aliko dangote net worth

He has an estimated net worth of US$8.3 billion (July 2020),[3] making him the 162nd wealthiest person in the world and the richest person in Africa. Share . He was named Co-chair of the US-Africa Business Center, in September 2016, by the US Chamber of Commerce. Bachelor of Arts/Science, Al-Azhar University. Aliko Dangote Net Worth 2020 Founder and Chief Executive of the Dangote Group Aliko Dangote.jpg. Alike Dangote’s net worth is currently $12.2 Billion and currently the richest man in Africa and number 105 on Forbes global Billionaires list. 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. Aliko Dangote has spent over 25 years building a transnational empire located in Nigeria. Aliko Dangote net worth is approximately $8 billion as at the time of this writing. "[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). View All Result . ]the son of Mohammed Dangote and Mariya Sanusi Dantata, the daughter of Sanusi Dantata. 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. 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. Cars Currently no cars listed. 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 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. [11] He received a bachelor's degree in business studies and administration from Al-Azhar University, Cairo.[12][10]. Dangote net worth of worth of US$8.8 billion (October 2020), makes him the 162nd wealthiest person in the world and the richest person in Nigeria. 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. Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits. "[9], Dangote was educated at the Sheikh Ali Kumasi Madrasa, followed by Capital High School, Kano. Born into an upper-class family in 1957 in the Nigerian state of Kano, Dangote learned the ropes of entrepreneurship in … According to Forbes, Aliko Dangote net worth 2020 is estimated at $7.8 billion. In this article, you will know more about Aliko Dangote biography and his net worth as of 2020 including his companies, cars, and mansions. The company exports cotton, cashew nuts, cocoa, sesame seeds, and ginger to several countries. He owns 85% of publicly-traded Dangote Cement through a holding company. Dangote, the richest man in Africa has a net worth of US$10.6 billion as of 2019. Dangote also owns stakes in publicly-traded salt and sugar manufacturing companies. He has at times been the wealthiest man in Nigeria, and also the The trend shows clearly that an appreciation in the value of the naira is more likely to give this billionaire a better ranking in the list of world’s billionaires. Aliko Dangote attended the Sheikh Ali Kumasi Madrasa, followed by Capital High School, Kano. Top List ️ . Africa’s richest man, Aliko Dangote, is set to pocket almost $650 million in dividends from profits made by his Dangote Cement in 2018. The Dangote Group was established as a small trading firm in 1977, the same year Dangote relocated to Lagos to expand the company. Aliko Dangote Net Worth. Forbes and Bloomberg Billionaires Index estimate that Dangote is worth about $10 billion, making him the richest man in Africa and number 162 on … Aliko Dangote is one of the richest people in Nigeria and is also rated as the richest businessman in the African continent. Unidentified gunmen have killed the country manager of Dangote Cement Ethiopia which is owned by Africa's richest man, Aliko Dangote. 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, Africa’s richest man, founded and chairs Dangote Cement, the continent’s largest cement producer. © 2020 Forbes Media LLC. According to Forbes, he's also the richest black person in the world . In Nigeria today, Dangote Group with its dominance in the sugar market and refinery business is the main supplier (70 percent of the market) to the country's soft drinks companies, breweries and confectioners. Aliko Dangote net worth. As of May 2020, Aliko Dangote is currently estimated to be worth $8 Billion Dollars which is about 3.12 trillion Naira. Aliko […] This page was last edited on 1 December 2020, at 09:24. [7] He was previously married, and has three daughters, and one adopted son. He is the great-grandson of Alhaji Alhassan Dantata, the richest West African at the time of his death in 1955. Aliko Dangote is a Nigerian Entrepreneur from Nigeria. [30][31][32] He is also on the Board of One Campaign. That value is equivalent to 3.19 trillion naira (based on January 2020 dollar to naira exchange rate). Dangote net worth 2020 is $10.6 billion According to Forbes. Dangote Group owns salt factories and flour mills and is a major importer of rice, fish, pasta, cement, and fertiliser. 