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Aliko Dangote, the president of Dangote Group, has maintained his position as the richest man in Africa for the 12th consecutive year.
Despite economic challenges faced by many billionaires around the world, Dangote’s net worth has increased from $12.1 billion to $14.2 billion.
He is the only Nigerian in the top 200 richest people in the world and is ranked 124th.
Dangote is the founder and chairman of Dangote Cement, the largest cement producer in Africa, with production capacity in multiple countries.
He also has stakes in Dangote Salt and Dangote Sugar manufacturing companies, and his Dangote Petroleum Refinery is expected to be the world’s largest single-train refinery.
Dangote’s philanthropic efforts through the Aliko Dangote Foundation have also been recognized, earning him a place among the world’s greatest business leaders.
This article was updated 1 month ago
