Sign in
Download Opera News App





Stock investment

Man loses $900 Million within 24hours

The renowned Africa's richest man Mr Aliko Dangote suffers a huge blow after he's reportedly said to have lose a whooping $900 million on Friday 8th January 2021.

According to Bloomberg Billionaire Index report , Dangote emerged to be the biggest loser at the end of the trading on the Multi-dollar Nigerian Stock Exchange after his wealth fell from $18.4 billion to $17.5 billion between Thursday and Friday.

The downfall definitely made him drop from being the 106th world's healthiest man to 114th place according to Bloomberg Billionaire Index report. Hope he soon pick up.

Basically Dangote is best known to be the founder and also chairman of the Multi-dollar Dangote Cement which is a continental cement producer in Africa to the world.

That same day it's reportedly said is the deeday Elon Reeve Musk became the world's richest man with a networth of $185 billion after his Tesla's shares pushed him past Jeff Bezos who was leading at that moment.


Source: Bloomberg Billionaire Index|Google|.

Content created and supplied by: (via Opera News )

Africa Bloomberg Billionaire Index Dangote Elon Reeve Musk Nigerian Stock Exchange


Load app to read more comments