Aliko Dangote among world’s 50 most influential persons
The President, Dangote Group, Aliko Dangote has been named among the 50 world’s most influential personalities. The list published by Bl...
https://everyhournaija.blogspot.com/2015/10/aliko-dangote-among-worlds-50-most.html
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Africa’s most successful businessman built his fortune in sugar, textiles, and cement in his native Nigeria, where today he’s a political as well as a financial power broker. He’s expanding in other countries and may list his cement company in London,” Bloomberg wrote.
“Africa’s Richest Man Looks Abroad
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The President, Dangote Group, Aliko Dangote has been named among the 50 world’s most influential personalities. The list published by Bloomberg, lists Dangote as the 41 most influential in the world.
Africa’s most successful businessman built his fortune in sugar, textiles, and cement in his native Nigeria, where today he’s a political as well as a financial power broker. He’s expanding in other countries and may list his cement company in London,” Bloomberg wrote.
“Africa’s Richest Man Looks Abroad
He’s feted like royalty. He has businesses ranging from cement to sugar to energy in a dozen sub-Saharan countries. He’s a fixture at elite gatherings such as the World Economic Forum in Davos, Switzerland. No African has ridden the continent’s halting march out of poverty toward potential prosperity as spectacularly as its richest person, the Nigerian industrialist Aliko Dangote.
Dangote’s clout extends beyond the boardroom and the high-flier dinner circuit. In March, as votes were tallied in Nigeria’s presidential election, Dangote, 58, served as an intermediary between the camps of the incumbent, Goodluck Jonathan, and his ultimately victorious rival, Muhammadu Buhari. “There’s no question that he is quite an exceptional person—not only in Africa but globally,” says Mark Mobius, chairman of the emerging-markets group at Franklin Templeton Investments.
Today, Dangote is seeking to export his business empire and his influence beyond his terror-racked and corruption-riddled home country. Nigeria is responsible for about 85 percent of his fortune, which stood at $13.9 billion as of Sept. 9, according to the Bloomberg Billionaires Index. He’s planning new cement factories across Africa and as far afield as Nepal and Brazil. He’s considering taking Dangote Cement public on the London Stock Exchange and has even floated the idea of buying his beloved Arsenal, a top-ranking soccer club in the English Premier League. “I’m surprised I’m getting even four hours of sleep a day,” Dangote says. “We’re going ahead full steam.”
