Aliko Dangote
Photo: Saba Dubai, CC BY 3.0, via Wikimedia Commons23

Aliko Dangote

Nigerian businessman (born 1957)

Aliko Dangote (born 10 April 1957) is a Nigerian billionaire businessman known for his key roles in Dangote Group. In 2011, he was appointed as member of the economic management team by President Goodluck Jonathan.2

From Wikipedia’s article on Aliko Dangote (this version), CC BY-SA 4.0.

Born Apr 10, 1957.1

Net worth $13.5B (as of Feb 2023, per forbesafrique.com).16 Richest people

About

As of August 13, Dangote is the 35th wealthiest individual in the world, the wealthiest black individual and the wealthiest individual in Africa, with a net worth estimated at over US$51.7 billion per Forbes and Bloomberg.

In 1977, Dangote founded the Dangote Group, a small company that traded commodities; importing sugar, salt, and food products. In 1981, he founded Dangote Nigeria Limited and Blue Star Services; both imported rice, and bulk materials like steel and aluminum products. Following the large sales by the company, and high demand for cement, Dangote founded Dangote Cement, which faced competition from Lafarge, a French cement manufacturing company known for importing cement to African countries during that period. As of 2023, Dangote Cement has generated about $3.7 billion in revenue, and Dangote Sugar Refinery has been ranked as one of the largest sugar producers in Nigeria and Africa.

Dangote's political activities and views have made him a public figure in Africa. He is also known for his influence on the Economy of Nigeria and was awarded the Grand Commander of the Order of the Niger in 2011 by Goodluck Jonathan and listed in Time magazine's 100 most influential people in the world in 2014.

From Wikipedia’s article on Aliko Dangote, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedGovernment College, Birnin Kudu3
  • Date not recordedAl-Azhar University3

Education and marriage

Dangote was educated at Sheikh Ali Kumasi Madrasa for his primary school and later finished at Capital High School in Kano. In 1978, he graduated from the Government College, Birnin Kudu, where he had his secondary education.

He left Nigeria for Egypt after his secondary education, and studied at Al-Azhar University in Cairo, Egypt. He graduated with a bachelor's degree in business studies and administration, before returning to Lagos to pursue business ventures.

Dangote has four children; three daughters and an adopted son, Abdulrahman. According to Nigerian website Legit.ng, unlike Dangote, his wives hate publicity, which may be the reason there is little information about them in the media. In 1977, at the age of twenty, he married his first wife, Zainab, who was chosen by his parents in accordance with local customs. The couple had two daughters, Maria and Halima. They later divorced, although the exact date is not known.

At an unspecified date, he entered into a second marriage with Mariya Muhammad Rufai, the daughter of the former Bauchi State Commissioner for Women Affairs and Human Services. This union produced one daughter, Fatima. The marriage ended in divorce in 2017.

From Wikipedia’s article on Aliko Dangote (this version), CC BY-SA 4.0.

Career

Occupation: philanthropist, chief executive officer, entrepreneur, businessperson, business magnate, industrialist.9

Business career

Dangote launched his first business venture with a loan of $3,000 from his uncle. He initially traded in food products and has credited his early entrepreneurial instincts to selling boiled sugar sweets to classmates at the age of eight, retaining the profits for himself.

In the mid-to-late 1970s, during the period known as the Nigerian Cement Armada—when the government authorized the importation of approximately 16 million metric tons of cement for infrastructure and development projects—Dangote obtained an import license and expanded his business to include cement. However, logistical challenges led to numerous cement-laden ships being stranded at the Lagos harbor, while some reportedly sank. Importers were compensated with demurrage fees for the delays.

During this time, Dangote acquired a fleet of trucks and established a cargo transportation business, which he also used to distribute his cement products.

In 1977, Dangote's company produced pasta, salt, sugar, and flour. In 1981, he expanded his company into a conglomerate, which traded textiles, sugar, flour, salt, oil and gas, and real estate. He stayed in Atlanta, Georgia before returning to Nigeria to start his cement business in 1998. His sugar refinery in Lagos became the second largest in the world. Dangote

Group has been considered to be one of the largest conglomerates in Africa. In 2000, after his friend Olusegun Obasanjo won the 1999 Nigerian presidential election, the Nigerian government privatized Benue Cement Company (BCC), a now defunct state-owned company in Gboko, Benue State, allowing Dangote to expand his cement business in Benue. Dangote's Obajana cement plant in Kogi State became the largest cement plant in Sub-Saharan Africa. In 2010, the group acquired part of South Africa's Sephaku Cement.

In July 2012, Dangote's request to the Nigerian Ports Authority to lease abandoned land at Apapa Port Complex was approved. In February 2022, he announced the completion of the Peugeot assembling facility in Nigeria following his partnership with Stellantis, the company manufacturing Peugeot. Dangote became the owner of Dangote Refinery, the largest oil refinery in Africa. It was commissioned in 2023.

