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Aliko Dangote Net Worth And Biography

March 15, 2016 by Kelly Davies Leave a Comment

Aliko Dangote is a popular Nigerian billionaire and the richest man in Africa. He is the Chairman of Dangote Group, a multi-trillion naira conglomerate, according to the 2015 Forbes list of 500 richest people in the world Aliko Dangote net worth was estimated to be $14.7 billion.

SEE ALSO: Aliko Dangote To Launch $400 Million Cement Plant In Zambia

Aliko Dangote Net Worth 2016

In the 2016 Forbes list of World Billionaires Aliko Dangote net worth rise from $14.7 Billion to $15.4 billion. His company Dangote Group, is the biggest manufacturer of cement, sugar and flour in Nigeria and in some Africa countries.

Editorial content

Full Name: Aliko Dangote

Country: Nigeria

Net Worth: $15.4 Billion

Occupation: Chairman And CEO Of Dangote Group

Aliko Dangote company was established in 1977 and he hasn’t relent in his effort to grow the company over the years. His consistency did paid off Dangote Group, now operates in Benin, Ghana, Nigeria, Togo etc and is the largest industrial group in Nigeria including Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.

SEE ALSO: 8 Entrepreneurial Traits of Aliko Dangote For Business Startups

Aliko Dangote was born in Kano state, Nigeria on the 10th of April 1957, and he is the great grand nephew of Alhaji Alhassan Dantata, the richest African at the time of his death in 1955. Despite coming from a wealthy background Dangote said he has been doing business right from his primary school days, he said:  “I can remember when I was in primary school, I would go and buy cartons of sweets [sugar boxes] and I would start selling them just to make money. I was so interested in business, even at that time.”

Aliko Dangote Achievements

On 14 November 2011, Dangote was awarded Nigeria’s second highest honour, the Grand Commander of the Order of the Niger (GCON) by the President, Goodluck Jonathan.

In 2013, Alhaji Dangote and six other prominent Nigerians were conferred Honorary Citizenship of Arkansas State by Governor Mike Beebe who also proclaimed May 30 of every year as Nigeria Day in the US.

Dangote was named as the Forbes Africa Person of the Year 2014.

In 2014, the Nigerian government said Dangote had donated 150 million Naira (US$750,000) to halt the spread of ebola.

SEE ALSO: Construction work begins on Dangote single largest oil refinery in the world

Filed Under: Biography, Celebrity, Net Worth Tagged With: Aliko Dangote, Celebrity Money, Kenya

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