Billionaire businessman, Aliko Dangote, reportedly lost a whooping $900million on Friday, January 8, after his company, Dangote Industries Limited, emerged the biggest loser at the end of trading on the Nigerian Stock Exchange.
According to Bloomberg Billionaires Index, his wealth fell from $18.4billion on Thursday to $17.5billion on Friday, making him the 114th wealthiest man in the world, down from 106th the previous day.