Dangote, who is President of Dangote Group, posted a
$79.2m (N15.6bn) gain from Thursday to Friday, according to
Bloomberg’s Billionaires Index. He was one of six
billionaires who saw their fortunes increase in 24 hours to
Friday.
Dangote is Africa’s richest man, with a net worth of $15.4bn,
according to the Index.

The other three Africans on the Index are South Africans:
Nicky Oppenheimer formerly of the De Beers diamond
company (net worth $6.7bn) suffered a $27.9m loss between
Thursday and Friday; luxury goods magnate Johann Rupert
(net worth $7bn) saw his money shrink by $87m, and
retailing baron Christo Wiese (net worth $7bn), lost $220m
over the same period.

The weekly drop for the Bloomberg Billionaires Index, a
group that includes Warren Buffett, Bill Gates and Mark
Zuckerberg, was the biggest since tracking of the expanded
list began in September 2014.

The Bloomberg Billionaires Index takes measure of the
world’s wealthiest people based on market and economic
changes and Bloomberg News reporting. Each net-worth
figure is updated every business day at 5:30 p.m. in New
York and listed in US dollars.



www.lailasblog.com/2015/08/dangote-gains-n156bn-in-24-hours-now.html?m=1


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