Aliko Dangote Net Worth Aliko Dangote Net Worth: Aliko Dangote is a Nigeria billionaire businessman, investor and an established entrepreneur who has a net worth of $8.8 billion dollars. Aliko [â¦] He was named Co-chair of the US-Africa Business Center, in September 2016, by the US Chamber of Commerce. Dangoteâs Early Life. He was born into a very wealthy ⦠The Aliko Dangote Foundation (ADF) has pledged to provide grants totaling $3.06 million to 106,000 women across northern Nigeria before the end of 2019. He has at times been the wealthiest man in Nigeria, and also the Tweet. The Nigerian businessman has an impressive net worth of 13.9 billion USD, according to 2018 Forbes ranking. Aliko Dangote net worth. Dangote Cement produces 45.6 million ⦠These 10 Whopping Homes & Cars Of ⦠Top List ï¸ . Dangote's grandfather was a successful trader of rice and oats in Kano, Nigeria's second largest city. As of now, Aliko Dangote had an estimated net worth of US$10 billion. Aliko Dangote comes from a family of fortune, but he hasnât taken that wealth for granted. Let us put our heads together and work. Aliko Dangote, an ethnic Hausa Muslim[4] from Kano, Kano State, was born on 10 April 1957 into a wealthy Muslim family,[5][6][self-published source? [21], Aliko Dangote, as well as Femi Otedola, promised to give the Super Eagles of Nigeria US$75,000 for every goal scored in the Africans Cup of Nations (AFCON) 2019. [7] He was previously married, and has three daughters, and one adopted son. He also gets a royalty from his family business. He founded and chairs Dangote Cement, the continentâs largest cement producer. "[9], Dangote was educated at the Sheikh Ali Kumasi Madrasa, followed by Capital High School, Kano. You will not see him parading his wealth on social media. Africa’s richest man, Aliko Dangote, plans to invest in the energy and agricultural sectors of Zambia. Aliko Dangote Net Worth. Aliko Dangote, Africa's richest man, founded and chairs Dangote Cement, the continent's largest cement producer. In addition, he is collaborating with the Bill and Melinda Gates Foundation to fight polio and other issues. The company employs more than 11,000 people and is the largest industrial conglomerate in West Africa. Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits. He owns 85% of publicly-traded Dangote Cement through a holding company. In this article, we take a look at Aliko Dangote's net worth in 2020, total earnings, salary, and biography. Dangote is the richest man in Nigeria and Africa, 162 positions of the Richest man in the world and 66th powerful Person in the world; Aliko Dangote, Africaâs richest man, founded and chairs Dangote Cement, the continentâs largest cement producer. Aliko Dangote is one of the richest people in Nigeria and is also rated as the richest businessman in the African continent. Dangote Refinery has been under construction since 2016 and is expected to be one of the world's largest oil refineries once complete. How Africaâs richest man, Aliko Dangote built his $10bn net worth. The Nigerian businessman's fortune surged 557% in 2010, making him the world's biggest gainer in percentage terms and Africa's richest individual for the first time. He won the '2016 African Business Leader Award,’ organised by the Africa-America Institute (AAI). Dangote Tomato Processing Factory, a newly commissioned company owned by Africa’s richest man, Aliko Dangote, has suspended its operations due to the unavailability of its most important raw material – fresh tomatoes. He has made his net worth from his smart investments, business modules and his organisation Dangote Group. Dangote net worth should be of concern to every business minded person especially in Africa. The Aliko Dangote Story", "Group wants Obasanjo prosecuted over Presidential Library donations, others", "Nigeria reports one more Ebola case, 11 in total", "Africa's richest man gives N150m to fight Ebola - Corporate News", "Dangote donate N200m to fight Coronavirus in Nigeria", https://www.channelstv.com/2019/07/11/afcon-dangote-otedola-to-splash-75000-per-goal-on-super-eagles/, "United Nations Girls' Education Initiative - Global Section - Global Business Leaders Launch Girls' Education Task Force", "U.S. Chamber Names Aliko Dangote Co-Chair of U.S.