Dangote’s wealth fell from $10.5bn at the end of last year to a low of
However the net worth of Dangote increased by 23 per cent from $13.5bn on February 26, 2018, to $16.6bn, 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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