Tag: Warren Buffet

Aliko Dangote Again Emerges Africa’s Richest, Ranks World 51st worth $15.4 Billion-Forbes

By InvestAdvocate Lagos (INVESTADVOCATE)- Aliko Dangote, has emerged the 51st richest man in the world and still the richest man in Africa for the sixth consecutive time with net worth of $15.4 billion, according to Forbes latest ranking in 2016. Dangote has diverse investment in sugar, cement, flour and beverage […]

SEC sues over Heinz option trading before buyout

Securities regulators filed suit on Friday against unknown traders in the options of ketchup maker H.J. Heinz Co, alleging they traded on inside information before the company announced a deal to be acquired for $23 billion by Warren Buffett’s Berkshire Hathaway Inc and Brazil’s 3G Capital. The suit marks the […]