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» »Unlabelled » Dangote now 68th most powerful person— Forbes

President/Chief Executive, Dangote Industries Ltd, Aliko
Dangote has been ranked among the World’s most
powerful 72 people by Forbes Magazine.
The continent’s foremost billionaire is listed as the 68th
most powerful person in the world, and is one of only
two Africans to appear on this year’s list. Africa’s most
powerful man is Egyptian President Abdel Fattah el-
Sisi. He ranks 51st on the power list. According to the
ranking of the World’s Most Powerful People, Dangote is
the second most powerful man in Africa.
Russian President, Vladimir Putin is ranked number
one on the list followed by President of United States,
Barack Obama, Chinese President, Xi Jinping, Pope
Francis and Angela Merkel, the German Chancellor.
The Magazine writing on Dangote stated, “heralded by
some as the face of the new Nigeria, Africa’s richest man
is looking beyond cement, sugar and flour — the three
commodities that built his fortune — to the oil business.
In April he announced $9 billion in financing from a
consortium of local and international lenders to
construct a private oil refinery and fertilizer and
petrochemical complex in the country.”
It should be recalled that Consumer News and Business
Channel (CNBC) recently ranked Dangote as one of the
25 most influential people in the world in terms of
having a profound impact on business and finance.
A CNBC spokesman said: “They have disrupted
industries, sparked change and exercised an influence
far beyond their own companies. As CNBC embarks on
its second quarter-century, it faces a world completely
altered from when it started.
In its latest survey CNBC, global financial and business
outfit ranked Dangote as 23rd among the first 25 people
who have impacted the business world most since 1989 .
Apple Computers founder Steve Jobs topped the list
followed by, Bill Gates, with other names on the list
including Ben Bernanke, Alan Greenspan, Sergey Brin,
Larry Page and Eric Schmidt.
Other notable names on the 25-man list included Jeff
Bezos, Warren Buffet, Oprah Winfrey, Mark Zuckerberg,
Jack Bogle, Larry Ellison, Rupert Murdoch, Jack Welch,
Narayana Murthy, Howard Schuldt, Bernard Arnault
and Li Ka-shing. Also on the list are Carl Icahn, Meg
Whitman, Amancio Ortega, Michael Bloomberg, Sandy
Weill, Cher Wang, Martha Stewart and Carlos Slim.
Influential persons
The TIME Magazine in 2013 named Dangote among
the100 most influential persons on earth. Bill Gate,
Microsoft Founder and Co-Chair, Bill and Melinda Gate
wrote a tribute in honour of Dangote in commemoration
of his listing by the Time magazine. Gate dwelled
extensively on the philanthropic gestures of the President
of the Dangote Group in the areas of health especially
polio eradication and job creation efforts.
Gates, described him as a man who does good in
addition to doing well. Wrote he: “… his business
activities drive economic growth across the continent.
That’s impressive, but I know him best as a leader
constantly in search of ways to bridge the gap between
private business and public health. It’s for that reason
he helped create the Nigeria Private Sector Health
Alliance. And it’s for that reason he is an advocate for
agricultural research and malaria control.”
Time 100 is an annual list of the 100 most influential
people in the world assembled by the American news
magazine TIME. First published in 1999 as the result of
a debate among American academics, politicians, and
journalists, the list is now an annual event.
Although appearing on the list is often seen as an
honor, TIME makes it clear that entrants are recognized
for changing the world, regardless of the consequences
of their actions.

The Vanguard

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