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Wednesday, May 3, 2017

The richest Black man on earth


Aliko Dangote GCON (born 10 April 1957) is a Nigerian billionaire,[2] who owns the Dangote Group, which has interests in commodities. The company operates in Nigeria and other African countries, including Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia.

As of February 2017, he had an estimated net worth of US$12.5 billion.

Dangote is ranked by Forbes magazine as the 67th richest person in the world and the richest in Africa; he peaked on the list as the 23rd richest person in the world in 2014. He surpassed Saudi-Ethiopian billionaire Mohammed Hussein Al Amoudi in 2013 by over $2.6 billion to become the world's richest person of African descent.
  • Dangote, Africa's richest man, founded and chairs Dangote Cement, the continent's largest cement producer.
  • He owns about 90% of publicly-traded Dangote Cement through a holding company.
  • Dangote Cement produces 44 million metric tons annually and plan to increase its output 33% by 2020. 
  • Dangote also owns stakes in publicly-traded salt, sugar and flour manufacturing companies

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