Aliko Dangote
Nigerian business magnate and the world's richest black man.
Last updated
According to the Bloomberg Billionaires Index, as of August 13, Dangote is the wealthiest black individual and the wealthiest person in Africa, with a net worth exceeding US$35.1 billion.[1]
Key facts and history
Dangote founded Dangote Cement, which has generated about $3.7 billion in revenue.[2] Dangote's initial business endeavor was funded by a $3,000 loan provided by his uncle.[3]
What the cited sources add
According to Legit.ng, Dangote married his first wife, Zainab, in 1977 at age twenty, and the couple had two daughters, Maria and Halima.[4] The same source states that his second marriage to Mariya Muhammad Rufai produced one daughter, Fatima, and ended in divorce in 2017.[4] A BusinessDay article from 2024 notes that Dangote's dominance in Nigeria's cement and sugar industries has forced many competitors to scale down or exit the market.[5] The same article reports that Dangote has secured tax waivers and concessions from the Nigerian government, giving his businesses a competitive edge.[5]
Another BusinessDay article from 2024 states that Dangote admitted in a 2018 Financial Times interview that he part-funded Olusegun Obasanjo's 1999 presidential campaign.[6] TheCable reported in 2014 that Dangote donated N150 million to establish an Ebola emergency operation centre in Lagos.[7] In 2020, The Punch reported that Dangote donated 200 million naira to combat COVID-19, allocating 100 million naira each to Lagos State and the NCDC.[8]
References
- Wikipedia, "Aliko Dangote" (CC BY-SA 4.0), which cites: "Bloomberg Billionaires Index", Bloomberg.com; "Aliko Dangote", Forbes (original not read by us) en.wikipedia.org
- Wikipedia, "Aliko Dangote" (CC BY-SA 4.0), which cites: Ekeugo, "Dangote vs Tinubu: A Clash of Titans", The Republic, 3 November 2024 (original not read by us) en.wikipedia.org
- Wikipedia, "Aliko Dangote" (CC BY-SA 4.0), which cites: Wilson 2015, p. 137a (original not read by us) en.wikipedia.org
- Wikipedia, "Aliko Dangote" (CC BY-SA 4.0), which cites: Golub, "Aliko Dangote's children: interesting facts to know", Legit.ng, 11 January 2019 (original not read by us) en.wikipedia.org
- "Nigeria's oil politics and the other side of Dangote's conglomerate", BusinessDay, 23 September 2024. facts only, no text reused. businessday.ng
- Fasan, "Dangote is a state-made colossus; he should serve the common good", BusinessDay, 26 August 2024. facts only, no text reused. businessday.ng
- Nwabufo, "Dangote boosts Ebola fight with N150m", TheCable, 14 August 2014. facts only, no text reused. thecable.ng
- Ige, "Billionaires supporting fight against COVID-19", The Punch, 3 May 2020. facts only, no text reused. punchng.com
Each numbered sentence above was checked against the source it cites before publication. Sentences citing Wikipedia adapt text from the English Wikipedia article Aliko Dangote (contributors), used under CC BY-SA 4.0; this entry is available under the same licence. Other sources were used for facts only; no text or images are copied from them.
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Sources
Compiled from Wikipedia and the sources listed below. Text from Wikipedia is available under CC BY-SA 4.0; this entry is adapted from it.
- Wikipedia: Aliko Dangote (CC BY-SA 4.0).
- Word definitions: the Codexery glossary, each quoted from its Wikipedia article.
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