Africa's richest man, Dangote ends 2019 $4.3m richer



62 year Nigerian Billionaire, Alhaji Aliko Dangote ended the decade with a net worth of almost $15 billion, making him the 96th wealthiest man in the world.


div dir="auto"> According to the Bloomberg Billionaires Index, His fortune currently grows on the back of investments in cement, flour and sugar. Being Africa's richest man, Aliko Dangote, became $4.3 billion richer in 2019.


Born into a wealthy Muslim family of traders in the north, Dangote incorporated his own business selling cement at 21.

He shifted to manufacturing building materials in the 1990s, helped by government policies that encouraged ways to reduce the need for imports.

The year 2020 will hopefully significant for the billionaire, who is close to launching one of the world's largest oil refineries in Nigeria.

The plant has the capacity to meet more than Nigeria's entire fuel consumption and could transform an economy that currently imports all its refined product needs.

Dangote is also constructing a fertilizer factory on the same site.

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