Forbes: Africa richest man drops on world billionaires list

Aliko Dangote

Forbes Magazine has released a list of 2017 “The World’s Billionaires” with US tycoon Bill Gates featuring in No.1 position after toppling boss, Jeff Bezos.

Bill Gates, the owner of Microsoft is worth $89.8 B; second placed Jeff Bezos, the Amazon founder is worth $85.3B.

In third place is Amancio Ortega from Spain worth $83.1B followed by Warren Buffett [$74.5 B] from Berkshire Hathaway United States in 4th place, Mark Zuckerberg, the Facebook founder [$70.8B] in fifth place and Carlos Slim Helu of telecom [$68.5B] from Mexico in sixth place.

Larry Ellison [$60.9B] of software is in 7th place, Michael Bloomberg [$53.3] of Bloomberg in eight place, Bernard Arnault [$52.9B] from France in 9th place and David Koch [$48.5 B] in 10th place.

Nigerian businessman Aliko Dangote has fallen from being the 51st richest person in the world to the 105th.


However, Forbes magazine reports that Dangote’s wealth dropped from $15.4bn (£11.8bn) in 2016 to $12.2bn this year, due to Nigeria’s currency being devalued.

Dangote, who made his fortune in the production of cement, sugar and flour, made international headlines in 2016 when he said he wanted to buy Arsenal Football Club within the next four years.

Here is the full Forbes list of world’s billionaires



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