Nigerian tycoon Aliko Dangote, owner and founder of the Dangote Group is believed to be the richest black man in the whole world. His wealth exceeds Republican Donald Trump’s combined with that of Chelsea owner Roman Abramovich and media Oprah Winfrey according to Forbes 2016 billionaire ranking.
Dangote, who came in at the 51st position of the 2016 ranking by Forbes Magazine, is also richer than the combination of all other Nigerians who made the list. Despite losing from KES. 1.57 trillion to KES 1.54 trillion in the latest rankings, Dangote remains the richest black billionaire anywhere on the planet.
Bill Gates remains the richest person in the world with a net worth of $75 billion. He has been on the leading position for 3 years Amancio Ortega moves up to the second spot for the first time, displacing Mexico’s Carlos Slim, who slips to number four, while Warren Buffett remained steady in third position.
31 years old, Facebook’s CEO Mark Zuckerberg had the best year of all billionaires, he moved up 10 positions from 16 to the sixth spot.
“Volatile stock markets, cratering oil prices and a stronger dollar led to a dynamic reshuffling of wealth around the globe and a drop in ten-figure fortunes for the first time since 2009,” Forbes said.
“For our 30th annual guide to the world’s richest, we found 1,810 billionaires, down from a record 1,826 a year ago. Their aggregate net worth was $6.48 trillion, $570 billion less than last year. “It was also the first time since 2010 that the average net worth of a billionaire dropped – it is now $3.6 billion, $300 million less than last year.”
Being the largest African cement producer, Dangote owns about 90 percent of publicly-traded Dangote Cement through a holding company. In 2015, Dangote and 61 others were richer than 3.5 billion people around the world.