1. Aliko Dangote
Net Worth: $21.6 Billion
Rank In Nigeria: #1
Rank in Africa: #1 (#1 in 2013)
Heralded by some as the face of the new Nigeria, Aliko Dangote, Africa’s richest man, is looking beyond cement, sugar and flour — the three commodities that built his fortune — to the oil business.
In April he announced $9 billion in financing from a consortium of local and international lenders to construct a private oil refinery and fertilizer and petrochemical complex in the country.
In August he said he would invest $1 billion in commercial rice farming and modern rice mills.
His publicly traded Dangote Cement is also grabbing new markets in Africa, with $750 million in new plants planned for Kenya and Niger.
He made his first fortune more than three decades ago when he started trading commodities with a loan from his powerful uncle.
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