OMG! Dangote doubles total wealth in 24 hours, surpasses 100 billionaires in world ranking

According to the Bloomberg Billionaires Index, Dangote’s wealth rose by $15.1 billion(about N24.71 trillion) on Wednesday.

Before Wednesday, based on Bloomberg data, the highest level of Dangote’s wealth was $25.7 billion in July 2014.

Dangote’s impressive performance was evident on Wednesday as he doubled his net worth and recorded the highest wealth increase among all 500 billionaires surveyed.

His newfound wealth has elevated him to 65th on the list of the world’s richest men, placing him more than 100 spots ahead of South African billionaire Johann Rupert, who is ranked 174th.

Rupert, now the second richest man in Africa, has a net worth of $13.6 billion.

On the global front, Elon Musk is the only one of the three billionaires in the world worth over $200 billion that increased his wealth.

Elon Musk, the CEO of Tesla and X, made $1.26 billion to push his net worth to $242 billion.

Jeff Bezos, with a net worth of $210 billion, recorded a decline of $928 million.

Mark Zuckerberg, the owner of Facebook, maintained his position as the third richest man in the world with a net worth of $204 billion, despite a $3.2 billion drop in wealth.

TimesNow.com.ng earlier reported that the NNPC has agreed to sell petrol to Independent Petroleum Marketers Association of Nigeria (IPMAN) members at N995 per litre.

The development comes amid the Department of State Services intervention in the face-off between the marketers and the state oil firm.

Hammed Fashola, IPMAN’s national vice president, disclosed that the DSS intervention solved several marketers’ problems.

Source: TimesNow.com.ng

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