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Nigerian Business Mogul, Aliko Dangote makes Bloomberg’s Inaugural List of the World’s 200 Richest People



Nigerian billionaire and business mogul, Aliko Dangote has been named as one of the World’s 200 Richest People by Bloomberg.

Bloomberg Markets’ inaugural list of the world’s richest people, in the magazine’s December 2012 issue, showcases the billionaires who pull the levers on the global economy. As noted on the magazine’s website, the ranking shows who’s on top (America Movil SAB Chairman Emeritus Carlos Slim, with a net worth of $77.5 billion), who’s faltering (Facebook Inc. Chief Executive Officer Mark Zuckerberg, who’s down $6.8 billion since Jan. 1) and who’s just wealthy enough to make the top 200 (SAS Institute Inc. co-founder John Sall, who’s worth $5.8 billion).

Bill Gates and Warren Buffett, both in the top five, are household names. At the number 3 position is Amancio Ortega of Spain. The 76-year-old founded Inditex SA, the world’s largest clothing retailer, which is known for its more than 1,600 trendy Zara stores. He made more than $18 billion from the start of the year through Oct. 5 or about $66 million a day.

Aliko Dangote was listed on the 62nd position with a total net worth of $13.5 billion. The 55 year-old CEO of Dangote Cement has made another $3.5 billion so far this year, increasing his wealth by 34.5%

He is however not the only African on the list. Egypt’s Nassef Sawiris was listed on the 141th position having a net worth of $7.8 billion. South Africa’s Nicky Oppenheimer and Johann Rupert made the 147th and 187th positions respectively. Their net worths are $7.6 billion and $6.2 billion.

Dangote’s achievements with his businesses have continued to put Nigeria on the world map. He has been a major contributor to the increase of foreign investments in Nigeria and is one of the largest employers of labour in the country. He recently made the final shortlist of the Forbes Africa Person of the Year Award. We celebrate his success and say we are indeed proud of him.

Adeola Adeyemo is a graduate of Industrial Relations and Personnel Management from University of Lagos. However, her passion is writing and she worked as a reporter with NEXT Newspaper. She believes that anything can be written about; anything can be a story depending on the angle it is seen from and the writer's imagination. When she is not writing news or feature articles, she slips into her fantasies and creates interesting fiction pieces. She blogs at


  1. FumzyO

    November 2, 2012 at 1:23 pm

    Fact check pls!!!! Carlos Slim isnt American!!!! He is Mexican….. If you just googled you would know that.

    • rume

      November 2, 2012 at 1:28 pm

      The name of his company is America Movil SAB, BN didn’t say he was American. U too Google is your BFF, use it well

  2. dontmention

    November 2, 2012 at 1:31 pm

    @fumzyO.u probably didn’t read well or just jumped to conclusion.they did not say Carlos slim is American but that he is the chairman of a company whose name starts with America n dat doesn’t make him American.who doesn’t know Carlos slim is Mexican since his inception on any rich people list? U too.? Ah ah

  3. Akindele @ Cheapest Bulk SMS in Nigeria

    November 2, 2012 at 2:21 pm

    Dangote is my role model. I also want to control part of Nigeria economy without directly involve in politics. He deserves it and I congratulate him. I wish him all the best.

  4. faith

    November 4, 2012 at 9:51 pm

    i wish him all d best too

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