Forbes List: Aliko Dangote Moves Up to 43rd Richest Man in the World while Mike Adenuga takes the 269th Spot

Latest Forbes ranking reveals that Nigerian billionaire business
mogul, Aliko Dangote has moved up in the latest Forbes world's richest
ranking from the 76th position which he maintained in 2012 to the 43rd
position.
According to the list which was released on Monday by Forbes, Dangote
–President of Dangote Group and Chairman of Globacom, Mike Adenuga
were the only Nigerians on the list.
With a net worth of $16.1 Billion as of March 2013, Dangote retained
his position as the richest man in Africa. Meanwhile, Adenuga ranked
269 on the list with a net worth of $4.7 Billion.
Here's what Forbes had to say about Dangote:
Nigerian Cement tycoon retains his position as Africa's richest man
for the third year in a row.
The past year has been eventful for Dangote. In October, he sold off a
controlling stake in his flour milling company to Tiger Brands of
South Africa. He pocketed $190 million in cash. In February, his
Dangote Sugar Refineries acquired a 95% stake in Nigerian sugar
producer Savannah Sugar in a bid to maintain its dominant position in
the Nigerian sugar industry. Dangote stepped up his philanthropy in
the past year, giving over $100 million to causes ranging from
education to health, floodrelief, poverty alleviation and the arts. He
also acquired a yacht, which he named after his mother, Amiya. Dangote
started building his fortune more than three decades ago when he began
trading in commodities like cement, flour and sugar with a loan he
received from his maternal uncle. He delved into full production of
these items in the early 2000s and went on to build the Dangote Group,
WestAfrica's largest publicly-listed conglomerate,which now owns sugar
refineries, salt processing facilities and Dangote Cement, the
continent's largest cement producer. A fitness buff, Dangote jogs
everyday.
The list also reports that Carlos Slim (Mexico) maintains his position
as the world's richest man with a networth of $73 Billion followed by
Bill Gates
(United States) with a net worth of $67Billion. Amancio Ortega (Spain)
takes the third position with a net worth of $57Billion, Warren Buffet
(United States) ranks fourth with $53.5 Billion while Larry Ellison
(United States) ranks fifth with $43 Billion.