Nigerian billionaire Aliko Dangote climbed higher on the world’s billionaire list after opening the new week strong.
According to the Bloomberg Billionaires Index, Dangote made over N3.90 billion on Monday, November 25, 2024.
His new wealth helped push him two places to the 66th position in the world’s billionaire ranking.
Bloomberg noted that Dangote’s wealth is derived from various assets, from sugar to his Lagos-based company, Dangote Group.
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“Dangote biggest asset is the Dangote Oil Refinery, Africa’s largest refiner, which began operating in early 2024.
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“He owns 92.3% stake of the project, which is valued based on the amount it cost to build it: $20 billion.”
Other assets owned include the Dangote Cement and stakes in Dangote Sugar, Nascon Allied Industries and United Bank for Africa.
