Founder of the Dangote Group, Alhaji Aliko Dangote has become the 65th richest person in the world.

Dangote who until February 26 was 103rd on the World Richest list increased his net worth by 23% to end up with $16.6 billion as at today.

This was contained in the annual World Billionaire list updated today, February 28, 2019, by Bloomberg. Dangote remains Africa’s richest man.

Bloomberg Billionaires Index showed that Dangote’s wealth fell from $10.5bn at the end of 2018 to $9.63bn on January 1, 2019. But it grew to $10.8bn on Monday, February 25. His net worth increased by 23 per cent from $13.5bn on February 26, 2018, to $16.6bn.

Dangote has seen his wealth rise by 58 per cent so far this year.

Telecommunication tycoon, Mike Adenuga joined Dangote as the only Nigerians on the billionaires list.

There are just six Africans on the ranking of the world’s billionaires list; including, South Africa’s trio, De Beers heir Nicky Oppenheimer, luxury tycoon Johann Rupert and property and wholesaling mogul Natie Kirsh; and Egyptian brothers Nassef and Naguib Sawiris.

Amazon founder, Jeff Bezos remains the richest in the world with a net worth of $136bn. Bill Gates and Warren Buffett followed as second and third respectively with $98.4bn and $83bn respectively.

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