With a net worth of $16.1bn as of March 2013, the President, Dangote
Group, Alhaji Aliko Dangote, has moved up in the latest world richest
ranking to number 43 from 76 in 2012.
According to the list which
was released on Monday by Forbes, Dangote and the Chairman of Globalom,
Dr. Mike Adenuga were the only Nigerians on the list... more below
Dangote,
55, however, retained his position as the richest man in Africa and the
richest among manufacturers in the world with a net worth of $16.1bn.
Adenuga, 59, on the other hand, ranked 269 on the list with a net worth of $4.7bn.
The
world billionaires, list presented Carlos Slim Helu, a Mexican as the
world richest man with a net worth of $73bn, while Bill Gates of United
States came second with a net worth of the $67bn.
Others are
Armancio Ortega of Spain ($57bn); Warren Buffet, United States
($53.5bn); and Larry Ellison of US with $43bn net worth, coming third,
fourth and fifth, respectively.
Forbes said, “To compile net
worths, we value individuals’ assets, including stakes in public and
private companies, real estate, yachts, art and cash – and account for
debt.
“We attempt to vet these numbers with all billionaires.
Some cooperate; others don’t. We also consult an array of outside
experts in various fields.”
The past year has been eventful for
Dangote. In October, he sold off a controlling stake in his flour
milling company to Tiger Brands of South Africa and pocketed $190m in
cash.
In February, his Dangote Sugar Refineries acquired a 95 per
cent stake in Savannah Sugar in a bid to maintain its dominant position
in the Nigerian sugar industry.
Dangote started building his
fortune more than three decades ago when he began trading in commodities
like cement, flour and sugar with a loan he received from his maternal
uncle.
He delved into full production of these items in the early
2000s and went on to build the Dangote Group, West Africa’s largest
publicly-listed conglomerate, which now owns sugar refineries, salt
processing facilities and Dangote Cement.
SOURCE: http://www.punchng.com/news/dangote-now-worlds-43rd-richest-man-forbes/
No comments:
Post a Comment
comment