Aliko Dangote Net Worth is$2.5 Billion
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Profession: Businessperson, Chief Executive Officer, Entrepreneur
Date of Birth: Apr 10, 1957
Ethnicity: Fula people
Country: Nigeria
Aliko Dangote is a Nigerian Businessman whose net worth has reached the heights of $2.5 billion. Aliko Dangote earned his net worth by founding The Dangote Group and now controls much of Nigerias commodoties trade. He was born in Kano Nigeria and founded the Dangote Group in 1977 and is now the successful CEO and Chairman.
Alhaji Aliko Dangote, MFR, GCON (born 10 April 1957, Kano, Nigeria) is a Nigerian self-made business magnate, with an estimated net worth of $11.2 billion USD as of March 2012. Based in Nigeria, he is the owner of the Dangote Group, which has interests in commodities with operations in his homeland and several other countries in Africa, including Benin, Cameroon, Ghana, South Africa and Zambia.
Dangote is ranked by Forbes Magazine as the 76th richest person in the world.
The Dangote Group, originally a small trading firm founded in 1977, is now a multi-trillion naira conglomerate with operations in Benin, Ghana, Nigeria, and Togo. Dangote's businesses include food processing, cement manufacturing, and freight. The Dangote Group dominates the sugar market in Nigeria: it is the major sugar supplier to the country's soft drink companies, breweries, and confectioners. Dangote Group has moved from being a trading company to Nigeria's largest industrial group, including Dangote Sugar Refinery (the most capitalized company on the Nigeria Stock Exchange, valued at over US$3 billion with Aliko Dangote's equity topping US$2 billion), Africa's largest Cement Production Plant: Obajana Cement, Dangote Flour amongst others.
Dangote played a prominent role in the funding of Obasanjo's re-election campaign in 2003, to which he contributed over N200 million (US$2M). He gave N50 million (US$0.5M) to the National Mosque under the aegis of "Friends of Obasanjo and Atiku", and contributed N200 million to the Presidential Library. These controversial gifts to members of the ruling People's Democratic Party have contributed to concerns over continued graft despite highly-publicized anti-corruption drives during Obasanjo's second term.[citation needed]
On 23 May 2010, England's Daily Mirror reported that Dangote was interested in buying a 16 percent stake in Premiership side Arsenal belonging to Lady Nina Bracewell-Smith. Dangote later denied these rumours.
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Aliko Dangote Latest News

Dangote’s N10b for women in 774 councils

THE Aliko Dangote Foundation has allocated N10 billion for the empowerment of vulnerable women in the 774 local government. A statement from the foundation said its chairman Aliko Dangote, gave the figures at the kick off of the empowerment programme at ...
Posted: May 20, 2018, 4:02 pm

I want to be Africa's biggest philanthropist - Dangote

Billionaire businessman, Aliko Dangote has said that he wants to be known as Africa’s biggest philanthropist. He said this during the launch of the Dangote Foundation’s unconditional micro-grants in Niger state. Dangote said that his love for ...
Posted: May 20, 2018, 1:18 pm

Nigeria: I Want to Be Africa's Biggest Philanthropist - Dangote

Nigerian businessman and philanthropist, Aliko Dangote, has said that he wants to be known as the biggest philanthropist in Africa. In a statement released on Sunday, Mr Dangote said the desire to impact more in people was the motivation for the ...
Posted: May 21, 2018, 12:51 am
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