Nigeria’s third-richest individual, AbdulSamad Rabiu, experienced a significant decline in his net worth, shedding $456 million in a single day.
This drop brings his total wealth to $4.6 billion, marking an 8.99% decrease, according to Forbes estimates.
Since the start of 2024, Rabiu’s fortune has fallen by $600 million from a previous valuation of $5.2 billion.