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CNBC ranks Dangote among world’s top 25 businessmen

By BusinessNews Staff on May 1, 2014

About a week after he was ranked among the 100 most influential personalities in the world by the Time magazine, another media organisation, CNBC, has ranked Africa’s richest man, Aliko Dangote, as one of the 25 people who have had most profound impact on business and finance worldwide.

Forbes had earlier named him as the second most powerful black man coming only after the United States President, Barack Obama, and the 64th most powerful in the world in the list of the movers and shakers of the world.

CNBC ranked Dangote as 23rd among the first 25 people who have impacted the business world most since 1989, the year CNBC went live on air.

The late co-founder of Apple Computers, Steve Jobs, led the pack followed by the world’s richest man, Bill Gates

The South Africa based broadcast medium said, “They have disrupted industries, sparked change and exercised an influence far beyond their own companies.

“As CNBC embarks on its second quarter-century, it faces a world completely altered from when it started.

“Then, the Dow was below 2,400; Wal-Mart didn’t make the list of America’s 500 largest companies and there was no World Wide Web.

“Only four US companies had annual revenue of more than $50bn. Today, there are more than 50, including upstarts such as Apple, Microsoft, Amazon and Google. No dictionary contained the words ‘e-commerce’ or ‘app.’ A blog was still archaic slang for a servant boy.”

It described the 25 men and women from different parts of the world and across different industries as having “for better or worse, been the rebels, icons and leaders in the vanguard of that change.”

[Punch]

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