THE latest Bloomberg Global Billionaires Index has ranked the President of Dangote Group, Aliko Dangote, at number 117th.
The index is a daily ranking of the world’s richest people. Details about the calculations are provided in the net worth analysis on each billionaire’s profile page.
In the index, which usually has its figures updated at the close of every trading day in New York, Dangote was on Tuesday said to have a net worth of $17.8bn.
On top of the index is Tesla’s Elon Musk with a net worth of $194bn, closely followed by Amazon’s Jeff Bezos who is also worth $194bn.
At $174bn, Bernard Arnault ranked third. The position was recently held by Microsoft boss, Bill Gates, who lost it after some stock transfers to his ex-wife after their divorce was concluded days ago.
Mark Zuckerberg of Facebook is occupying the fifth position with a net worth of $135bn.