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.
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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.