The President of the Dangote Group, Aliko Dangote, retained his position as Africa’s richest person and was listed as the 51st richest person in the world in the Forbes 2016 World’s Billionaires list released on Tuesday. Dangote’s net worth, according to the magazine, has risen to $15.4bn from $14.7bn in 2015. He was ranked 67th in the 2015 list. The 2016 list, which contains 1,810 billionaires in dollar terms, also has four other Nigerians apart from Dangote.
These are the Chairman of Globacom, Dr. Mike Adenuga; Chairman of Forte Oil, Mr. Femi Otedola; Founder and Executive Chairman, Famfa Oil Limited, Mrs. Folorunsho Alakija; and Chairman/Chief Executive Officer, BUA Group, Abdulsamad Rabiu.
Adenuga, whose net worth was put at $10bn, was ranked 103rd on the global list; while Otedola, with a net worth of $1.8bn, was ranked 1,011th. Alakija, estimated to be worth $1.6bn, came in the 1,121st position, while Rabiu was ranked the 1,577th billionaire in the world, with a net worth of $1.1bn. The five were on the Forbes 2015 World’s Billionaire list.