Jubilation As Nigerian Billionaire Aliko Dangote Now Richer Chelsea FC Owner Roman Abramovich

• Aliko Dangote’s net worth has risen by $934 million since the first trading day of the current calendar year
• Bloomberg reports that the Nigerian billionaire overtakes Russian businessman and owner of Chelsea Football Club Roman Abramovich on the publication's billionaires list
• Dangote who was ranked the 97th richest man on the planet in January is now the 83 richest man according to the report

Nigerian billionaire Aliko Dangote has seen his net worth rise by $934 million since the first trading day of the current calendar year, Bloomberg reports.

Dangote’s net total fortune is now worth $20 billion making him the 83rd richest person in the world at the moment as he overtakes Russian businessman and owner of Chelsea Football Club Roman Abramovich on the publication's billionaires list.

A huge capital of Dangote’s net worth is said to be tied to his flagship company Dangote Cement Plc, meaning it rises and falls with the company's stock price.

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It was gathered that the billionaire’s wealth rose following the increase in the price of shares at the company after the announcement of backing it up with 170 million shares.

In January, Dangote was ranked the 97th richest person in the world with a net worth of about $19.2 billion, but as of February 23, he is ranked the 83rd richest person, Africa Business Insider reports.

His value is now ahead of popular Russian businessman and owner of Chelsea Football Club Roman Abramovich, who is now ranked 124th on the list of the world’s 500 richest people.

The 64-year-old has always expressed his desire to buy English Premier League club Arsenal as he said in an interview, last year, that he would look into buying the club once construction had been completed on his oil refinery, which is set to become operational in Q3 2022.

Bola Tinubu reportedly has shares at Man Utd

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In a bid to defend his boss over his source of wealth, Abdulmumin Jibrin who is the director-general of the Tinubu Support Management Council, disclosed that the presidential hopeful has shares with Manchester United.

Jibrin, who was a guest on a program on TVC, further stated that Bola Tinubu also has sizable shares with tech giants Apple.

He said:

“I was shocked to discover that Asiwaju has enormous shares in Apple Corporation and also lately while watching football with him, I also discovered that he is a big shareholder in Manchester United.”

Dangote reveals why he won’t watch World Cup

Sports Brief earlier reported that Aliko Dangote, the richest man in Africa, has said he will not watch the World Cup in Qatar should his country, Nigeria, fail to edge their rivals Ghana and qualify for the tournament.

Nigeria faces Ghana in a two-legged affair in March for one of the tickets to the World Cup in Qatar later this year.

And ahead of the march, Dangote who was at the venue to host Ghana in Abuja for the second leg, revealed how important the World Cup is to him and Nigerians.