Aliko Dangote, Forbes acclaimed Africa's richest man, has been named the first Africa's $20 billion man. He has now risen his spot in the World's richest list, to becoming one of the Top 25 richest richest people in the world.
According to Forbes.
Aliko Dangote's 93% stake in the Cement Company is now worth $19.5 billion. Add this to his controlling stakes in other publicly-listed companies like Dangote Sugar and National Salt Company of Nigeria and his significant shareholdings in other blue-chips like Zenith Bank, UBA Group and Dangote Flour; his extensive real estate portfolio, jets, yachts and current cash position, which includes more than $300million in recently awarded Dangote Cement dividends. Dangote is now worth more than $20 billion
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