NigeriaN business magnate, Alhaji Aliko Dangote is now the 51st richest man in the world and first in Africa in Forbes latest ranking for 2016.
Dangote, who has diverse investment in sugar, cement, flour and beverage among others is valued by Forbes to be worth $15.4billion.
Another Nigerian on the list is chairman, Globacom Group, Mike Adenuga who is 103rd, with wealth valued at about $10 billion.
The United States has 540 billionaires, more than any other country in the world. It’s followed by mainland China with 251 (Hong Kong has another 69) and Germany with 120. Russia has 77, ten-figure fortunes, 11 fewer than last year, while Brazil is down to 23 from 31.