The wealth of Aliko Dangote, the president of the Dangote Industries Limited (DIL), has reached a new milestone, as the business mogul’s net worth hit the $30 billion mark.
According to the Bloomberg Billionaires Index, Dangote’s net worth increased by $2.25 billion to $30.3 billion as at October 24.
The billionaire businessman moved up to the 75th position, making him the only African on the top 100 billionaires’ list.
The feat comes two weeks after Dangote Cement, a subsidiary of the Dangote Group, officially launched its operations in Attingué, an industrial area in Côte d’Ivoire.
While the plant expands the industrialist’s assets, back home, Dangote has been bullish in Nigeria’s oil industry in the last year, since his multi billion dollar oil refinery became operational.