Nigerian billionaire, Alhaji Aliko Dangote, and 10 others in the past week made money amid deepening global market rout while their counterparts lost a sum of $182bn (N35.85tn).
This was due to weak manufacturing data from China and a rout in commodities sent global markets plunging.
Dangote posted a $79.2m (N15.6bn) gain from Thursday to Friday, according to Bloomberg’s Billionaires Index.
He was one of six billionaires who saw their fortunes increase in 24 hours on Friday.
Dangote is Africa’s richest man, with a net worth of $15.4bn, according to the Index
