The launch of his newly built $2.5 billion fertiliser plant in April, coupled with the surge in Dangote cement behemoth’s shares, has seen his net worth exceed $20.7 billion.
In February, the Nigerian billionaire moved up the ranking to become the 83rd richest person in the world, vaulting over popular Russian businessman and owner of Chelsea Football Club Roman Abramovich, who is now ranked 149th on the list of the world’s 500 wealthiest people.
The 64-year-old Nigerian businessman’s wealth has surged by over $1.5 billion this year to $20.7 billion as of 4 May 2022, thanks to an increase in the market value of his cement company..
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