By InvestAdvocate

Lagos (INVESTADVOCATE)- Aliko Dangote, has emerged the 51st richest man in the world and still the richest man in Africa for the sixth consecutive time with net worth of $15.4 billion, according to Forbes latest ranking in 2016.

Dangote has diverse investment in sugar, cement, flour and beverage among others last year, ranked 37th richest in the world with a net worth of $25 billion.

Mike Adenuga, chairman, Globacom Group is another Nigerian on the list, he ranked 103rd, with wealth valued at about $10 billion.

On the overall, Bill Gates topped the list for the 17th time in 22 years, with net worth of $75 billion, which has put him in the top spot of the list of Forbes’ World Billionaires for the third consecutive time, after overcoming Mexico’s Carlos Slim Helu in 2014.

Also, Amancio Ortega, Spanish clothing retailer and founder of the Zara brand of stores, , came second with a net worth of $67 billion and Warren Buffet, stock market investors and American investment mogul came third with a net worth of $60.8 billion to complete the top three richest people, according to Forbes.

Donald Trump, America’s Republican presidential candidate and real-estate investor is ranked 324th. Forbes estimated his net worth at $4.5 billion.

According to Forbes, the world billionaire list also had a feel of the global economy crisis as the number of billionaires is said to have reduced by 16 from record 1,826 in 2015 to 1,810 in the review period.

Forbes also revealed that the aggregate net worth was $6.48 trillion, $570 billion less than that of last year.  It was also the first time since 2010 that the average net worth of a billionaire dropped – it is now $3.6 billion, $300 million less than last year.

Mark Zuckerberg, founder of social media network, Facebook, , had the best year of all billionaires, adding a whopping $11.2 billion to his fortune and moved up to sixth from 16th position in 2015.

Worthy of note is the emergence Alexandra Andresen, a 19-year-old Norwegain heiress who is now reputed to be the youngest billionaire in the world has a 42 percent stake in her family’s business and worth $1.2 billion.

Forbes disclosed  the United States has 540 billionaires, more than any other country in the world and followed by mainland China with 251 (Hong Kong has another 69) and Germany with 120.  Russia has 77, ten-figure fortunes, 11 fewer than last year, while Brazil is down to 23 from 31.

Click here to view list of Forbes 2016 World’s Billionaires