How Dangote's Fortune Added $48.2m on Christmas Eve

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Alico Dangote
Aliko Dangote

Aliko Dangote, Africa's richest man, is said to have added $48.2 million (N19.8 billion) to his fortune in the last 24 hours before Christmas. Dangote added to his fortune on December 24, 2021, just in time for the holiday season.

According to a report, Dangote's increased wealth has helped him keep his place among the world's billionaires. Bloomberg reports that his enterprises, which account for a third of Nigeria's total public market value, raised his wealth by 0.03 percent on Friday, December 24.

According to the Bloomberg Billionaires Index, Dangote's fortune grew from $1.49 billion on Wednesday, December 23 to $1.54 billion on Friday, December 24 as a result of the gain.

Dangote remained the 97th richest man alive among the world's 500 billionaires as a result of the gain.

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