Aliko Dangote is Africa’s Richest Person. He is Richer than Mark Zuckerberg.
| March 10, 2011 | Posted by Question MarkMag under News |
A. Dangote.
The latest Forbes list of richest men in the world was released today, Nigeria’s business man Aliko Dangote is the richest African and he made a quantum leap on the list from 200+ position last year to 51 position in the latest list, surpassing a whole lot of bunch like Abramovich Richard Branson, Oprah Winfrey and followed closely by Mark Zuckerberg of Facebook.
Forbes says Aliko Dangote has a networth of $13.8billion as of March 2011, ranking him 51st in the world and number 1 in Africa.
The 53-yr old businessman’s fortune surged 557% in the past year, making him the world’s biggest gainer in percentage terms.
The listing of his company, Dangote Cement, on the Nigerian Stock Exchange served as a catalyst. His company’s listing now accounts for a quarter of the market capitalization of the Nigerian Stock Exchange. Dangote Flour, Dangote Sugar and national Salt, his other companies also listed on the exchange, means that he accounts for close to 35 per cent of the total market capitalisation.
The Nigerian businessman’s fortune surged 557% in the past year, making him the world’s biggest gainer in percentage terms and Africa’s richest individual for the first time. The catalyst was listing Dangote Cement, which integrated his investments across Africa with his previously public Benue Cement; it now accounts for a quarter of the Nigeria Stock Exchange’s total market cap. Already the continent’s biggest cement maker, he has plants under construction in Zambia, Tanzania, Congo and Ethiopa and is building cement terminals in Sierra Leone, Ivory Coast and Liberia, among other places. Dangote, who recently bought himself a $45 million Bombardier aircraft for his birthday, has been shuttling back and forth to London for months, in anticipation of a public offering there later this year. Dangote began his career as a commodities trader; built his Dangote Group into conglomerate with interests in sugar, flour milling, salt processing, cement manufacturing, textiles, real estate, and oil and gas.
Dangote began his career as a commodities trader.
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Tags: Aliko Dangote, Mark Zuckerberg
Aliko Dangote no doubt is a great man. Infact, Aliko, you are a rare gem and an icon to me. As a matter of fact Aliko, we need more courageous and daring business men like you that will exhibit such abilty by walking into any of the banks in Nigeria and collect a loan of over 400billion naira without any form collateral or whatsoever, man Aliko, you are indeed a great man. Of a truth, we need more of your kind in 9ja, infact, if i am to have my way in national assembly, i will move for a motion that man Aliko should be given a special preference to collect loan up to the tune of 1trillion naira, do know why, because the man Aliko knows what to do with it and at the end of it, the man Aliko will as a result of that fund yet create thousand of employment. My friend Aliko is a great man. Please gallantly walk into more banks in 9ja and collect the billions, i trust u that you will know how to turn it around. Rule man
Aliko dangote is my mentor and I’m happy is the Richestman in Africa and the Richest black.He is making we Nigerians proud butlets take a look at Nigerian background,Nigeria is Africa most populated country in Africa wit enough oil and even more gas reserve.our oil nd nd gas is exported 2 different part of d world yet our people live in poverty.we have d Richest man in Africa yet Nigeria is ranked as one of the 30th poorest country in the world estimating about 60Percent of our people living below the poverty level.I want 2 appeal to alhaji aliko dangote 2 pls do something to Eradicate poverty and crime in Nigeria.
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