Aliko Dangote beats Chelsea's owner, others on the world billionaire's list

Nigerian billionaire and business mogul, Aliko Dangote, has now moved up on the world billionaire's list.

Dangote is now the 64th richest person in the world with an estimated net worth of $16.6 billion.
With the latest development, it means Dangote has moved from 103rd in the world, according to previous rankings.

According to Bloomberg’s list, Jeff Bezos, CEO of Amazon, remains the richest man in the world with $136 billion while Bill Gates and Warren Buffett followed as second and third respectively with $98.4 billion and $83 billion on the world billionaires list.

However, there are only five Africans on the Bloomberg list of the world’s top 500 billionaires, with Dangote topping them.

The other four Africans include Nicky Oppenheimer of South Africa, who was ranked No. 216 with an estimated worth of $7.05 billion; Johann Rupert of South Africa (ranked No. 225 with an estimated worth of $6.92billion) and Natie Kash of South Africa (ranked No. 263 with an estimated worth of $6.10billion). The fifth and last African on the list of 500 richest individuals was Naguib Sawiris of Egypt, ranked No. 331 with an estimated fortune of $5.12billion.