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Nigerian billionaire Aliko Dangote’s wealth plummets

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World Cement,

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

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