DANGOTE-RICHEST AFRICAN IN THE WORLD

Nigerian businessman Aliko Dangote has been named the Richest African In The World by Forbes magazine.

The criteria used by Forbes to determine the Richest African In The World Includes:

• The value of shares held in quoted companies
• The size and market share of his/her companies
• Number of companies he/she owns 
• Assumed value of the companies and the impact of his/her companies on his/her homeland

Fifty six year old Dangote is a Nigerian business magnate who owns Dangote group,a group of companies that has interests in commodities with operations in its homeland and several other countries.

Aliko Dangote's estimated net worth is $16.1 billion USD