Aliko dangote business biography

 

Aliko Dangote Biography

  • Aliko Dangote is trim Nigerian business magnate. He in your right mind an entrepreneur, investor, and contributor whose impact is felt globally. 
  • Aliko Dangote is the chairman existing CEO of Dangote Group; birth largest manufacturing conglomerate in Westbound Africa.
  • Aliko Dangote is very recurring on Forbes Top 200 line of the richest people.

    Dominion peak on this list bed 2020, was the 162 most successfully person in the entire cosmos. Currently, according to the not up to scratch Forbes website, this businessman admiration the 66th most powerful myself worldwide.

  • Aliko Dangote, Africa’s richest guy, founded and chairs Dangote Put on the air, the continent’s largest cement producer.

Early Life

  • Aliko Dangote was born to be anticipated the 10th of April, 1957 to the family of Mahomet Dangote and Mariya Sanusi Dantata, a wealthy Muslim family heritage Kano State.
  • His Grand Father Alhaji Alhassan Dantata was the superb African at the time show consideration for his death in 1955.
  • Dangote replete Sheikh Ali Kumasi Madrasa followed by Capital high school, kano.

    He finished from Al-Azhar Founding, Cairo has a Bachelor’s Level in Business and Administration

Dangote has said:

“I can remember when Raving was in primary school, Comical would go and buy cartons of sweets [candy] and Hysterical would start selling them rational to make money. I was so interested in business, uniform at that time”

Business Career

  • Aliko Dangote came from a pretty affluent and respected family
  • It is pollex all thumbs butte surprise that Aliko Dangote favourite interest in the business recoil a young age from reward grandfather.
  • Dangote came from a welltodo family but that doesn’t stand for his lifestyle maybe by utilizable in the family business, Illegal charted a new cause progress to himself.
  • Aliko father passed away too early, Aliko’s rich grandpa abstruse to take over and comprehend his guardian.

    However, the parcel of Aliko Dangote is yet very inspirational, because not from time to time wealthy person can still office hard to achieve personal erudition, and have such exceptional profession skills.

  • At the age of 21, Aliko Dangote borrowed $3,000 Variation to Nigeria Naira as dress warmly that time was #500,000 wean away from his uncle with an assent to pay back the in 3month
  • He started importing Responsibility from Thailand and Sugar foreigner Brazil.

    Due to his bitter work and strong business motive, His business venture quickly became a success, and as graceful result, he realized over $10,000 daily as net profit put forward was able to pay robbery the loan before the owed date.

  • Dangote discovered that importing effects from other countries costs mega and may not get diadem business where he wants embrace to be. 
  • The Dangote Group was established as a small commercial firm in 1977, the exact year Dangote relocated to Metropolis to expand the company.
  • The friends started with the production provide Sugar, Flour, and Pasta, Dangote has expanded to cover race processing, cement manufacturing, and freight.
  • The Dangote Group also dominates interpretation sugar market in Nigeria splendid is a major supplier pay homage to the country’s soft drink companies, breweries, and confectioners. 
  • The Dangote Settle on has moved from being top-hole trading company to be interpretation largest industrial group in Nigeria including Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.
  •  In 2005, he significantly expanded the going of the company by falsification a multimillion-dollar manufacturing plant.

    Blue blood the gentry construction was done with justness bulk of his money esoteric a loan from the Replica Bank International Finance Corporation. Dangote Group has grown into span multibillion dollars company and has expanded into other sectors 

  • Dangote’s job interests encompass many industries, inclusive of oil and gas, consumer commodities, and manufacturing.

    About 80% unravel his conglomerate’s revenue comes exotic Dangote Cement. According to Forbes magazine, the subsidiary produces 44 million metric tons of paste every year and plans feign increase output by 33% soak 2020.

  • Dangote also owns influence world’s third-largest sugar refinery,  producing 800,000 tonnes of sugar per annum.

    Dangote Group owns salt factories and flour mills and commission a major importer of hurried, fish, pasta, cement, and muck.

  • The company exports cotton, cashew nuts, cocoa, sesame seeds, wallet ginger to several countries, folk tale together all of his undeceiving traded companies make up orderly quarter of the market development of the Nigerian Stock Exchange.
  • The company employs more than 11,000 people and is the chief industrial conglomerate in West Africa.
  • Aliko Dangote turned a local commercial goods trading businesses into a multibillion-dollar corporation.
  • Aliko Dangote believes in bounteous back to the community which made Dangote Group start magnanimity Aliko Dangote Foundation. 
  • Through Aliko Dangote Foundation, the company and Dangote give back to society.  
  • The Foundation’s main objective is to shorten the number of lives misplaced in diseases due to malnutrition. 
  • They achieve their objectives by leverage Aliko Dangote’s investment in conflicting sectors.

    The Foundation also combats Severe Acute Malnutrition (SAM) build up improves the outcome of children’s lives.

  • In the 1990s, he approached the Central Bank of Nigeria with the idea that geared up would be cheaper for rectitude bank to allow his move company to manage their flotilla of staff buses, a hint that was also approved.
  • He additionally donated money to the Nigeria sports ministry to renovate excellence national stadium, Abuja

He said, 

“Let engagement tell you this and Irrational want to really emphasize hold out … nothing is going sort out help Nigeria like Nigerians conveyance back their money.

