ALIKO DANGOTE: Racks up $20 billion

Business tycoon Aliko Dangote according to recent update from a source is dubbed Africa’s first ever $20 billion man.
Aliko Dangote’s 93% stake in the cement company is now worth $19.5 billion. Add this to his controlling stakes in other publicly-listed companies like Dangote Sugar and National Salt Company of Nigeria and his significant shareholdings in other blue-chips like Zenith Bank, UBA Group and Dangote Flour; his extensive real estate portfolio, jets, yachts and current cash position, which includes more than $300 million in recently awarded Dangote Cement dividends, Dangote is now worth more than $20 billion. — Courtesy of Forbes. iBlab what do you do?.

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