Aliko Dangote Has Lost About $5.4billion This Year, Which Is 35% Of His Total Wealth

According to International business site Bloomberg, Africa's richest man, Aliko Dangote, has lost more than a third of his wealth this year alone. According to the article, Dangote has lost 35% of his wealth which sums up to $5.4 billion. The losses are attributed to commodities slump and the devaluation of the Naira in June. Dangote's net worth is $9.9 billion, a 62% drop since January 2014, according to the Bloomberg Billionaires Index.

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Posted: at 31-08-2016 08:34 PM (7 years ago) | Addicted Hero

THAT'S CHANGE..... OOOOO

Posted: at 31-08-2016 08:50 PM (7 years ago) | Upcoming

all na part of change, na all of una do the mathmatics for buhari

Posted: at 31-08-2016 08:51 PM (7 years ago) | Gistmaniac

na today

Posted: at 31-08-2016 08:53 PM (7 years ago) | Grande Master

could this be recession, i must warn that viewers discretion is advised.

"We have long warned of a slow-burning crisis in Nigeria," Capital Economics' Africa economist, John Ashbourne, said in May. "It now seems that this view was too optimistic: The country is headed into a full-blown economic crisis." 

Posted: at 31-08-2016 09:36 PM (7 years ago) | Gistmaniac

chai what  a zoo

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Posted: at 31-08-2016 09:42 PM (7 years ago) | Addicted Hero

He just won a Gold medal in corruption

Posted: at 31-08-2016 11:22 PM (7 years ago) | Gistmaniac

ok naa

Posted: at 1-09-2016 06:11 AM (7 years ago) | Gistmaniac

does that affect his rate in the Africa?  still a billionaire now.

Posted: at 1-09-2016 06:58 AM (7 years ago) | Gistmaniac

Dats good. Its affecting all of us especially d business pple. Dangote all thanks to ur brother.

Posted: at 1-09-2016 08:57 AM (7 years ago) | Addicted Hero