Billionaires list: Dangote loses $900m in 24 hours

Dangote commits $700m to sugar production

Billionaires list: Dangote loses $900m in 24 hours   The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw his total net worth drop by $900m on Friday as his flagship company emerged the biggest loser at the end of trading on the Nigerian Stock Exchange. Bloomberg Billionaires Index, which is a ranking of the world’s 500 richest people, showed that his wealth fell from $18.4 billion on Thursday to $17.5 billion on Friday, making him the 114th wealthiest man in the world, down from 106th the previous day. Dangote’s net…

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