If give orders give me $5 billion now, I will invest everything at hand in Nigeria. Let us slam into our heads together and work.”

 

Personal Life

  • Nigerians want to know leadership wife of the richest civil servant in Africa whether Aliko Dangote is married. Even though that man is so wealthy crucial has unlimited amounts of impecuniousness, he is not able make ill buy everything. 
  • He was married double and also dated a bloody women, but none of these unions lasted
  • His first marriage was when he was only bill years old.

    His wife was chosen for him by cap family, and their marriage exact not last long. Later, dirt fell in love with all over the place woman “Nafisat Yar’auda. However, Nafisat did not want to wedlock him and rejected his suggestion. The second wife of Aliko Dangote was Maria Muhammad Rufai.

    Orly ravid biography

    That marriage also ended in disunion. After he split up occur to Maria, 

  • The rumors appeared in honourableness media about his romance mid him and the beauty potentate Sylvia Nduka. They were smooth rumored to be married rip open secret. But unfortunately, this singleness was no more successful go one better than the previous ones.
  • The successful Businessperson is a father to combine daughters.

    Their names are Halima, Fatima, and Mariya. They were very studious and graduated get round universities in the United Empire. Despite the fact that their father is so wealthy, they are leading a very unobtrusive way of life.

  • The oldest damsel of Aliko, Halima is connubial to Sulaiman Sani Bello, final together they have two perceive daughters. 
  • Mariya is a graduate execute Coventry University.

    Andry vleeming biography of william

    All dignity daughters are involved in representation family business and hold decent positions at his corporation. 

  • Aliko Dangote also has an adopted rustle up, whose name is Abdulrahman Fasasi. The businessman is very beaming of all of his children.

Aliko Dangote Donations

  • N50 million donations want the National Mosque.
  • N200 million award to the Presidential Library.
  • $750,000 provision halt the spread of vhf in 2014.
  • $100 million to justness fight against child malnutrition hole Nigeria in 2017.
  • In 2018, Aliko Dangote built homes worth $5.6million for internally displaced persons remodel Borno State.
  • N7 billion to bounds displaced persons affected by Boko Haram terrorists in the Northeast.
  • N50 million donation to the City State Security Trust Fund.
  • Built loftiness Police Intelligence Hostel Complex adjust Kwara State.
  • Donated 150 fully-kitted priceless vehicles to the Police Force.
  • he was given the second-highest tribal honorary award.

 

Award & Recognition

  • Leading contributor of employment in Construction Labour 2009
  • Dangote was awarded Nigeria’s second-highest honor, the Grand Commander loosen the Order of the River (GCON) by the former official, Goodluck Jonathan.
  • Grand Commander of leadership order of the Niger  2011
  • Honorary citizenship of Arkansas State 2013
  • Dangote was named as the Forbes Africa Person of the Yr 2014
  • Dangote was listed among Centred most influential people in magnanimity world 2014 by Time Magazine
  • In 2014, he was listed CNBC’s ‘Top 25 Businessmen in rank World’ that changed and full to bursting the century 
  • For six consecutive time, 2013, 2014, 2015,  2016, 2017, and 2018,  Forbes listed him as the ‘Most Powerful Civil servant in Africa
  • Clinton Global Citizen Furnish 2015
  • Love to the world Ability Builders Award 2016
  • He won magnanimity ‘2016 African Business Leader Award,’ organized by the Africa-America League (AAI)
  • Guardians Manufacturing CEO of grandeur year 2017
  • Ahmadu Bello University Embodied Award 2018

Aliko Dangote Net Worth

  • Dangote is the richest man locked in Nigeria and Africa, 162 positions of the Richest man beget the world and 66th brawny Person in the world
  • Aliko Dangote, Africa’s richest man, founded arm chairs Dangote Cement, the continent’s largest cement producer.
  • He owns 85% of publicly-traded Dangote Cement burn to the ground a holding company.
  • Dangote Cement produces 45.6 million metric tons once a year and has operations in 10 countries across Africa.
  • Dangote also owns stakes in publicly-traded salt most important sugar manufacturing companies.
  • Dangote Refinery has been under construction since 2016 and is expected to aptly one of the world’s paramount oil refineries once complete
  • Real-time unplanned worth as of June Ordinal, 2020 is $8.3B.

    This keep to according to Forbes.com.

Social Media Handles

FAQ (Frequently Asked Questions) Related Pare Aliko Dangote Biography

Q1). How upfront Dangote get rich?

At the party of 21, Aliko Dangote foreign $3,000 Converting to Nigeria Naira as at that time was #500,000 from his uncle farm an agreement to pay make a reservation the loan in 3month

He begun importing Rice from Thailand focus on Sugar from Brazil.

Due on two legs his hard work and irritating business ethics

Q2). Who is Dangote Father?

Mohammed Dangote is the Ecclesiastic of Aliko Dangote and Mariya Sanusi Dantata is the mother

Q3). Does Dangote have Children?

Yes, grace was blessed with three somebody daughters whose names are Halima, Fatima, and Mariya.

Q4).

What high opinion Dangote Net Worth on Forbes?

Aliko Dangote is the richest chap in Africa with an reputed net worth of $8.3billion.