ALIKO DANGOTE IS THE RICHEST BLACK MAN ON EARTH

THE BLACK BILLIONAIRES 2014 CEO OF DANGOTE GROUP, MR ALIKO DANGOTE Net Worth $26.5 Billion $0 ...

THE BLACK BILLIONAIRES 2014

CEO OF DANGOTE GROUP, MR ALIKO DANGOTE

  • Net Worth
  • $26.5 Billion
  • $0 | 0%
  • As of 7/11/2014 @ 11:00AM *
  • CEO, Dangote Group
Age
57
Source Of Wealth
cement, sugar, flour, Self Made
Residence
Lagos, Nigeria
Citizenship
Nigeria
Marital Status
Married
Childre
Educiocr f rt / Science Al-Azhar nivesity
< > Africa's richest man is looking beyond cement, sugar and flour--the three commodities that built his fortune--to the oil business. In April, he announced $9 billion in financing from a consortium of local and international lenders to construct a private oil refinery, fertilizer and petrochemical complex in the country. His publicly traded Dangote Cement is also grabbing new markets in Africa, withComment Now
Of the 1,645 people who made it to the 2014 FORBES list of the World’s Billionaires, 9 of them are black, up from 7 a year ago.
Nigerian cement tycoon Aliko Dangote is still the richest black person in the world, and he’s the richest by a long shot – $9.7 billion richer than Saudi-Ethiopian billionaire Mohammed Al-Amoudi.
This year, Nigerian oil tycoon Folorunsho Alakija joins American TV mogul Oprah Winfrey and Isabel dos Santos of Angola as the only black female billionaires on the FORBES billionaires list.

These are the 9 richest black people on earth:
Aliko Dangote, $25 billion
Nigerian, Sugar, Cement, Flour
The Nigerian-born Cement and commodities tycoon is the world’s richest black man. Last April, Dangote, 56, who made the bulk of his fortune trading in cement, sugar and flour, announced plans to build a private oil refinery in Nigeria. Expected to be completed in 2016, it will have a refining capacity of 400,000 barrels a day and reduce Nigeria’s dependence on oil imports. Dangote started out in business more than 3 decades ago by trading in commodities like cement, flour and sugar with a loan he received from his maternal uncle and went on to build the Dangote Group, the largest industrial conglomerate in West Africa. The company’s crown jewel is Dangote Cement, the $24 billion (Market Capitalization) cement manufacturer with interests in several African countries.

Oprah Winfrey
Oprah Winfrey
Mohammed Al-Amoudi, $15.3 billion
Saudi Arabian, Oil Refineries, Mining
Mohammed Al-Amoudi, the son of a Saudi father and Ethiopian mother, made his initial fortune in large-ticket construction projects in Saudi Arabia. He holds both Saudi and Ethiopian citizenships and has been investing heavily in Ethiopia through his private holding company, Midroc Ethiopia Technology Group. Midroc’s assets in Ethiopia include hotels, gold mines, leather factories, pharmaceuticals and cement manufacturing outfits. He also owns a 70% stake in the National Oil Company of Ethiopia. Outside Ethiopia, he owns oil refineries in Morocco and Sweden and oil fields off West Africa.
Mike Adenuga, $4.6 billion
Nigerian, Oil, Telecoms
Adenuga built his fortune in oil and mobile telecoms. His Conoil Producing Company was one of the first indigenous Nigerian companies to be granted an oil exploration license in the early 90s.  The company is the operator of six blocks in the Niger Delta and also owns a25% stake in the Joint Development Zone (JDZ) Block 4. He is also the founder and sole owner of Globacom, a Nigerian mobile phone network that has more than 24 million subscribers.
Isabel Dos Santos, $3.7 billion
Angolan, Investments.

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Okandablogs: ALIKO DANGOTE IS THE RICHEST BLACK MAN ON EARTH
ALIKO DANGOTE IS THE RICHEST BLACK MAN ON EARTH
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