Nigeria
Nigerian tycoon Aliko Dangote, retained his position as Africa’s richest person and was listed the 51st richest person in the world, in the Forbes 2016 world’s billionaires list .
Africa's richest man
— Mac Otani (MacOtani) March 2, 2016AlikoDangotewealth rises in list of world billionaires to $15.4B from $14.7B in 2015 ~Forbes pic.twitter.com/xH9rqkBV25
The founder and chairman of Dangote cement, the largest cement producer in Africa, Dangote rose 16 places from 67th position last year.
Additionally, his fortune increased to $15.4 billion from $14.7billion in 2015.
Despite heavily investing in cement, the 58 year old self made billionaire has business interests in sugar, flour and salt production.
Click to view Forbes 2016: The World’s Billionaires List
The annual Forbes billionaire list for 2016 was released on Tuesday with Microsoft founder Bill Gates topping the list for the 17th time in the last 22 years.
In second place is retail tycoon Amancio Ortega the founder of Zara and American business magnate Warren Buffet was third.
The 2016 list, which contains 1,810 billionaires, also has four other Nigerians apart from Dangote.
The four are Mike Adenuga, Femi Otedola, Folorunsho Alakija and Abdulsamad Rabiu.
Dangote, Adenuga, Otedola, others on Forbes billionaires list https://t.co/adwZB7zAmU pic.twitter.com/1RYBUHDTd1
— The Punch Newspapers (@MobilePunch) March 2, 2016
Go to video
South Africa slashes planned VAT hike after pushback from Democratic Alliance
Go to video
Funeral held in Kenya for TikTok content moderator
01:10
World Trade Organization says global trade could slide this year due to tariffs
01:09
Yinka Shonibare explores identity and hybridity in new Madagascar exhibition
Go to video
Instability hits global markets as Trump tariffs kick in
Go to video
Key coalition partner votes against South Africa's budget