Aliko Dangote wealthiest african man

I did not inherit wealth from my parent – Aliko Dangote

Last updated on January 6th, 2022 at 02:05 pm

The Chairman of Dangote Group, Alhaji Aliko Dangote has disclosed that he didn’t inherit his wealth from his family, rather he built his wealth from scratch.

Dangote Wants More Women Appointed to Corporate Boards

Contrary to the insinuations in the public domain that, Aliko Dangote became a billionaire, by leveraging on his family wealth.

Dangote is the topmost producer of Sugar, Salt, Flour and other consumables while his petro refinery is expected to be operational by 2022

He recently commissioned the largest petrochemical company in Ibeju Lekki axis of Lagos State and he is now the 95th richest man in the world.

In 2019, to show a positive increment in his Business, Dangote added about $4b to his wealth. He is currently contemplating on opening offices in the UK and United States, to preserve his wealth.

He noted that his father was also rich but he did not allow the wealthy to get into his head as he worked very hard to build his own wealth.

Dangote’s story to the world billionaire list is interesting, however, encouraged young people not to give up, and continue to strive, that their preparation will meet with the needed opportunity, and that will change their stories for good forever.


  • Opeyemi Quadri

    Ope is a finance writer and researcher with 10+ years of experience in content creation. His interests cut across investment, foreign exchange, government policies and politics. Ope is available on Twitter @OpeQuadri.

Also Read:  Top Nigerian entertainment news stories  for the past week.

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