-Africa Business Center", "US Chamber names Dangote Co-Chair of US-Africa Business Centre", https://guardian.ng/business-services/africas-richest-man-to-co-chair-us-africa-business-center-by-u-s-chamber-of-commerce/, "U.S. Chamber of Commerce Appoints Benedict Peters To Advisory Board of The U.S.-Africa Business Center", "Aliko Dangote GCON – Omnia Strategy LLP", "Bill Gates: Melinda and I are lucky to have Dangote as a friend", "Here's why Bill Gates and Nigeria's Dangote have a 'fruitful partnership, "Bill Gates and Two African Billionaires Say Family Planning is Essential to Africa's Future", "African Business leader and Philanthropist, Aliko Dangote, joins Board of The ONE Campaign", "Dangote and Bono launch poverty tackling partnership", "BN Bytes: Genevieve Nnaji, Stephanie Okereke, Amaka Igwe, Aliko Dangote & Jim Ovia receive Honours – Photos from the Ceremony", "Nigerian Businessman Aliko Dangote Named Forbes Africa Person of the Year 2014", "African Billionaire Fortunes Rise On Forbes 2018 List Of Continent's Richest", "The 100 Most Influential People in the World", "The World's 100 Most Influential People", "Power, Money, and Ideas: Bloomberg Markets 50 Most Influential People", "Dangote Emerges Only African on Bloomberg’s List of 50 Most Influential People", https://guardian.ng/news/dangote-honoured-as-the-guardian-man-of-the-year-2015/, "Businessman & Philanthropist Aliko Dangote to Accept 2016 AAI African Business Leader Award", "American institute names Dangote African Business Leader of the Year", https://en.wikipedia.org/w/index.php?title=Aliko_Dangote&oldid=991687527, Grand Commanders of the Order of the Niger, Recipients of the National Order of Benin, Short description is different from Wikidata, Articles with unsourced statements from August 2020, Articles with self-published sources from February 2020, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, Dangote was awarded Nigeria's second-highest honour, the Grand Commander of the Order of the Niger (, In October 2015, Dangote was listed among '50 Most Influential Individuals in the World' by. These highly controversial gifts to members of the ruling PDP party have generated significant concerns despite highly publicized anti-corruption drives during Obasanjo's second term. Dangote careers and successes can be said to be a result of a sound education first of all. Africa’s richest man, Aliko Dangote plans to invest $500 million in establishing a sugar processing facility in Nasarawa State, Nigeria. Aliko Dangote GCON (born 10 April 1957) is a Nigerian billionaire businessman, who is the founder, chairman, CEO of Dangote Group, an industrial conglomerate in Africa. © 2020 Forbes Media LLC. A lot of foreigners are not investing because they're waiting for the right time. Billionaire Biography Businessman Net Worth. He is a Nigerian businessman and owner of the Dangote Group a pan-African conglomerate. The Dangote Group was established as a small trading firm in 1977, the same year Dangote relocated to Lagos to expand the company. Dangote Group, the Nigerian conglomerate owned by Africa’s richest man, Aliko Dangote, has officially launched a $20 million tomato processing facility in Kano state, northern Nigeria. Aliko Dangote, Africa’s richest man, has disclosed that he plans to buy English Premier League team, Arsenal, within the next four years – a bid that could make him the first African owner of a Premier League club if successful. Aliko Dangote is one of the most successful industrialists not only in Africa but globally. It also has major investments in real estate, banking, transport, textiles, oil, and gas. Forbes and Bloomberg Billionaires Index estimate that Dangote is worth about $10 billion, making him the richest man in Africa and number 162 on ⦠Dangote, the richest man in Africa has a net worth of US$10.6 billion as of 2019. This slight drop in his net worth was due to the COVID-19 outbreak with halted the production of goods and delivery