Aliko Dangote the richest man in Africa just got richer

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Pulse-gh Dec. 2, 2022 8:51 a.m.

Aliko Dangote the richest man in Africa just got richer

Dangote's hands are far-reaching in Africa’s economic landscape, from building factories across the continent to venturing into new products and markets, and even creating a monopoly, this business mogul does anything in his power to stay ahead of the pack, and this year has been no different.

Bloomberg currently has him at the 81st spot, from his previous 71st spot in its billionaire index ranking in October.See the list here.He is currently worth $19.1 billion.

Aliko Dangote’s wealth which comes from numerous large-scale business ventures remains afloat annually, owing to the businessman’s ability to explore and scale.

This rise in profit, despite a $611 million loss in the first ten months of the year can be attributed to higher revenue margins in his cement and fertilizer plants..

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