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Aliko Dangote The Only Black Man In World’s Top 50 Richest

Being the owner and Chief Executive Officer for The famous Dangote Group for 39 good years, Renowned Nigerian mogul Aliko Dangote 58, is believed to be Africa’s richest man and he doesn’t stop at that but also one of the richest in the entire world and he is the 49th place.


Aliko Dangote Africa’s Richest Man and 49th in the world

According to the Business Insider, an American business, celebrity and technology news website, Aliko Dangote was ranked world’s 49th richest man. In the same position, he tied with James Simons, an American business man too. His total wealth according to the website is $ 14.3 billion. This makes him the first ever black man to be on the list of top 50 rich people on the planet.


One of Aliko Dangote’s mansions

Born and raised in Kano state Nigeria, Dangote hails from a very prominent business family and he happens to be the great grand nephew of Al Hajji Alhassan Dantata, the richest African at the time of his death in 1955.


Inside Aliko Dangote’s living room

His Dangote Group was established as a small trading firm in 1977 but later on, The Group moved from being a trading firm to being the largest industrial group in Nigeria and Dangote Sugar, Dangote Cement and Dangote Flour are a few of the products they produce. The group operates in other African countries like Benin, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia.

In January, Dangote and  Bill Gates announced a $100 million pledge to cut malnutrition in Nigeria. The pair of moguls also plans to enhance immunization programs in the country’s Northern states.

bed room

Aliko Dangote’s bed room

Bill Gates once wrote. “Aliko is Africa’s richest man, and his business activities drive economic growth across the continent. That’s impressive, but I know him best as a leader constantly in search of ways to bridge the gap between private business and public health.”

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