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How Aliko Dangote Became The Richest Man In Africa

ThingsToKnow by ThingsToKnow
January 30, 2023
in Business, People, Top List
Aliko Dangote Biography - richest people in Africa - the richest people in Nigeria
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If you want to know more about how Aliko Dangote became the richest man in Africa, then you are reading the right post.

Here, we are going to look at the lives of a few of the richest men in Africa, their biographies, and net worths.

We are also going to look at their assets and awards.

Now, let us explore these richest men in Africa.

So, Who exactly is the richest man in Africa?

Don’t know?

Of course we all do.

The richest man in Africa is the famous Aliko Dangote.

He has been in this position for close to a decade now.

So let us explore the life of this business tycoon called Aliko Dangote, before moving on to other rich men here in Africa.

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Who is Aliko Dangote?

Aliko Dangote is a business tycoon, entrepreneur and philanthropist.

He was born on the 10th of April 1957.

Dangote is actually a Muslim, and he is from Kano State, Nigeria.

He is a grandson of the famous Alhaji Alhassan Dantata.

Dantata was the richest man in all of West Africa during his time.

Dangote is married, and he has children.

Three daughters and a single son.

How Aliko Dangote’s Education Started?

Aliko Dangote attended the Sheikh Ali Kumasi Madrasa.

After that, he joined the Capital High School in Kano State.

At the completion of his High school education, Dangote joined the Government College in Birnin Kudu and graduated in 1978.

After college, he gained admission to the Al-Azhar University in Cairo, Egypt.

At the University, Aliko gained a Bachelor’s degree in Business Studies and Administration.

How Aliko Dangote Started his Business Career in 1977?

Dangote started business with the company ‘Dangote Group’.

He established this company in 1977, and it focused on diverse fields.

He actually started this company as a small company, but later expanded it after their relocation to Lagos state.

Dangote Group is one of the biggest companies in all of Africa today.

They are into the manufacturing of Cement, food products, and many other consumer products.

Today, this company has numerous branches and headquarters in different countries across Africa.

The Dangote Group has the biggest sugar refinery in Africa today, and one of the biggest in the world at large.

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He rules the sugar market in Africa, and he is a major supplier to different companies who make products like snacks, beverages, and more.

Today, Dangote has gained so much wealth from his company, and he is the richest man in Africa as we speak.

Want to see Dangote’s Awards And Recognitions?

As a successful businessman, Aliko Dangote has won so many awards and recognitions for himself.

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Some of them are listed below.

2014

Back in 2014, Dangote was announced as the Forbes Magazine’s African Person of the year.

He was also listed as one of the most influential persons in the world by the famous Times Magazine.

Still the same year, he was later listed as one of the top 25 businessmen in the world.

2015

In 2015, Dangote was announced by Bloomberg Market to be one of the most influential people in the world.

He also won the prestigious Guardian Man of the Year Award.

2016

In 2016, Aliko Dangote won the African Business Leader of the year award which was actually hosted by the Africa-America Institute.

Aside from these awards, Dangote has also won several high honours.

While Goodluck Ebele Jonathan was still president of Nigeria, he honored Aliko Dangote as the Grand Commander of the Order of the Niger.

This is one of the most prestigious honours in Nigeria.

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It is often shortened as GCON.

Dangote’s Cars, Mansions, and Assets

Being a very successful businessman, we can all imagine how comfortable Dangote lives.

Dangote owns a huge mansion in Abuja.

This mansion is worth a whopping $30Million.

It is said that he currently lives there with his wife and children.

He also owns a huge mansion in Banana Island, Lagos State.

We all know that Banana Island is a place filled with famous Nigerian Celebrities.

Dangote has received numerous celebrity visitors in his Banana Island mansion.

One of such visitors was the P-Square music group.

They both once visited the African billionaire, and this trended for a while online.

List of Aliko Dangote’s Cars

Some of the major cars owned by Dangote are.

  • A Maybach 57s Knight Luxury
  • A Bugatti Veyron
  • A Bentley Mulsanne
  • A Mercedes-Benz CL65 AMG
  • And many other luxury rides…

These cars are all very expensive, and they can not be afforded by even some rich people.

Aside from the wonderful rides, Dangote also has a private jet.

This is a Bombardier Global Express XRS jet that costs a whopping $45 Million dollars.

We can see that Dangote is a complete Billionaire.

What is Dangote’s Net Worth?

Currently, Dangote is estimated to worth $9.8 Billion, making him the richest man in Africa as a whole today.

So, I hope you’ve known more about the life of the richest man in Africa.

He is a Nigerian, and he is well respected all over the world for his creativity in the business world.

Tags: businessdangotemoneynigeria
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