Africa’s richest billionaire crashes in global ranking
Aliko Dangote is not invincible after all. The Chairman of Dangote Group and Africa’s former richest billionaire, like the proverbial yo-yo, is manipulable and subject to the whim of gravity and the arbitrary string of fate.
Following the crash of the naira, Dangote has dropped off the list of the 100 richest people in the world. Before his unfortunate crash down the ladder of the world’s richest men, Dangote was the 51st richest man in the world – as at March 2016. But recent estimates show that he has dropped to the 101st position as at the start of business last Monday.
