According to the latest report by BloombergMarkets, Nigerian billionaire Aliko Dangote’s fortune has fallen by 35% this year -- representing a loss of US$5.4 billion.
The fall comes on the back of a commodities slump and a devaluation of the naira in June.
The cement mogul’s net worth now stands at US$9.9 billion, a 62% drop since January 2014.
Edited from source by Joseph Green. Source: BloombergMarkets
Read the article online at: https://www.worldcement.com/africa-middle-east/08092016/nigerian-billionaire-aliko-dangote-wealth-plummets-221/
