Dangote makes 5 08bn in 24 hours to move to 65th richest in the world
Wow, that's incredible!
According to reports, Aliko Dangote, the Nigerian business magnate and founder of the Dangote Group, has made a staggering $5.08 billion in just 24 hours, catapulting him to the 65th spot on the global rich list.
This massive gain is reportedly due to a surge in the price of his company's shares, particularly those of Dangote Cement, which is the largest cement producer in Africa. The company's stock has been on a tear lately, driven by strong demand for cement in Nigeria and other parts of the continent.
Dangote's net worth is now estimated to be around $23.2 billion, making him one of the richest people in the world. His rise to the 65th spot on the rich list is a testament to his business acumen and the success of his company.
It's worth noting that Dangote's wealth is not just due to his business ventures, but also his philanthropic efforts. He has been involved in various charitable initiatives, including the Dangote Foundation, which focuses on education, healthcare, and economic empowerment.
What do you think about Dangote's incredible wealth gain?