Thursday, 28 July 2016

Africa's Richest Man Dangote, Drops Out Of Top 100 Rich List

Due to the crazy fall in Naira, Nigeria and Africa's richest man, Aliko Dangote has dropped from off the list of the 100 richest people in the world.

Dangote's fall is due to the crash of the Naira. Dangote who also owns the second largest  sugar reginery in the world, remains richer than American billionaire, Donald Trump who is also running for presidency and Oprah Winfrey the TV mogul, who ranks as the second richest black woman in the world.
According to Bloomberg, Dangote who was the 51st richest man in the world as at March 2016, has now dropped to 101th place. Dangote was worth $15.4 billion (N3.05 trillion) in March, is now worth $11.1 billion (N3.3 trillion) as situation which makes him richer in naira, but poorer in dollars.
Stay tuned for more news and updates on Glow Monat

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