For the twelfth year in a row, Aliko Dangote, the chairman of the pan-African conglomerate, Dangote Group, has become the richest person in Africa, despite the huge economic impact of the economy of half of the world's self-employed. Dangote, whose business banner, Dangote Cement Plc is Africa's largest cement producer, is the only Nigerian in the list of the 200 richest men in the world with an estimated net worth of $14.2 billion, compared to $12.1 billion last year. Forbes, in the latest ranking of the world's billionaires for 2023, reported that falling assets, wounded unicorns, and rising interest rates have led to a down year for the richest people in the world. Dangote, currently ranked 124th among the world's richest billionaires, is the only Nigerian among the world's top 200 billionaires and one of only two Africans in the body; along with South African Johann Rupert, the luxury goods retailer is ranked 157th with a net worth of $11.1 billion. Africa's richest man founded and chairs Dangote Cement, the continent's largest cement producer. Dangote Cement has a production capacity of 51.6 million tons per year in 10 countries in Sub-Saharan Africa, connecting plants in 7 countries, clinker mills in Cameroon, and import and distribution in Ghana and Sierra Leone. Dangote is also involved in the publicly traded Dangote Salt Company (NASCON) and Dangote Sugar. The Dangote Oil Company, believed to be the world's largest oil refinery, was commissioned recently and is expected to handle 650,000 bpd of oil. for domestic consumption and export; in what experts describe as a game changer in the oil and gas sector. The philanthropist was ranked 11th among the world's 50 greatest men and women of all time by Fortune Magazine, an American national business magazine based on the world's top-ranked companies. people lead and how they use it to make a positive impact on their community. This time-tested magazine, whose first issue was published in February 1930, says that the world's greatest men and women are changing the world and inspiring others to do the same in business, government, philanthropy, and the arts. "Thinkers, speakers, and doers make bold choices and take big risks - and inspire others to do the same," the magazine said. Apparently, Dangote was named when it was discovered that he made a fortune through his business and is now turning his wealth into an impactful charity through the Aliko Dangote Foundation.
The 10 greatest men and women, according to Fortune magazine, are Bill and Melinda Gates, Jacinda Ardem, Robert Mueller, Pony Ma, Satya Nadella, Greta Thunberg, Margrethe Vestager, Anna Nimiriano, Jose Andres, Dough Mcmillon, and Lisa Woods. Dangote's status as one of the greatest business leaders has received comments from celebrities all over the world who described him as deserving of this nomination because of his business and philanthropy. In the ranking of billionaires for 2023, Forbes, a global media company, said that almost half of the list of the richest people in the world is poorer than a year ago, including Elon Musk with the financial market reached $ 180 billion, rising from 1 to 2 later. Its availability is very expensive. of Twitter contributed to the sinking of Tesla, a multinational car and clean energy company. Bernard Arnault, the 74-year-old Frenchman who is the head of luxury company LVMH, is the first of the richest people in the world with a net worth of $211 billion, the first French national to be in 'up the list. Forbes reported that the event is over for many of the world's richest people. For the second year in a row, the number of billionaires worldwide has risen from 2,668 in 2022 to 2,640 in 2023 and the total wealth of billionaires has also fallen - down $500 billion, to $12.2 trillion - over time The crisis has affected both the public and private markets. Almost half of the world's billionaires are poorer than a year ago. A total of 254 people lost their billionaire status, but others saw gains. Overall, the United States still has several billionaires, with 735 registered members worth a total of $4.5 trillion. China (including Hong Kong and Macau) is still second, with 562 billion worth of $2 trillion, followed by India, with 169 billion worth of $675 billion. To calculate net worth, Forbes used stock prices and exchange rates as of March 10, 2023.
