A daily list of the wealthiest individuals worldwide is provided by the Bloomberg Billionaires Index.

Via a family trust, the 74-year-old South African owns the majority stake in Cie Financiere Richemont, the biggest luxury watch manufacturer in the world. Jaeger-LeCoultre and Cartier are two of the brands owned by the Bellevue, Switzerland-based firm.

Remgro, an investment vehicle in Stellenbosch, South Africa, has shares in over 30 companies and is one of his other assets.

All of Dangote’s wealth, nevertheless, comes from his 86% ownership of the publicly traded Dangote Cement.

Both directly and through his conglomerate, Dangote Industries, he has shares in the business.
Other publicly listed assets owned by Dangote include shares in United Bank for Africa, Nascon Allied Industries, and Dangote Sugar.

His investments span a number of businesses, including the production of food, oil, and fertilizer.

He also controls the Dangote Refinery, a 650,000 barrels per day integrated refinery headquartered in Lagos State.

Other African billionaires in the top five include Nicky Oppenheimer (South Africa) in third place with $11.3bn net worth; Nassef Sawiris (Egypt) with $9.37bn; and Natie Kirsh (South Africa) with $9.14bn.

The top ten richest men in the world, as per the Bloomberg Billionaires Index, are:

United States’ Elon Musk — $236 billion
France’s Bernard Arnault — $198 billion
Jeff Bezos: $197 billion (US)
The United States’ Mark Zuckerberg — $185 billion
United States’ Bill Gates: $160 billion
US businessman Larry Ellison: $153 billion
United States’ Larry Page: $149 billion
United States’ Warren Buffett: $145 billion
United States’ Steve Ballmer: $144 billion
United States’ Sergey Brin — $140 billion