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 toBloomberg’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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