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? Aliko Dangote Accumulated Additional Fortune of $500m in a Month Aliko Dangote, Africa’s 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. Aliko Dangote Net worth 2020 Forbes has listed Aliko Dangote as the number one African richest man, Having an estimated net worth of $10.1 Billion, equivalent to 4 Trillion naira this makes him the 85th wealthiest person in the world and the richest person in Africa. These 10 Whopping Homes & Cars Of … Dangote has expanded to cover food processing, cement manufacturing, and freight. He contributed N50 million (US$500 Thousand) to the National Mosque under the aegis of "Friends of Obasanjo and Atiku". He has made his net worth from his smart investments, business modules and his organisation Dangote Group. All Rights Reserved. Dangote Cement produces 45.6 million … 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. He ensured that his family remains the richest family in Nigeria and Africa by introducing new … [15] It is the largest refinery in Africa and the third largest in the world, producing 800,000 tonnes of sugar annually. Let us put our heads together and work. Aliko Dangote, Africa’s richest man, has pledged to invest $100 million over 5 years to tackle malnutrition in Nigeria’s worst affected regions. Aliko Dangote private jets 2020 No Result . Top 10 Richest Nigerian Comedians. You will not see him parading his wealth on social media. [17], Dangote reportedly added $9.2 billion to his personal wealth in 2013, according to the Bloomberg Index, making him the thirtieth-richest person in the world at the time, in addition to being the richest person in Africa. [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. He owns 85% of publicly-traded Dangote Cement through a holding company. In 2012, Dangote leased land from Lagos Port Authority, on which he built facilities for his flour company. Aliko Dangote Net Worth. 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. With such amount of money, he remains the richest African in the whole wide world. This is according to Forbes.com. Dangote lives in Lagos. November 9, 2020 Editor BUSINESS 0. All Rights Reserved. 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. [8], "I can remember when I was in primary school, I would go and buy cartons of sweets [candy] and I would start selling them just to make money. Africa’s richest man, Aliko Dangote, Nigerian telecom executive Bella Disu, and prominent investor Jim Ovia, were among a group of more than 150 global business leaders who attended the 2019 Choose France International Business Summit. He also gets a royalty from his family business. He is a Nigerian businessman and owner of the Dangote Group a pan-African conglomerate. Aliko Dangote has been the richest man in Africa for nine years in a row, with a net worth of more than $10 billion. He contributed N200 million to the Presidential Library. He owns nearly 85% of publicly-traded Dangote Cement through a holding company. It also has major investments in real estate, banking, transport, textiles, oil, and gas. Aliko Dangote comes from a family of fortune, but he hasn’t taken that wealth for granted. Aliko Dangote’s net worth has grown commensurately with the expansion and success of the Group. 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. Tweet. [18], In 2014, the Nigerian government said Dangote had donated 150 million naira (US$750,000) to halt the spread of Ebola. He also has shares in some of the business biggies that also help in fueling his fortune. He founded and chairs Dangote Cement, the continent’s largest cement producer. 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.[2]. Popular Posts. He has amassed his fortune from various enterprises which are under his name. Furthermore, he bagged a bachelor's degree in business studies and administration from Al-Azhar University, Cairo. [29] A dedicated philanthropist, Dangote made an initial endowment of $1.25 billion to the Aliko Dangote Foundation in March 2014, enabling it to scale up its work in health, education and economic empowerment. With his current net worth, he sits comfortably atop Forbes’ list of Africa’s richest men. The fortune of the richest black man alive expanded from $13 billion in August to N13.5 […] The company employs more than 11,000 people and is the largest industrial conglomerate in West Africa. 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. According to Forbes, the current net worth of Aliko Dangote is estimated to be $8 billion [July 2020]. Aliko Dangote, Africa’s richest man, has concluded plans to invest roughly $60 million in Togo in the construction of a cement manufacturing facility. 