NIGERIA: Aliko Dangote’s Wealth Rise by $4.3bn

NIGERIA: Dangote Foundation Empowers 34,000 Women
Photo Credit: The Guardian

The well known African figure and richest businessman has soared high on the list World billionaire list as he rolls up 96th richest person in the world, with a value worth of $14.8 billion to leave his previous ranking of 103rd in the world.

Aliko Dangote, who stands as the richest man in the whole Africa for the past 8 years consecutively and is the only Nigerian to be on the list of the top 100 billionaires in the whole world.

Africa’s richest man with an increase worth $14.8 billion, owns Dangote Industries, a company formed from a combination of other firms.

He is also the owner of sub-Saharan Africa’s biggest cement company, the Cement Company which accounts for an income of about N901.2 billion naira valued ($2.5 billion) in the past two years. It also has deals in sugar production, flour, salt, fertilizer, and many other products.

The Successful Businessman Aliko Dangote was recently named one of the world’s most charitable men and took the sixth position in the World.

Aliko Dangote founded Aliko Dangote Foundation (ADF). He established the Foundation in 1981, with an objective to augment chances for social changes through creating companies that support the health and wellness of the mass, provide good education, and support economic empowerment programs to help the needy.

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