How Dangote declined from billionaire ranking as Zuckerberg rises in ranking

  • Chairman of the Dangote Group, Aliko Dangote, has dropped in billionaire ranking
  • The Nigerian billionaire lost about $117 million recently despite the steady performance of his cement company
  • In contrast, Meta CEO Mark Zuckerberg saw his wealth balloon by over $80 billion in 2023 to occupy the sixth position on the billionaires’ list

Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.

A few days after his $18 billion refinery began production, Nigeria and Africa’s wealthiest man, Aliko Dangote, has dropped in billionaire ranking.