Forbes: DANGOTE is now richer than Trump, and other 2 Billionaires put together

Aliko Dangote, president of Dangote group, is now richer than Donald Trump, Republican front runner; Roman Abramovich, owner of Chealsea football club and Oprah Winfrey, the richest black woman, put together.

Dangote, who came in at the 51st position of the 2016 ranking by Forbes Magazine, is also richer than the combination of all other Nigerians who made the list.

Despite losing $300 million from $15.7 billion (N3.1 trillion) to about $15.4 billion, (N3.05 trillion) in the latest rankings, Dangote remains the richest black billionaire anywhere on the planet.

At $15.4 billion, the 58-year-old is richer than Abramovich ($7.6 billion), Oprah ($3.0 billion) and Trump $4.5 billion.

The Nigerians who made the list are Mike Adenuga ($10 billion), Femi Otedola ($1.8 billion), Folorunsho Alakija ($1.6 billion) and Abdulsamad Rabiu ($1.1 billion), who came in at 103, 1,011, 1,121 and 1,577 respectively.

As Africa’s largest cement producer, Dangote owns about 90 percent of publicly-traded Dangote Cement through a holding company, a percentage that exceeds the 80 percent ownership ceiling set by the Nigerian Stock Exchange.

In 2015, Dangote and 61 others were richer than 3.5 billion people around the world.

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