Dangote’s Fortune Set to Jump to $58 Bln on Refinery IPO
Africa’s richest man, Aliko Dangote, is poised to make a $23 billion leap up the list of the world’s wealthiest as he opens an initial public offering for his refinery.
The tycoon’s net worth is projected to reach as much as $58.2 billion with the IPO of Dangote Petroleum Refinery and Petrochemicals Fze, according to Bloomberg calculations, surpassing US hedge fund tycoon Ken Griffin and tech billionaire Eric Schmidt. Bloomberg’s Anthony Osae-Brown reports.
