9 Oct At the age of 21, Aliko Dangote borrowed $3, from his uncle to import and sell Born in , Dangote grew up in an entrepreneurial household in Kano State, Nigeria. He was raised Muslim and lived an upper-class life. 4 Aug This is the success story of Aliko Dangote, the richest black man on earth. This biography of Aliko Dangote shows how he became the richest. Presently, Fatima Aliko-Dangote is Director & Executive Director-Commercial at NASCON Allied Industries Plc. She is also on the board of Savannah Sugar Co.
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Videos One of The richest man in Africa Last update: Eangote above all, his patriotic stance is commendable: Dangote is ranked by Forbes magazine as the th-richest person in the world and the richest in Africa,  and peaked on the list as the 23rd-richest person in the world in Apart from having substantial investment in the National Salt Company of Nigeria at Ota, Ogun State, the group has salt factories at Apapa and Calabar, a polypropylene bagging factory which produces required bags for its products, over trailers for efficient distribution network and goods meant for export can also efficiently be transported to the ports.
Ikeja replaced Lagos as the state capital, and Abuja replaced Lagos as the federal capital. Dangote has expanded to cover food processing, cement manufacturing, and freight.
How Aliko Dangote Became the Richest Person in Africa
Aliko Dangote took a tiny seed from his granddad of US 2, Leave a Reply Cancel reply Your email address will not be published. I have interest in business, just as u hard before, can you assist me with deal to pay later sir?
Sign up for our Demystified newsletter and get this free ov. Dangote used pocket money furnished by his grandfather to buy sweets, which he had others sell for a profit.
Thank You for Your Contribution! He has openly stated that he would not let countries apart from Nigeria benefit from his earnings and that he would invest all his earnings in Nigeria. Promise – July 30th, at Having spent much of his childhood with og grandfather, Dangote quickly became interested in the world of business.
Originally published in the Britannica Book of the Year.
All these are rolled together into what is known as the Dangote Group. Stephanie – August 27th, at Dangote significantly expanded the operations of the company in by constructing a multimillion-dollar manufacturing plant. Unlike many other self-made billionaires, Aliko Dangote was born with a silver spoon.
Halima Aliko-Dangote – Biography
Get Your articles publish here for free,with full credits to you! The group exports cotton, cocoa, cashew nuts, sesame seed, ginger and gum Dahgote to several countries. Click on a picture to enlarge. He later got married to Mariya A. Dangote has always reinvested the majority of his profits back into his businesses, which is one reason the company has grown so much since inception.
February 5th, State of Birth: Aliko Dangote is Forbes richest person in Africa. His grand father, Sanusi Dantata, was one of the wealthiest men in West Africa at the time.
Abubakar Bikgraphy Saraki Also Known as: In other projects Wikimedia Commons Wikiquote. Stan Edom – May 16th, at 6: Let us put heads together and work. He seems to be broad-minded. Alhaji Aliko Dangote belonged to the Hausa ethnic groupand, as was customary, he was raised by his maternal grandparents. Forbes, named for former New South Wales chief justice Sir Francis Forbes, was proclaimed a town in during a gold rush and became a municipality in Aliko Dangote was born in to a business oriented household in Kano State, Nigeria.
He pushed all his competitors aside, and by the late 90s, he had established several manufacturing units by himself. Born and raised in a wealthy Muslim family in Kano, Nigeria, he completed his higher education in business studies and administration from Cairo, Egypt, and established a small trading firm in Babu Hayata – August 4th, at We welcome suggested improvements to any of our articles.
The company slowly embarked into the refinery and sugar business and expanded to the neighboring countries. Born into a rich family, he was exposed to a wealthy lifestyle.