Dangote slides to 37th world's richest business man in 24 hours

President, Dangote Group, Alhaji Aliko Dangote

Billionaire business mogul, Aliko Dangote, slid down 14 places to 37^th position in the World Richest Persons list within 24 hours.

Dangote, the President, Dangote Group, who remains Africa’s richest person, was ranked 23^rd on Thursday by Forbes.

A check on Forbes website on Friday, however, revealed that the business mogul, who is said to be worth about $21bn, is now ranked 37^th richest person.

Before Thursday’s ranking as the world’s 23^rd richest person, Dangote, the first black person to be so ranked, occupied the 43^rd position in the world.

The owner of indigenous telecoms company, Globacom, Chief Mike Adenuga, was the next Nigerian on the list, with a wealth of $4.6bn, maintaining the 325th position in the world, while Folorunsho Alakija, with $2.5bn, was 687th in the world, and Abdulsamad Rabiu in the 1,372th position in the world, with $1.2bn.
American billionaire, Bill Gates, reclaimed the title of world’s richest person from telecoms mogul, Carlos Slim Helu, of Mexico after four years.
Gates, according to Forbes, raked in extra $9bnin the last one year and has been at the top of the list for 15 of the past 20 years.
Spanish clothing retailer, Amancio Ortega (best known for the Zara fashion chain) retains the number three spot for the second year in a row, extending his lead over Warren Buffett, who is again number four.
Dangote has also been named the world’s 68th most powerful person.