Nigerian billionaire, Aliko Dangote caused a stir in the world
global market after he posted a staggering $79.2m (N15.6bn) gain from Thursday
August, 20, 2015 to Friday, August 21, 2015.
Aliko's gain caused a stir as he alongside 10
other billionaires from around the world made money amid deepening global
market rout while a large number of world richest people lost heavy sums.
According to reports, while some of the world’s
richest people that include Bill Gates,
Warren Buffett and Mark
Zuckerberg lost a sum of $182bn (N35.85tn) over the
past week, Dangote remained happy in the global market rout.
In a report by Bloomberg’s Billionaires
Index, Dangote was one of six billionaires who saw their fortunes increase in
24 hours to Friday.
The world’s 400 richest people lost
heavy sums last week from their collective fortunes as weak manufacturing data
from China and a rout in commodities sent global markets plunging.
'For them, that’s a fractional
percentage, even though $182bn is a big number. A week like this feels really
bad, but when you take a step back, in a big picture view it’s not a disaster
by any means,' said John Collins,
director of investment advisory at Aspiriant, which oversees more than $8bn for
high net-worth clients.
Eleven billionaires added to their fortunes,
in spite of the market turmoil. The week’s biggest dollar gainer was Sun
Pharmaceuticals’ Dilip
Shanghvi. The world’s 39th-richest person became $467m
wealthier, elevating his net worth to $18.9bn.
The Bloomberg Billionaires
Index takes measure of the world’s wealthiest people based on market and
economic changes and Bloomberg News reporting. Each net-worth figure is updated
every business day at 5:30 p.m. in New York and listed in US dollars.
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