BLOOMBERG has announced
a new annual multi-platform
initiative to honour 50 icons and
innovators who have changed
the global business landscape in
measurable ways over the past
year, with President of Dangote
Group, Aliko Dangote being the
only African on the list.
The honorees were selected
by the Bloomberg Businessweek
team after months of input from
many of Bloomberg’s 2,700
journalists and analysts around
the globe, leveraging the resources
of the Bloomberg Terminal, and
represent the most influential
thought leaders in business,
finance, technology and science,
politics, and entertainment.
The executives, entrepreneurs,
experts, and entertainers on the
list all have a quantifiable metric
underpinning their inclusion.
“What sets The Bloomberg 50
apart from other lists is that each
person chosen has demonstrated
measurable change over the past
year,” said Megan Murphy, editor

of Bloomberg Businessweek.
“Readers will find many
names they recognize, but will
also discover new visionaries—
people who are impacting the
world in significant ways, and are
rapidly gaining the attention they
Other prominent honoree
on the Bloomberg 50 include –
Mohammed bin Salman, Crown
prince, Saudi Arabia, a primary
proponent of an initiative that
would allow women drive,
a decision that is forecast to
add $90 billion to the economy
by 2030. There are also Elon
Musk, CEO, Tesla Inc and Space
Exploration Technologies with a
market capitalization of over $50
billion, who nurses the ambition
to establish human colony on
planet Mars by 2022; Jeff Bezos,
CEO, Amazon, the biggest global
retailer, with a major interest in
sending tourists into space in
Blue Origin rockets; Masayoshi
Son, Founder, Softbank Groups
Corp., who engineered the largest
ever technology investment
fund, $93billion, to fund ridehailing,
artificial intelligence,
connected devices, satellites, and
the integration of computers to
humans; Diane Greene, CEO,
Google Cloud and the brain
behind integrating advances in
artificial intelligence and quantum
computing to market; Ken Frazier,
CEO, Merck & Co., a leader in drug
makers market with an innovative
drug for advanced lung cancer
Dangote who only last week
inaugurated his $300 million 1.5
mtpa capacity cement plant in
Congo Brazzaville, has remained
a top notch in various global
Reacting, Dangote said: “I am
very delighted with this selection
and I see the recognition as a
call to do more towards youth
empowerment, job creation,
better health for the people and
economic emancipation of the
African continent.”
As of February 2017, Dangote,
according to Forbes Magazine had
an estimated net worth of US$12.5
billion and is ranked by Forbes
magazine as the 67th richest
person in the world and the richest
in Africa. He peaked on the list
as the 23rd richest person in the
world in 2014.
Bloomberg is a global
information and technology
company, that connect decision
makers to a dynamic network
of data, people and ideas –
“accurately delivering business
and financial information, news
and insights to customers around
the world”
Bloomberg in the preface written
by Paul Wallace synopsized
Dangote’s person and business
in the following words: “the
quiet billionaire for his relatively
frugal lifestyle, Dangote fasttracked
plans to help his country
of 180 million people import less
of what it eats. Dangote, who
made his fortune in the cement
industry, is turning his attention
to dairy and sugar farming;
he’s earmarked $800 million to
buy 50,000 cattle in the hope of
producing 500 million liters of
milk annually by 2019. He’s also
racing to finish a 650,000-barrela-
day oil refinery near Lagos, set
to be one of the world’s biggest,
and says he intends to spend as
much as $50 billion in the next
decade on renewable energy and
petrochemical refineries, including
investments in the U.S. and
Europe. Which is all fine, but not
quite his grand ambition: buying
Arsenal, his favorite soccer team”

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