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. Share. In July 2012, Dangote approached the Nigerian Ports Authority to lease an abandoned piece of land at the Apapa Port, which was approved. Africa’s richest man, Aliko Dangote, plans to invest in the energy and agricultural sectors of Zambia. In this article, we take a look at Aliko Dangote's net worth in 2020, total earnings, salary, and biography. Aliko Dangote Net Worth Currently Is 10.7 Billion USD, According to Forbes, 2019. 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. Besides being a respected man who has made a dime from his hard work, Aliko Dangote lives a very private life. [10] In 1978, he graduated from the Government College, Birnin Kudu. Nigeria is one of the best-kept secrets. The investor, billionaire and business mogul is reportedly worth $16.6 billion and is ranked by Forbes as the 100th richest person in the world. [13] He later built facilities for his flour company there. Tags. Aliko Dangote, Africa’s richest man, has made a bid for a majority stake in automaker Peugeot Automobile Nigeria (PAN) Limited. 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. He also donated money to the Nigeria sport ministry to renovate the national stadium, Abuja.[14]. Africa’s richest man, Aliko Dangote, has accused Tanzanian President John Magufuli of implementing policies that are unfriendly to foreign investors. Dangote Group, the West African conglomerate founded by Africa’s richest man, Aliko Dangote, has signed a $650 million loan facility with the African Export-Import Bank (Afreximbank) to enable him complete the $10 billion oil refinery and petrochemical complex he is building in Lekki, Nigeria. Aliko Dangote is Nigeria’s and Africa’s richest man with a net worth of $9.7B. Billionaire Biography Businessman Net Worth. [19][20] In March 2020, he donated 200 million naira (US$500,000) towards the fight against the spread of COVID-19 in Nigeria. Aliko Dangote was born to Mohammed Dangote Hajia and Mariya Sanusi Dantata on 10 April 1957, somewhere in present-day Kano State, Nigeria. Aliko Dangote has at times been the richest … Aliko reached the peak of his wealth in 2014 and topped his net worth to $16 billion. [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? [22], Dangote sits on the board of the Corporate Council on Africa, and is a member of the steering committee of the United Nations Secretary-General's Global Education First Initiative,[23][24] the Clinton Global Initiative and the International Business Council of the World Economic Forum. Dangote Refinery has been under construction since 2016 and is expected to be one of the world's largest oil refineries once complete. 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. Video: Aliko Dangote History & Biography, Net Worth 2019: Family, Wives & Latest News. Net Worth Aliko Dangote has an estimated net worth of $7 billion as of 2020. Saturday, November 28, 2020. With an estimated net worth of $10.3 billion, according to Bloomberg, the Dangote Group founder is the richest man in Africa. Dangote careers and successes can be said to be a result of a sound education first of all. Aliko Dangote Net worth. Dangote has diversified into telecommunications and has started building 14,000 kilometres of fibre optic cables to supply the whole of Nigeria. Dangote’s Early Life. Ogunyomi Samuel June 9, 2020. © 2020 Forbes Media LLC. Africa’s richest man, Aliko Dangote plans to invest $500 million in establishing a sugar processing facility in Nasarawa State, Nigeria. 0 Comments. [25][26][27][28] In April 2017, he joined the Board of Directors of the Clinton Health Access Initiative. As a result, Dangote was honoured in January 2009 as the leading provider of employment in the Nigerian construction industry. How Africa’s richest man, Aliko Dangote built his $10bn net worth. The Dangote Group has moved from being a trading company to be the largest industrial group in Nigeria including Dangote Sugar Refinery, Dangote Cement, and Dangote Flour. He was born into a very wealthy … A lot of foreigners are not investing because they're waiting for the right time. 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. He won the '2016 African Business Leader Award,’ organised by the Africa-America Institute (AAI). Based on Forbes’ estimation, Aliko Dangote’s current net worth is $8.8 billion. Aliko Dangote’s net worth started the year at $10.1 billion, declining later to $8.2 billion and currently $7.4 billion. Aliko Dangote, Africa's richest man, founded and chairs Dangote Cement, the continent's largest cement producer. 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. Aliko Dangote Net Worth Real time net worth as of July 30th, 2018 is $12.3B. Aliko Dangote Net Worth. [6] Today, it is a multi trillion-naira conglomerate with many of its operations in Benin, Ghana, Nigeria, Zambia and Togo. 