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Dangote’s fortune soars to $14.3 billion

The net worth of Africa’s pride, Alhaji Aliko Dangote soared to $14.3 billion on Tuesday, June 6, 2017, on Forbes real-time rich list…with massive gains of  $852 million.

The 60 year old Kano born mogul is back in the top 100 of world’s wealthiest people as he settles at number 85 on the coveted barometre.

The king of cement, sugar, salt, flour and more is smiling as he makes remarkable leaps in his conglomerate.

Once ranked at number 23 with $25 billion fortune, the insecurity fueled by the 2015 general elections, plummeting stocks, falling Naira against international currencies and lack of investor confidence affected the economy, and his income.

But things are beginning to look up. The $11.9 billion  net worth of a few weeks back jumped to $12.5 billion by Wednesday, May 31. And on Friday, June 2, at 2:55 pm, it stood at $13.4 billion. By Tuesday, June 6, it peached at $14.3 billion.

For the chairman of Globacom and Conoil, 64 year old Dr. Michael Adenuga, Jnr, he’s at number 262 on the Forbes list with $6.1 billion. He regained $8 million in one day.

For the first time in a long while, 66 year old Mrs. Folorunsho Alakija of FAMFA Oil gained $100 million. Her fortune climbed to  $1.8 billion, and she’s at number 1,283.

Things are looking good for our three dollar billionaires.  And soon, Mr.  Femi Otedola and Alhaji Abdulsamad Rabiu, the other two tycoons who fell off the list, will return.



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