Dangote's Fortune Set to Jump $23 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…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.