Africa's Richest man, who also doubles as Nigeria's Richest, Alhaji Aliko Dangote, have slipped down the World Richest Man rankings, according to bussiness newspaper Bloomberg.


According to the newspaper, Dangote, who was worth $15.4 Billion (N3.05 Trillion) in march, and was occupying the 51st position, is now worth $11.1 billion (N3.3 trillion), and now occupies the 101st position on the said list.

This situation is caused by the crash of Nigeria's Naira in the international market, making him richer in Naira than in Dollars.

Dangote, however, remains richer than American TV personality, Oprah Winfred and American Republican Party's Presidential candidate, Donald Trump, both worth $4.5 billion and $3.1 billion respectively.


Published by Merife Obinna