Aliko Dangote is Worth $16.1 billion, Mike Adenuga, $4.7 billion, in Newly Released Forbes Rich-list

Alhaji Aliko Dangote, is the 43rd richest man on earth today, according to the 2013 list of world’s billionaires, compiled by Forbes Magazine. He is worth $16.1 billion, with assets from his cement, sugar, flour and other businesses. He is number one in Nigeria and Africa. Dangote, 55, retains his position as Africa’s richest man for the third year in a row. The past year has been eventful for him. In October, he sold off a controlling stake in his flour milling company to Tiger Brands of South Africa. He pocketed $190 million in cash. In February, his Dangote Sugar Refineries acquired a 95% stake in Nigerian sugar producer Savannah Sugar in a bid to maintain its dominant position in the Nigerian sugar industry. Dangote stepped up his philanthropy in the past year, giving over $100 million to causes ranging from education to health, flood relief, poverty alleviation and the arts. He also acquired a yacht, which he named after his mother, Amiya. The second Nigerian on the list is Otunba Mike Adenuga, who is 267 richest on earth, 2nd in Nigeria and 5th in Africa. Adenuga, 59, owns Globacom — Nigeria’s second largest telecommunication’s firm, Conoil and some stake in Sterling Bank Nigeria. He founded Globacom in 2006. It has 24 million customers in Nigeria, operates in the Republic of Benin and recently acquired licenses to start businesses in Ghana and the Ivory Coast. His Conoil Producing is one of Nigeria’s largest independent exploration companies, with a production capacity of 100,000 barrels of oil per day. The Forbes billionaire’s list of 2013, has newcomers. There’s also upward and downward shift for some. Carlos Slim Helu, 73, of Mexico and family remains the richest in the world with $73 billion, Bill Gates, 57, is 2nd with $67 billion. Amancio Ortega, 76, of Spain leapt to third place, with $57 billion, keeping famous investor, Warren Buffet, 82, at 4th place, with 53.5 billion. Oracle founder, Larry Ellison, 68, is 5th with $43 billion. Other famous people on the list include, Google co-founder and CEO, Larry Page, 39, with $23 billion, is 20th on the list. Fellow Co-founder, Sergey Brin, 39, is 21st with $22.8 billion. Facebook founder, Mark Zuckerberg, 28, is 66th on the list with $13.3 billion. Oprah Winfrey, 59, is the 503rd person, with $2.8 billion. Many of the billionaires give millions in philanthropy every year.

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This article was first published on 4th March 2013 and updated on March 15th, 2013 at 3:02 pm

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