The chairman of Dangote, Alhaji Aliko Dangote, has lost $ 900 million in Nigerian stocks, according to Bloomberg.
According to Bloomberg, which reports on the world’s 500 richest people, Dangote’s revenue fell from $ 18.4 billion on Thursday to $ 17.5 billion on Friday, down from 106 people to 106 of 114 on the list of the world’s richest people, as reported by Punch newspaper.
In December last year, Dangote’s net worth totaled $ 17.8 billion from $ 15.5 billion.
Dangoten earned another $ 600 million in the first week of January 2021, but lost all of that money last Friday.
However Dangote is the richest man in Africa and the richest black man in the world.