Aliko Dangote: Net Worth, Bio, Wiki And Family Details of a Business Man

Aliko Dangote: Net Worth, Bio, Wiki And Family Details of a Business Man

In the year 2022, the wealth of Aliko Dangote, a Nigerian business billionaire, is estimated to be $22 billion. He is among the wealthiest people living south of the equator. He is regarded as one of the wealthiest men on the planet. He is the gentleman who is from Nigeria and has the most wealth. In the field of commerce, he is unparalleled anywhere else on the planet in terms of his wealth as an African gentleman. In Nigeria, he has earned the title of “King of Commodities.”

In the past, eight out of ten billionaires in Africa and on the continent were from South Africa. However, because to his money, he has been able to break the South African monopoly on the African billionaire market. We are talking about Aliko Dangote. The current estimated value of Aliko Dangote’s wealth is $22 billion. Aliko Dangote is one of the wealthiest people now living on this world. Aliko Dangote amassed his fortune in the realm of commodities, which includes industries as diverse as oil and cement.

Aliko Dangote
Aliko Dangote

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Aliko Dangote’s Net Worth

The well-known business entrepreneur “Aliko Dangote” of Nigeria is estimated to have a net worth of $22 billion. According to a number of websites (including Wikipedia, Forbes, and Bloomberg), Aliko Dangote, the most well-known business entrepreneur in Nigeria, is estimated to have a net worth of approximately $22 billion.

Aliko Dangote has a net worth of $22 billion, as was previously mentioned in the conversation. The annual revenue of his firm is something in the neighbourhood of $28 billion. The profit after taxes comes to almost $900 million. Aliko Dangote gets approximately $500 million only from dividends. Except for the empire of goods.

Additionally, Aliko Dangote own a very substantial reality portfolio. The total cost of producing all of the reality shows adds up to somewhere in the neighbourhood of $4 billion. In practically every region of Nigeria, Aliko Dangote owns real estate holdings. Aliko Dangote is one of the few other African businessmen who has made significant investments in both the United States of America and Europe.

Aliko Dangote’s Bio

On April 10th, 1957, Aliko Dangote was brought into this world. Aliko Dangote was born in a village in the country of Nigeria. His family is originally from a Muslim-dominated ethnic tribe. It is not accurate to suggest that Aliko Dangote become a billionaire on his own despite the fact that he is the richest person on the African continent. When Aliko Dangote’s grandpa was alive, he held the title of wealthiest Nigerian in the entire world.

Family of Aliko Dangote

The elder Dangote, Aliko Dangote’s father, worked for a significant amount of time as a director for Shell Oil in Nigeria. He was also one of the wealthiest people of Nigerian descent in the entire globe. Aliko Dangote carried on his family’s tradition by not only becoming the wealthiest person in Nigeria but also by going on to become the wealthiest person in all of Africa.

We have previously explained to you how Aliko Dangote amassed his fortune in the commodity trade. In 1970, he established his manufacturing facility with the installation of a cement factory. Within just five years, he had become the most successful cement manufacturer in all of Africa. After some time, he established his own group and began investing in the economies of all of the countries that were nearby, including Ghana. Following his ascent to the throne of the cement industry, he established himself as Africa’s preeminent producer of sugar.

He began his supermarket business in the 1990s, and he is now the owner of one of the largest grocery chains on the African continent. He started his supermarket business in the 1990s.
The sum total of the value of his investments in both the United States of America and Europe approaches seven billion dollars. He has not yet seen a profit from such investments; in the event that he does, we will revise this article accordingly. At the moment, Aliko Dangote and his family are residing at a vast home located in Lagos, Nigeria. The value of his property in Lagos, Nigeria is approximately $37 million. Stay tuned for additional news regarding famous people.

Early Life of Aliko Dangote

He was born into an affluent Hausa Muslim family in Kano, which is the state capital of Kano.

Mariya Sanusi Dantata, Dangote’s mother, was the daughter of a successful businessman named Sanusi Dantata.

Mohammed Dangote, Aliko Dangote’s father, worked closely with Sanusi Dantata in the business world.

Through his mother, Dangote is a great-grandson of Alhassan Dantata, who was the wealthiest person in all of West Africa at the time of his passing in 1955.

After attending the Sheikh Ali Kumasi Madrasa, Dangote continued his education at the Capital High School in Kano.

1978 was the year when he received his diploma from the Government College in Birnin Kudu. [11] Al-Azhar University in Cairo awarded him a bachelor’s degree in business studies and administration. He is currently working in the field.

