Dangote moves from the 76th to the 43rd richest man in the world

Nigerian businessman and philanthropist, Alhaji Aliko Dangote is now the 43rd richest man in the world, according to the Richest People in the World list Forbes released yesterday.

Dangote moved from 76th with a net worth of $11.2billion in 2012 to 43rd with a net worth of $16.1bn as of March 2013. So he made about $5billion in one year! Chineke!

Dangote is still the richest man in Africa. The other Nigerian billionaire on the Forbes Billionaires list is single Paddy Adenuga's dad, Global chairman Mike Adenuga, who ranked 269 with a net worth of $4.7bn.

Mexican telecoms tycoon Carlos Slim is the world's richest man with a net worth of $73bn, while Bill Gates is the second with a net worth of the $67bn. 3rd is Armancio Ortega of Spain ($57bn), 4th is Warren Buffet ($53.5bn), and 5th is Larry Ellison with $43bn net worth.