BREAKING: Forbes announces 2018 Billionaires list, Nigerian Aliko Dangote is world’s 100th richest billionaires with a net worth of $14.1Billion

Forbes magazine has announced 2018 Billionaires list with Tech Guru, Jeff Bezos taking the number one spot as world’s most richest billionaires.

Forbes pinned down a record 2,208 billionaires from 72 countries and territories including the first ever from Hungary and Zimbabwe.

This elite group is worth $9.1 trillion, up 18% since last year. Their average net worth is a record $4.1 billion. Americans lead the way with a record 585 billionaires, followed by mainland China with 373.

Centi-billionaire Jeff Bezos secures the list’s top spot for the first time, becoming the only person to appear in the Forbes ranks with a 12-figure fortune. Bezos’s fortune leapt more than $39 billion, the list’s biggest one-year gain ever.

He moves ahead of Bill Gates, who is now number 2. It is the biggest gap between no. 1 and 2 since 2001. Bernard Arnault, with a fortune of $72 billion, reclaims the title of richest European for the first time since 2012.

According to Forbes’ 2018 ratings, Aliko Dangote’s real net worth is $14.5Billion and 2018 Billionaires net worth as of 6th of March 2018 is $14.1Billion.

Dangote, Africa’s richest man, founded and chairs Dangote Cement, the continent’s largest cement producer.

He owns nearly 88% of publicly-traded Dangote Cement through a holding company.

Dangote Cement produces 44 million metric tons annually and plans to increase its output 33% by 2020.

Dangote also owns stakes in publicly-traded salt, sugar and flour manufacturing companies in Nigeria and other African countries.

Dangote is married with 3 kids.

Dangote’s grandfather was a successful trader of rice and oats in Kano, Nigeria’s second largest city.

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