A good number of billionaires have taken to humanitarian causes of their own volition, with most carrying out these gestures using non-governmental organizations set up in their names, their business organizations or anonymously.
Legit.ng spotlights 5 of Nigerian wealthy entrepreneurs and wealthy individuals putting smile of people's faces by a number of causes they have put their money into.
1. Aliko Dangote
Billionaire businessman Aliko Dangote is first on the list of most generous wealthy Nigerian.
Africa richest man, whose net worth stood at $11.6 billlion according to Forbes, has a number of causes his money go into for the betterment of human lives.
Dangote through his Aliko Dangote Foundation (ADF) which was incorporated in 1994 has been responsible for supporting numerous causes in Nigeria with over $100 million charitable funds, Persecondnews reports.
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The ADF which recently launched a humanitarian initiative in Zamfara by providing food items running into millions for victims of insurgency had disbursed N3.924 billion to 390492 women and youths across Nigerian some states as part of its micro grant scheme.
These are some of the numerous philanthropic activities of the mogul.
2. Tony Elumelu
Chairman of United Bank for Africa (UBA) Tony Elumelu is a big time philanthropist.
Through his Tony Elumelu Foundation (TEF) which was formed in 2010, he has been able numerous young entrepreneurs in Africa.
TEF leads the pack as far as entrepreneurship in Africa is concerned. The foundation's $100 million commitment fund has helped identify, train, mentor and fund 10,000 African entrepreneurs so far.
His philanthropic deeds are however not exhausted in this article.
3. T.Y. Danjuma
Retired General, ex-defense minister and Chairman of South Atlantic Petroleum T.Y Danjuma is one living generous Nigerian on a large scale.
The business man through his TY Danjuma Foundation provides basic amenities, free medical care and education for children and young adults.
His foundation also synergizes with other like-minded humanitarian groups to deliver kind deeds to persons living in rural areas.
4. Folorunso Alakija
Folorunso Alakija is a Nigerian billionaire and business woman with a heart of gold.
Her Rose of Sharon Foundation which is centered on providing help to widows and orphans had made a total of 630 available residential accommodation for widows as well as provided them with healthcare and legal consultations at no cost to them.
5. Toyin Saraki
Through her organization named Wellbeing Foundation Africa (WBFA), Toyin Saraki - wife of former Senate President of Nigeria Bukola Saraki - helps African families build sustainable changes by empowering women in communities.
Meanwhile, Legit.ng earlier reported that about billionaires who humble themselves in their conduct with workers as well as gift donations.
Leading the pack is world richest man Jeff Bezos. Famed for his witty quotes and sayings that have served as doses of motivation to many, Jeff Bezos, according to Market Insider, was recently captured in his last annual letter offering life advice to his workers.
He had also vowed in the same circumstance to help his workers. This has no doubt boosted their resolve and motivated them.