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Despite $300m Loss, Dangote Is Nigeria’s Only Billionaire On Rich List - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Despite $300m Loss, Dangote Is Nigeria’s Only Billionaire On Rich List (247 Views)

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Despite $300m Loss, Dangote Is Nigeria’s Only Billionaire On Rich List by Health16: 2:04pm On Aug 11, 2021
African richest man, Aliko Dangote started the week with no less than $18.1 billion worth of wealth portfolio, but following a sharp decline in one of his companies, Dangote Cement‘s market value, the business tycoon now worth $17.8 billion, thereby losing $300 million.

Newsrand understands that the sell-off among the shareholders on Monday, August 9, 2021, triggered a decline in the firm’s valuation.

As a result of the sell-off, Dangote Cement recorded a loss of N138.02 billion.

https://newsrand.com/2021/08/11/despite-300m-loss-dangote-is-nigerias-only-billionaire-on-rich-list/
Re: Despite $300m Loss, Dangote Is Nigeria’s Only Billionaire On Rich List by GardenOfGod(m): 2:06pm On Aug 11, 2021
He's still the richest man in Africa

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