Man became millionaire after rice trade puzzle

A man buys rice at $1 a pound from American growers and sells them at $0.05 a pound in Africa.

As a result of this he becomes a millionaire. How come?


SherlockHolmes Expert Asked on 3rd September 2016 in Logic Puzzles.
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    The man was a Billionaire .After selling the rice he lost the money and become a Millionaire.

    dyj Expert Answered on 3rd September 2016.
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