Nigerian Aliko Dangote’s wealth surged 557% last year, making him the world’s largest gainer, percentage wise, and Africa’s richest man.

His investment vehicle Dangote Cement now listed with already public Benue Cement; accounts for %25 of the total market cap of the Nigeria Stock Exchange.

Aliko Dangote is Africa’s biggest cement maker, with new cement plants being built in Zambia, Tanzania, Congo and Ethiopa and cement terminals under construction in Sierra Leone, Ivory Coast and Liberia, to name a few.

For his birthday, the African Billionaire bought himself a $45 million Bombardier aircraft to shuttle back and forth to London, while preparing for a U.K public offering.

Starting off as a commodities trader; Aliko Dangote built his Dangote Group into a multi-national conglomerate with holdings in sugar, flour milling, salt processing, cement manufacturing, textiles, real estate, and oil and gas.

Nayland House

[Source]

ShareThis

Related posts:

  1. 8 African Billionaires
  2. Hong Kong’s Richest 40
  3. Top 20 Richest Moguls Of All Time
  4. L.A. Billionaire Udvar-Hazy’s Aircraft Leasing Co. Preps For IPO
  5. Is World’s Richest Man Carlos Slim Getting Into Silver?