of finished products nationwide. Aliko reached the peak of his wealth in 2014 and topped his net worth to $16 billion. Aliko Dangote, Africa’s richest man, has concluded plans to invest roughly $60 million in Togo in the construction of a cement manufacturing facility. This is according to Forbes.com. Related by origin of wealth: cement, sugar. Share . Furthermore, he bagged a bachelor's degree in business studies and administration from Al-Azhar University, Cairo. Aliko Dangote Accumulated Additional Fortune of $500m in a Month Aliko Dangote, Africaâs richest man and the Chairman of Dangote Group, has gained $500 million in net worth in the last one month, according to the Bloomberg Billionaires index. Dangote has diversified into telecommunications and has started building 14,000 kilometres of fibre optic cables to supply the whole of Nigeria. Dangote has expanded to cover food processing, cement manufacturing, and freight. Dangote net worth 2020 is $10.6 billion According to Forbes. Aliko Dangoteâs net worth has grown commensurately with the expansion and success of the Group. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. He is the hundred and thirty sixth (136th) billionaire in the world and regarded as the 66th powerful people in the world. Aliko Dangote is a Nigerian Entrepreneur from Nigeria. He owns 85% of publicly-traded Dangote Cement through a holding company. He owns nearly 85% of publicly-traded Dangote Cement through a holding company. I was so interested in business, even at that time. He is the great-grandson of Alhaji Alhassan Dantata, the richest West African at the time of his death in 1955. Aliko Dangote was born to Mohammed Dangote Hajia and Mariya Sanusi Dantata on 10 April 1957, somewhere in present-day Kano State, Nigeria. Besides being a respected man who has made a dime from his hard work, Aliko Dangote lives a very private life. [33][34][35], "History & Strategy – Dangote Industries Limited", "The World's Billionaires: Aliko Dangote", "Aliko Dangote's Children: Names of His Sons & Daughters", "Aliko Dangote - a Lesson for African Entrepreneurs", "Aliko Dangote: Things You Never Knew About Him, His Wives and Children - Naija News", "Birnin Kudu College hails Dangote on projects", "Dangote's $1m for renovation of MKO Abiola stadium excites Adelabu - Nigeria and World News", "Somalia orders top U.N. official to leave", "Who Is A Wealthy Man? Nigeria is one of the best-kept secrets. Aliko Dangote Net Worth. Dangote has an estimated net worth of US$8.3 billion as at May 29, 2020, placing him as the 162nd wealthiest person in the world and the richest person in Africa. Ogunyomi Samuel June 9, 2020. [30][31][32] He is also on the Board of One Campaign. Aliko Dangote net worth is approximately $8 billion as at the time of this writing. In this article, you will know more about Aliko Dangote biography and his net worth as of 2020 including his companies, cars, and mansions. Aliko Dangote Net Worth, Salary, Cars & Houses Estimated Net Worth 15000 million Dollar Celebrity Net Worth Revealed: The 55 Richest Actors Alive in 2020: Yearly Salary N/A These Are The 10 Best-Paid Television Stars In The World: Colleagues Alhassan Dantata & Folorunsho Alakija: Houses Currently no houses listed. With his current net worth, he sits comfortably atop Forbesâ list of Africaâs richest men. Aliko Dangote private jets 2020 He contributed N200 million to the Presidential Library. Saturday, November 28, 2020. [10] In 1978, he graduated from the Government College, Birnin Kudu. Dangote has an estimated net worth of US$8.3 billion (July 2020), making him the 162nd wealthiest person in the world and the richest person in Africa. Aliko Dangoteâs net worth. © 2020 Forbes Media LLC. Alike Dangoteâs net worth is currently $12.2 Billion and currently the richest man in Africa and number 105 on Forbes global Billionaires list. He also donated money to the Nigeria sport ministry to renovate the national stadium, Abuja.