Aliko Dangote Net Worth,Age,Height,Weight Social Media,Wife,Parents,Business Ventures,Career & More
⭐⭐⭐⭐⭐Aliko Dangote Net Worth is $25 Billion in 2024.⭐⭐⭐⭐⭐
Aliko Dangote General Information:
| Total Net Worth- | $ 25 Billion. |
| Full Name– | Aliko Dangote |
| Friend/Family members: | Aliko Dangote parents are Mohammed Dangote and Mariya Sanusi Dantata. |
| Age- | Aliko Dangote is 66 Years old. |
| gender– | Male. |
| height- | Aliko Dangote height is 5 feet 6 inch / 167 cm |
| weight– | Aliko Dangote weight is 69 kg/152 pounds. |
| Hair- | Black. |
| Eyes- | Black. |
| Birth date- | Aliko Dangote was Born on April 10, 1957, in Kano, Nigeria. |
| Profession- | Aliko Dangote is a highly successful Nigerian businessman, known for his immense wealth He has established himself as a prominent figure in the business world. |
| Nationality– | Aliko Dangote Nationality is Nigerian. |
Who is Aliko Dangote ?
Aliko Dangote, Nigeria’s wealthiest billionaire with a net worth of $25 billion. Born on April 10, 1957, in Kano, Nigeria, Dangote is a 66-year-old male entrepreneur and businessperson.
Hailing from Nigeria, he has established himself as a prominent figure in the business world. With his roots in Kano, Dangote has built an empire spanning various industries, solidifying his position as one of Africa’s most influential individuals.
Aliko Dangote is a highly successful Nigerian businessman, known for his immense wealth. With a net worth of $25 billion, he’s not only the wealthiest person in Nigeria but has also held the title of Africa’s richest individual.
Dangote achieved this through his founding of The Dangote Group, a company that holds significant control over various commodities in Nigeria.
Aliko Dangote: From Childhood to Entrepreneurial Success
Early Life:
Born on April 10, 1957, in Kano, Nigeria, Aliko Dangote hails from a wealthy and prominent Muslim family. His parents are Mohammed Dangote and Mariya Sanusi Dantata.
His family background includes notable figures like his great-grandfather Alhaji Alhassan Dantata, who was one of West Africa’s richest individuals.
His maternal grandfather, Sanusi Dantata, was a director at Shell B.P. in Nigeria and founder of Sanusi Dantata and Sons Limited.
Entrepreneurial Spirit:
Even as a child, Dangote demonstrated his entrepreneurial flair by selling candy to his schoolmates for profit.
He received education at various institutions including Sheikh Ali Kumasi Madrasa, Capital High School in Kano, and Government College in Birnin Kudu. Later, he pursued a degree in business from Al-Azhar University in Egypt.
Business Ventures:
In the early 1970s, Dangote returned to Nigeria after his education. With support from a powerful uncle, he secured a government contract to produce cement and received a $5000 loan to start a small business. Inspired by Brazil’s industrial growth, he aimed to replicate similar success in Nigeria.
Aliko Dangote’s Business Empire: The Dangote Group
Establishment and Growth:
In 1977, Aliko Dangote founded the Dangote Group, which has rapidly expanded over the past 35 years. By 2013, the company had amassed nearly $14 billion in revenue.
It started as a small trading firm based in Lagos, Nigeria, and has since become the largest industrial conglomerate in West Africa, employing over 11,000 people.
Diverse Operations:
The Dangote Group operates across Africa, with ventures in countries such as Benin, Ghana, Zambia, and Togo. Its activities span various sectors including food processing, cement manufacturing, freight, and sugar refinement.
The conglomerate comprises multiple companies and subsidiaries like Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.
Significant Market Presence:
Dangote Group dominates the Nigerian sugar market, supplying the majority of the country’s soft drink companies, breweries, and confectioners, capturing about 70% of the market share.
It operates the largest sugar refinery in Africa and ranks third globally, with an annual production capacity of 800,000 tons.
Additionally, the group is involved in salt production, flour milling, and serves as a major importer of various goods into Nigeria while exporting products like cotton, cashew nuts, sesame seeds, and cocoa.
Diversified Investments:
Beyond its core sectors, the Dangote Group invests in real estate, banking, transport, textiles, oil and gas, and telecommunications.
Notably, Dangote Cement contributes around 80% of the conglomerate’s revenue, producing a staggering 44 million metric tons of cement annually.
Political Involvement:
Aliko Dangote has been active in Nigerian politics, providing financial support to various campaigns, including Olusegun Obasanjo’s re-election bid in 2003.
He donated significant sums, such as N200 million (US $2 million), which sparked controversy regarding possible corruption and ties between private industry and government officials.
Philanthropic Contributions:
Beyond politics, Dangote is heavily involved in philanthropy, particularly in public health initiatives. He donated N150 million (US $75,000) to combat Ebola in 2014 and N200 million in March 2020 to fight the spread of COVID-19 in Nigeria.
He has partnered with organizations like the Bill and Melinda Gates Foundation to address issues such as polio and serves on the board of the Clinton Health Access Initiative.
Establishment of Aliko Dangote Foundation:
In March 2014, Dangote established his own foundation, the Aliko Dangote Foundation, focusing on health, education, and economic empowerment.
He also serves on various international initiatives, including the Corporate Council on Africa and the Global Education First Initiative’s steering committee, under the United Nations Secretary-General.
Aliko Dangote Net Worth Analysis:
- In the year 2017 Aliko Dangote Net Worth is up to $15 Billion.
- In the year 2019 Aliko Dangote Net Worth is up to $18.50 Billion.
- In the year 2023 Aliko Dangote Net Worth is up to $20 Billion.
Now In 2024 Aliko Dangote Net Worth is up to $ 25 Billion
Aliko Dangote: Personal Life
Residence:
Aliko Dangote resides in Lagos, Nigeria.
Marital Status:
He has been married twice and divorced twice.
Family:
Dangote has three daughters from his marriages, including Halima Aliko Dangote, and one adopted son.
FAQ’s: Aliko Dangote
Q1). How much is Aliko Dangote’s net worth?
Ans : Aliko Dangote’s Net worth is $25 Billion.
Q2). What is Aliko Dangote age?
Ans : Aliko Dangote is a 66 years old .
Q3).Where was Aliko Dangote born?
Ans : Aliko Dangote Born on April 10, 1957, in Kano, Nigeria.
Q5).What is Aliko Dangote’s listed height?
Ans :Aliko Dangote’s listed height is 5 feet 6 inches (1.67 meters).
Q6).who is Aliko Dangote?
Ans : Aliko Dangote is a highly successful Nigerian businessman, known for his immense wealth He has established himself as a prominent figure in the business world.
