Aliko Dangote
Lagos, Nigeria
Bachelor of Arts/Science, Al-Azhar University
Nigeria
Dangote Group
cement, sugar, flour, Self Made
$9,800,000,000
133
#136 Billionaires 2019
#1 Africa's Billionaires 2019
Aliko Dangote, Africa's richest man, founded and chairs Dangote Cement, the continent's largest cement producer.He owns nearly 85% of publicly-traded Dangote Cement through a holding company.Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa.Dangote also owns stakes in publicly-traded salt, sugar and flour manufacturing companies.Dangote Refinery has been under construction for three years and is expected to be one of the world's largest oil refineries once complete.
Dangote's grandfather was a successful trader of rice and oats in Kano, Nigeria's second largest city.Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits.
62
3
Add a review