Africa’s richest man Aliko Dangote loses $500 million as cement firm shares fall
Dangote, the continent’s wealthiest man, has seen his net worth dip below $20 billion in recent times.
Aliko Dangote
Africa’s richest man Aliko Dangote gains more than $950 million so far this year
The surge in his net worth represents the largest wealth gain by an African billionaire since January.
Aliko Dangote’s auto company, Dangote Peugeot Auto, has begun Peugeot assembly in Nigeria
Dangote Peugeot Automobiles Nigeria Limited is owned by Dangote, the governments of Kaduna and Kebbi, and Stellantis Group.
Aliko Dangote’s Dangote Cement buys back shares worth $84.5 million
Dangote Cement is Africa’s largest cement maker, with a production capacity of 48.6 million tonnes per year across 10 countries.
Nigerian billionaire Aliko Dangote retains position as Africa’s richest man for eleventh year in row
Forbes ranked Dangote as Africa’s richest man in its 2022 African billionaires list.
Africa’s richest man Aliko Dangote’s refinery to kickstart operations in Q3 2022
The plant will begin full production possibly by the end of 2022, or the beginning of 2023.
Africa’s richest man Aliko Dangote gains $600 million as cement company plans to buy back $112.75 million in shares
Dangote’s wealth has increased by over $929 million since the start of the year.
Aliko Dangote’s cement company launches move to buy back shares worth more than $112.7 million
Dangote Cement will buy up to 170,003,074 fully paid-up ordinary shares.
Africa’s richest man Aliko Dangote gains back $200 million after losing $1 billion in day
The $200-million wealth bump can be linked to the rising share price of his cement and sugar businesses.
Africa’s wealthiest man Aliko Dangote loses over $1 billion in single day as investors book profit
Yet his $19.1-billion net worth makes him the richest Black man alive and the 100th wealthiest man in the world.
Africa’s wealthiest man Aliko Dangote loses younger brother, Sani Dangote
The death of the Nigerian industrialist has sent shock waves across Africa’s richest economy.
Richest Black man alive Aliko Dangote now worth over $20 billion, net worth up by +$2.4 billion in 2021
So far this year, his personal net worth is up 13.6 percent, an average gain of $7.66 million per day.
Africa’s wealthiest man Aliko Dangote sees net worth rise by $1.4 billion in 2021
The richest Black man alive has amassed a staggering $19.2-billion net worth through Dangote Group.
Aliko Dangote’s cement group reports highest-ever 9M revenue, profit surges above $670 million
It is the largest figure since the leading cement group commenced operations about 40 years ago.
Aliko Dangote’s salt-processing business reports $5.9 million in profit in 9M 2021
The Nigerian billionaire has received $1.6 million in dividends from the company since the start of 2021.
Billionaire industrialist Aliko Dangote set to deliver MKO Abiola National Stadium Abuja to Nigeria in November
Unforeseen glitches extended the project handover deadline, which was originally scheduled for March.