Dangote Refinery Dangote Refinery The Dangote Refinery is an oil refinery owned by the Dangote Group that is under construction in Lekki, Nigeria. When complete, it will have a capacity to process about 650,000 barrels per day of crude oil. Nigerian businessman Aliko Dangote unveiled early plans for the refinery in September 2013, when he announced that he had secured about $3.3 billion in financing for the project. At the time, the refinery was estimated to cost about $9 billion, of which $3 billion would be invested by the Dangote Group and the remainder via commercial loans, and begin production in 2016.
The World's Billionaires 2014 years. Zara founder Amancio Ortega placed third for the second consecutive year. American investor Warren Buffett was in the top five for the 20th consecutive year, placing fourth. Oracle founder Larry Ellison rounded out the top five. America's Christy Walton was the highest ranking female, placing ninth overall. Aliko Dangote of Nigeria became the first African ever to crack the top 25, with an estimated net worth of $25 billion. 24-year-old Perenna Kei, daughter of Chinese real estate developer Ji Haipeng, was the youngest person on the list. At age 99, David Rockefeller was the oldest. Among the largest gainers