Dangote

Dangote’s Fortune Soars, Climbs From 144th To 86Th Richest In The World

Dangote’s Fortune Soars, Climbs From 144th To 86Th Richest In The World

With his assets valued at $23.9 billion, business mogul Aliko Dangote has been ranked as the 86th richest person in the world, according to Forbes magazine. He retains his position as Africa’s wealthiest individual, with his fortune surging by 100 percent in the past 12 months. Dangote climbed from 144th place in last year’s ranking—when his net worth stood at $13.4 billion—to his current position, largely due to his 92.3 percent stake in Dangote Petroleum Refinery & Petrochemicals. At 67, he has re-entered the top 100 richest individuals globally, a position he last held in 2018, according to the Forbes…
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‘The Mafia In The Oil Industry Is More Deadly, But I Have Been Fighting Battles All My Life’ – Dangote

‘The Mafia In The Oil Industry Is More Deadly, But I Have Been Fighting Battles All My Life’ – Dangote

Nigerian industrialist and billionaire Aliko Dangote has once again raised concerns about the existence of a powerful “oil mafia” within the downstream petroleum industry, describing it as more dangerous than drug cartels due to its widespread influence and deep-rooted networks. Speaking in an exclusive interview with Forbes, Dangote emphasized the challenges he has faced in establishing and operating the $23 billion Dangote Refinery, which is Africa’s largest and the world’s sixth-largest by production capacity. “The oil mafia is more deadly than the one in drugs because, with the oil mafia, there are so many people involved,” Dangote stated. “You might…
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