5bn in the last 30 days, according toThe index, which is a ranking of the world’s 500 richest people, showed that his wealth fell from $15.9bn as of February 25, 2020, to $13.4bn on March 26. It had risen to a high of $16.5bn on January 27.
He was the only Nigerian on the list of 500 billionaires and retained his position as Africa’s richest person. “Africa’s richest person controls Dangote Industries, a closely held conglomerate. The Lagos, Nigeria-based company owns sub-Saharan Africa’s biggest cement producer, Dangote Cement, which had revenue of N901.2bn in 2018. It also has interests in sugar, salt, flour, fertiliser and packaged food,”The share price of Dangote Cement Plc, the biggest listed company on the Nigerian Stock Exchange, fell by 23.71 per cent to N129.70 on Thursday from N170 on February 25, 2020.
Dangote became $4.3bn richer in 2019, ending the decade with a net worth of almost $15bn, making him the 96th wealthiest man in the world, according to the index.The founder and Chief Executive Officer of Amazon, Jeff Bezos, remains the richest person in the world with a total net worth of $116bn, followed by Bill Gates , Bernard Arnault , Warren Buffett and Mark Zuckerberg .
“Stakes in publicly traded companies are valued using the share’s most recent closing price. Valuations are converted to US dollars at current exchange rates,” it said.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
Dis is anoda scope of imcreasin dier goods after d virus cus dey will say dey av lost
It is not true because he also gain somehow
It's not news worthy, please. Everyone is affected, even the bergers associations too are feeling the partial lock down. We all will bounce back. Let just be optimistic for a greater tomorrow. God bless Nigeria God heal Nigeria God bless the world God heal the world
EH YAAAA! SORRY SIR.
Dat is why he gave 9ja Govnt 500,000m to fight Corona
Wao, many more business tycoon around the globe. Surely this time will be over. Sacrifice ni
Wow
More loss to come...
Wonderfullycre1 When he had lot of gain who does he tell.
oluwaloninyo This a world epidemic so he will still loose more if no solution is found early..pple have loss life which more precious than his money. Please give me a new about his health if positive on this covid19 or not that what you guys should be reporting not the money he loss rubbish
This man suppose no play bet9ja now
Hahahahahahaha 😆😆😆😆 Soon he would be known as the dumbest Billionaire in the history of aristocrats.
😂
How that one take solve the matter way dey ground, na him one cure corvid19 for our country, punch no try at all
It not about individual financial shortage, the whole globe will loss more than what they can imagine.
So..... 🤷
Watin concern oluwa_paparazzi iya oluko
When everything comes back to normal, this people will now make double of what they lost when people start rushing them
Who is talking of lost now, the whole world is at lost. All hands must be on deck to fight this plague in Nigeria. What we expect from Dangote is to assist the FG with resources to keep the citizens safe.
No issues after covid-19 we will still mortgage the country to him back
And then what is my businesses?, good ruddiance to bad rubbish
The beginning
You mean he lost Nigeria money he's monopolizing?
Billionaire sorry o !
My last card way I get way no reach $100 still day there in the bank, if anything happen to am, na Psych hospital I go check in!!
Why can't you share the to Nigeria citizen .you're try enough Mr Dangote
Is it going to be worse than this? Wahala dey ooooo
Subhanallah Allah ya mayarmasa da alheri
Next Level.... Sai Buhari!!!!! 🚶♂️🚶♂️🚶♂️🚶♂️
My brother nobi only u
Allah Yamaida maka ameen
Was he robbed?
what u expect when corona visit ur business every will re adjust ..am sure after everything he will regain his financial strength .
Hmmmm. Not to worry boss, you’ll bounce back.
People are dying
Nonsense, how does it consign me.
No wonder he dontated 200m
He never do giveaway for us now
Baba do giveaway na with the remaining 500M
There is no rich man in Nigeria, we are all poor.
How did he lose money when there is increase in price on all his product😒
We never see the money all fake. Audio money
And so?
How do i survive this STAT HOME WITHOUT FOOD, ITS BETTER TO DIE OF CORONA VIRUS THAN HUNGER, PLEASE I NEED HELP🙏 Acc Number: 0774647096, Acc Name: JOSHUA PRINCE HONOUR, Access Bank.. Acc:077******096 Time:20/03/2020 15:40:57 Avail Bal:NGN200.56 Total Bal:NGN200.56
Dangote is loosing money, so sorry about that. But as big as dangote is. Not even 5k for people to hold body. Na wa o. Everywhere stew Sha🤣
Rich man are looking for how to help the nation you are talking about money you lose you need doctor to check you sir
E better say na money u lose,no be coronavirus you get.
We will pay for that definitely
Life first money is secondary .
Sure he will bounce back. Most businesses are crashing. It's life first. Only medical equipment businesses should be thriving now.
They only do giveaway to gov't to attract more deals, while the poor spend the little they have to make them richer
How much did he donate for covid19 200m The richest man in Africa Who made him rich the govt Through contract Others are donating billions
Who that one epp. What his contribution to Nigeria during this coronavirus. He never see anything COVIDー19
That is a good news let him lose more of all I care, has he don anything to improve the life of poor people in Nigerians.
May Almighty Allah stop the loss and reward him abundantly
Dangote and money be like
Ok
The game of monopoly he is playing with the nigeria market will soon bring him down his interest in the refining petrol will only worsen the pricw when he begins production
Make he do giveaway oooo.....say no to stingyness
Kilo kan mi
Everyone is at loss this period
The government will contribute the money
Who e help? Tax invaders in Nigeria that made them rich.
How is it our business The money is on self isolation
How does he calculate his losses when he's on tax waiver? I mean, money used in reconstruction of apapa-wharf rd, apapa-oworonshowki Expressway that the govt will pay back
So what will I do nw? 🤔🤔🤔🤔🤔🤔🤔 Dangote sorry for ur loss 🤷
Really. How about our senators do they loose or they lost our old men politicians what are they loosing please
Period of wealth transfer from the rich to the poor who can reason very well
Sorry
So we should now fry egg? How many times have we heard about his profits ,now he loses money person no go hear word.....who u EPP?
Ok
Is he Only Him as a Business Man that is Affected? Beside in this Country we give hype to something that does not have meaning self...
Just starting tho
When he won't do giveaway 😁
E concern me? Bros I lost 1k yesterdai
May Almighty Allah replace with khair
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Source: channelstv - 🏆 7. / 63 Read more »
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Source: MobilePunch - 🏆 8. / 63 Read more »
Source: Daily Trust - 🏆 13. / 51 Read more »
StackPath
Source: LeadershipNGA - 🏆 4. / 77 Read more »