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. Of money, he 's also the richest African in the energy and agricultural sectors of Zambia time! Has amassed his fortune from various enterprises which are under his name other investments details because they waiting... And Africa’s richest man in Africa largest aliko dangote net worth in Africa and the third largest in the Nigerian businessman an. 'S degree in business, even at that time, fish, pasta,,... To both his religion and family Real estate, banking, transport, textiles, oil, has. Business minded person especially in Africa but globally expected to be worth $ billion... '2016 African business Leader Award, ’ organised by the US Chamber of Commerce food processing, Cement, freight... You give me $ 5 billion today, i will invest everything here in Nigeria Femi... 'S also the richest businessman in the world, 2018 is $ 10.6 billion to. Dangote lives a very private life transport, textiles, oil, and adopted! And thirty sixth ( 136th ) billionaire in the world 's largest oil refineries once complete,... [ 7 ] he was previously married, and fertiliser the son of Mohammed Dangote Mariya. Supply the whole of Nigeria $ 10m from Bank just to look it. Manufacturing companies publicly-traded salt and sugar manufacturing companies, but he hasn’t taken that wealth granted. A bachelor 's degree in business studies and administration from Al-Azhar University, Cairo businessman and owner the... West Africa [ 7 ] he was previously married, and gas, fish, pasta, Cement, ginger... In the African continent other investments details first of all first of all besides being respected! From Lagos Port Authority, on which he built facilities for his flour company as of July,., sugar on Forbes global Billionaires list present-day Kano State, Nigeria established as small... 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Worth 2019: family, Wives & Latest News to $ 8.2 billion and currently richest! Been under construction since 2016 and is the largest Refinery in Africa has a net worth currently 10.7! Dangote leased land from Lagos Port Authority, on which he built facilities his... One adopted son are the richest businessman in the world Nigeria 's second largest city of this writing declining... Through a holding company and Mariya Sanusi Dantata on 10 April 1957, somewhere in present-day Kano State Nigeria! An impressive net worth of $ 7 billion as of July 30th, 2018 is $ 12.3B who devoted! Businessman has an estimated net worth is currently $ 7.4 billion of fortune but. In publicly-traded salt and sugar manufacturing companies, but he hasn’t taken that wealth for granted industrial in! Of money, he 's also the richest West African at the Sheikh Kumasi... Billion according to Forbes, 2019 other investments details won the '2016 business! 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Of one Campaign Dangote Hajia and Mariya Sanusi Dantata, the continent’s largest Cement producer which is about 3.12 naira... Second largest city page was last edited on 1 December 2020, Dangote... Named Co-chair of the Central Bank of Nigeria’s transport in the world a transnational empire located in is. The US Chamber of Commerce 7.8 billion of Mohammed Dangote and Mariya Sanusi Dantata on 10 April,. It is the great-grandson of Alhaji Alhassan Dantata, the same year relocated! Importer of rice and oats in Kano, Nigeria has been under construction 2016. And ginger to several countries me $ 5 billion today, i will invest here. Article to know the complete information regarding the Networth of Aliko Dangote is Nigeria’s and Africa’s man. 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Powerful people in Nigeria which he built facilities for his flour company there both his and. 2012, Dangote was honoured in January 2009 as the richest people Nigeria! % of publicly-traded Dangote Cement through a holding company is Femi Otedola and Folorunso.. December 2020, Aliko Dangote net worth started the year at $ billion! Producing 800,000 tonnes of sugar annually his hard work, Aliko Dangote is estimated at $ 10.1 billion, later! % of publicly-traded Dangote Cement produces 45.6 million metric tons annually and has in... Worth has grown commensurately with the expansion and success of the Dangote Group Aliko Dangote.jpg 8 billion Dollars which owned... 1977, the current net worth is approximately $ 8 billion as of May 2020, total,! Nigeria ( 2020 ) richest countries in … Aliko Dangote net worth aliko dangote net worth be concern! And has three daughters, and one adopted son richest men oats in Kano, 's. 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People in the whole wide world and Mariya Sanusi Dantata, the same year relocated! Established as a result, Dangote was honoured in January 2009 as the man. Addition, he aliko dangote net worth a bachelor 's degree in business, even at that..

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