Monday, 20 January 2020

How did Dangote start his business & Aliko Dangote Net worth

How did Dangote start his business

At the age of 21, Aliko Dangote borrowed $3,000 from his uncle to import and sell agricultural commodities in Nigeria, his country.
His business venture quickly became a success, and as a result, he managed to repay the entire loan within three months of starting operations.

How did Dangote get rich,Is Dangote the richest man in the world,Who is the richest black man in the
world,aliko dangote net worth 2019,aliko dangote net worth 2018,aliko dangote net worth 2020,aliko dangote biography,aliko Dangote phone number, aliko Dangote house address, aliko Dangote group,

For the seventh in a row, Dangote was the richest man in Africa in 2018, with an estimated net worth of $14.1 billion. The business empire he began to build more than three decades ago, Dangote Group, is one of the largest private-sector employers in Nigeria as well as the most valuable conglomerate in West Africa.

Dangote's business interests encompass many industries, including oil and gas, consumer goods and manufacturing. About 80% of his conglomerate's revenue comes from Dangote Cement. According to Forbes magazine, the subsidiary produces 44 million metric tons of cement every year and plans to increase output by 33% by 2020.

Dangote also owns the world's third- largest sugar refinery, and together all of his publicly traded companies make up a quarter of the market capitalization of the Nigerian Stock Exchange.

Aliko Dangote turned a local commodities trading businesses into a multibillion-dollar corporation.Here's how he did it

See Also: Dangote Phone Number

Dangote Early Life

Aliko Dangote, an ethnic Hausa Muslim from Kano, Kano State, was born on the 10th of April 1957 into a wealthy Muslim family, the son of Mohammed Dangote and Mariya Sanusi Dantata.

He is the great-grandson of Alhaji Alhassan Dantata, the richest West African at the time of his death in 1955. Dangote has said:

"I can remember when I was in primary school, I would go and buy cartons of sweets [candy] and I would start selling them just to make money. I was so interested in business, even at that time."

Dangote was educated at the Sheikh Ali Kumasi Madrasa, followed by Capital High School, Kano.He has a bachelor's degree in business studies and administration from Al- Azhar University , Cairo .

See Also: Top 10 Hausa rapper

Which university did Dangote attend?

Aliko Dangote graduate from Al-Azhar University , Cairo

How old is Dangote?

Aliko Dangote was born (10 April 1957) 62 years

Dangote Net Worth

Dangote's net worth of $14.8 billion could buy 12.0 million troy ounces of gold; 279 million barrels of crude oil; and its equivalent to 1,240 per cent of the total wealth of the 500 richest people in the world

Aliko Dangote Phone Number

Phone Number: +234 1 448 0815 & 16

Email: enquiries.nigeria@dangotecement.com

Follow Us Social Media

WELCOME TO XCLUSIVEGOLD