The Richest Black Man in the World: Aliko Dangote

Wealth Rank: 158th Richest Person in the WorldBorn: 1957Location: Lagos, Nigeria

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Role: Founder, CEO & Chairman

A Family Legacy in Business

Dangote was born into a family of successful business men. His great-grandfather was Alhassan Dantata, who was the richest person in West Africa until his death in 1955. With the help of a $500,000 loan from his uncle, he started Dangote Group, a commodities trading company.

Dangote Group

Dangote Group may have started as a commodities trader for goods like flour, cement, and sugar, but it quickly expanded into multiple industries including transportation, real estate, cement and fertilizer.

Dangote Cement is the largest cement producer in Africa and produces 48.6 metric tons of it annually with operations in 10 nations across the continent.

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Dangote Group is a driving force throughout West Africa and isn't limited to just Nigeria. The various subsidiaries have operations in Senegal, Togo, Ghana, Zambia, and Benin to name a few countries.

Aliko Dangote doesn't focus solely on profit. He has donated millions to various causes in Nigeria. This includes stemming the spread of Ebola, curbing COVID-19 infections, and providing aid to communities impacted by Boko Haram.

There's no single pathway to the top and Aliko Dangote's path is as unique as many others. His story represents the importance of building Black wealth and giving back to the community.

The Richest Black Man in the World: Aliko Dangote

Wealth Rank: 158th Richest Person in the WorldBorn: 1957Location: Lagos, Nigeria

Wealth Rank: 158th Richest Person in the WorldBorn: 1957Location: Lagos, Nigeria

Role: Founder, CEO & Chairman

Role: Founder, CEO & Chairman

of Dangote Group

of Dangote Group

A Family Legacy in Business

Dangote Group

Dangote Cement is the largest cement producer in Africa and produces 48.6 metric tons of it annually with operations in 10 nations across the continent.

Dangote Group is a driving force throughout West Africa and isn't limited to just Nigeria. The various subsidiaries have operations in Senegal, Togo, Ghana, Zambia, and Benin to name a few countries.

Not Just Nigeria

Aliko Dangote doesn't focus solely on profit. He has donated millions to various causes in Nigeria. This includes stemming the spread of Ebola, curbing COVID-19 infections, and providing aid to communities impacted by Boko Haram.

Aliko Dangote: the Philanthropist

There's no single pathway to the top and Aliko Dangote's path is as unique as many others. His story represents the importance of building Black wealth and giving back to the community.

Aliko Dangote: Diversity in Black Wealth