Business of Aliko Dangote

In 1977, when Dangote moved the company’s headquarters to Lagos in order to further develop it, he started the Dangote Group as a little trading company.

In order to begin dealing in commodities, such as bagged cement and agricultural items like rice and sugar, Dangote obtained a loan from his uncle in the amount of $500,000 to get him started. During the 1990s, he proposed to the Central Bank of Nigeria (CBN) the concept that it would be more cost-effective for the bank to let his transport company to handle its fleet of staff buses; the CBN agreed to his proposal.

The Dangote Group is currently one of the greatest corporations in Africa, and it currently has international operations in the countries of Benin, Ghana, Zambia, and Togo. The Dangote Organization began as a trading concern but has since expanded into the largest industrial group in Nigeria. Its holdings now include the Dangote Sugar Refinery, Dangote Cement, and Dangote Flour, amongst others. The Dangote Group holds a dominant position in the sugar industry in Nigeria. The company’s refinery division is the primary provider of sugar (representing 70 percent of the market) to the country’s soft drink firms, breweries, and confectioners. The company is responsible for the employment of more than 11,000 people throughout West Africa.

In July of 2012, Dangote approached the Nigerian Ports Authority with the intention of leasing an unused piece of land at the Apapa Port. Their request was approved.

After that, he constructed facilities for his flour company there. It is the third largest sugar refinery in the world and the largest in Africa, with an annual output of 800,000 tonnes of sugar. The Dangote Group is a large importer of rice, fish, pasta, cement, and fertiliser.

In addition, the Dangote Group operates salt plants and flour mills. Cotton, cashew nuts, chocolate, sesame seeds, and ginger are some of the products that this company ships to other countries. In addition to this, it has significant holdings in the banking sector, the transportation industry, the textile industry, as well as oil and gas.

After forming a collaboration with Stellantis Group, the parent company of Peugeot, as well as the governments of Kano and Kaduna state, Dangote made the announcement in February 2022 that the Peugeot assembling facility in Nigeria would soon be finished. The production of the Peugeot 301, Peugeot 5008, 3008, 508, and Land Trek was the first step in the launch of the new operations at the Dangote Peugeot Automobiles Nigeria Limited (DPAN) factory in Kaduna.

Aliko Dangote
Aliko Dangote

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Aliko Dangote Net Worth Growth 

Net Worth in 2022 $22 Billion
Net Worth in 2021 $21 Billion
Net Worth in 2020 $20 Billion
Net Worth in 2019 $19 Billion
Net Worth in 2018 $18 Billion
Net Worth in 2017 $17 Billion

Quick Facts

Real Name Aliko Dangote GCON
Nick Name: Aliko Dangote
Birth Place: Kano, Nigeria
Date Of Birth/Birthday: 10 April 1957
Age/How Old: 65 years old 
Height/How Tall: In Centimetres – 167 cm
In Feet and Inches – 5′ 6″
Weight: In Kilograms – 69 kg
In Pounds – 152 lbs.
Eye Colour: Black
Hair Colour: Black
Education: Al-Azhar University, Government College
Religion: Muslim
Nationality: Nigerian
Zodiac Sign: Aries
Gender: Male
Sexual Orientation: Straight
Kids/Children Name: Fatima Dangote, Halima Dangote, Abdulrahman Fasasi, Mariya Dangote
Profession: Nigerian business magnate
Net Worth: $22 Billion

Aliko Dangote Relationship 

Affairs N/A
Girlfriend   N/A
Best Friend N/A
Spouse  Zainab Dangote
Divorce Zainab Dangote
Children Fatima Dangote, Halima Dangote, Abdulrahman Fasasi, Mariya Dangote
Parents  Mohammed Dangote, Hajia Mariya Sanusi Dantata
Siblings    Sani Dangote

Aliko Dangote Social media Accounts

Instagram More than 298K Followers Click here
Twitter N/A Click here
YouTube N/A Click here

 

Frequently Asked Questions

What is the net worth of Aliko Dangote?

Aliko Dangote‘s total net worth is around $22 Billion.

What is the age of Aliko Dangote?

Currently, Aliko Dangote is 65 years old (10 April 1957).

What is the Salary of Aliko Dangote?

Aliko Dangote earns an estimated salary of $1 Billion per Year.

What is the Height of Aliko Dangote?

The height of Aliko Dangote is 1.67m. (5’ 6”).

What is the name of Aliko Dangote’s wife?

Aliko Dangote’s wife’s name is Zainab Dangote.

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