From Cement to Oil: List of Aliko Dangote's Chain of Companies as He Celebrates His 66th Birthday
- Aliko Dangote is a successful entrepreneur who has built several companies through hard work and intelligent investment
- As Dangote turns 66, his business ventures in Nigeria and beyond continue to expand
- The business tycoon's success serves as an inspiration to young entrepreneurs looking to make their mark in the business world
April 10, 2022, marks the 66th birthday of Aliko Dangote, one of the most successful businessmen in the world.
He has built an empire spanning several industries, including cement, sugar, flour, oil, and gas.
His story is one of resilience, hard work, and determination, and it has inspired many entrepreneurs worldwide.
Source: UGC
His journey
Dangote was born into a wealthy family in Kano State, Nigeria, in 1957. His father, Mohammed Dangote, was a successful businessman who became one of the richest men in West Africa, trading kola and ground nuts.
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Dangote embarked on his entrepreneurial journey at a tender age and launched his initial venture when he was only 21.
His first business involved trading in commodities such as cement, sugar, and rice.
Dangote success story
Over the years, Dangote expanded his business empire, investing in various industries and diversifying his portfolio to include trading sugar, flour, fish, rice, milk, iron, oil, and gas, among others.
Dangote Group is a conglomerate in 17 African countries and employs over 30,000 people.
As of April 10, 2023, Forbes reports his net worth at $13.5 billion, and he holds the record as the wealthiest man in Africa for 12 consecutive years.
List of Dangote companies
This is not an exhaustive list of all the companies owned by Aliko Dangote, but it provides a good overview of the conglomerate's diverse business interests.
- Dangote Cement Plc - Cement production and distribution
- Dangote Sugar Refinery Plc - Sugar production and distribution
- NASCON Allied Industries Plc - Salt, seasoning, and vegetable oil production and distribution
- Dangote Flour Mills Plc - Flour and pasta production and distribution
- Dangote Oil Refinery Company - Petroleum refining and petrochemicals
- Dangote Fertilizer Limited - Fertilizer production and distribution
- Dangote Agro Sacks Limited - Bags Manufacturing
- Dangote Textiles Limited - Textile manufacturing
- Dangote Transport Company - Maritime shipping and logistics
- Dangote Petroleum and Petrochemicals Marketing Limited - Petroleum products marketing and distribution
- Dangote refinery- Set to commence operation in 2023
More money for Dangote
In another report, Legit.ng revealed that Africa's richest man is set to walk home with over N293 billion as dividends from his cement company, Dangote Cement.
Aliko Dangote's cement company recorded a revenue jump of 16.96% in 2022, to hit a high of over N1.61 trillion.
Dangote's dividend is more than the budget of 25 states for the fiscal year of 2023.
Source: Legit.ng
