FORBES TOP 20 RICHEST PEOPLE IN NIGERIA & HOW MUCH THEY ARE WORTH

1. ALIKO DANGOTE

Aliko Dangote is currently worth over $12.5 billion. He is the richest man in Nigeria and Africa. He is also the 67th richest person in the world.

Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia.

Although Dangote was born into a wealthy family, he hasn’t rested on his soars due to his family’s riches. His journey into becoming a billionaire began when he established a small trading firm in 1977. This firm would later metamorphose in to what is now known as the Dangote Group.

The Dangote Group is a major force in the sugar and cement market in Nigeria and Africa. Over the years, this businessman has mastered the art of producing these commodities locally.

Currently, Dangote owns refineries and manufacturing plants in Nigeria and several parts of Africa. He is also leading the way by a building a major refinery in the country that will eliminate the country’s dependence on oil importation.

The project commenced with the goal of building refineries for crude oil, fertilizers and petrochemical materials. This investment is said to be worth over $9 billion and it is expected to be completed by 2019.

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