Alhaji Aliko Dangote, Africa’s richest man, has been ranked 117th in the latest Bloomberg world highest billionaires Index.
This was captured in a daily ranking of world’s richest people which is updated at the close of every trading day in New York.
While Elon Musk tops the list with a net worth of $194bn and closely followed by Jeff Bezos who also has a net worth of $194bn, Bernard Arnault took the third spot with $174bn.
Dangote is said to have a net worth of $17.8bn.