Mr. Aliko Dangote, who is President of Dangote Group and Africa's richest, posted a $79.2 million (15.6 billion NGN) 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 $182 billion last week from their collective fortunes as weak manufacturing data from China and a rout in commodities sent global markets plunging.
Dangote is still Africa’s richest man, with a net worth of $15.4 billion, according to the Index.
Source: Punch
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