May 2nd, 2020 at 10:18 pm
SHOCKING | Shatta Bandle’s net worth disclosed
The sensational internet critique of Billionaire Aliko Dangote GCON, Shatta Bandle, has finally disclosed his net worth. It comes at time to have most of his naysayers mesmerized.
Many thought that Shatta Bandle, the shortest Ghanaian youth with the longest pocket is in the news only to entertain but it is otherwise. The internet personality has a lot of asset to show.
Although his net worth is one that can never be under rated especially in Ghana and Africa at large, newsnowgh.com can confirm that, Dangote with his US$10.6 billion is only 10% richer than the youth, Shatta Bandle.
Haven followed the needed accounting principles, Chattered Accountant to Shatta Bandle, Dr Michael Siaw Larbi has made available to newsnowgh his boss’s net worth grouped under assets. That is fixed and current assets with liquidity holding positive.
ASSETS
His total assets stand at a net worth of US$9.5 billion. This has been sub categorized under fixed and current assets.
FIXED ASSETS
His biggest company, Bandle Bulk Oil Distribution in Ghana, west Africa, has a fixed assets standing at some US$6.1billion. This company is into oil trade responsible for oil storage and transportation to hundreds of oil marketing companies across West Africa.
Some of the assets are tank farms, storage facilities, pipelines, mooring facilities, useful land and nearness to market. Some of the assets are tank farms, storage facilities, pipelines, mooring facilities and useful land.
CURRENT ASSETS
Shatta Bandle’s inventory, cash and account receivables takes the remaining US$3.4 billion. His Chatted Accountant has told newsnowgh.com that the accounts of Bandle have stood at surplus for a while.
Dr Larbi however decline to disclose the other business that builds up the current assets. Some suspect that Shatta Bandle is also into gold mine. newsnowgh is closely following up with the story to feed cherished readers about every related development.