Dangote was ranked by the magazine as the 67th richest person in the world, from a peak of 23rd in 2014. He surpassed Saudi-Ethiopian billionaire, Mohammed Hussein Al Amoudi, in 2013 by over $2.6bn to become the world’s richest person of African descent.
The Nigerians who made the magazine’s Africa’s 50 richest list are:
- Aliko Dangote at 1st place with $16.7bn
- Mike Adenuga at 7th place, with $3.5bn;
- Folorunsho Alakija, with $1.7bn (13th);
- Femi Otedola, with $1.6bn (16th);
- Abdulsalam Rabiu, with $1bn (23rd);
- Theophilus Danjuma, with $750m (30th).
- Tony Elumelu, with $700m (31st);
- Jim Ovia, with $550m (37th);
- Mohammed Indimi, with $500m (39th);
- Orji Uzor Kalu, with $330m (49th).
Forbes noted that the number of Nigerians on the list fell from 13 in 2014, while South Africa climbed up with 16 slots from 11 last year.