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Dangote Gains $5.8bn In One Day, Now World’s 64th Richest Person
02-28-2019, 05:54 AM,
Dangote Gains $5.8bn In One Day, Now World’s 64th Richest Person
Aliko Dangote, Nigeria’s and Africa’s richest man gained $5 .8bn in one
day and his total net worth rose to $16.6bn on Tuesday, making him the
world’s 64th richest person.
Dangote’s wealth fell from $10.5bn at the end of last year to a low of
$9.63bn on January 1 , 2019, but it grew to $10.8bn on Monday ,
February 25 as confirmed in a report by Bloomberg Billionaires Index, a
ranking of the world’s 500 richest people.
However the net worth of Dangote increased by 23 per cent from $13.5bn
on February 26, 2018, to $16.6 bn, as he gained $5.8bn in one day,
emerging 64th richest person in the world. While he is the only Nigerian
on the list of 500 billionaires and also retained his position as Africa’s
richest person, it should also be noted that his wealth rise by 58 per cent so
far this year, emerged the second biggest mover after Andrew Forrest, founder
and largest shareholder of Fortescue Metals Group, the world’s fourth-largest
iron ore producer. Forrest’s wealth has grown by 59 per cent this year.

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