According to a recent survey, Aliko Dangote, the creator of Dangote Cement and a significant figure in Africa’s industrial sector, is the sixth richest person in the world in the manufacturing sector. His substantial holdings, which include an 85% share in Africa’s top cement manufacturer and interests in Dangote Fertilizer and Refinery, which is renowned for being the largest single-train refinery in the world, are reflected in his estimated net worth of $14.3 billion.
The American financial company Insidermonkey.com, which is well-known for its meticulous monitoring of insider trades and market irregularities, carried out this ranking. In addition, the company offers investor education with an emphasis on the intricacies of market investments.
Reinhold Wuerth is the richest person in the manufacturing industry globally, with a net worth of $35.3 billion. Before retiring in 1994, Wuerth, who had taken over his father’s wholesale screw business in 1949, had grown it into a powerful worldwide sales force. He is still well-known in the industry because of the company’s tremendous growth and success during his leadership.
He Xiangjian is the second richest man in manufacturing after Wuerth, with a net worth of $26.1 billion. The founder of one of the top appliance manufacturers in the world, Midea Group Co. Ltd., Xiangjian, withdrew from day-to-day operations in 2012, but his legacy lives on, thanks to the company’s widespread position in the appliance industry.
Michael Hartono, an Indonesian billionaire with a $23.1 billion net worth, is ranked third. The tobacco industry, where Hartono’s family’s company is one of Indonesia’s biggest manufacturers of clove cigarettes, is primarily responsible for his fortune. Hartono has a wide range of interests outside of tobacco, including as large holdings in the Bank of Central Asia (BCA).
Takemitsu Takizaki, whose net worth is $20.7 billion, is ranked fourth. Keyence Corporation, well-known for its specialized manufacturing of sensors and electronic parts necessary for factory automation systems, was founded by Takizaki. His company is essential to the manufacturing industry because it offers cutting-edge solutions that boost industrial operations’ efficiency and production.
