Bloomberg Billionaire Index report has revealed that Nigerian business tycoon, Aliko Dangote, made a whopping N460bn in a day, a sum that covers the annual budgets of about three states in the country.
Osun state’s annual budget for 2023 is N138 billion; that of Yobe is N163b while Anambra spent N141.9bn in 2022.
However, the report said one Nigerian made N460bn in just one day.
The exponential growth in his wealth was fueled by increased demand for Dangote Cement. He maintains a majority share at his Cement company, following the company’s announcement of a significant share buyback two weeks ago.
The latest report showed that Dangote solidified his spot as Africa’s richest man and still overtook two Russians, one Chinese, and an Indian on the billionaires’ list on Monday in the world rankings.
