While some of the world’s richest people
lost a sum of $182bn (N35.85tn) over the past week, Nigerian
billionaire, Alhaji Aliko Dangote, and 10 others made money amid
deepening global market rout.
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.
The world’s 400 richest people lost
$182bn last week from their collective fortunes as weak manufacturing
data from China and a rout in commodities sent global markets plunging.
Dangote is Africa’s richest man, with a net worth of $15.4bn, according to the Index.
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