It was, however, not a good Tuesday for Nigerian billionaires as their wealth dropped, according to Forbes. Aliko Dangote, who retains his position as the wealthiest man in Africa, suffered the biggest loss among Nigerian billionaires, losing $643 million of his wealth on Tuesday. His new net worth of $12.9 billion ranks him as the 152nd richest man in the world, a drop from his previous day's ranking of 143rd. Similarly, Mike Adenuga, the second richest man in Nigeria, saw his net worth stand at $6.7 billion, having lost $6 million on Tuesday. Abdulsamad Rabiu occupies the third position with a net worth of $5.1 billion. On Tuesday, his wealth dropped by 9%, or $504 million. Combined, the total net worth of Adenuga and Abdulsamad stands at $11.8 billion. Femi Otedola, the last Nigerian on the Forbes list, recorded a $124 million drop in net worth, now worth $1.4 billion. Read also