Dangote remains Africa’s richest person

Aliko Dangote

Nigeria’s business magnate, Alhaji Aliko Dangote, has remained the Africa’s richest person for the sixth year, with assets valued at $12.1 billion for the year 2016 on the Forbes magazine list.

Dangote is joined by two other Nigerian billionaires on the 2016 list by a Telecommunications magnate, Chief Mike Adenuga, who is third richest African with $5.8 billion assets, and an oil magnate, Folorunso Alakija with assets valued at $1.6 billion.

An oil marketer, Femi Otedola however dropped from the Africa’s billionaire list for the year 2016, as his assets net worth dropped from $1.6 billion in November 2015 to $330 million today.


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