There’s only one person in all of Africa who makes to the list of the 50 richest people on Earth. Meet Nigerian businessman Aliko Dangote, who has been CEO and president of Dangote Group for 35 years!
The majority of his wealth stems from a more than 90% stake in Dangote Cement. He owns cement plants in Zambia, Senegal, Tanzania, and South Africa.
Dangote is also an active philanthropist. He oversees several education, agriculture, and health initiatives, including a $12,000-per-day food program for the undernourished.
“Aliko is Africa’s richest man, and his business activities drive economic growth across the continent. That’s impressive, but I know him best as a leader constantly in search of ways to bridge the gap between private business and public health,” wrote Bill Gates, the richest person in the world, of his fellow in Time Magazine.
In January, Dangote and Gates announced a $100 million pledge to cut malnutrition in Nigeria. The pair of moguls also plans to enhance immunization programs in the country’s Northern states.
Dangote tied for 49th of the world’s 50 richest people, according to theBusinessinsider’s ranking. He is the only black person to make to the list.
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