CEO Today Top 50 – Aliko Dangote
CEO Top 50
Name: Aliko Dangote
Net worth: Approx. $11 billion
Company: Dangote Group
Bio: Aliko Dangote is the CEO and owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries.
Established as a small trading firm in 1977, the Dangote Group eventually expanded to cover food processing, cement manufacturing and freight. Today, Dangote Group is the main supplier to Nigeria’s soft drink breweries and confectioners. Producing 800,000 tonnes of sugar annually, it is the largest refinery in Africa and third largest in the world, as well as the largest industrial conglomerate in West Africa.
In 2009, Dangote was honoured as the leading provider of employment in the Nigerian construction industry due to his efforts in telecommunications and building 14,000 kilometres of fibre optic cables to supply the whole of Nigeria. Forbes named Dangote as the Africa Person of the Year 2014 and a year later, Dangote won the Global Clinton award.