richest black man. His total net worth stands at $16.1 bn as at March, 2013 and is ranked by Forbes Magazine as the 43rd richest person in the world and the richest man in Africa Dangote started increasing his fortune more than three decades ago when he started by trading in commodities like cement and conglomerates like flour and sugar with a loan he received from his maternal uncle. He eventually started production of these products and went on to build the Dangote Group, a company that has grown to become West Africa’s largest publicly-listed conglomerate company, which now owns sugar refineries, salt processing facilities and his Lagos-based company is Africa’s biggest cement manufacturer and it also makes enormously popular food products such as noodles, spaghetti and milk.
Note that this list only features the richest men in Africa who made their wealth mostly through legitimate means.
Read more: http://answersafrica.com/richest-people-in-africa.html#ixzz2UUfxspad
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