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Ventures outside Nigeria

Kenya

In May 2025, Dangote, through his backed Africa Travel Investments acquired one of the oldest tourism firms in Kenya, Pollman’s Tours and Safaris for KES 4 billion

South Africa

His company Dangote Cement entered into a joint venture with JSE-listed Sephaku Holdings to build and manage Sephaku Cement in South Africa. It is among South Africa's largest cement manufacturers. Dangote Cement owns 64% of the project.

Benin

Dangote's business interests extend to Benin Republic, where he has invested in his cement business. His company, Dangote Cement, has established a cement plant in Benin.

Ghana

In Ghana, Dangote established a cement plant in Ghana and has supported import of cement and other commodities.

Ethiopia and Djibouti

In September 2026, Dangote announced the funding of a fuel pipeline and storage capacity between Dewele, Ethiopia and Damerjog Port in Djibouti.

From Wikipedia’s article on Aliko Dangote (this version), CC BY-SA 4.0.

Personal life

  • BornApr 10, 1957, Kano10 11
  • CitizenshipNigeria12

Family

Aliko Mohammad Dangote was born on 10 April 1957, in Kano, Kano State, British Nigeria. His name "Aliko" was given to him by his maternal grandfather, Sanusi Dantata; it means "the victorious one who defends humanity".

Born to a prominent Nigerian family, Dangote is of Hausa descent. Raised a Muslim, he was educated in a Madrasa and completed his primary education in a public school.

His mother, Mariya (née Dantata), from a wealthy family, was a businesswoman and philanthropist. His father Mohammed Dangote was also a businessman; he owned a transport company.

Aliko had three siblings: Sani Dangote, a businessman who died of colorectal cancer; Bello, who died in a 1996 plane crash alongside the son of Sani Abacha; and Garba, who died in 2013 after a stroke.

Dangote's family were influential business people. His maternal great-grandfather, Alhassan Abdullahi Dantata, was the richest person in West Africa until his death in 1955. During his business career, Alhassan imported kola nuts from Ghana, and exported groundnuts abroad. After Dangote's father died in 1965, he donated his inheritance to charity. He regards his maternal grandfather, Sanusi, and his maternal uncle, Usman Amaka Dantata, as influential paternal figures in his upbringing.

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Dangote was a member of President Jonathan's economic management team and job creation committee in 2011. Also in November of the same year, he was awarded the Grand Commander of the Order of the Niger, the second highest honour in Nigeria. He was the first nongovernmental figure to receive the distinction.

In 2012 and 2013, he sued Cletus Ibeto citing that Ibeto Cement receives illegal tax breaks. He is a philanthropist and along with his foundation, Dangote Foundation, has reportedly contributed to the social and education sector of Nigeria; in 2011, he reportedly gave $60 to each displaced person as a result of the violence in 2011 Nigerian presidential election.

Dangote has four children and five grandchildren.

From Wikipedia’s article on Aliko Dangote (this version), CC BY-SA 4.0.

Politics

Dangote's business interests and philanthropic efforts extend to African countries such as Benin, Cameroon, Ghana, Nigeria, South Africa, and Togo.

Nigeria

Dangote was a key supporter of his friend President Olusegun Obasanjo's re-election campaign in 2003. He contributed over N200 million to the campaign. In 2011, he was appointed by President Goodluck Jonathan as a member of his Economic Management Team.

Dangote was named as an adviser to President Muhammadu Buhari's reelection campaign of the 2019 Nigerian presidential election. Femi Otedola was listed also, however, spokesmen for both didn't respond to calls and requests for comments. Dangote donated ₦150 million to help combat the Ebola outbreak in 2014. In 2020, he donated ₦200 million to support the fight against COVID-19 pandemic.

Dangote's conglomerate maintains a dominant position in Nigeria's cement and sugar industries, where competitors often struggle to contend with his extensive resources and perceived government-backed advantages. The establishment of his oil refinery in Lagos has sparked concerns over potential monopolization of the fuel supply, with critics warning of increased prices and diminished market competition. These concerns have been amplified by reports of alleged government concessions, including tax exemptions, granted to the refinery.

From Wikipedia’s article on Aliko Dangote (this version), CC BY-SA 4.0.

Awards

  • 2013Grand Officer of the National Order of Benin13
  • 2011Order of the Nigeria13 14

Net worth over time

2019Feb 2023
  • Feb 2023$13.5B15 16
  • 2019$10.4B per The World's Billionaires15 17

Planes and yachts

A position is the aircraft’s or vessel’s, not the person’s. Being on board isn’t confirmed.

Flight data: adsb.lol (ODbL) & ADSB.fi. Flights, photos and icons: CelebPlanes. Maps: Esri.

In the news

2 recent articles from 1 outlet we read name Aliko Dangote. We match the full name, and check the article also names one of their companies or that they are well known.

  • Dangote extends refinery share sale to EgyptSemafor, center, Oct 16, 2026…$2.1 billion, but has “received subscriptions amounting to more than three or four times” the target, billionaire owner Aliko Dangote said this week.
  • View: African energy’s ‘Big Bang’ momentSemafor, center, Oct 16, 2026…And, in the case of the continent’s richest man Aliko Dangote, the conflict has proven the old adage that luck is what happens when preparation meets opportunity. Dangote’s mega-refinery on the outskirts of Lagos State has revealed the scal…