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Stats: 17,515 members, 69,795 Topics, 15,477 Comments. Date: Jun 25 2019, 8:38 pm

Habeeblah Olamilekan
Kwara state polytechnic,ilorin
Masscommunication
Graduate, Nigeria.
It was reported that Dangote is nearly $2 billion less than what is net worth was in 2018. This was reportedly due to a 20% drop in the stock price of Dangote Cement which is his most valuable asset. This is the eighth time Dangote would top the richest billionaires' list in a row.

Forbes recorded the origin of wealth of the billionaires. Dangote's source of wealth comes from his production of cement, sugar and flour, Adenuga owns Nigeria's third-largest mobile phone network and oil exploration firm, Conoil Producing.

While Alakija owns a stake in one of the most productive oil fields in Nigeria, currently operated by Chevron and Abdulsamad Rabiu a cement mogul who owns the BUA Group

The list ranks Egypt and South Africa with five billionaires each, Nigeria with four and Morocco has two.

It was revealed that the net worth of the 20 business tycoons altogether sums up to $68.7 billion and the average net worth for each person climbed to $3.4 billion from $3.3 billion in early 2018.

See also:Top 4 Most Influential Nigerians in the World: Nigerians in Top Positions -


source: www.legit.ng/1214479-forbes-releases-2019-list-africas-richest-billionaires-dangote-tops-it.html
Forbes Releases 2019 List Of Africa

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