Dangote ends 2019 $4.3bn richer

Aliko Dangote
Aliko Dangote

Africa’s richest man, Aliko Dangote, has seen his wealth grow $4.3 billion bigger in 2019.

According to Bloomberg Billionaires Index released on Tuesday, Dangote ended the decade with a net worth of almost $15 billion, making him the 96th wealthiest man in the world.

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His increased wealth owes largely to investments in cement, flour and sugar.

Dangote incorporated his own business selling cement at 21. He shifted to manufacturing the building material in the 1990s.

The billionaire’s investment in oil refineries which is expected to be completed soon will see his net worth increased even more.