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Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion (24687 Views)

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Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Heffalump(m): 7:54am On Sep 01, 2016
Firefire:
Not only him.


An average Nigerian is worst-off under this current "Super Clueless" government.

See model below.


Some people are truly ignorant. Baseless comparison.
Did GEJ face oil glut?
Did he face Avengers causing sabotage to oil production?
Stay there and be dulling, until we start calling spade a spade, we shall all go down together.
When you're in a ship and you sink the ship, that is utterly madness because no magic will save you. kiss
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Lakeland4321: 8:01am On Sep 01, 2016
sukkot:
my point exactly. so whats the argument ? its stocks and not real money. please dont mention me again biko.
so warren buffet, bill gates, mark zuckerburg and others who have most of their wealth in stocks don't have real money? Because he's Nigerian. Money or wealth is not pnly cash, I'm sure you know that stocks, bonds, treasury bills, annuity funds even a life insurance policy are all forms of money and assets that can create more wealth. Pls don't say that stocks is not real money so that you don't continue to make a public jest of yourself
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 8:09am On Sep 01, 2016
Lakeland4321:
so warren buffet, bill gates, mark zuckerburg and others who have most of their wealth in stocks don't have real money? Because he's Nigerian. Money or wealth is not pnly cash, I'm sure you know that stocks, bonds, treasury bills, annuity funds even a life insurance policy are all forms of money and assets that can create more wealth. Pls don't say that stocks is not real money so that you don't continue to make a public jest of yourself
when will you receive sense na ?

Jeff Horwich: Well, easy come, easy go: Facebook CEO Mark Zuckerberg has dropped off Bloomberg's top ten list of the richest tech billionaires. The reason is that shares of Facebook are near record low.

From our Wealth and Poverty desk, Shereen M
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Lakeland4321: 8:49am On Sep 01, 2016
sukkot:
when will you receive sense na ?

Emancipate yourself from that mentality that stocks is not real wealth. It is
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 8:57am On Sep 01, 2016
Lakeland4321:
Emancipate yourself from that mentality that stocks is not real wealth. It is
stocks appreciate and depreciate. it is not tangible wealth. people with stocks have gone broke overnight when their stocks tank. real wealth is precious metal. gold bars.

when will you receive sense na ?
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 9:06am On Sep 01, 2016
Lakeland4321:
Emancipate yourself from that mentality that stocks is not real wealth. It is
WHEN WILL YOU RECEIVE SENSE NA ?

http://www.investopedia.com/articles/basics/10/3-ways-tell-stock-bottom.asp
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 9:07am On Sep 01, 2016
Lakeland4321:
Emancipate yourself from that mentality that stocks is not real wealth. It is
WHEN WILL YOU RECEIVE SENSE NA ?

https://www.thestreet.com/story/12489525/1/emerging-market-stocks-may-have-bottomed-out.html
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 9:18am On Sep 01, 2016
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by ajealadick(m): 9:36am On Sep 01, 2016
IVORY2009:
The truth of the matter is that Alhaji Dangote has always been over rated, the monopoly he enjoys during the last govt of Jona is no longer so any longer, there is competition now in the market, free entry and exit.

thanks brother. Dangote for long was using corrupt politicians to get waivers, lease government ports and facilities with peanuts. He literary didn't pay for imports nor was charged demurage, now who wont have a 100% return on investment in that matter? Now that the new Customs boss has threatened to seize his goods if he does not follow guidelines of importation he is sure to feel the heat.
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by spidey77: 12:19pm On Sep 01, 2016
chiedu7:
What has he done for Nigeria with his wealth since??
Bros! Like seriously?
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by atirolu(m): 1:56pm On Sep 01, 2016
FxDuke:


if the regime affected all these leading to an increment, then it is only natural and fair that salaries of workers both in public and private sectors be affected (by an upward review) to reflect the present economic realities. abi is it immune to salary increment.
by now prices readjustments as well as salary readjustment ought to have started taken place already.


When some can't even pay salary
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Pdizzle(m): 6:41pm On Sep 01, 2016
sukkot:
and you need to keep quiet because you are ignorant. yes all billionaires have speculative money. nobody has real solid liquid assets or cash that runs into billions. its shares in a company that is counted not real money. nobody loses 5.4 billion of real money in a year. the value of his shares depreciated

Chief, how do these European clubs transfer huge funds when they buy players?
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 6:51pm On Sep 01, 2016
Pdizzle:


Chief, how do these European clubs transfer huge funds when they buy players?
they have their ways bro. they recoup money from advertisement, jersey sales and ticket sales and TV ads. then they do bank transfers amongst each other. they have the banks they use. ROYAL BANK OF SCOTLAND and BARCLAYS are two of them
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Pdizzle(m): 7:19pm On Sep 01, 2016
sukkot:
they have their ways bro. they recoup money from advertisement, jersey sales and ticket sales and TV ads. then they do bank transfers amongst each other. they have the banks they use. ROYAL BANK OF SCOTLAND and BARCLAYS are two of them

Thanks Chief
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 7:27pm On Sep 01, 2016
Pdizzle:


Thanks Chief
Indeed King. trust all is going well with you bro
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by oyatz(m): 5:50pm On Dec 31, 2016
Importation of tomato paste , wines, textiles and Pasta mean importing POVERTY into the Country while exporting employment and WEALTH to Italy, China, South Africa etc.
Nobody stop Ericson ,Horneywell and other manufacturers from producing products that can compete in the market.
Business, unlike Politics can't be ran or regulated by qoata system, zoning/rotation ,Federal character and other sentiments.
IVORY2009:



bro Dangote was a "King" in the market, a neigbour of mine who own a small manfacturing plant for sugar, was furstrated out of the market, due to govt policies @ as den, wat about importation, Dangote and his monopoly made the govt to ban most imported and cheap commodities frm Italy, like Tin tomatoes, Italian Pasta etc, he was the sole producer in the market place, ask large scale dealers in the mkt.
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by oyatz(m): 6:52pm On Dec 31, 2016
This question is too much for their brains. They are only ranting, whining and complaining, they have no ideas on how to provide solutions.
Sulaimon01:


Shut up!!!! All these foolish Easterners, is it about region here? Mad goat!!!! What would your Jonathan have done sef if he had remained in power Please just tell me one thing Buhari should have done to prevent this.

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