Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion

According to International business site Bloomberg, Africa's richest man, Aliko Dangote, has lost more than a third of his wealth this year alone.

According to the article, Dangote has lost 35% of his wealth which sums up to $5.4 billion. 

The losses are attributed to commodities slump and the devaluation of the Naira in June.

Dangote's net worth is $9.9 billion, a 62% drop since January 2014, according to the Bloomberg Billionaires Index.

SOURCE: 

http://www.petmaxflame.com/2016/08/aliko-dangote-lost-35-of-his-wealth.html