Thursday, May 19, 2022

Dangote Ranked 117 In The Latest Billionaire Bloomberg Index

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Aliko Dangote has been ranked 117th in the latest Bloomberg Billionaires Index. The index is a daily ranking of the world’s richest people at the close of every trading day in New York.

For the latest ranking the business mogul is set to have a net worth of $17.8bn making him 117th in the world. Elon Musk tops the list with a net worth of $194bn and closely followed by Jeff Bezos who also has a net worth of $194bn, Bernard Arnault took the third spot with $174bn. The business mogul is the only Nigerian and African to make the 200 lists on Bloomberg.
Read also: Dangote May Forfeit Refinery To FG As Debt Weighs Africa’s Largest Refinery

 Dangote may forfeit his refinery to the Federal Government as it is running into debts in a new report.  SaharaReporters have it that the refinery may soon run into a deep financial crisis as a result of a $7 billion debt burden it has. According to the media, the debt indicates a possible takeover of the project by the Assets Management Corporation of Nigeria (AMCON).

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Photo Credit: Getty

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