Aliko Dangote

Net worth over time

Biography

• Aliko Dangote, Africa's richest person, founded and chairs Dangote Cement, the continent's largest cement producer.
• He owns 85% of publicly-traded Dangote Cement through a holding company.
• Dangote Cement has the capacity to produce 48.6 million metric tons annually and has operations in 10 countries across Africa.
• After many years in development, Dangote's fertilizer plant in Nigeria began operations in March 2022.
• Dangote Refinery, which began construction in 2016, began its refining operations in early 2024.
• Dangote's grandfather was a successful trader of rice and oats in Kano, Nigeria's second largest city.
• Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits.

Financial assets