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Business News of Sunday, 12 March 2023


Aliko Dangote, other African billionaires get USA recognition alongside other black billionaires

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Some of Africa's richest men are getting international recognition for their wealth.

South African billionaire Patrice Motsepe and Nigerian billionaire Aliko Dangote were recently included on the Complex Top Black Billionaires of the World list alongside the likes of TV personality Oprah Winfrey, hip hop artist Jay Z and basketball player Micheal Jordan, according to Africa Facts Zone.

Dangote and Motsepe were two of the nine black billionaires featured in the international publication's list as part of Black History Month.

Nigerian industrialist Dangote is undoubtedly the wealthiest man in Africa, with a net worth of $13.5 billion at the start of 2023, according to Forbes.

The Nigerian billionaire surpassed the likes of Jay Z with a net worth of $1.3 billion and Oprah Winfrey, who has a net worth of $2.7 billion.

Much to many social media users' surprise, South Africa's richest black man, Patrice Motsepe's net worth is more significant than Oprah Winfrey's riches, sitting at $2.9 billion at the start of 2023. Mostepe was third on the Complex list, just behind US billionaire Robert Smith.