Abdul Samad Rabiu’s net worth nears $8 billion after $400 million rebound
Abdul Samad Rabiu regains $400 million, lifting his net worth to $7.9 billion amid naira recovery and market growth.
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Abdul Samad Rabiu regains $400 million, lifting his net worth to $7.9 billion amid naira recovery and market growth.
The sharp decline highlights the volatility of Nigeria’s currency and its direct impact on the fortunes of the country’s wealthiest individuals.
His $100 million gain comes after an impressive 2024, during which his net worth grew by $600 million
Dangote’s net worth had recently surged to $11.2 billion, putting him on the verge of reclaiming the title of Africa’s richest man.
Dangote’s net worth has declined by a staggering $400 million within the past seven days, dropping from $10.8 billion to $10.4 billion.