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musicudio · 11 months

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Aliko Dangote Net Worth 2023, Bio, Wife, Childrens, Car’s, House, Yacht, Jet and Career

Aliko Dangote, CEO, of Dangote Group a business tycoon from Nigeria, will have $22 billion in his bank account by 2023. He is one of the richest people who live south of the equator. He is one of the richest people in the world. No other Nigerian man has as much money as he does. He is the African investor who has made the most money in history.

Nigerians respect him as the “King of Commodities” just Because of his wealth, South Africa, which used to have eight of Africa’s ten richest people, no longer has that power. It is thought that he is worth about $22 billion. Aliko Dangote is one of the guys with the most money in the world. Aliko Dangote got his money from the oil and cement markets.

Personal InformationReal nameAliko DangoteDate of birth10 April 1957Country of OriginFederal Republic of NigeriaNicknameDangoteSource of WealthBusinessmanCompaniesCement, Sugar, FlourNet worth$22 billion

Aliko Dangote Net Worth

Dangote is based in Lagos. He owns two private jets and spends daily 10 miles on the treadmill.

“Aliko Dangote” is a businessman from Nigeria who is worth $22 billion. Wikipedia, Forbes, and Bloomberg all say that Aliko Dangote, the most well-known businessman in Nigeria, is worth more than $22 billion. We looked at Dangote net worth of $22 billion. His company makes close to $28 billion in sales every year. After taxes, the company made $900 million. Dividends alone bring in $500 million for Aliko Dangote. Numerous reality television programs are owned by Dangote. The price of Reality Portfolio is close to $4 billion. Nigeria is covered by Dangote’s property. Dangote is one of the few African businessmen who make significant investments in the US and Europe.

Aliko Dangote Bio

Age– 66Source of Wealth- Cement, sugarSelf-MadeResidence– Lagos, NigeriaCitizenship- NigeriaMarital Status– DivorcedChildren- 3Education- Bachelor of Arts/Science, Al-Azhar UniversityDangote was born in 1957 on April 10. Dangote was born in a Nigerian hamlet. A Muslim background. The richest African, Dangote, is not self-made. The richest man in Nigeria was Dangote’s grandpa.

The father of Dangote served as the longstanding director of Shell Oil Nigeria. He was one of the richest Nigerians on the planet. The wealthiest African and Nigerian is Aliko Dangote.

Dangote, the richest man in Africa, is the CEO of Dangote Cement, the continent’s largest cement manufacturer.

Through a holding firm, he owns 85% of the publicly traded Dangote Cement.

With operations in ten African countries, Dangote Cement generates 48.6 million metric tons of cement annually.

Dangote’s Nigerian fertilizer plant started operating in March 2022.

One of the biggest oil refineries in the world will be the Dangote Refinery, which has been under construction since 2016.

The richest person in Africa never talks about his personal life in the news, but it was said that Dangote had been married and separated twice. At a young age, his parents chose a wife for him. Later, he fell in love with Nafisat Yar’auda, a friend of one of his daughters. She was the daughter of our late president, but she said “no” when he asked her to marry him. It was said that he quietly married the former “Beauty Queen of Nigeria,” Sylvia Nduka, in 2013.

Dangote wed Zainab Dangote in 1977; the date of their divorce is unclear. Although the exact dates of their wedding and divorce are unknown, he married Mariya Muhammad Rufai. Halima, Mariya, and Fatimah are his three daughters, while Abdulrahman is his adopted son. Halima started working for him as the executive director of business operations.

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Aliko Dangote Children

Son: Dangote’s adoptive son is named Abdulrahman.

Daughters: Dangote daughters Halima, Mariya, and Fatimah are his biological children.

Aliko Dangote House

As of right now, Dangote has more wealth than anyone else of African descent. His residence is a luxurious mansion. There are whispers that the home could be worth $30 million. In Abuja, where the house is. If you haven’t seen anything as stunning as this home, you haven’t been looking hard enough. A variety of paintings and lights give the house a vibe of Victorian elegance, and the interior is well-decorated as well.

Aliko Dangote Car’s

As expected, Dangote, a billionaire, owns expensive exotic vehicles. Below is the list of exotic cars:

⇒Bugatti Veyron—728 million ⇒Bentley Mulsanne – 112 million dollars ⇒Maybach 57S Knight Luxury – $364 million ⇒Mercedes-Benz CL65 AMG—73 million

Aliko Dangote private jets

https://musicudio.com/wp-content/uploads/2023/06/jet.webp

The wealthiest man in Africa, like other billionaires, purchases private jets. Bombardier of Montreal sold Dangote a Global Express XRS. On Aliko’s 53rd birthday, the jet was taken to the Murtala Muhammad International Airport in Lagos. It cost $45 million, equivalent to 16,3 billion naira.

Aliko Dangote Yacht

Alhaji Dangote is the richest person in Africa, and he knows how to have an enjoyable time. The CEO of the Dangote Group bought a boat for $43 million.

Career of Aliko Dangote

As was already said, Dangote got rich by selling goods. In 1970, a cement plant was the first part of his factory complex. In just five years, he grew to be the biggest cement maker in Africa.

