Aliko Dangote's net worth in 2021
This article contains the details of everything you need to know about Aliko Dangote's net worth in 2021, his source of income and his business expansion in Nigeria and around Africa.
Aliko Dangote has an estimated net worth of $12.1 billion in 2021; thus, Aliko Dangote has been listed as Africa's richest man in Forbes.
Aliko Dangote has already been listed in "Forbes Billionaires List: Africa's Richest People 2021" as Africa's richest person for the 10th consecutive year with a net worth of $12.1 billion.
According to the Forbes Africa's Richest People report, Aliko Dangote's net worth went up by 2 billion dollars from last year's list due to about 30% increase in Dangote cement shares.
Aliko Dangote's brief biography
Aliko Dangote is a Nigerian billionaire businessman, born 10 April 1957 in Kano State, Northern part of Nigeria. He was born by Mohammed Dangote and Mariya Sanusi Dantata.
Aliko Dangote's mother, Mariya Sanusi Dantata, is the daughter of late Sanusi Dantata, West African richest man before his death.
Aliko Dangote currently lives in Lagos, Nigeria. Dangote is popularly known for his cement business. Dangote's high net worth is not surprising as he owns the largest cement industry in Africa.
Dangote's company was previously located in his home town Kano State before he moved it to Lagos in 1977 to expand his business.
Aliko Dangote is said to have one adopted son
Aliko Dangote married twice during his youth age; the first was Zainab that was chosen for him to marry by his parents at the age of 20, which he divorced after some time together.
Aliko Dangote later married Mariya A D Muhammad Rufai his second wife, the Commissioner for Women Affairs and Human Services, Bauchi state's daughter. He also got separated from Mariya.
Aliko Dangote, who is currently single, has three daughters Fatima Dangote, Halima Dangote and Halima Dangote who are all graduates.
Aliko Dangote's Net Worth
Currently, Aliko Dangote has a net worth of $12.1 billion, making him the number 176 richest men globally at 63. Dangote's major income source that increased his net worth is mainly from his cement industry which is part of Dangote Company Group.
Aliko Dangote owns over 85% of publicly-traded Dangote Cement in Dangote Group of Company. The Dangote Cement produces up to 45.6 million metric tons annually that operate in over 10 African counties.
Aliko Dangote refinery company has increased his net worth over the years
Aliko Dangote other sources of income that have helped increase his net worth are his oil refinery, sugar refinery, salt refinery, and fertilizer company that is still under the Dangote group of company.
Dangote group has expanded its company in other parts of Africa including Benin, Ghana, Zambia, and Togo where it supplies cement, sugar, salt and Dangote flour to increase his net worth.
Dangote sugar industry is the largest in Africa and the third-largest in the world, producing over 800,000 tons of sugar every year, and all these have helped increase his net worth.
Aliko Dangote's cement industry is the highest cement industry in Africa
Aliko Dangote's individual awards
Aliko Dangote with an estimated net worth of $12. 1 billion in 2021 has helped his country Nigeria and other African countries supply them one of their important needs.
Aliko Dangote was among the billionaires that helped in fighting the COVID-19 pandemic through the massive donation he made.
For this and many more, Aliko Dangote has been honoured with many individual awards to add to his huge net worth.
Aliko Dangote's awards include:
- The Grand Commander of the Order of the Niger (GCON) by the former president, Goodluck Jonathan
- The Forbes Africa Person of the Year 2014
- Six consecutive Most Powerful Man in Africa by Forbes.
- One of the 100 Most Influential People in the World by Time Magazine
- One of the 50 Most Influential Individuals in the World by Bloomberg Markets
- The Guardian Man of the Year 2015
- African Business Leader Award 2016
- one of the Top 100 most influential Africans by New African magazine in four consecutive time
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