Aliko Dangote the richest man in Africa, Dangote

Bloomberg has updated its Billionaire’s Index of world’s 500 richest people, and Africa’s wealthiest man, Aliko Dangote, emerged as the only African among the top 100.

The business magnate is the only black man of African descent competing among the top 100 on the 2019 list. According to the Index, Aliko Dangote is the 75th richest man in the world in 2019.

Aliko Dangote
Aliko Dangote

[READ ALSO: Dangote Group revenue expected to hit $30 billion revenue]

In the last one year, the industrialist and philanthropist has added $6 billion to his wealth, making his status rise at $6.5 billion.

Richer than Nassef Sawiris and Naguib Sawiris: Dangote’s wealth is more than the combined wealth of the two richest billionaires in Egypt, Nassef Sawiris ($7 billion) and Naguib Sawiris ($5.19 billion).

Other Africans who made the list: Natie Kirsh (South Africa) and Johann Rupert (South Africa) are other Africans who appeared on the Bloomberg Billionaires Index for the world’s 500 richest people.

[ALSO READ: 5 rules that Dangote has Adopted from The 48 Laws of Power]

Apart from being a businessman, Dangote has shown great interest in philanthropy. Last year, the business magnate disclosed his interest in becoming the biggest philanthropist in Africa, asides being the continent’s richest man.

He added that this interest had led him to found the Aliko Dangote Foundation. According to him, the foundation has provided opportunities for several people and more than N2 billion has been disbursed across states.

Dangote is currently regarded as one of the most charitable people in the world. It is believed that he is 6th among such people.

About Bloomberg Billionaires Index: It is a daily ranking of the world’s richest people. At the end of each trading day in New York, details of calculations are provided in the net worth analysis on each billionaire’s profile page and the figures updated.

[FURTHER READ: 5 habits of Nigeria’s business billionaires you should emulate]

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