Aliko Dangote Net Worth 2018 According to Forbes

Aliko Dangote Net Worth 2018 According to Forbes

Aliko Dangote Net Worth Currently Is 14 Billion USD, Africa`s Richest Man 2018

 

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Aliko Dangote Net Worth

Dangote, as he is mostly called, goes with the full name Alhaji Aliko Dangote.
He was born on 10 April 1957, his occupation is a businessman (an entrepreneur).
Aliko Dangote is married and his state of origin is Kano state, Nigeria.

 

Aliko Dangote net worth 2017 is $13 billion.
so far Aliko Dangote net worth 2018 is $14 billion.

According to Forbes ranking, Aliko Dangote is the richest man who tops the billionaires’ list in Africa. he is also ranked as the 51st richest person in the world. Aliko Dangote net worth is really that high.

With an estimated current net worth of around US$ 13.8 billion, he was ranked by Forbes as the richest Nigerian citizen. He is also simultaneously the richest person of African descent in the world, surpassing Mohammed Al Amoudi ($12.3 billion) and Oprah Winfrey ($2.7 billion.)

 

See Also: How to Write a Business Plan

Aliko Dangote started with some capital, his grandfather, the late Alhaji Sanusi Dantata provided him with a small capital to start his own business, as was the practice then. He thus started the business in Kano in 1977 trading in commodities and building materials. Alhaji Aliko Dangote moved to Lagos in June 1977 and continued trading in cement and commodities.

Encouraged by tremendous success and increase in business activities, he incorporated two companies in 1981. These and others that followed now make up the conglomerate known as Dangote Group.

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Aliko Dangote Group which started in 1977 which is now a multi-trillion conglomerate operates mostly in African countries like Nigeria, Benin, Togo, Cameroon, South Africa, Ghana, Zambia, and Tanzania. Dangote Group of companies is seen as the largest industrial conglomerate in West Africa empolying a workforce of over 13,000 people.

 

Aliko Dangote Group company currently owns salt factories, flour mills and in Nigeria, is the major importer of pasta, fish, rice, fertilizer and cement. Dangote is also into real estate, oil and gas, banking and transport.

 

Aliko Dangote entered into the world’s richest list in 2014 as the 23rd richest person in the world. One popular information we gathered about Aliko dangote is that he had interest in business since he was in primary school. Aliko Dangote Group of companies started in 1977, is the main supplier and distributor of groundnut.

 

In 2015, Dangote Cement launched some new plants in Cameroon, Zambia, Ethiopia, and Tanzania which later became Africa’s largest supplier and distributor of cement.

 

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Aliko Dangote also diversified into the aspect of oil and telecommunication. in telecommunication, Aliko Dangote has begun the project of building the fiber optic cables of 14,000 kilometers to service the whole of Nigeria.
we also gathered from a source that he is planning an automobile company in Nigeria for this let’s keep out fingers crossed.

 

Aliko Dangote was able to acheive all that he has acheive because of consistency and planing. have you ever set a goal and take time to sketch it out and find yourself not taking a step in your plan.

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if you have a good vision on the kind of future you will like to have, put is on writting or sketch it out where you will see it daily.

 

To be successful like Aliko Dangote you will have to be able to identify those things that un-successfull people do and also take note of What most Billionaires have in common, these two factors are the key.

 

Just like Aliko Dangote, there is always a reason why people become entrepreneurs, at an earlier age Aliko Dangote had his reason and he followed is mind.

 

See Also: How to Raise Funds/Money For Business in Nigeria. Free Guide

while he started as a small distributor of groundnut he knows the Top reason why Small business fail that is why he was able to stand out. knowledge is power.

if you are planning on starting entrepreneurship you need to know the 12 Entrepreneur signs and tips on how to be a better entrepreneur.

Read this: Make One Million Naira N1, 000, 000 By 25years of Age

Aliko Dangote net worth is $14 Billion USD this 2018.

Updated: June 29, 2018 — 11:44 am

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