Dangote recently endowed his foundation to the tune of $1.25 billion.
Warren Buffett, Bill Gates and J. K. Rowlings occupied the first three positions while Oprah Winfrey and Elon Musk were in the fourth and fifth position respectively.
Aside Dangote, Tony Elumelu, chairman of United Bank for Africa was 11th on the list and these two were the only Nigerians on the list.
Dangote started his foundation, Aliko Dangote Foundation in 1981, with a mission to enhance opportunities for social change through strategic investments that improve health and wellbeing, promote quality education, and broaden economic empowerment opportunities.
Aliko Dangote Foundation was, however, incorporated in 1994 as a charity in Lagos, Nigeria. 20 years later, the Foundation has become the largest private Foundation in sub-Saharan Africa, with the largest endowment by a single African donor.