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Forbes: Aliko Dangote’s wealth stood at 12.4 billion dollars


Forbes magazine has stated that the Nigerian businessman, Aliko Dangote’s, personal wealth now stood at 12.4 billion dollars. This has made the foremost entrepreneur and president of the Dangote Group to be named along other world leaders such as Russian President Vladimir Putin, American President-elect, Donald Trump and German Chancellor, Angela Merkel as the most powerful persons in the world.

Forbes magazine lists Aliko Dangote as the 68th most powerful person in the world. His net worth as of December 27, 2016according to Forbes is $12.4 billion.

Dangote has become Africa’s leading industrialist and entrepreneur. Dangote Group is the biggest quoted and most diversified business conglomerates in Africa. Four of Dangote’s companies are listed on the Nigerian Stock Exchange (NSE).

The companies include: Dangote Cement Plc, Dangote Sugar Refinery Plc, NASCON Allied Industries Plc and Tiger Branded Consumers Goods Plc. Through 38 years of hard work, dogged determination and unwavering passion, Dangote Group which started in 1977 as a small trading firm is today, a large conglomerate which operates in Nigeria and some other African countries like; Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia.