Aliko Dangote has slowly become a household name in Nigeria; you just can’t talk about successful entrepreneurs in Nigeria without mentioning his name. He is indeed an inspiration to every aspiring and existing entrepreneur out there; a man who started from the scratch, a self-made billionaire.
Aliko Dangote was born on the 10th of April,1957into a wealthy Muslim family in Kano sate. He had always had the knack for entrepreneurship. As a primary school pupil, he would buy stuffs like sweets andbiscuits and sell to his classmates for a profit.
Upon graduation from the Al-Azhar University, Cairo, Egypt where he bagged a degree in business, his very wealthy uncle who was a successful business man at the time, decided to loan him a sum of N500, 000 to start a business. He was only 21 years old then. And unlike most 21-year olds now who would rather spend the money buying designer cloths and impressing their peers,AlikoDangote decided to invest the money wisely.
He started with petty trading, selling several commodities and food items and gradually expanded into other areas like Cement production, Sugar refining, Flour production, soft drinking and confectioneries manufacturing.
AlikoDangote is married with about four known kids and is currently worth over USD$24 Billion.