When they hear the name Dangote, in Nigeria, what most likely comes to people’s minds is wealth. And this is so because having the richest man on the continent from the country, many have set him as the goalpost for financial security.
Aliko Dangote is now 60, having been born on April 10, 1957. Below are some photos that show the extent of his wealth:
1. Dangote’s house
The multi million dollar mansion situated in Abuja is worth $30Million (N5b) and it spells out luxury. Dangote has called the mansion home for good twelve years, and he just completed a new piece of real estate in the United Kingdom.
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2. Dangote’s private jet
The eight-seater aircraft with latest flight facilities, aviation sources said, is one of the most luxurious in the world. Dangote acquired it seven years ago, when he was 53.
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3. Dangote’s offices
Dangote Group offices are situated at Union Marble House, Ikoyi Lagos, Nigeria. The Dangote Group is a Nigerian multinational industrial conglomerate. It is the largest conglomerate in West Africa and one of the largest on the African continent. It generated revenue in excess of US$3 billion in 2015.
4. Dangote’s refinery
Dangote Group said its 650,000 barrels per day capacity refinery currently under construction in Lagos would come on stream by the end of 2018. The refinery is supposed to cost $12bn by the time it is done and employ thousands of Nigerians.
5. Dangote companies
Today, Dangote Group is a diversified conglomerate, headquartered in Lagos, with interests across a range of sectors in Africa. Current interests include cement, sugar, flour, salt, pasta, beverages and real estate, with new projects in development in the oil and natural gas, telecommunications, fertilizer and steel.
ZENITHBLOG.com recently spoke to Nigerians on the street about the economy and this is what some of them said:
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