The Nigeria Business mogul Aliko Dangote is undisputed Africa’s richest man in Forbes billionaires ranking On January 10, 2019.

Dangote won this position for the eighth time back to back to retain the title of Africa’s richest man.

Although his previous net worth of $12 billion came down to $10billion thereby bringing close the Globacom chairman, Mike Adenuga with current net worth of $9.2bn as his closest rival.

Review of 2018 to January 2019 shows that:

Aliko Dangote saw his wealth reduced by $2bn from his previous $12.2bn to $10bn in 2019 while Mike Adenuga’s net worth nearly doubled from $5.3bn to $9.2bn in 2019.

The Founder and Executive Chairman, Famfa Oil Limited, Mrs Folorunsho Alakija, ranked 19th as her net worth came down to $1.1bn from her previous $1.3bn.

The Chairman/Chief Executive Officer, BUA Group, Abdulsamad Rabiu, also join the list for the first time since 2015.