Here is all you need to know about Aliko Dangote Biography. You will sew his business history and how he became the richest man in Africa.
I know you want to see how Dangote became Rich?, don’t worry I will tell you all the untold stories. You will dig out vital information you’ve never seen before about Aliko Dangote.
Here, we shall be discussing about his early life, how he started his business. Finally we shall narrow everything down to, how he has managed to remain at the top most position in African most successful businessmen list’s.
This Aliko Dangote Biography you are reading now, explains in details everything you need to know about Alhaji Dangote and also his family.
So, why not keep digging out more information about this billionaire? Let’s show you what on else can show you about this business Lord.
Aliko Dangote Biography – His Age and birthday
FULL NAME: Aliko Dangote
DATE OF BIRTH: 10 April 1957
MARITAL STATUS – MARRIED
Aliko Dangote Biography – His early life
Here you will find out so many things about how Dangote grew up, his family financial background and many more.
Dangote hails from a very prominent business family that lived in Nigeria for many years. He is the great grand son of Alhaji Alhassan Dantata, the richest African at the time of his death in 1955. Aliko Dangote, an ethnic Hausa Muslim from Kano State, was born on 10 April 1957 into a wealthy Muslim family.
Dangote said, “I can remember when I was in primary school, I would go and buy cartons of sweets [sugar boxes] and I would start selling them just to make money. I was so interested in business, even at that time.
Five things Dangote to improve his business career
1. He once worked for someone – This is one of the most intresring part of this aliko Dangote Biography you are currently reading. This business Master, once worked for his uncle, Sani Dangote. He served his master diligently. He acted in accordance to the statement which says if you must lead, you must serve. It was while working for his uncle that he gathered experience, skills and confidence.
2. He took a loan to start his business
Aliko Dangote started his business with the NGN 500,000 loan he took from his uncle/master. He approached his uncle in 1977 and told him about his plan to establish a business outfit and his uncle gave him the loan to start the business. However, he was given a three-month-deadline and he repaid the loan in three months.
3. He kicked off his business by trading in commodities
Sugar, rice, pasta, salt, cotton, millet, cocoa, textile and vegetable oil were the commodities he started his business with. He was importing these commodities into Nigeria.
4. He developed a strong distribution network
Since production is not complete until the goods reach the final consumer, Dangote developed a strong distribution channel that made his goods delivered faster than his competitors’ goods.
5. He leaped from importation to manufacturing
After some years in his importation business, Aliko Dangote transformed into a producer of products he was importing. In one of his statements, he revealed that changing from an importer to a manufacturer has so far been his best move. The move produced Dangote Group, an organization that controls over 13 companies.
Dangote’s wife and children
Despite his busy lifestyle, he is currently in a relationship with a very pretty and skillful woman. His first marriage during his 20s collapeed; this was because of selective marriage done by his parents. He leter got married to Maria AD Muhammad Rufai.
However, his marriage to Maria AD Muhammad Rufai didn’t last so long, he later divorced the woman. His wedding pictures wasn’t published in any national newspaper.
Halima Bello (Dangote)
2. Mariya Dangote
3. Fatima Dangote
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