Dangote Becomes 63rd, Musk Tops 100 Billionaires Ranking

Nigeria’s Aliko Dangote is now the 63rd richest billionaire in the world, according to the latest ranking by Bloomberg.

In the ranking issued 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.

“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 percent of publicly-traded Dangote Cement through a holding company.

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.