Former president of FIFA, Joao Havelange, has passed on at the age of 100. The Brazilian was credited for transforming the world football governing body, into a multi-billiondollar business during his two-decade stint.
Dangote's net worth dropped due to the recent operational charges on the foreign exchange market carried out by the Central Bank of Nigeria, which led to the depreciation of the Naira against the US dollar.
According to Bloomberg, Aliko Dangote, the wealthiest man in Nigeria and Africa, has lost $8.9 billion due to the volatility of the Nigerian currency against the US dollar, causing his peak net worth to fall drastically below $15 billion.
While it's important to note that the akara business is not yet valued in millions of naira, this optimistic young man already labelled it as a billion-dollar brand.
The US dollar index, which compares the US dollar to six rival currencies, was at 105.9 index points on Thursday, not too far from its one-week low of 105.8 points.
In a post shared via Facebook, theman identified as Mohammed Aminu Yahaya claimed that the boys failed six out of seven courses in their first semester.
We did not even bargain the price. Joshanties, uwinja maber? Kose koro uchamo omena e shanties kono. BILLIONDOLLAR CEO," he captioned the post. He also shared photos of the new car on his Facebook story.
Considered the richest man in sports entertainment with a net worth of over $3 billion, McMahon orchestrated the sale of WWE to Endeavor Group for $103.95 a share in September, stepping into the role of executive chairman of TKO thereafter.
However, on Tuesday, he revealed the club is not for sale. Ratcliffe is the head of chemical company INEOS and Britain's richest man with a reported worth of £9.8 billion.
Football is the most popular sport in the world. It is a multi-billion-dollar industry, and the players who excel at the highest level are paid handsomely.