See How Buhari’s Change Affected Dangote – Bloomberg
How Buhari’s Change Affected Dangote by Bloomberg.
According to Bloomberg ‘Internation Business Site’, Aliko Dangote GCON, Africa’s richest man, 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. According to the Bloomberg Billionaires Index, Aliko Dangote’s net worth is $9.9 billion, a 62% drop since January 2014.