[14]. Closest to him in Nigeria is Femi Otedola and Folorunso Alakija. Here Are The Richest Musicians In Nigeria (2020) Richest Countries In ⦠EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation with Forbes Insights, Africa’s Richest Man Aliko Dangote To Build $60 Million Cement Factory In Togo, Bill Gates and Two African Billionaires Say Family Planning is Essential to Africa’s Future, Africa's Richest Man Pledges $3 Million To 106,000 Low Income Women, Africa's Richest Man Aliko Dangote To Pocket $650 Million In Dividends, Nigerian Business Leaders Aliko Dangote, Bella Disu, Jim Ovia Attend Choose France Summit, Africa's Richest Man Aliko Dangote Gets $650 Million Loan From Afreximbank For Oil Refinery, Gunmen Kill Dangote Cement Country Manager In Ethiopia, Africa's Richest Man Aliko Dangote Pledges $100 Million To Fight Malnutrition In Nigeria, Africa's Richest Man Aliko Dangote Criticizes Tanzanian President Over Policies, Africa's Richest Man Aliko Dangote To Invest $700 Million In Sugar Processing, Africa's Richest Man Aliko Dangote Plans More Investments In Zambia, Africa's Richest Man Aliko Dangote Still Plans To Take Over Arsenal, Africa's Richest Man Aliko Dangote To Invest $170 Million In Rice, Sugar Production In Nasarawa, Africa's Richest Man Aliko Dangote Suspends Production Of Tomato Paste, Africa's Richest Man Aliko Dangote Bids For Automaker Peugeot Nigeria, Africa's Richest Man Aliko Dangote Opens Tomato Processing Factory. REAL TIME NET WORTH $9.8B as of 11/9/20 Aliko Dangote, Africa's richest man, founded and chairs Dangote Cement, the continent's largest cement producer. "[16], Dangote had a prominent role in the funding of Olusegun Obasanjo's re-election bid in 2003, to which he gave over N200 million (US$2 Million). In the 1990s, he approached the Central Bank of Nigeria with the idea that it would be cheaper for the bank to allow his transport company to manage their fleet of staff buses, a proposal that was also approved. Share. He ensured that his family remains the richest family in Nigeria and Africa by introducing new ⦠He also has shares in some of the business biggies that also help in fueling his fortune. Aliko Dangote attended the Sheikh Ali Kumasi Madrasa, followed by Capital High School, Kano. Africa’s richest man, Aliko Dangote, is set to pocket almost $650 million in dividends from profits made by his Dangote Cement in 2018. At the moment, Dangote is worth $8.4 billion and with that amount of money, he is currently the richest man in the entire Continent of Africa as well. All Rights Reserved. [25][26][27][28] In April 2017, he joined the Board of Directors of the Clinton Health Access Initiative. Aliko Dangote, Africa’s richest man, has announced that he will invest more than $170 million in the production of rice and sugarcane in Nasarawa state, north-central Nigeria. He has said, "Let me tell you this and I want to really emphasise it ... nothing is going to help Nigeria like Nigerians bringing back their money. The fortune of the richest black man alive expanded from $13 billion in August to N13.5 [â¦] [18], In 2014, the Nigerian government said Dangote had donated 150 million naira (US$750,000) to halt the spread of Ebola. Net Worth Aliko Dangote has an estimated net worth of $7 billion as of 2020. As of May 2020, Aliko Dangote is currently estimated to be worth $8 Billion Dollars which is about 3.12 trillion Naira. The rest of this article contains Aliko Dangote net worth 2020 and biography, as well as his personal life which has also been a major topic of interest for both the local and foreign media. This page was last edited on 1 December 2020, at 09:24. Popular Posts. At a fireside chat Monday in New York City, Nigerian billionaire Aliko Dangote, U.K. billionaire Mo Ibrahim and Bill Gates of the U.S. debated factors that play a role in African economic growth, including agriculture, education and the hot button issue of the day: family planning. Countries across Africa worth 2020 Dangote net worth should be of concern to every minded! College, Birnin Kudu an estimated net worth currently is 10.7 billion USD, according to,. Later built facilities for his flour company expanding his interests, Aliko Dangote had an net! 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