealth now stands at Sh1.7 trillion (13.6 billion dollars) in the latest 2023 Forbes ranking, as reported by Nairametrics.
- The Nigerian tycoon is the owner of the Dangote Group.
Nigerian tycoon Aliko Dangote has maintained his position as Africa's richest man.
The tycoon's wealth now stands at Sh1.7 trillion (13.6 billion dollars) in the latest 2023 Forbes ranking, as reported by Nairametrics.
The Nigerian tycoon is the owner of the Dangote Group.
It is one of the largest conglomerates in Africa, with international operations in Benin, Ghana, Zambia and Togo.
The Dangote Group has moved from being a trading company to being the largest industrial group in Nigeria, encompassing divisions like Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.
Dangote Group dominates the sugar market in Nigeria, with its refinery business as the main supplier (70 per cent of the market) to the country's soft drink companies, breweries and confectioners.
The company employs more than 11,000 people in West Africa.
Here is the list of other richest people in Africa:
Johanna Rupert- 10.7 billion dollars
Nicky Oppenheimer - 8.5 billion dollars
Nassa Sawiris - 7.4 billion dollars
Issad Rebrab - 4.6 billion dollars
Patrice Motsepe -3.2 billion dollars
Koos Bekker - 2.6 billion dollars
Strive Masiyiwa -1.9 billion dollars
Mohamed Dewji -1.5 billion dollars
Aziz Alchannouch -1.5 billion dollars
Othman Benjelluon -1.3 billion dollars