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Nairaland Forum / Nairaland / General / Business / Dangote Drops Out Of World’s Top 100 Billionaires – The Reason Will Shock You (586 Views)
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Dangote Drops Out Of World’s Top 100 Billionaires – The Reason Will Shock You by matonip(m): 10:12pm On Jan 03, 2017 |
While the world’s wealthiest people are ending 2016 with $237 billion more than they had at the start of the year, Africa’s richest man, Aliko Dangote is sadly not part of the party as he lost a whopping $4.9 billion of his fortune. The industialist who was formely the world’s 46th-richest man, dropped out of the top 100 list to No. 112 with a total fortune of $10.4 billion. The drop according to reports was due to falling oil prices and naira devaluation. According to the Bloomberg Billionaires Index, disappointing economic data from China at the beginning, the U.K.’s vote to leave the European Union in the middle and the election of billionaire Donald Trump at the end, saw the biggest fortunes on the planet whipsawed through $4.8 trillion of daily net worth gains and losses during the year, rising 5.7 percent to $4.4 trillion by the close of trading Dec. 27. http://www.matoblog.ml/2017/01/dangote-drops-out-of-worlds-top-100.html?m=1 |
Re: Dangote Drops Out Of World’s Top 100 Billionaires – The Reason Will Shock You by ScotsReferendum: 10:14pm On Jan 03, 2017 |
Curse following Buhari is strong 2 Likes |
Re: Dangote Drops Out Of World’s Top 100 Billionaires – The Reason Will Shock You by EYIBLESSN(m): 10:16pm On Jan 03, 2017 |
I will replace him sooner 1 Like |
Re: Dangote Drops Out Of World’s Top 100 Billionaires – The Reason Will Shock You by orjikuramo(m): 10:19pm On Jan 03, 2017 |
He will sky rocket back as soon as his refinery starts to work. I trust him 1 Like |
Re: Dangote Drops Out Of World’s Top 100 Billionaires – The Reason Will Shock You by thesicilian: 10:23pm On Jan 03, 2017 |
Do you know how many Nigerians who don't even have food to eat? 1 Like |
Re: Dangote Drops Out Of World’s Top 100 Billionaires – The Reason Will Shock You by Nobody: 10:29pm On Jan 03, 2017 |
op who this your post epp |
Re: Dangote Drops Out Of World’s Top 100 Billionaires – The Reason Will Shock You by JideAmuGiaka: 10:30pm On Jan 03, 2017 |
Interesting |
Re: Dangote Drops Out Of World’s Top 100 Billionaires – The Reason Will Shock You by DozieInc(m): 1:01am On Jan 04, 2017 |
OK, this is change. |
(1) (Reply)
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