Dangote's worth drops to $10.3bn from $25 billion

Nigerian businessman, Aliko Dangote may have retained his spot as Africa’s leading money bag with an estimated worth of $10.3bn, closely followed by Globacom chairman, Mike Adenuga ($9.2bn), but according to the latest ranking by Forbes, Dangote’s estimated net worth dropped by $2.1bn from 2018.



In 2015, Dangote was reported to have a net worth of $25bn, but three years after, it has reduced to $10.3bn.

Altogether, the 20 African tycoons on this year's Africa's Billionaires list are worth $68.7 billion, down from $75.4 billion from last year https://t.co/FQoUwyGX13pic.twitter.com/KYz94yJjah

— Forbes (@Forbes) January 9, 2019