Africa’s richest man Aliko Dangote loses $1.4 billion so far in November
Billionaires Africa | 21.11.2025 00:54
Aliko Dangote, Africa’s richest man and founder of the Dangote Group, has lost $1.4 billion so far this month, according to the Bloomberg Billionaires Index. His net worth dropped from $30.6 billion on Nov. 1 to $29.2 billion. The decline over the past 20 days has cut his year-to-date gains from $2.5 billion to $1.1 billion, a shift closely tied to the performance of his publicly listed companies, particularly Dangote Cement Plc, on the Nigerian Exchange (NGX).
