Sunday, 8 November 2015

Dangote Hits Forbes' Most Powerful People List




Aliko Dangote, the richest person in Africa, has been included in the Forbes list of the 100 most powerful people in the world.
The 58-year-old businessman occupies position 71, with his wealth estimated at $16.7 billion.
Having analyzed the names on the list, Vanguard has concluded that besides Barack Obama, Dangote is the only black person included. Moreover, the billionaire is considered more powerful than the Republican Party contender for the US presidency, Donald Trump, who occupies position 72.
President Vladimir Putin Russia tops the list. He is followed by the German chancellor Angela Merkel. The third and the fourth positions went to US President Obama and Pope Francis, respectively.
According to Bloomberg, those on the list build companies and assemble fortunes, shape economies and spread ideas.
Bloomberg’s note about Dangote reads:
“The founder of Dangote Group, Africa’s most successful businessman, built his fortune in sugar, textiles, and cement in his native Nigeria where, today, he is a political as well as a financial power broker. He is expanding in other countries and may list his cement company in London Stock Market.”

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