{"id":6474,"date":"2022-01-25T17:43:06","date_gmt":"2022-01-25T17:43:06","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/25\/dangotes-net-worth-dangote-retains-status-as-africas-richest-man-forbes-2022\/"},"modified":"2022-01-25T17:43:06","modified_gmt":"2022-01-25T17:43:06","slug":"dangotes-net-worth-dangote-retains-status-as-africas-richest-man-forbes-2022","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/25\/dangotes-net-worth-dangote-retains-status-as-africas-richest-man-forbes-2022\/","title":{"rendered":"Dangote’s Net worth: Dangote Retains Status As Africa\u2019s Richest Man \u2013 Forbes 2022"},"content":{"rendered":"

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Dangote Retains Status As Africa\u2019s Richest Man<\/h3>\n

Businessman Aliko Dangote has retained his status as the richest man in Africa, according to Forbes.<\/p>\n

Forbes, an American business magazine, is renowned for tracking the wealth of billionaires <\/a>across the world.<\/p>\n

\u201cFor the 11th year in a row, Alike Dangote of Nigeria is the continent\u2019s richest person, worth an estimated $13.9 billion, up from $12.1 billion last year following a 30% increase in the stock price of Dangote Cement, his most valuable asset,\u201d the magazine said in a web post published on Monday announcing its 2022 list of Africa\u2019s richest people<\/a>.<\/p>\n

\u201cA surge in housing developments in Nigeria and growth in government infrastructure spending drove higher demand in the first nine months of 2021, analysts found.\u201d<\/p>\n

Second to Dangote was South Africa\u2019s luxury goods magnate, Johann Rupert.<\/p>\n

Two other Nigerians on the list include Abdulsamad Rabiu (5th) and Mike Adenuga (6th).<\/p>\n

Forbes said Mr. Rabiu recorded one of the largest wealth increases from the previous year\u2019s list.<\/p>\n

\u201cNigerian cement tycoon Abdulsamad Rabiu, who is $1.5 billion richer after taking yet another of his companies public,\u201d the post said.<\/p>\n

\u201cIn early January 2022, Rabiu listed his sugar and food firm BUA Foods on the Nigerian stock exchange. He and his son retained a 96% stake in the company, which recently had a market capitalization of nearly $2.8 billion. (Forbes discounts the values of stakes when the public float is less than 5%.) BUA Cement, in which he and his son have a 96% stake, listed in January 2020.\u201d<\/p>\n

Meanwhile, the list contained no women.<\/p>\n[CHANNELSTV]\n

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