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Fewer Billionaires, Poorer Billionaires On African Continent In 2019
Forbes ^ | Jan. 12, 2019 | Kerry A. Dolan

Posted on 01/12/2019 9:39:19 AM PST by Innovative

Buffeted by plunging stock prices and weaker currencies, the number of African billionaires has shrunk to just 20, down from 23 a year ago. Four people fell off Forbes’ annual list of the continent’s richest since last year while one returned to the ranks after a four-year absence. All but four members of the list have smaller fortunes than a year ago.

For the eighth year in a row, Aliko Dangote of Nigeria is Africa’s richest person. His estimated $10.3 billion net worth, however, is nearly $2 billion less than a year ago, primarily due to a roughly 20% drop in the stock price of Dangote Cement, his

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Miscellaneous; Society; Weird Stuff
KEYWORDS: africa; billionaires; forbes
My heart bleeds, those poor, poor billionairs.

We need to start a donation campaign.

1 posted on 01/12/2019 9:39:19 AM PST by Innovative
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To: Innovative
Lets all croak because there are 3 less BILLIONAIRES in Africa.

And this passes for News these days??

2 posted on 01/12/2019 9:41:36 AM PST by CptnObvious (Question her now.)
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To: Innovative
Clearly this is Whitey's FaultTM.
3 posted on 01/12/2019 9:42:20 AM PST by EEGator
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To: Innovative

“...Poorer Billionaires...”

Is this an oxymoron, or what?


4 posted on 01/12/2019 9:49:11 AM PST by budj (combat vet, 2nd of 3 generations)
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To: Innovative

All they need to do is kill off some white farmers and small business owners, sell their assets and all will be good again.


5 posted on 01/12/2019 9:50:25 AM PST by antidemoncrat
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To: Innovative

The Nigerian billionaires have been giving all their money to ME.


6 posted on 01/12/2019 9:50:44 AM PST by Fido969 (In!)
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To: CptnObvious

This was actually in Forbes.

Check the link.


7 posted on 01/12/2019 9:51:37 AM PST by Innovative
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To: Innovative
guess it depends on the currency...

8 posted on 01/12/2019 9:54:39 AM PST by Chode ( We’re America, Bitch!)
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To: Innovative

They need to stop giving all their billions to random strangers on the internet.


9 posted on 01/12/2019 10:28:23 AM PST by eclecticEel ("The petty man forsakes what lies within his power and longs for what lies with Heaven." - Xunzi)
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To: Innovative
This was actually in Forbes.

And why does that make it significant?

10 posted on 01/12/2019 12:09:18 PM PST by CptnObvious (Question her now.)
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