Nigeria’s Aliko Dangote has retained his place as the richest man in Africa.
Dangote remain number one on the newly released Forbes’ list of African billionaires.
He however, lost almost $2bn compared to his last year’s worth.
The list was released on Wednesday.
Dangote’s estimated $10.3 billion net worth is nearly $2 billion less than a year ago.
Another Nigerian, Folorunsho Alakija was one of the billionaires, who suffered a drop in their net worth between last year and this year, as she held No 19 on the 20-man list.
The rating magazine report that, Alakija’s net worth dropped due to a decline in the value of one of Nigeria’s most productive oil fields.
However, Mike Adenuga, the owner of Globacom, emerged Africa’s second richest man. He is worth an estimated $9.2 billion.
Others are Nigeria’s cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, standing at number 16 on the list for the first time since 2015.
Here is the list of the top 10 richest men in Africa according to Forbes;
Aliko Dangote (Worth $10.6)
Aliko Dangote is a Nigerian business head honcho, financial specialist, and proprietor of the Dangote Group, which has interests in wares in Nigeria and other African countries. As of March 2019, he had an expected total assets of US$10.6 billion.
Dangote is positioned by Forbes magazine as the 100th-most extravagant individual on the planet and the most extravagant in Africa, and crested on the rundown as the 23rd-most extravagant individual on the planet in 2014. He outperformed Saudi-Ethiopian tycoon Mohammed Hussein Al Amoudi in 2013 by over $2.6 billion to turn into the world’s most extravagant individual of African heritage.