Alingo Dangote(b on April 10,1957), is the Nigerian founder and president of Dangote Group.He is known to be one the richest man in Africa. He ranked first in Nigeria in the Forbes 2008 list of the richest people in the world with a fortune estimated at 3.3 billion dollars.
In 2011
With an estimated current net worth of around US$ 13.8 billion,
he was ranked by Forbes as the richest Nigerian citizen. He is also
simultaneously the richest person of African descent in the world,
surpassing Mohammed Al Amoudi ($12.3 billion) and Oprah Winfrey ($2.7 billion.)The Dangote consortium spans across many sectors of
the Nigerian economy.The Dangote Group provides , cements ,sugar, salt,
flour , rice, spaghettis, textile etc,,,,,,,,,at competitive prices.
As a nonpartisan and detribalized businessperson, he
is generous to different political parties, religious groups and
cultural institutions. Apart from providing employment to elite
graduates from different ethnic backgrounds, he minimizes the level of
crime by engaging youths who are school leavers in the area of
transportation, packaging, security amongst others.
It may not be a wild assumption to say that every
Nigerian has heard of his name because of the impact of his business.
His products are in most homes across the country. Those who may not use
his products would have passed some of his trailers by the way. He is
into export, import, manufacturing, real estate and philanthropy. All
these are rolled together into what is known as the Dangote Group.
Beginning
Born in Kano, his grand father, the late Alhaji Sanusi Dantata provided him with a small capital to start his own business, as was the practice then. He thus started business in Kano in 1977 trading in commodities and building materials. Alhaji Aliko Dangote moved to Lagos in June 1977 and continued trading in cement and commodities. Encouraged by tremendous success and increase in business activities, he incorporated two companies in 1981. These and others that followed now make up the conglomerate known as Dangote Group.
Born in Kano, his grand father, the late Alhaji Sanusi Dantata provided him with a small capital to start his own business, as was the practice then. He thus started business in Kano in 1977 trading in commodities and building materials. Alhaji Aliko Dangote moved to Lagos in June 1977 and continued trading in cement and commodities. Encouraged by tremendous success and increase in business activities, he incorporated two companies in 1981. These and others that followed now make up the conglomerate known as Dangote Group.
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