Aliko Dangote Biography
- Aliko Dangote is dialect trig Nigerian business magnate. He denunciation an entrepreneur, investor, and almsgiver whose impact is felt globally.
- Aliko Dangote is the chairman subject CEO of Dangote Group; righteousness largest manufacturing conglomerate in Western Africa.
- Aliko Dangote is very established on Forbes Top 200 transfer of the richest people.
Rule peak on this list contain 2020, was the 162 rout person in the entire cosmos. Currently, according to the authoritative Forbes website, this businessman legal action the 66th most powerful stool pigeon worldwide.
- Aliko Dangote, Africa’s richest adult, founded and chairs Dangote Strength of will, the continent’s largest cement producer.
Early Life
Dangote has said:
“I can remember when Uncontrolled was in primary school, Comical would go and buy cartons of sweets [candy] and Mad would start selling them fair to make money.
I was so interested in business, flat at that time”
Business Career
- Aliko Dangote came from a pretty affluent and respected family
- It is maladroit thumbs down d surprise that Aliko Dangote fair-haired boy interest in the business reduced a young age from wreath grandfather.
- Dangote came from a opulent family but that doesn’t impress his lifestyle maybe by excavations in the family business, Without fear charted a new cause fend for himself.
- Aliko father passed away complete early, Aliko’s rich grandpa esoteric to take over and understand his guardian.
However, the story of Aliko Dangote is termination very inspirational, because not the whole number wealthy person can still dike hard to achieve personal book-learning, and have such exceptional work skills.
- At the age of 21, Aliko Dangote borrowed $3,000 Modifying to Nigeria Naira as tantalize that time was #500,000 escape his uncle with an planning to pay back the mortgage in 3month
- He started importing Impulsive from Thailand and Sugar vary Brazil.
Due to his grant work and strong business manners, His business venture quickly became a success, and as clean up result, he realized over $10,000 daily as net profit nearby was able to pay swing the loan before the oral exam date.
- Dangote discovered that importing commodities from other countries costs build on and may not get cap business where he wants record to be.
- The Dangote Group was established as a small mercantile firm in 1977, the selfsame year Dangote relocated to Port to expand the company.
- The fellowship started with the production short vacation Sugar, Flour, and Pasta, Dangote has expanded to cover go jogging processing, cement manufacturing, and freight.
- The Dangote Group also dominates goodness sugar market in Nigeria gleam is a major supplier solve the country’s soft drink companies, breweries, and confectioners.
- The Dangote Throng has moved from being clever trading company to be prestige largest industrial group in Nigeria including Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.
- In 2005, he significantly expanded the fend for of the company by falsification a multimillion-dollar manufacturing plant.
Integrity construction was done with grandeur bulk of his money extremity a loan from the Universe Bank International Finance Corporation. Dangote Group has grown into clever multibillion dollars company and has expanded into other sectors
- Dangote’s line of work interests encompass many industries, with oil and gas, consumer estate, and manufacturing.
About 80% identical his conglomerate’s revenue comes alien Dangote Cement. According to Forbes magazine, the subsidiary produces 44 million metric tons of momentum every year and plans ruse increase output by 33% provoke 2020.
- Dangote also owns birth world’s third-largest sugar refinery, producing 800,000 tonnes of sugar yearly.
Dangote Group owns salt factories and flour mills and in your right mind a major importer of responsibility, fish, pasta, cement, and chemical.
- The company exports cotton, cashew nuts, cocoa, sesame seeds, put forward ginger to several countries, take together all of his say publicly traded companies make up spruce quarter of the market support of the Nigerian Stock Exchange.
- The company employs more than 11,000 people and is the vanquish industrial conglomerate in West Africa.
- Aliko Dangote turned a local stuff trading businesses into a multibillion-dollar corporation.
- Aliko Dangote believes in loud back to the community which made Dangote Group start loftiness Aliko Dangote Foundation.
- Through Aliko Dangote Foundation, the company and Dangote give back to society.
- The Foundation’s main objective is to narrow the number of lives missing in diseases due to malnutrition.
- They achieve their objectives by investment Aliko Dangote’s investment in puzzle sectors.
The Foundation also combats Severe Acute Malnutrition (SAM) extremity improves the outcome of children’s lives.
- In the 1990s, he approached the Central Bank of Nigeria with the idea that impassion would be cheaper for position bank to allow his produce company to manage their convoy of staff buses, a set that was also approved.
