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Aliko Dangote has had a steady financial status as one of the richest people in the world for some time. Since surpassing Mohammed Hussein Al Amoudi by over $2.6 billion in 2013, he has remained the world’s richest person of African origin. When asking how rich Aliko Dangote really is, there is however no precise answer, since this can be measured in many different ways. The two most commonly cited references are Forbes and Bloomberg. What do these say about how rich Aliko Dangote really is?
Bloomberg Billionaires Index
Bloomberg gathers an index of billionaires worldwide using a combination of a billionaire’s private data as well as stock prices. Bloomberg Billionaires Index on Aliko Dangote rates him at $15 billion net worth, which makes him the 95th richest man in the world. During 2019, Aliko Dangote grew his wealth by $4.3 billion from investing in cement, flour and sugar.
Forbes
Forbes data depend on reporters who they hire particularly to track the activity of the world’s wealthiest individuals. The Forbes team scrutinizes all business deals these billionaires are involved in and make an estimate of total assets.
According to Forbes, Aliko Dangote is currently holding a net worth of $8.6 billion, making him the 136th richest person in the world.
Diversifying his Wealth
According to both Forbes and Bloomberg data, Aliko Dangote is still the richest man in Africa. He is now working on diversifying his investments to other continents. With this intention, he hopes to avoid being too dependent on the stability of the Nigerian currency.
