Aliko Dangote is richest black man in the world, says Forbes magazine

Forbes an American magazine has published the list of the 10 richest black men in the world for 2015 with Aliko Dangote in the first position.

In its latest edition dated Jan 24, the magazine said that with asset worth 21.6 billion dollars, Dangote is not only the richest man in Africa, but also the richest black man in the world.

The magazine said the Nigerian multi billionaire built his fortunes from the production of cement, flour and sugar.

According to the magazine, Dangote is currently constructing private oil refinery, fertilizer and petrochemical plants in Nigeria.

The magazine also listed four other Nigerians among the 10 richest black men in the world.

They are Mr Mike Adenuga the CEO of Globacom with asset worth 4.6 billion dollars, Mrs Folorunsho Alakija with asset worth 2.6 billion dollars.

Others are Mr Theophilus Danjuma with asset worth 1.1 billion dollars and Mr Tony Elumelu with asset worth1 billion dollars.