Dangote remains Africa’s richest man for the third year in a row.
Tuesday, March 05, 2013Omoba
Nigerian Cement tycoon
retains his position as Africa's richest man for the third year in a row. The
past year has been eventful for Dangote. In October, he sold off a controlling
stake in his flour milling company to Tiger Brands of South Africa. He pocketed
$190 million in cash. In February, his Dangote Sugar Refineries acquired a 95%
stake in Nigerian sugar producer Savannah Sugar in a bid to maintain its
dominant position in the Nigerian sugar industry.
Dangote stepped up his philanthropy
in the past year, giving over $100 million to causes ranging from education to
health, flood relief, poverty alleviation and the arts. He also acquired a
yacht, which he named after his mother, Amiya. Dangote started building his
fortune more than three decades ago when he began trading in commodities like
cement, flour and sugar with a loan he received from his maternal uncle. He
delved into full production of these items in the early 2000s and went on to
build the Dangote Group, West Africa's largest publicly-listed conglomerate,
which now owns sugar refineries, salt processing facilities and Dangote Cement,
the continent's largest cement producer. A fitness buff, Dangote jogs everyday.
Microsoft Chairman, Bill Gates, a perennial top finisher
in the list, placed second with $67 billion, up $8 billion from 2012. Ortega,
whose Inditex fashion group includes the popular Zara chain, vaulted from the
seventh position into the third spot. His wealth is now estimated at $57
billion, rocketing from $31 billion a year ago.
Berkshire Hathaway’s Warren Buffett ranked fourth
with $53.5 billion, while Oracle’s Larry Ellison is fifth with $43 billion.
Asia’s richest man, Li Ka-shing, came eighth with
$31 billion. He owes his fortune to his sprawling transportation, trading and
energy businesses. Forbes’s 2013 list of the world’s richest people includes
1,426 billionaires, a record number, with a total net worth of $5.4 trillion,
up from $4.6 trillion in the previous ranking.
Also, Mexican tycoon, Carlos Slim, Microsoft’s Bill
Gates and Zara fashion house owner, Amancio Ortega of Spain, were yesterday
announced as topping the Forbes list of the world’s wealthiest billionaires.
1 comments
Be intellectual enough tо sеe that your ad
ReplyDeletedoes not go оn aіг on a unseemly show ; a Christiаn boοk
going on aіr on a shоw that іѕ about handling sexual issues would be riԁіculous.
Whіlе the effects of аntenna polarizatіon may be interprеted as a гeԁuction
in the quality of some гaԁio lіnκs,
some гadiо designerѕ often make use of this
prоρerty to tune an аntеnna to their nеeds by rеѕtricting tranѕmissiоn
or reception tо sіgnals on a limited numbеr of vectors.
Ρroffering multifarious benefits to the adveгtisers, it is а
quintеѕsentіal resort for companies big оr
ѕmall.
my blog :: kostenlos spiele spielen