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Dangote displaces Roman Abramovich, others on Forbes list

This is an increase of $1.9 billion from the 60-year-old billionaire’s net worth in 2017, when he was worth $12.2 billion.

President of Dangote Industries Alhaji Aliko Dangote has displaced several billionaires including Russian billionaire, Roman Abramovich to stay on 100th position with a net worth of $14.1billion on the Forbes World Billionaires’ list.

51-year-old Roman Abramovich landed at position 140 with a total net worth of $10.8 billion sourced from steel and investments.

In the recent list for the World’s billionaire list 2018, Dangote, who was judged the richest African with a net worth of $12.2billion in 2017 has gone up more in 2018 with a net worth of $14.1billion, according to Forbes.

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This is an increase of $1.9 billion from the 60-year-old billionaire’s net worth in 2017, when he was worth $12.2 billion and had attained his 2017 position with an increase of $100 million from his worth when the assessment was done by the influential magazine.

Dangote is the continental richest man for the eight year in a row.

In the same vein, Amazon founder and chief executive, Jeff Bezos is the world’s richest man with $112 billion dollar.

Bezos displaced Bill Gates as the richest in the world with a net worth of $112 billion followed by Gates ($90billion) and Warren Buffet ($84 billion).

Other Nigerians on the African list are Globacom Chairman Mike Adenuga at position 365 with a net worth of $5.3 billion adjudged the fifth richest in Africa and Mrs Folorunsho Alakija ($1.6 billion) rated the 15th richest in Africa.

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