How Dangote beat American billionaire to emerge as the world's richest black man

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  • Aliko Dangote has emerged arsenic the world’s richest black, acknowledgment to his $15 cardinal net successful 24 hours
  • The Nigerian billionaire overtook America’s David Seward to go the achromatic race’s wealthiest individual
  • Dangote jumped 100 places to 64th presumption connected the planetary billionaire’s database owed to his refinery’s completion

Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the system for implicit a decade.

Nigerian billionaire Aliko Dangote, Africa’s richest man, acceptable a caller satellite grounds connected Thursday, October 17, 2024, erstwhile helium became the wealthiest antheral globally.

Dangote’s meteoric leap from 161 astir prosperous successful the world to 64th connected the planetary billionaire scale took galore by astonishment aft the Kano-born billionaire earned a whopping N24 trillion ($15 billion) overnight.

Dangote breaks different  recordNigerian billionaire Aliko Dangote and America's David Seward Credit: Bloomberg/Contributor
Source: Getty Images

Dangote is present Africa’s and the world’s richest achromatic man

That determination propelled him to go not lone Africa’s richest antheral again but the achromatic race’s wealthiest individual

A caller study by Legit.ng showed that Dangote was second connected the database of richest achromatic people down America’s David Seward, with little than $12 billion.

The Nigerian billionaire billionaire jumped 100 places connected the Bloomberg Billionaire Index acknowledgment to his mega refinery.

Dangote predicted his resurgence

The 67-year-old billionaire mislaid astir of his wealthiness erstwhile the Nigerian authorities devalued the section currency, highlighting the conflict of Nigerian businesses and entrepreneurs.

Dangote confirmed helium faced terrible challenges erstwhile the naira was devalued, wiping disconnected $70 billion of his assets successful little than 12 months.

He predicted his resurgence, disclosing that the Dangote conglomerate volition gain implicit $30 cardinal erstwhile the 650,000 bpd-capacity refinery reaches full accumulation capacity.

Mega refinery to gain FX for Nigeria

He called the refinery an FX spinner for the Nigerian economy, saying the state volition go a nett exporter of petroleum products.

According to the Bloomberg Billionaire Index data, Dangote earned much money successful 24 hours than Elon Musk, Mark Zuckerberg, and Jeff Bezos, the 3 wealthiest men connected earth.

His nett worthy is present $27.8 cardinal from $13.4 cardinal a fewer days earlier.

He has fixed South Africa’s Rupert, who overthrew him successful August, miles successful a spread arsenic Africa’s astir prosperous and the world’s richest achromatic man.

List affluent achromatic people

  • Aliko Dangote (Nigeria) $27.8 billion
  • David Steward (USA): $11.4 cardinal
  • Robert F. Smith (USA): $10.8 cardinal
  • Mike Adenuga (Nigeria) $6.7 cardinal
  • Abdulsamad Rabiu (Nigeria): 4:8 cardinal
  • Michael Jordan (USA): $3.5 cardinal
  • Oprah Winfrey (USA): $3 cardinal
  • Patrice Motsepe (SA): 3 cardinal
  • Jay-Z (USA) $2.5 cardinal
  • Strive Masiyiwa (Zimbabwe) $1.8 billion

Dangote's wealthiness rises to the highest level successful history

Legit.ng earlier reported that according to the Bloomberg Billionaires Index, Dangote's wealth roseate by $15.1 billion(about N24.71 trillion) connected Wednesday.

Before Wednesday, based connected Bloomberg data, Dangote's highest wealthiness level was $25.7 cardinal successful July 2014.

Dangote's awesome show was evident connected Wednesday arsenic helium doubled his nett worthy and recorded the highest wealthiness summation among each 500 billionaires surveyed.

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Source: Legit.ng

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