Dangote, along with three other Nigerian tycoons, has secured a spot on the prestigious 2024 Forbes list of the world’s wealthiest individuals.
Aliko Dangote, the chairman of the renowned Dangote Group, ranked 129th with a formidable net worth of $15.0 billion, solidifying his position as Africa’s richest man and a prominent figure in global business.
Forbes, a US-based global media company, focuses on business, investing, technology, entrepreneurship, leadership, and lifestyle.
Joining Dangote on the list are notable Nigerian business magnates: Mike Adenuga, chairman of Globacom, ranked 407th with a net worth of $6.9 billion, while Abdulsamad Rabiu of the BUA Group and Femi Otedola followed closely, with net worths of $6.3 billion and $1.7 billion respectively, securing positions 462 and 1906 on the list.
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Forbes compiled the list using stock prices and exchange rates as of March 8, 2024, ensuring accuracy and relevance.
The United States dominated the rankings with a staggering 813 billionaires, boasting a combined net worth of $5.7 trillion.
China followed closely behind with 473 billionaires worth $1.7 trillion, while India secured third place with 200 billionaires.
The total net worth of the world’s billionaires reached an unprecedented $14.2 trillion in 2024, marking a significant increase of $2 trillion from the previous year’s record.
These figures underscore the remarkable wealth and influence wielded by the world’s elite, highlighting the evolving landscape of global economics and entrepreneurship.
