Fortune: inherited and growing
Source: sugar, flour, cement manufacturing
Net Worth: $3.3 bil
Country Of Citizenship: Nigeria Residence: Lagos , Nigeria, Middle East & Africa
Industry: Diversified
Marital Status:
Education:
Nigeria's first billionaire hit the jackpot when his sugar-production company listed on the Nigerian stock exchange last year. Meanwhile, proposed initial public offerings of his flour and cement companies have stalled. Began career as trader at 21 with loan from his uncle; built his Dangote Group into conglomerate with interests in sugar, flour milling, salt processing, cement manufacturing, textiles, real estate, haulage and oil and gas. Closely linked to Nigeria's former president Olusegun Obasanjo.
Check out the Africans on the list.
2 comments:
This is cool to read about industrious Nigerians. So does this mean he's a trillionaire in naira?
Actually Forbes omitted another Nigerian from their list Mr Kase L. Lawal who was featured in June issue of Black enterprise 2000. See more info below
* Black Enterprise, June 2002.
* Forbes, Fall 1999.
* Jet, June 17, 2002.
Post a Comment