As of June 15, 2023, information from the Bloomberg Billionaire Index, BBI, a daily rating of the world’s wealthiest individuals, revealed unfavorable changes in the estimations of the wealth of Nigerian businesspeople.
Aliko Dangote and Abdulsamad Rabiu, two billionaires from Nigeria who are among the 500 richest individuals, have both lost a combined $5.85 billion.
The index showed that Dangote, the chairman, and CEO of the Dangote Group, lost roughly $3.12 billion in the most recent revision. While Rabiu, the CEO of BUA Group, according to the BBI lost $2.73 billion of his money.
