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Nairaland Forum / Nairaland / General / Business / Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion (24660 Views)
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Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by IVORY2009(m): 7:29pm On Aug 31, 2016 |
PaulIdu: I will only just list 2 things for you to reason as fast as you can, and that will backup all wat I hv been explaining ever since. Why do u think that Alhaji Dangote the suppose richest man in "Africa" always donate largely to support any presidential candidate he he sure of winning the presidential election? some time 500Million naira to 800 million naira donated, Answer is to pave way for his business to strive, think back memory lane, the election dat brought Obj in, he donated, the one dat brought late President Yara dua same, the 1st tenure of Gej same, but the last general elections, Dangote never known who to support and he never played his cards well anofe, I will stop here, der are some things, dat are not for public consumption 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by ISpiksDaTroof: 7:35pm On Aug 31, 2016 |
GossipHeart:Why won't you pray it gets worse, you're still poor and wretched either way, so? Right? Its easy to know the hopeless ones in real life even online. 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by hUmaneOne: 7:36pm On Aug 31, 2016 |
sukkot: It's not the same as your speculative cash you've been yapping about. We all know of paper wealth .try again 2 Likes |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Montaque(m): 7:40pm On Aug 31, 2016 |
Was the naira devalued in june? |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 7:41pm On Aug 31, 2016 |
hUmaneOne:ahhh now you are moving the goal after you found out you are wrong lolzzz. well i suggest you go look at the meaning of speculative in the dictionary. speculative means ' guess ' . so the game of SHARES is a guess game. it can rise and it can crash. if it crashes your billion dollar networth can vanish overnight. this why zuckerberg lost billions of dollars a few years ago cuz facebook shares tanked. Jeff Horwich: Well, easy come, easy go: Facebook CEO Mark Zuckerberg has dropped off Bloomberg's top ten list of the richest tech billionaires. The reason is that shares of Facebook are near record low. |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by mhizAnnie(f): 7:47pm On Aug 31, 2016 |
WebSurfer: If I say "Oga dangote biko dash me one percent or even half of that one percent" e nor go gree choiii 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by hUmaneOne: 7:50pm On Aug 31, 2016 |
sukkot:I've been quoting a teen.. Well a smart one tho Chai Nairaland.. 3 Likes |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 7:52pm On Aug 31, 2016 |
hUmaneOne:now you are just being belligerent. accept defeat and move on with your life |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by emerged01(m): 7:58pm On Aug 31, 2016 |
GossipHeart:Anybody living abroad wishing bad to befall this country will be deported except God is not His throne. |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sinistermind(m): 7:59pm On Aug 31, 2016 |
iamrealdeji: And do you think dis administration would be able to make just one?? Let's wait n see 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Nobody: 8:00pm On Aug 31, 2016 |
AK481: My dear. If i had purchased dollars in January 2015, by now i would have been twice richer. Brooding over this since yesterday.. Smh. 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Majoo: 8:01pm On Aug 31, 2016 |
lordcabasa:Dangote loses his money not on economic hardship but on the imported Indians paying money for without doing anything for bringing an expatriate as cleaner in Nigeria, what most Nigerian Engineers can do better while importing Indians again |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by onyidon21: 8:06pm On Aug 31, 2016 |
with this kind of loss in a year alone, i dnt think he can still retain his position as the richest man in the continent come 2017 if the the economy continues this way |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Nobody: 8:07pm On Aug 31, 2016 |
IVORY2009: He enjoyed more monopoly under OBJ who stopped his competitors. GEJ liberalized the market for everybody.. 2 Likes 2 Shares |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by chiefobdk(m): 8:19pm On Aug 31, 2016 |
sukkot: he is poorer in dollar... |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by nigerianvenom(m): 8:21pm On Aug 31, 2016 |
IVORY2009: Free entry from who n who? Uve bin told why he's affected, u are here talking about competition. Is it the same competition that has also rendered most bank workers jobless? Is it same competition that has also send most airline off the Nigerian market? Think twice before typing. 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by dragonking3: 8:21pm On Aug 31, 2016 |
IVORY2009:Mention the compepitors/ manufacturers that just entered into the market? Also provide the proof that he isn't enjoying tax holiday too? 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Pavarottii(m): 8:26pm On Aug 31, 2016 |
OmoAjowa7:Do u know the meaning of networth? 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Itulah(m): 8:26pm On Aug 31, 2016 |
1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 8:29pm On Aug 31, 2016 |
chiefobdk:has nothing to do with dollar. dangote is not stupid enough to keep his money in paper money. its his shares |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by NevetsIbot(m): 8:30pm On Aug 31, 2016 |
GossipHeart:I wanted to say amen to that o.. But that your curse... Nne na wa o |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Pavarottii(m): 8:34pm On Aug 31, 2016 |
IVORY2009:Competitors from where nau. Use ur brain myfriend; where would dey see the forex from to compete? 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by lordkhalifa(m): 8:59pm On Aug 31, 2016 |
Jonathan made him No1 in Africa No21 In the world. but doghari made him lose 35% of his wealth... high time we swallow our pride and beg JoJo to come back 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by segcymoor(m): 9:32pm On Aug 31, 2016 |
Hmnn n |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by ek124(m): 9:49pm On Aug 31, 2016 |
chiedu7:is he your father in fact where was ur father when his mates were hustling see ur big mouth 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Aroh48(m): 11:18pm On Aug 31, 2016 |
GossipHeart:guy,you bad oooo |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Godemcee(m): 11:32pm On Aug 31, 2016 |
iamrealdeji:at least he produce one,now buhari his takin the one from us,if bubu continue like this before 2019 dangote might declare bankrupt 1 Like |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Lakeland4321: 11:52pm On Aug 31, 2016 |
sukkot:pls if you do not understand how this happened you ask questions. His wealth dipped because the Maura devalued heavily against the dollar. His wealth is mostly in stocks (eg dangote cement, dangote flour etc) and they are listed on the nigerian stock exchange in naira off course so whenever the naira devalues sharply by a certain percentage Dangote's wealth is also devalued by similar percentage. Pff course this would not have happened if his wealth were in dollars but as a patriot his wealth is on naira. 2 Likes |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by BobUg28(m): 12:06am On Sep 01, 2016 |
I'm short of words. If this has massively affects Dangote, we should have lles to worry about. |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 12:13am On Sep 01, 2016 |
Lakeland4321:my point exactly. so whats the argument ? its stocks and not real money. please dont mention me again biko. |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by danosky91(m): 6:38am On Sep 01, 2016 |
Emmaxman4best:selfish billionaire how has he helped us in terms of charity or borrow d nation if nt just employment. Unlike his foreign counterpart d Bills and zuck 2 mention.whr d he get his wealth from is it nt 4rm d nigeria population. All we ask is help d nigeria nation.... |
Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sirblondy(m): 7:39am On Sep 01, 2016 |
This man is capable of making dangote broke..we are dead ooo.. |
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