June 27, 2016 – Mike Adenuga Loses N448Billion From Net Worth In One Week As Dangote Gained N84Billion
Like a dream of the night, Nigerian billionaire Mike Adenuga has suffered a huge loss in net worth.
The fluctuating exchange rate which began on June 20 has cost Adenuga a fortune. The Globacom boss reportedly lost $1.6billion within a week while Aliko Dangote gained $300million.
Folorunsho Alakija on the other hand retained her $1.7billion net worth.
Adenuga’s net worth dropped from $8.9 billion to $7.3 billion, a total of $1.6 billion.