Aliko Dangote has emerged as the world’s richest black, thanks to his $15 billion earnings in 24 hours. Dangote overtook America’s David Seward to become the black race’s wealthiest individual
Dangote jumped 100 places to 64th position on the global billionaire’s list due to his refinery’s completion
Nigerian billionaire Aliko Dangote, Africa’s richest man, set a new world record on Thursday, October 17, 2024, when he became the wealthiest man globally
Dangote’s meteoric jump from 161 most prosperous in the world to 64th on the global billionaire index took many by surprise after the Kano-born billionaire earned a whopping N24 trillion ($15 billion) overnight. …CONTINUE READING
That move propelled him to become not only Africa’s richest man again but the black race’s wealthiest individual
A recent report by Legit.ng showed that Dangote was second on the list of richest black people behind America’s David Seward, with less than $12 billion.
The Nigerian billionaire billionaire jumped 100 places on the Bloomberg Billionaire Index thanks to his mega refinery.
The 67-year-old billionaire lost most of his wealth when the Nigerian government devalued the local currency, highlighting the struggle of Nigerian businesses and entrepreneurs.
Dangote confirmed he faced severe challenges when the naira was devalued, wiping off $70 billion of his assets in less than 12 months.
He predicted his resurgence, disclosing that the Dangote conglomerate will earn over $30 billion when the 650,000 bpd-capacity refinery reaches total production capacity.
List of rich black people
Aliko Dangote (Nigeria) $27.8 billion
David Steward (USA): $11.4 billion
Robert F. Smith (USA): $10.8 billion
Mike Adenuga (Nigeria) $6.7 billion
Abdulsamad Rabiu (Nigeria): 4:8 billion
Michael Jordan (USA): $3.5 billion
Oprah Winfrey (USA): $3 billion
Patrice Motsepe (SA): 3 billion
Jay-Z (USA) $2.5 billion
Strive Masiyiwa (Zimbabwe) $1.8 billion
