Dangote: Now Forbes African Most Powerful man

Alhaji Aliko Dangote have emerge 64th position and 1st in Africa in the recently released 2013 Forbes World Most powerful list. The same list did not feature the Nigeria President-Dr Goodluck Jonathan.
President Vladimir Putin of Russia displaced President Obama of USA from number one position.Forbes list is published annually by publisher of Forbes magazine.

Aliko Dangote
By World Economic Forum [CC-BY-SA-2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

The top ten on the list are:

1)Vladimir Putin, Russian President

2) Barack Obama, US President

3) Xi Jinping, Chinese President

4) Pope Francis, Roman Catholic Church

5) Angela Merkel, German Chancellor

6) Bill Gates, co-chair, Bill & Melinda Gates Foundation

7) Ben Bernanke, Federal Reserve chairman

8) Abdullah bin Abdul Aziz Al Saud

9) Mario Draghi, European Central Bank president

10) Michael Duke, Wal-Mart CEO

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12 things about Dangote’s Wealth

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12 things about Dangote’s Wealth

Aliko Dangote
Source:  By World Economic Forum [CC-BY-SA-2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

•           He was the first documented billionaire in dollar terms from Nigeria.
• ·         He currently worth about one fifth of the current World richest Man-Carlos Slim Helu
• ·         He is current the African Richest Man
• ·         He is 43^rd position in current Forbes World Richest list after Lakshmi Mittal and    ahead of Len  Blavatnik
• ·         He moved 34 positions up to present position between 2012 and now.
• ·         He is currently worth $16.1 billion according to Forbes
• ·         He started real business at age of 21
• ·         He started business with about $300,000
• ·         He has grown 53,666% from the initial business loan
• ·      His current asset in cash equivalent can finance the current Nigeria Government  budget for the next 10 months and Niger Delta oil would rest.
• ·         If he is to distribute his wealth today he will give every Nigeria about $100 each
• ·      He is worth about 6% of Nigeria GDP( value of all final goods and services produced in 2012), mind you Nigeria is the 37th largest economy in  the World in term of GDP(IMF).