After starting his own business, he put money into Ghana and other countries nearby. After he became the king of cement in Africa, he made the most sugar. After starting his grocery business in the 1990s, he now owns one of the biggest retail chains in Africa.

Dangote started trading rice and sugar in the 1970s.

In 1981, he founded the Dangote Group, which has grown into one of Africa’s largest companies. The Dangote Group owns cement, sugar, salt, flour, agriculture, and real estate. Dangote invests in banking, telecommunications, and oil and gas.

Dangote launched the Dangote Foundation to address health, education, and poverty in Africa.

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Aliko Dangote Awards and Achievements

Dangote has won various accolades and recognition for his work in business and philanthropy, such as:

⇒ Time magazine’s annual ranking of the world’s 100 most influential people as of 2014.

⇒ Forbes’ African Person of the Year for 2014

⇒ In 2011, he was made a Commander of the Order of the Niger (CON) by the Nigerian government.

⇒ In 2014, the government of Nigeria bestowed the honorary title of Grand Commander of the Order of the Niger (GCON).

⇒ The Clinton Foundation’s Global Citizen Award (2015)

⇒ Africa’s equivalent of Forbes’ Lifetime Achievement Award for 2018

⇒ Bloomberg’s annual ranking of the fifty most influential persons in the world as of 2019.

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hardynwa · 4 months

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Why Awotona’s tech billionaire status in the US matters

One striking thing about Nigerians is that once a Nigerian excels in any field of human endeavour, that field becomes attractive to other Nigerians. That is why the emergence of Tope Awotona as a tech entrepreneur billionaire in the United States is a thing of note. Last week, the news of the emergence of Awotona, founder and CEO of Calendly, as a billionaire was massively shared on social media. Even though Forbes had reported the story in 2022, it sounded fresh last week when it was shared. According to Forbes, in 2021, Calendly – a scheduling tool company -raised $350 million in funding from OpenView Venture Partners and Iconiq Capital at a price that shot up the value of the company to $3 billion. Consequently, Awotona’s stake in the company surged to over $1 billion, making him one of only two Black tech billionaires in the United States. Even though Calendly has big competitors like Square, Microsoft, Doodle, and Google, it is very popular in the corporate world. Awotona is not the first Nigerian billionaire. But what is striking about his meteoric rise is that he is based in the US and achieved the feat in entrepreneurship as an immigrant who grew up in Nigeria but relocated to the US in his teens. In addition, he excelled in tech. He is recorded as the richest African immigrant in the US. As of Sunday, January 28, 2024, Forbes put his real-time worth at $1.2 billion, making him the 2,284th richest man in the world. The 42-year-old Awotona was said to have set up about three businesses in the US which all failed. Eventually, the frustration he faced trying to set up meetings as a salesman made him think of creating a platform that could make fixing meetings seamless. He invested $200,000 of his savings as well as credit into the business and nurtured it until it succeeded. His success has opened a new chapter for Nigerians in different parts of the world, especially North America and Europe. It has proved that the billionaire list in the United States is not the exclusive preserve of Caucasians and Asians. It has also shown that Nigerian immigrants are not cut out for only employee jobs nor are they excluded from founding IT-related businesses. As big as the North American and European economies are, Nigerian and African immigrants and their children have been playing at the fringes. Despite the challenges in the African economies, it seems that it is easier for Africans to become billionaires while doing business in Africa than abroad. No doubt, factors like environment, race, etc. could have caused that, but there could also be the possibility that the need to play it safe is a contributory factor. When Nigerian professionals like doctors and tech experts relocate abroad, they earn very attractive salaries. When this money is converted to the naira, it becomes so much and buys so much in Nigeria even more than its dollar equivalent in the US. Other professionals in other less lucrative fields still earn enough to make them pay their bills, send money home, and live well. Once Nigerian immigrants can buy some property and invest in other fields that can guarantee a stable and comfortable future, they feel fulfilled. Because of this situation, it seems these African immigrants are content with playing it safe. The fear of debts and bankruptcy is the beginning of wisdom for many Nigerians. The Nigerian system does not have credit cards. People usually pay for their purchases with a debit card or cash. Only big businesses and high-net-worth individuals are given the privilege of buying things on credit or even getting loans. In addition, it is seen as a stigma for a Nigerian to be called a debtor, especially abroad. One thing most European and North American financial consultants say about Nigerians is that they don’t ever want to owe any money. Although the Western system encourages people to buy things with credit cards, so as to build their credit rating, Nigerians would immediately pay off their debt, to avoid “stories that touch the heart.” They are also usually too afraid to take a loan, to avoid getting trapped in a debt pit that they won’t be able to come out of easily. Even when they are told that rich people use loans to build their businesses and make more money by taking advantage of the legal loopholes in the Western system, most Nigerians are afraid of getting into such. They can’t imagine getting themselves into debt that would make them lose their property or declare bankruptcy. Such news would not sound good at home. Perhaps all these factors have made Nigerians and Africans in the Diaspora have limited success. However, the success recorded by Awotona may encourage more Africans to break that barrier. Read the full article

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