President of Dangote Group, Aliko Dangote, has emerged as the 72nd richest person in the world with an estimated net worth of $20.4 billion, according to the latest data on Bloomberg’s billionaires’ index.

According to Bloomberg, the Nigerian billionaire was ranked the 97th richest person in the world back in January with a net worth of $19.2 billion. In February, Dangote moved up the ranking to become the 83rd richest person in the world, vaulting over popular Russian businessman and owner of Chelsea Football Club Roman Abramovich, who is now ranked 132nd on the list of the world’s 500 richest people.

The Africa’s richest man has maintained the top spot in the continent for eleven years in a row. He is the only African billionaire to make the 100 lists of the 500 richest people in the world.