Fewer Billionaires, Poorer Billionaires On African Continent In 2019From: email@example.com
Jan 13 2019 18:48:27
Fewer Billionaires, Poorer Billionaires On African Continent In 2019
Buffeted by plunging stock prices and weaker currencies, the number of
African billionaires has shrunk to just 20, down from 23 a year ago.
Four people fell off Forbes annual list of the continents richest
since last year while one returned to the ranks after a four-year
absence. All but four members of the list have smaller fortunes than a
For the eighth year in a row, Aliko Dangote of Nigeria is Africas
richest person. His estimated $10.3 billion net worth, however, is
nearly $2 billion less than a year ago, primarily due to a roughly 20%
drop in the stock price of Dangote Cement, his most valuable asset.