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Dangote only African in Bloomberg’s 100 World Richest Index

Africa’s richest man, Aliko Dangote, is the only African billionaire to feature among the top 100 based on Bloomberg Billionaire Index.

The Kano born businessman is $20.2billion rich and the 63rd in the world, according to the rating yesterday.

The Bloomberg Billionaires Index is a daily ranking of the world’s richest people.

The business mogul built his empire around consumer and industrial goods under a conglomerate- Dangote Group. His cement company, Dangote Cement, has a market capitalisation of N4.68trillion or $11.26billion.

The billionaire is building a 650,000 barrel per day refinery in Lagos, Nigeria’s economic capital with a $20billion budget.

He is the only African to appear among the top 100 in the list.

The next African to be on the list is Nicky Oppenheimer with $8.28billion. He is a South African business man and he is ranked 238th in the world.

According to the ranking, Elon Musk retains the ranking as the richest man with $214billion. Jeff Bezos and Bernard Arnault are worth $133billion and $128billion.

Bill Gates is the fourth richest with $114billion, while Gautam Adani, an Indian, is the fifth richest with $110billion.

Full List include Elon Musk $214b -$789m -$56.1b United States Technology; Jeff Bezos $133b -$2.58b -$59.7b United States Technology; Bernard Arnault $128b +$1.72b -$49.6b France Consumer; Bill Gates $114b -$1.76b -$24.4b United States Technology; Gautam Adani $110b +$2.09b +$34.0b India Industrial; Larry Page $103b -$1.30b -$24.9b United States Technology; Sergey Brin $99.2b -$1.21b -$24.3b United States Technology and Warren Buffett $96.5b -$297m -$12.4b United States Diversified.

Others on the list are Steve Ballmer $90.0b -$3.47b -$15.7b United States Technology; Larry Ellison $87.1b -$1.08b -$20.1b United States Technology; Mukesh Ambani $86.1b -$206m -$3.85b India Energy; Carlos Slim $73.7b +$256m -$72.1m Mexico Diversified; Zhong Shanshan $70.4b -$922m -$9.39b China Diversified and Charles Koch $68.2b +$21.2m +$6.96b United States Industrial.

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