Encomium
The chairman of Conoil and Globacom, Dr. Michael Adenuga, Jnr., 63, is having a tough time as he loses another $100 million (N20 billion) today ( Friday, May 6, 2016)… bringing his total loss to $500 million (N100 billion) in two days.
The net worth of the large hearted billionaire dropped to $10.6 billion today, from $10.7 billion yesterday and $11.1 billion on Wednesday, May 4. He is at number 108 on the Forbes rich list.
In one week, the property, oil and telecoms colossus has lost $800 million (N160 billion), according to Forbes, which produces the authentic register of world’s richest persons and their fortunes.
Our other top billionaires retained their fortunes today.
Alhaji Aliko Dangote,59, is at number 47 with $17.1 billion; Mrs. Folorunsho Alakija, 65, has $1.6 billion and sits at number 1,235; ALHAJI Abdulsamad Rabiu, 55, number 1,648 with $1.2 billion and Mr. Femi Otedola, 52, $1.1 billion at 1,733.
Their combined net worth of $32.3 billion has dropped to $31.6 billion.
