Nigeria’s Aliko Dangote has become the 63rd richest billionaire in the world, according to the latest ranking by Bloomberg.
In the ranking released on Wednesday, the Chief Executive Officer of Tesla, Elon Musk, is listed as the richest billionaire.
Dangote, who moved up 37 places on the recent Bloomberg billionaire list, is worth $20.2 billion as of Monday, July 13, 2022.
He sat as the 65th richest man in the world as of Friday, July 8, 2022.
The Bloomberg Billionaires Index is a daily ranking of the world’s richest people.
“Details about the calculations are provided in the net worth analysis on each billionaire’s profile page. The figures are updated at the close of every trading day in New York,” Bloomberg said.
Dangote, Africa’s richest person controls Dangote Industries, a closely held conglomerate.
He owns 85 per cent of publicly-traded Dangote Cement through a holding company.
Dangote Cement has the capacity to produce 48.6 million metric tons annually and has operations in 10 countries across Africa. After many years in development, Dangote’s fertilizer plant in Nigeria began operations in mid-2021. Dangote Refinery has been under construction since 2016 and is expected to be one of the world’s largest oil refineries once complete.
Among the top ten richest billionaires on the list are Elon Musk, Jeff Bezos, Bernard Arnault, Bill Gates, Gautam Adani, Larry Page, Sergey Brin, Warren Buffett, Steve Ballmer, and Larry Ellison.
Top 100 billionaires list, their net worth, country and industry, according to Bloomberg
1 Elon Musk $214B -$789M -$56.1B United States Technology
2 Jeff Bezos $133B -$2.58B -$59.7B United States Technology
3 Bernard Arnault $128B +$1.72B -$49.6B France Consumer
4 Bill Gates $114B -$1.76B -$24.4B United States Technology
5 Gautam Adani $110B +$2.09B +$34.0B India Industrial
6 Larry Page $103B -$1.30B -$24.9B United States Technology
7 Sergey Brin $99.2B -$1.21B -$24.3B United States Technology
8 Warren Buffett $96.5B -$297M -$12.4B United States Diversified
9 Steve Ballmer $90.0B -$3.47B -$15.7B United States Technology
10 Larry Ellison $87.1B -$1.08B -$20.1B United States Technology
11 Mukesh Ambani $86.1B -$206M -$3.85B India Energy
12 Carlos Slim $73.7B +$256M -$72.1M Mexico Diversified
13 Zhong Shanshan $70.4B -$922M -$9.39B China Diversified
14 Charles Koch $68.2B +$21.2M +$6.96B United States Industrial
15 Julia Flesher Koch & family $68.2B +$21.2M +$6.96B United States Industrial
16 Francoise Bettencourt Meyers $68.1B +$1.67B -$25.6B France Consumer
17 Mark Zuckerberg $60.7B +$134M -$64.8B United States Technology
18 Jim Walton $58.7B -$150M -$5.86B United States Retail
19 Rob Walton $58.2B -$98.5M -$5.82B United States Retail
20 Alice Walton $56.6B -$99.9M -$6.02B United States Retail
21 Jacqueline Badger Mars $49.8B +$122M -$1.35B United States Food & Beverage
22 John Mars $49.8B +$122M -$1.35B United States Food & Beverage
23 Amancio Ortega $49.2B +$1.30B -$18.4B Spain Retail
24 Michael Dell $47.8B -$55.5M -$7.20B United States Technology
25 Alain Wertheimer $44.7B +$410M +$11.8B France Consumer
26 Gerard Wertheimer $44.7B +$410M +$11.8B France Consumer
27 Zhang Yiming $44.5B $0 $0 China Technology
28 Zeng Yuqun $42.9B -$1.29B -$10.2B Hong Kong Industrial
29 Phil Knight & family $39.7B -$468M -$22.6B United States Consumer
30 Giovanni Ferrero & family $39.5B +$26.3M +$3.61B Italy Food & Beverage
31 Jack Ma $37.2B -$63.9M -$1.23B China Technology
32 Ma Huateng $36.9B -$434M -$10.0B China Technology
33 Klaus-Michael Kuehne $36.2B -$158M -$5.53B Germany Industrial
34 Francois Pinault $35.6B +$361M -$17.2B France Consumer
35 Len Blavatnik $32.9B +$74.9M -$8.75B United States Diversified
36 Vladimir Potanin $31.4B -$240M +$585M Russian Federation Commodities
37 Stephen Schwarzman $30.8B -$306M -$7.10B United States Finance
38 Li Ka-shing $30.6B -$196M +$1.28B Hong Kong Real Estate
39 Ken Griffin $28.9B +$42.4M +$7.58B United States Finance
40 William Ding $28.1B -$63.8M -$4.54B China Technology
41 MacKenzie Scott $26.3B -$750M -$30.0B United States Technology
42 Leonard Lauder $26.3B -$104M -$11.3B United States Consumer
43 Tadashi Yanai $26.1B -$69.2M -$3.52B Japan Retail
44 He Xiangjian $25.8B +$334M -$5.65B China Consumer
45 Azim Premji $25.4B -$137M -$15.9B India Technology
46 Miriam Adelson $25.2B +$425M -$1.35B United States Entertainment
47 Leonid Mikhelson $25.0B -$249M -$7.42B Russian Federation Energy
48 James Simons $25.0B -$50.0M -$525M United States Finance
49 Wang Chuan-Fu $24.5B -$1.20B +$1.92B China Consumer
50 Dieter Schwarz $24.1B -$9.59M -$4.84B Germany Retail
More details soon..