Aliko Dangote
The President , Dangote Group , Alhaji
Aliko Dangote , saw his net worth
increase by $162 m to $ 16. 2bn on
Thursday , as the Founder of Amazon, Jeff
Bezos, briefly overtook Microsoft ’s Bill
Gates to claim the title of the world ’ s
richest person.
According to a real- time billionaires’
index compiled by Forbes, the net worth
of the Chairman of Globacom, Dr . Mike
Adenuga, rose by $ 7 m to $ 6. 2 bn.
The net worth of the Founder and
Executive Chairman, Famfa Oil Limited ,
Mrs. Folorunsho Alakija, was unchanged
at $1 . 6bn .
Bezos leapfrogged Gates, who has been
the richest man on the planet since 2013 ,
after a rise in the share price of Amazon
ahead of its latest results due later on
Thursday .
According to the Forbes ’ index, the rise
pushed the value of Bezos ’s fortune to
$ 91bn , compared with Gates ’ wealth of
$ 90bn .
But as Amazon shares fell back , Gates
regained the top spot.
Their riches are calculated on the share
prices of their respective companies and
at the current values , Bezos’ s stake is
twice as big as the carmaker Ford .
Amazon shares have soared this year ,
making the company worth more than
$ 500bn and boosting Bezos ’s wealth , as
he owns 17 per cent of the company ,
according to Punchng.
He also has a number of other
investments, including in Google, Uber ,
Twitter and airbnb, worth more than
$ 5 bn.
At the start of 2017 , Bezos was ranked
the fourth richest in the world , behind
Gates, the investor Warren Buffett and
Amancio Ortega, who founded Inditex ,
the company behind retailer Zara .
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