Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

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
[ Post Reply | Private Reply | View Replies]

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.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Innovative
Clearly this is Whitey's FaultTM.
3 posted on 01/12/2019 9:42:20 AM PST by EEGator
[ Post Reply | Private Reply | To 1 | View Replies]

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)
[ Post Reply | Private Reply | To 1 | View Replies]

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
[ Post Reply | Private Reply | To 1 | View Replies]

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!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CptnObvious

This was actually in Forbes.

Check the link.


7 posted on 01/12/2019 9:51:37 AM PST by Innovative
[ Post Reply | Private Reply | To 2 | View Replies]

To: Innovative
guess it depends on the currency...

8 posted on 01/12/2019 9:54:39 AM PST by Chode ( WeÂ’re America, Bitch!)
[ Post Reply | Private Reply | To 1 | View Replies]

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)
[ Post Reply | Private Reply | To 1 | View Replies]

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.)
[ Post Reply | Private Reply | To 7 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson