Popular Billionaire Makes N658b in 1 Day, Equivalent to Debt of All Nigerian States
including unpaid salaries, of N658 billion, which is
about $3.3 billion. The figure is apparently a huge
burden to a country like Nigeria, weighed down by
revenue shortfalls, under-develpment and leakages.
But to Spanish billionaire, Amancio Ortega, Europe's
richest man and second richest man in the world, it
is all in a day's job, or rather, just part of the day's
takings.
On Monday, the billionaire added $3.3 billion to his
fortune, as shares in Inditex, owner of Zara, the
world's largest clothing retailer, rose 3.9 percent.
The Spanish billionaire's gain was $500 million more
than the combined increase recorded by everyone
else among the world's 10 richest people tracked by
the Bloomberg Billionaires Index. The rise caps a
surging performance for Ortega in the first half of
this year.
His fortune has risen by $11billion to $72billion, an
18 percent rise, compared to the slight decline in the
fortunes of Bill Gates, the world's richest man, and
Warren Buffett, the third-wealthiest person on earth.
A Bloomberg report noted that while Ortega still
trails Gates's $86 billion net worth, his fortune has
increased 80 per cent in the past three years, double
the growth rate of the Microsoft co-founder.
Source: Leadership
This goes to show that Nigeria is not a rich country
but our leaders don't know, they are just stealing.
•Online PR | Photography | Graphics | E-Consultancy
• www.ThatYorubaBoy.com
☎ Call: +2348027631814
Blackberry Pin:25C01796
0 Comments: