Aliko Dangote (Entrepreneur) – Overview, Biography

Name:Aliko Dangote
Occupation: Entrepreneur
Gender:Male
Birth Day: April 10,
1957
Age: 63
Birth Place: Kano,
Nigeria
Zodiac Sign:Aries

Aliko Dangote

Aliko Dangote was born on April 10, 1957 in Kano, Nigeria (63 years old). Aliko Dangote is an Entrepreneur, zodiac sign: Aries. Nationality: Nigeria. Approx. Net Worth: $7 Billion. With the net worth of $7 Billion, Aliko Dangote is the #97 richest person on earth all the time in our database.

Trivia

His company dominated the sugar and refinery industry and later diversified by spreading into telecommunication. In 2009, he was the largest purveyor of jobs in the construction industry.

Net Worth 2020

$7 Billion
Find out more about Aliko Dangote net worth here.

Physique

HeightWeightHair ColourEye ColourBlood TypeTattoo(s)
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Before Fame

He studied business at Al-Azhar University in Egypt and then borrowed money from his uncle to start his first business. The Dangote group began in 1977 as a small trading company but grew into a multinational conglomerate.

Biography

Biography Timeline

1957

Aliko Dangote, an ethnic Hausa Muslim from Kano, Kano State, was born on 10 April 1957 into a wealthy Muslim family,the son of Mohammed Dangote and Mariya Sanusi Dantata, the daughter of Sanusi Dantata. He is the great-grandson of Alhaji Alhassan Dantata, the richest West African at the time of his death in 1955.

1977

The Dangote Group was established as a small trading firm in 1977, the same year Dangote relocated to Lagos to expand the company. Today, it is a multi trillion-naira conglomerate with many of its operations in Benin, Ghana, Nigeria, Zambia and Togo. Dangote has expanded to cover food processing, cement manufacturing, and freight. The Dangote Group also dominates the sugar market in Nigeria and is a major supplier to the country’s soft drink companies, breweries, and confectioners. The Dangote Group has moved from being a trading company to be the largest industrial group in Nigeria including Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.

1978

Dangote was educated at the Sheikh Ali Kumasi Madrasa, followed by Capital High School, Kano. In 1978, he graduated from the Government College, Birnin Kudu. He received a bachelor’s degree in business studies and administration from Al-Azhar University, Cairo.

2003

Dangote had a prominent role in the funding of Olusegun Obasanjo’s re-election bid in 2003, to which he gave over N200 million (US$2 Million). He contributed N50 million (US$500 Thousand) to the National Mosque under the aegis of “Friends of Obasanjo and Atiku”. He contributed N200 million to the Presidential Library. These highly controversial gifts to members of the ruling PDP party have generated significant concerns despite highly publicized anti-corruption drives during Obasanjo’s second term.

2009

Dangote has diversified into telecommunications and has started building 14,000 kilometres of fibre optic cables to supply the whole of Nigeria. As a result, Dangote was honoured in January 2009 as the leading provider of employment in the Nigerian construction industry.

2012

In July 2012, Dangote approached the Nigerian Ports Authority to lease an abandoned piece of land at the Apapa Port, which was approved. He later built facilities for his flour company there. In the 1990s, he approached the Central Bank of Nigeria with the idea that it would be cheaper for the bank to allow his transport company to manage their fleet of staff buses, a proposal that was also approved.

2013

Dangote reportedly added $9.2 billion to his personal wealth in 2013, according to the Bloomberg Index, making him the thirtieth-richest person in the world at the time, in addition to being the richest person in Africa.

2014

In 2014, the Nigerian government said Dangote had donated 150 million naira (US$750,000) to halt the spread of Ebola. In March 2020, he donated 200 million naira (US$500,000) towards the fight against the spread of COVID-19 in Nigeria.

2016

Dangote sits on the board of the Corporate Council on Africa, and is a member of the steering committee of the United Nations Secretary-General’s Global Education First Initiative, the Clinton Global Initiative and the International Business Council of the World Economic Forum. He was named Co-chair of the US-Africa Business Center, in September 2016, by the US Chamber of Commerce. In April 2017, he joined the Board of Directors of the Clinton Health Access Initiative. A dedicated philanthropist, Dangote made an initial endowment of $1.25 billion to the Aliko Dangote Foundation in March 2014, enabling it to scale up its work in health, education and economic empowerment. In addition, he is collaborating with the Bill and Melinda Gates Foundation to fight polio and other issues. He is also on the Board of One Campaign.

🎂 Upcoming Birthday

Currently, Aliko Dangote is 64 years, 9 months and 9 days old. Aliko Dangote will celebrate 65th birthday on a Sunday 10th of April 2022.

Find out about Aliko Dangote birthday activities in timeline view here.

Aliko Dangote trends

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