Aliko Dangote Net Worth – Is He the Richest Person in Nigeria?

In this post, we’ll talk about Aliko Dangote’s age, his relationships, his family, and how much money he has. Keep reading until you get to the end for more information. As per Celebritynetworth, A Nigerian businessman with a net worth of $21 billion is Aliko Dangote.

Who is Aliko Dangote?

Aliko Dangote GCON is a Nigerian business mogul who is worth a billion dollars. Dangote started the Dangote Group, which is now the largest industrial conglomerate in West Africa. He is the chairman and CEO of the group.

As of October 12, 2022, the Bloomberg Billionaires Index estimated that Dangote’s net worth was US$18.6 billion. This made him the richest person in Africa, the richest black person, and the 65th richest person in the world.

Name Aliko Dangote
Birth 10 April 1957
Profession Businessman
Nationality Nigerian
Net Worth $21 Billion
Gender Male
Relationship With Divorcee

Early Years of Aliko Dangote

Dangote was born into a wealthy Hausa Muslim family in Kano, Kano State. Mariya Sanusi Dantata was Dangote’s mother. She was the daughter of a businessman named Sanusi Dantata.

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Mohammed Dangote, the father of Aliko Dangote, did business with Sanusi Dantata. Alhassan Dantata, who died in 1955 and was the richest person in West Africa, is Dangote’s great-grandfather through his mother.Aliko Dangote Net Worth

Dangote went to the Sheikh Ali Kumasi Madrasa and then the Capital High School in Kano for his education. He got his diploma from the Government College in Birnin Kudu in 1978. He went to Al-Azhar University in Cairo, Egypt, and got a bachelor’s degree in business studies and administration.

Career of Aliko Dangote

Dangote started the Dangote Group in 1977. In the 35 years since then, the company has grown very quickly. In 2013, The Dangote Group made a little less than $21 billion. It is the biggest group of businesses in West Africa, and more than 11,000 people work there.

It started out as a small trading company with its main office in Lagos, Nigeria. Now, it does business all over Africa, including in Benin, Ghana, Zambia, and Togo.

It does things like process food, make cement, ship freight, refine sugar, and many other things. The Group is made up of many companies and subsidiaries. For example, Dangote Sugar Refinery, Dangote Cement, and Dangote Flour are all part of the Group.

The Dangote Group is the biggest player in the Nigerian sugar market and supplies most of the country’s soft drink companies, breweries, and candy makers. About 70% of the market is controlled by the Dangote Group. Throughout the whole of Africa, the

Dangote Group runs the largest sugar refinery in the world, which is also the third largest. Each year, they can make 800,000 tonnes of sugar. The Dangote Group owns more than just sugar factories. They also own salt factories and flour mills. They are also one of Nigeria’s biggest suppliers of rice, fish, pasta, cement, and fertilizer.

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On the other hand, they send things like cotton, cashews, sesame seeds, and cocoa out of the country. Aside from real estate, they also have investments in banking, transportation, textiles, oil and gas, and communications. Dangote Cement, which makes 44 million metric tonnes of cement each year, is said to bring in about 80% of the conglomerate’s income.

How Much is Aliko Dangote Worth?

A Nigerian businessman with a net worth of $21 billion is Aliko Dangote. At times, Aliko Dangote has been the wealthiest individual in Africa. Currently, he is by far the richest individual in Nigeria. He amassed his fortune through the establishment of The Dangote Group, which today controls the majority of Nigeria’s commodities.

Philanthropy by Aliko Dangote

Dangote has been a notable political donor in Nigeria. In 2003, he contributed more than N200 million ($2 million) to the re-election campaign of Olusegun Obasanjo.

Other political contributions he has made include an N50 million (US$500,000) donation to the National Mosque with the support of “Friend of Obasanjo and Atiku.” These payments have sparked worries about corruption and the government’s relationship with private industry executives.

Dangote has also been heavily active in numerous charitable endeavors. He has been a substantial contributor to public health concerns and campaigns, donating N150 million (about $75,000) in 2014 to combat the spread of ebola and N200 million in March 2020 to combat the spread of the Covid-19 coronavirus in Nigeria.Aliko Dangote Net Worth

He has also worked with the Bill and Melinda Gates Foundation to combat polio, among other challenges, and serves on the board of the Clinton Health Access Initiative.

He is a board member of the Corporate Council on Africa and a member of the steering committee of the Global Education First Initiative, an initiative of the United Nations Secretary-General. In March 2014, he also launched the Aliko Dangote Foundation, which focuses on health, education, and economic development.

Personal Sphere of Aliko Dangote

Dangote lives in Lagos, Nigeria. He has been twice married and twice divorced. He has three daughters – Mariya, Halima, Fatimah.

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Sani Dangote, the brother of Aliko, passed away on 14 November 2021 after a battle with colon cancer. According to reports, Dangote works 12 hours each day starting at 5 a.m. and visits the gym six times per week.

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