Dangote's net worth value, which stood at $12.2 billion in January, last year, is down to $10 billion a year after, the Forbes' Africa Billionaires List released yesterday showed. He dropped from a net worth of $7.1 billion down to $5.3 billion, a staggering 26.4% decline.
In the last one year, Dangote's net worth dropped almost $2 billion, Forbes, said it was due to a roughly 20% dip in the stock price of Dangote Cement, his most valuable asset.
The continent's second richest is Mike Adenuga, also of Nigeria, worth an estimated $9.2 billion. His net worth skyrocketed from $5.3 billion in January 2018 after he provided thorough information about his assets.
The industrialist, who has now topped Africa's rich list for a record eight times, emerged the continent's richest man for the first time in March, 2011, with a net worth of $13.8 billion, according to a similar annual report from Forbes.
Blue Jays trading catcher Russell Martin to Dodgers
Martin enters his age-36 season, coming off a 2018 in which he hit.194 with a.338 on-base average; good for a.663 OPS for Toronto. The four-time all-star has also played for the New York Yankees and Pittsburgh Pirates over his 13-year big-league career.
Folorunsho Alakija is the fourth richest Nigerian and the second woman in this year's African billionaires club.
Kalambaina, which operates a new cement production facility, started selling cement mid-last year just as Rabiu's OBU Cement has expanded its operations, adding a new production line.
Tagged: Fewer Billionaires, Poorer Billionaires On African Continent In 2019, Forbes said the number of African billionaires fell to 20, down from 23 past year, having been buffeted by plunging stock prices and weaker currencies.
He is worth approximately $10.3 billion but lost a chunk of money - about $2 billion - when the stock price of Dangote Cement plummeted.
"In a per country ranking, Egypt and South Africa are tied with five billionaires each, followed by Nigeria with four and Morocco with two". Their net worth also dipped from $75.4 billion for last year's list to $68.7 billion. All but four members of the list have smaller fortunes than a year ago.
Forbes found one billionaire each in Algeria, Angola, Tanzania and Zimbabwe. However, the average net worth for each individual on the list rose by $3.4 billion from $3.3 early 2018.
As Bezos and Mackenzie pursue their divorce, it may turn out to be the most expensive in history. "Her husband was there, too". Before the news broke on Wednesday, a source told PEOPLE Bezos "was in a great mood" at the 2019 Golden Globes on Sunday.
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The Indian selectors made a decision to rest him to keep him fresh for the limited overs series back home against Australia . Mohammed Siraj , a right-arm seamer yet to make his one-day global debut, will fill Bumrah's void in the Indian squad.
On Sunday Qunun told AFP her family was "abusive" and once locked her in a room for six months just for cutting her hair. Saudi Arabia described the case as a "family affair", adding that the country did not demand her deportation back home.
Johnson acknowledges that people should be free to speak their minds on whatever issues they choose to address but they should think first.
World Number One Halep Dumped In Sydney
For me, it's another tennis player across the court. "Obviously it's disappointing, but the sun will come up tomorrow". I had no inspiration in some important points. "I felt like it was really clean considering the conditions".
South Africa vs Pakistan
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Nathan Soyeux, a 23-year-old student, passed away in Dijon on Monday after suffering injuries in a game in November. Compliance was shown to be well observed, with no player returning within the six-day period.
Paris explosion: Multiple injuries reported
Images shared on social media showed the area around Rue De Montyon covered in debris with a fire raging in at least one building. The explosion came amid heavy security in Paris and around France for the ninth successive weekend of yellow vest protests.
Suspected Israeli airstrikes near Damascus, Syria
The damage from the strikes was " limited ", the news agency noted, without providing any details about possible casualties. He said the targets were primarily storage and logistics facilities used by Iran to ship weapons to Hezbollah.
Despite apology, Hardik Pandya may not be out of trouble
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Ron Wyden (D-Ore.) wrote , "This information could be obtained by anyone: a stalker, an ex, or a child predator". Verizon says that it ended its agreement with Zumigo before the original report came out this week.