Aliko Dangote is 67 years old businessman in Africa. He was seen on the Forbes billionaires list in 2008 for the first time. Aliko is well known as the Africa’s richest person. He founded Dangote group which is the largest producer of cement. The company Dangote Group has branches in ten countries. Here in this article, we will discuss more about Aliko Dangote and his net worth,
Who is Aliko Dangote?
Aliko Dangote was born in Kano state in Nigeria. He is a graduate of Al-Azhar University in Cairo. He graduated in the year 1977. Aliko Dangote started the business of trading rice, sugar, and cement from the very next year,1978. He founded Dangote group which operates in ten countries in Africa. He is a member of a wealthy family. Alhassan Dantata was the great-grandfather of Aliko Dangote. His great-grandfather was also a businessman and was rich in Kano state.
Aliko Dangote Net Worth
Aliko Dangote is the richest person in Africa. He is the founder and serves as the CEO of the Dangote group. The Dangote Group has expanded its business in 10 African countries. A part of his wealth goes to philanthropic activities as his philanthropic foundation is trying to reduce malnutrition. The networth of Aligo Dangote is about $28 billion, according to the Bloomberg Billionaires Index.
Aliko Dangote is ranked in the 191st position on the billionaires list. According to Forbes, Aligo Dankote has a networth of $11.7 billion.
Aliko Dankote Business
The founder and CEO of Dangote Group is Aliko Dangote. The Dangote group produces cement. The group produces more than 51 million metric tons of cement every year. About 24,000 people are the employees of the Dankote group. At the start of this year, Aligo Dankote opened a $19 billion oil refinery in his country, Nigeria. Dangote has said that even though Nigeria is rich in oil, the nation does not have the infrastructure to refine it.
Aliko Dankote Foundation
The Aliko Dangote Foundation is one of the largest foundations in Africa. He gave $ 2 million to the World Food Program. Aliko Dangote also established Dangote Business School. He gives micro-grants to women as a part of the Kogi Human Capital initiative. In 2020, Aliko Dangote provided funds for constructing COVID-19 isolation centers. The foundation also gave personal protection equipment to the health workers. The Aliko Dangote Foundation also built a mobile testing center during the time of COVID-19.
Conclusion
The networth of Aligo Dankote shows his dedication and hard work. He is a successful and wealthy businessman in Africa. His foundation is also active in philanthropic activities. In this article, we explored the details of businessman Aliko Dangote and his networth.
