 |
| Africa's richest man, Alhaji Aliko Dangote |
Africa’s richest man, Business person, Alhaji Aliko Dangote’s fortune has fallen by 35% this year, on the back of a commodities slump and a devaluation of the Nigerian currency.
Bloomberg reported in June that Dangote lost $37 billion.
The 35% loss is equivalent to $5.4 billion
His current net worth is $9.9 billion, a 62 percent drop since January 2014.
Nigeria’s economy officially slid into a state of recession for the first time in over two decades, on Wednesday according to the Nigerian Bureau of Statistics (NBS) report.
Comments
Post a Comment
Share your thoughts with us