Aliko Dangote Basic Information
|Date Of Birth/Age:
|10 April 1957 (66) Years Old
|Place of Birth:
|Kano, British Nigeria
Aliko Dangote is a Nigerian businessman and billionaire who is the founder and chairman of Dangote Group, one of the largest conglomerates in Africa. The Dangote Group has interests in a variety of industries, including cement, sugar, flour, and salt.
Aliko Dangote Biography
Born in Nigeria on April 10, 1957, Aliko Dangote GCON is the founder, chairman, and CEO of the Dangote Group, the continent’s largest industrial conglomerate. As of January 2023, Dangote’s net worth was assessed at $18.7 billion by Bloomberg Billionaires Index, making him the wealthiest black person in the world and the richest person in Africa. Dangote was born into a prosperous Hausa Muslim family in Kano, Kano State. Mariya Sanusi Dantata, the mother of businessman Dangote, was his eldest child.
Sanusi Dantata’s business partner was Aliko Dangote’s father, Mohammed Dangote. Dangote is the great-grandson of Alhassan Dantata, the wealthiest man in West Africa at the time of his death in 1955, through his mother. Dangote attended the Capital High School in Kano after finishing his education at the Sheikh Ali Kumasi Madrasa. He received his diploma from Birnin Kudu Government College in 1978. He graduated from Al-Azhar University in Cairo with a bachelor’s degree in business studies and administration.
Aliko Dangote is the 78th wealthiest person in the world and the richest person in Africa, according to Forbes, with an estimated net worth of $18.7 billion. Cement and sugar, which are used to make food and construction materials, are his primary sources of income. Dangote Pasta, Sugar, Flour, Salt, and Cement are among the goods produced by his company.
He keeps his family close at his enormous residence in Banana Island, Ikoyi. The property contains a main house, several guest houses, and perhaps all the amenities a man like Aliko Dangote would need in his home.
For a man with Aliko Dangote’s wealth, one would anticipate nothing less than pricey exotic vehicles. He possesses a Maybach 57S Knight Luxury valued at 364 million Naira, a Mercedes-Benz CL65 AMG worth 73 million Naira, a Bugatti Veyron reportedly costing 728 million Naira in his collection, and the Bentley Mulsanne that goes for 112 million Naira.
There are four kids in Alhaji Aliko’s family. Three daughters and a boy make up his family. Halima, Mariya, and Fatima Dangote are the three girls he is biologically related to through his two wives. In addition, Abdulrahman Fasasi Dangote, his adopted son, is now a member of the Dangote family.
The richest man in Africa typically keeps his personal life out of the public eye, but it has been reported that Dangote has been married twice and divorced twice. His parents selected his first wife when he was just 20 years old. Later, he fell in love with Nafisat Yar’auda, the daughter of the late president of Nigeria, Umaru Musa Yar’auda, but she declined his marriage proposal. Later, it was alleged that he wed Sylvia Nduka, the 2013 former Beauty Queen of Nigeria, in secret.
Alhaji Sani Dangote was a businessman from Nigeria who lived from 1959 to 2021. He served as vice president of the family-run Dangote Group and was the younger brother of Aliko Dangote, the richest man in Africa. He passed away from colon cancer in the United States on November 14, 2021. Dangote traveled to the United States for colon cancer treatment before he passed away. At the Cleveland Clinic in Weston, Florida, he passed away from the illness on November 14, 2021, when he was 61.
Aliko Dangote formed the international industrial company known as The Dangote Group. It is one of the biggest conglomerates on the African continent and the biggest in West Africa. More than 30,000 employees now work for the company, with a revenue of more than $4.1 billion in 2017. The business was established in 1981 as a trading corporation that imported products like sugar, cement, rice, fish, and other consumer goods for sale in Nigeria. In the 1990s, the group entered the industrial sector, beginning with textiles before moving on to milling flour, processing salt, and refining sugar by the decade’s end. The Dangote Group’s main office is in Lagos.
Lagos is home to the publicly traded international cement company Dangote Cement Plc. Cement and related products are manufactured, prepared, imported, packaged, and distributed by the company in Nigeria. It also operates plants or import terminals in nine other African nations. Obajana Cement Plc was its previous name; in July 2010, it changed to Dangote Cement Plc. In 1992, Obajana Cement Plc was established. The largest firm trading on the Nigerian Stock Exchange is Dangote Cement Plc, a unit of the Dangote Group.
Before the end of the first quarter of 2023, the Dangote Refinery, an oil refinery owned by Aliko Dangote, will be officially opened in Lekki, Nigeria. The largest single-train refinery in the world, it will be capable of processing around 650,000 barrels of crude oil per day when it is fully operational. More than 25 billion US dollars have been invested. Early designs for the refinery were released by Nigerian tycoon Aliko Dangote in September 2013, when he declared that he had obtained financing for the project for roughly $3.3 billion. The refinery’s anticipated cost was $9 billion, of which the Dangote Group would invest $3 billion and obtain the remaining $5 billion in commercial loans.
Alhaji Aliko Dangote is from the Hausa tribe. In West and Central Africa, the Hausa are a native ethnic group. They converse in the Hausa language, one of the Afro-Asiatic languages and the second most widely spoken after Arabic. Around 53 million Hausa people, with sizable indigenous populations, live primarily in the Sahelian and sparse savanna regions of southern Niger and northern Nigeria. They are diverse but culturally homogeneous people.