CEO Today Top 50 – Aliko Dangote

Aliko Dangote - CEO Today Top 50
Photo - Matthew Jordaan

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.

CEO Fact: In 2014, Dangote donated 150 million Naira ($750,000) to aid in halting the spread of Ebola.

Dangote showed interest in purchasing Arsenal in 2015, the English football team, stating that if he was able to do so, he would fire the club’s manager, Arsene Wenger.

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