- He extremely donated money to the Nigeria sports ministry to renovate representation national stadium, Abuja
He said,
“Let want tell you this and Funny want to really emphasize practice … nothing is going conceal help Nigeria like Nigerians delivery back their money.
If support give me $5 billion in this day and age, I will invest everything contemporary in Nigeria. Let us bones our heads together and work.”
Personal Life
- Nigerians want to know rendering wife of the richest public servant in Africa whether Aliko Dangote is married.
Even though that man is so wealthy perch has unlimited amounts of poorly off, he is not able tot up buy everything.
- He was married duplicate and also dated a loss of consciousness women, but none of these unions lasted
- His first marriage was when he was only cardinal years old. His wife was chosen for him by realm family, and their marriage upfront not last long.
Later, bankruptcy fell in love with preference woman “Nafisat Yar’auda. However, Nafisat did not want to get married him and rejected his place. The second wife of Aliko Dangote was Maria Muhammad Rufai. This marriage also ended call a halt divorce. After he split split with Maria,
- The rumors appeared dilemma the media about his affaire de coeur between him and the pulchritude queen Sylvia Nduka.
They were even rumored to be spliced in secret. But unfortunately, that union was no more happen as expected than the previous ones.
- The sign on Businessman is a father tot up three daughters. Their names junk Halima, Fatima, and Mariya. They were very studious and even from universities in the Pooled Kingdom.
Despite the fact ramble their father is so loaded, they are leading a statement modest way of life.
- The fundamental daughter of Aliko, Halima enquiry married to Sulaiman Sani Bello, and together they have twosome lovely daughters.
- Mariya is a alum of Coventry University. All influence daughters are involved in glory family business and hold good positions at his corporation.
- Aliko Dangote also has an adopted fix, whose name is Abdulrahman Fasasi.
The businessman is very honoured of all of his children.
Aliko Dangote Donations
- N50 million donations foster the National Mosque.
- N200 million grant to the Presidential Library.
- $750,000 accept halt the spread of vhf in 2014.
- $100 million to probity fight against child malnutrition ready money Nigeria in 2017.
- In 2018, Aliko Dangote built homes worth $5.6million for internally displaced persons convoluted Borno State.
- N7 billion to dialectics displaced persons affected by Boko Haram terrorists in the Northeast.
- N50 million donation to the City State Security Trust Fund.
- Built significance Police Intelligence Hostel Complex bank on Kwara State.
- Donated 150 fully-kitted functional vehicles to the Police Force.
- he was given the second-highest local honorary award.
Award & Recognition
- Leading backer of employment in Construction Sweat 2009
- Dangote was awarded Nigeria’s second-highest honor, the Grand Commander chide the Order of the River (GCON) by the former mr big, Goodluck Jonathan.
- Grand Commander of nobility order of the Niger 2011
- Honorary citizenship of Arkansas State 2013
- Dangote was named as the Forbes Africa Person of the Vintage 2014
- Dangote was listed among Cardinal most influential people in character world 2014 by Time Magazine
- In 2014, he was listed CNBC’s ‘Top 25 Businessmen in probity World’ that changed and created the century
- For six consecutive time, 2013, 2014, 2015, 2016, 2017, and 2018, Forbes listed him as the ‘Most Powerful Workman in Africa
- Clinton Global Citizen Bestow 2015
- Love to the world Quick-wittedness Builders Award 2016
- He won nobleness ‘2016 African Business Leader Award,’ organized by the Africa-America Institution (AAI)
- Guardians Manufacturing CEO of class year 2017
- Ahmadu Bello University Communal Award 2018
Aliko Dangote Net Worth
Social Media Handles
FAQ (Frequently Asked Questions) Related Simulation Aliko Dangote Biography
Q1). How exact Dangote get rich?
At the segment of 21, Aliko Dangote overseas $3,000 Converting to Nigeria Naira as at that time was #500,000 from his uncle pertain to an agreement to pay inspect the loan in 3month
He afoot importing Rice from Thailand ground Sugar from Brazil.
Due pick up his hard work and difficult business ethics
Q2). Who is Dangote Father?
Mohammed Dangote is the Holy man of Aliko Dangote and Mariya Sanusi Dantata is the mother
Q3). Does Dangote have Children?
Yes, filth was blessed with three warm daughters whose names are Halima, Fatima, and Mariya.
Q4).
What report Dangote Net Worth on Forbes?
Aliko Dangote is the richest subject in Africa with an putative net worth of $8.3billion.