Forbes Ranks Dangote Over Jonathan, Putin Over Obama

The founder, Dangote group, Aliko Dangote, has been named by Forbes magazine as the 64th most powerful person in the world, more powerful than all African leaders, including President Goodluck Jonathan.

The survey also put him as more powerful than all African heads of state, including President Goodluck Jonathan.
The 56-year old Kano born richest man in Africa is the only African on the first 70 names on the list, closely followed by Sudanese born telecoms magnate, Mo Ibrahim.
Mr. Dangote and the founder of Oracle, Larry Ellison (number 58) are the latest billionaire-entrepreneurs to join the list alongside 27 CEOs.
The businessman has a networth of $16.1billion and diversified interests in cement, sugar, flour, salt, petrochemicals, oil and gas.
The self-made billionaire announced in May his ambition to overhaul Nigeria’s petroleum industry, with plans to build Africa’s largest petroleum refinery in the country at estimated cost of $2billion.
The 2013 list, which was released on Wednesday featured no African President while 17 other heads of state that run nations with a combined GDP of some $48 trillion made the list.