Dangote lost 32% of his wealth in 2016 – Bloomberg

The Blomberg Billionaires’ Index released on Wednesday has shown that Africa’s richest man, Aliko Dangote lost 32 per cent of his wealth in 2016. According to Bloomberg, Dangote lost $4.9bn due to the failing fuel prices and devaluation of the Naira in June. Dangote who occupied the 42nd position previously, dropped to 112 on the... Read More