Billionaire mogul, Dangote Now Worth N3trn After Gaining N15.6bn in 24Hours

A report on Bloomberg's Billionaires Index reveals that Dangote is now worth N3 trillion after gaining N15.6 billion in 24 hours as some of the world's richest people lost a sum of $182bn (N35.85tn) over the past week.

Alhaji Aliko Dangote

 

Nigerian billionaire business mogul, Alhaji Aliko Dangote, and 10 others made mega money as some of the world’s richest people lost a sum of $182bn (N35.85tn) over the past week over the deepening global market rout.

According to Bloomberg’s Billionaires Index, the President of Dangote Group, posted a $79.2m (N15.6bn) gain from Thursday to Friday. He was one of six billionaires who saw their fortunes increase in 24hours to Friday.

The world’s 400 richest people lost $182bn last week from their collective fortunes as weak manufacturing data from China and a rout in commodities sent global markets plunging.

The net worth of  Africa’s richest man is $15.4bn, according to the Index.

The other three Africans on the Index are South Africans:

1. Nicky Oppenheimer formerly of the De Beers diamond company (net worth $6.7bn) suffered a $27.9m loss between Thursday and Friday.

2. Luxury goods magnate Johann Rupert (net worth $7bn) saw his money shrink by $87m.

 3. Retailing baron, Christo Wiese (net worth $7bn), lost $220m over the same period.

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