African richest man and chairman of Dangote group, Aliko Dangote has dropped rank in the list of world richest persons.
Recent ratings by Forbes magazine saw the Nigerian Born billionaire drop from 51 position to 105.
Statistics shows that the industrialist wealth dropped from$15.4 billion 2016 to #12.2 billion in 2017
Part of factors that led to the decline is the continues devaluation of the Naira.
Yesterday, Amazon founder
Jeff Bezos briefly overtook Bill Gates as the world’s richest man on Forbes’ real-time ranking, but later dropped back to second place.
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