Africa’s richest man, Aliko Dangote, has been named among the 50 most influential personalities in the world by Bloomberg, a business and financial news media in the US. The list consisted of CEOs, world leaders as well as religious leaders.
According to Bloomberg, those who made the list are businessmen & women who “build companies and assemble fortunes. They run banks, or hope to disrupt them. They shape economies and spread ideas. They manage money and wield the clout that goes with the billions of dollars they invest.” Read what was written about Dangote below:
He’s feted like royalty. He has businesses ranging from cement to sugar to energy in a dozen sub-Saharan countries. He’s a fixture at elite gatherings such as the World Economic Forum in Davos, Switzerland. No
African has ridden the continent’s halting march out of poverty toward potential prosperity as spectacularly as its richest person, the Nigerian industrialist Aliko Dangote.
Dangote’s clout extends beyond the boardroom and the high-flier dinner circuit. In March, as votes were tallied in Nigeria’s presidential election, Dangote, 58, served as an intermediary between the camps of the incumbent, Goodluck Jonathan, and his ultimately victorious rival, Muhammadu Buhari. “There’s no question that he is quite an exceptional person—not only in Africa but globally,” says Mark Mobius, chairman of the emerging-markets group at Franklin Templeton Investments.
Today, Dangote is seeking to export his business empire and his influence beyond his terror-racked and corruption-riddled home country. Nigeria is responsible for about 85 percent of his fortune, which stood at $13.9 billion as of Sept. 9, according to the Bloomberg Billionaires Index. He’s planning new cement factories across Africa and as far afield as Nepal and Brazil.
He’s considering taking Dangote Cement public on the London Stock Exchange and has even floated the idea of buying his beloved Arsenal, a top-ranking soccer club in the English Premier League. “I’m surprised I’m getting even four hours of sleep a day,” Dangote says. “We’re going ahead full steam.” The wealth Dangote has amassed is particularly conspicuous in a country as poor as Nigeria, which the International Monetary Fund ranked 122nd in the world in gross domestic product per capita last year. “You
really see the inequalities,” then-president Jonathan said in May last year at a World Economic Forum conclave in Abuja, the Nigerian capital. Citing Dangote by name, Jonathan said, “Income distribution is skewed toward a few people.”
Dangote says his critics are being churlish. “Instead of studying how Dangote succeeded, they’re busy complaining,” he says. When he says that, he’s speaking above the thrum of his private jet as it makes its way back home to Lagos from Addis Ababa after an hourlong meeting with Ethiopian Prime Minister Hailemariam Desalegn. But compared with the lifestyles of some tycoons, Dangote’s is understated. Divorced from his wife, the mother of his three adult daughters, he lives on Lagos’s Victoria Island. It’s one of Africa’s most expensive neighborhoods, but the home is far from lavish. Adjacent to a Mitsubishi dealership, the house is sparsely decorated, with a modest half-moon-shaped swimming pool set in a small garden.
Dangote grew up in the city of Kano on the edge of the Sahara, raised by his maternal grandfather, a wealthy rice and commodities trader. In his early 20s, he left for Lagos in search of fat profits buying and selling sugar, textiles, and cement in the fast-growing city. Soon, he was earning enough “to buy a Mercedes 200 every day,” he says. These days, he’s fallen on what are for him hard times. His net worth has tumbled by some $10 billion in the past two years because of the crash in the price of crude and unrest in Nigeria. Even so, he remains characteristically upbeat. His setback? “An accident,” he says. “I’m very confident that in the next two years, you won’t even remember it.”.
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IF NOT
October 6, 2015 at 12:34 pm
Listen to that who claim HH is rich…………..lol
pillar
October 6, 2015 at 2:26 pm
and some say HH is rich
pato
October 6, 2015 at 2:35 pm
where is GBM and his friend HH?where can we put them…..
Mwango Super Ken
October 6, 2015 at 2:44 pm
ATI HAKAINDE IS RICH. WHERE? WITH STOLEN WEALTH? SHAME ON YOU POMPOUS MAN.
twende
October 6, 2015 at 3:03 pm
Come make another Zesco.
GMM
October 8, 2015 at 9:46 am
I totally agree with you Twende….let him come and help us with Power…..
chuundu chaitwa(cc)
October 6, 2015 at 4:50 pm
i cant see hakana hukupepa (hh) & his friend GBM The self proclaimed rich men we have in zambia. to my suprise even locally non of them is number one
Peace Seeker
October 6, 2015 at 5:04 pm
leave the man alone. they did’t consider cows and they did he was going to be top ten
unknown but known
October 6, 2015 at 5:44 pm
where is ecl, chanda, phiri, chimbwili? leave hh and gbm alone. just concentrate on how you gona make yourself the richest person in you street..
why everything hh, gbm.. upnd? that shows your disperation ba purf..
iyee nalalelo
October 6, 2015 at 7:49 pm
“Stolen wealth” is synonymous with rich pipo…….so u blaming HH. yo ancestors were poor and yo self u are poor…..if u know the correct way of makin money why arent u listed among top 100 in ZED…….70% of PF members ar Drunkards and barely went upto Tertialy Education…..luckly u are de majorit thus u win!!!….but Zambians are been enlightened u may find even somebody selling tomatoe talking about Dollar.
mwila
October 6, 2015 at 8:08 pm
Ba bloomberg u 4got abt me
Kwati like so
October 6, 2015 at 8:32 pm
Y throw matuvi @ hh,ok he does nt match dangote but better than pillar n super idiot ken.
New Educated Zambia©❤√
October 6, 2015 at 8:35 pm
Kiki the pf cadres are so hurt that they want to compare dangote to hh. One is called hh and other dangote. One wants to serve his nation and help us escape poverty under pf. Please learn difference
Hello Haters
October 6, 2015 at 9:46 pm
Firstly good for Nigeria, secondly we value his business prowess, thirdly wish him all the best in his business endeavors, NEZ boyi let me just add one not so important difference, one is self made, the other one it’s inherited, but both working for the good of mankind. No need to fight over these two let them enjoy their business lives.
Big Nose
October 7, 2015 at 11:02 am
do not compare dangote with GBM or HH compare him with your father
Mofya
October 7, 2015 at 6:49 pm
Compare HH Wth Kambwili Or Chagwa U Foolish Pipo.
lungu jr
October 7, 2015 at 11:12 pm
Why HH? Where are we, you and me? What should be our focus. Is he a superhuman? If not let us use our potential to do even better than Dangote than making comparison with those who are already some steps above us. Stop thinking lazy be bond and excel. Pa Zed jealous aweee mwe!
Osward
October 8, 2015 at 2:24 pm
Awe poverty bulwele.Compare yourself to him and see how yo can come out of it.HH,hh,Ngaiwe naine?What’re we doing ?You talk as if you were on the planet where you were not supposed to work hard & get rich or imwee u are allegic to prosperity?