The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw its total net worth drop by $2.5bn in the last 30 days, according to Bloomberg Billionaires Index.
The index, which is a ranking of the world’s 500 richest people, showed that his wealth fell from $15.9bn as of February 25, 2020, to $13.4bn on March 26. It had risen to a high of $16.5bn on January 27.
He was the only Nigerian on the list of 500 billionaires and retained his position as Africa’s richest person.
Reno Omokri has advised President Muhammadu Buhari to approach the Unuted States President, Donald Trump, for the release of $308 million looted and starched by Nigeria’s…
“Africa’s richest person controls Dangote Industries, a closely held conglomerate. The Lagos, Nigeria-based company owns sub-Saharan Africa’s biggest cement producer, Dangote Cement, which had revenue of N901.2bn ($2.5bn) in 2018. It also has interests in sugar, salt, flour, fertiliser and packaged food,” Bloomberg said.
The share price of Dangote Cement Plc, the biggest listed company on the Nigerian Stock Exchange, fell by 23.71 per cent to N129.70 on Thursday from N170 on February 25, 2020.
Dangote became $4.3bn richer in 2019, ending the decade with a net worth of almost $15bn, making him the 96th wealthiest man in the world, according to the index.
The founder and Chief Executive Officer of Amazon, Jeff Bezos, remains the richest person in the world with a total net worth of $116bn, followed by Bill Gates ($96.4bn), Bernard Arnault ($77bn), Warren Buffett ($71.2bn) and Mark Zuckerberg ($60bn).
Nigeria records 226 new cases of COVID-19… 131 in Lagos and 25 in Ogun
“I can’t breathe” Horrific video shows moment African American man is killed after a Minneapolis police officer knelt on his neck to restrain him
BREAKING: Abia Commissioner for Environment, Solomon Ogunji is dead
265 new cases of COVID-19 recorded in Nigeria
Unilever Nigeria Plc Management Trainee Programme
Nigerian lady recounts how she had her twins through rape when she’s just 15 ; her twins turned out great
50 trafficked Nigerian girls and 19 stranded Nigerians evacuated from Lebanon
I had dirts on Jude Okoye, but I didn’t fight him because I didn’t think it was necessary – Cynthia Morgan
Nollywood actress, Emilia Dike slumps and dies in Enugu
Market Development Officer (MDO) at the Federal Ministry of Agriculture and Rural Development (FMARD) – FGN/IFAD-VCDP Project
Edo: APC chairmen reject endorsement of Ize-Iyamu as consensus candidate
Coronavirus: Lagos govt approves N5,000 cash transfer to residents
Nigeria recprds 182 new cases of Coronavirus as total hits 8,915
Imo: Hunger pushing our members to APC – PDP
ICPC probes diversion of COVID-19 funds, relief material
Sanusi speaks on moves against Adesina, says AfDB rules must be respected
Helena Frey Limited Job Recruitment (3 Positions)
Pharmacy Technician at Helena Frey Limited
Ionic and Python Developer at Helena Frey Limited
Channel Sales Representative at Helena Frey Limited
Metro4 years ago
Cheating wife stuck to man in an hotel
News3 months ago
Sanusi reveals why he can return as Emir of Kano [Watch video]
latest news3 years ago
N-Power releases names of pre-selected 2017 N-TEACH [FULL LIST]
Entertainment4 years ago
Funke Akindele replies to Buhari’s comment
News2 months ago
Outrage as professor of medicine is accused of “colluding” with late Coronavirus patient to hide his travel history from doctors, nurses and burial attendants in Kwara
Metro4 years ago
World’s oldest man,aged 145, discovered in Indonesia
music3 years ago
UNCLE G epic musical video shoot
latest news11 months ago
IMF’s Christine Lagarde resigns as Managing Director