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SHOCKING Facts You Didn't Know About Africa's Richest Man, Aliko Dangote - See How He Survived Plane Crash 3 times ?? (PHOTOS)
Jul 31, 2020
The name Aliko Dangote easily rings a bell in the ears of many Nigerians, after all, who wouldn’t know the name of the wealthiest man in Africa. An astute businessman, Aliko Dangote serves as the role model for many Nigerians. Asides being rich there are facts you might not know about this business mogul, so below are never-seen-before facts you may not know about Aliko Dangote.
He started business as a young child
Many Nigerian youths have the get-rich-quick syndrome and want to become rich overnight. Aliko Dangote has however revealed in several interviews that it took him thirty years to amass his billions. As a child while in primary school, he would buy boxes of sweet to resell at a profit to his mates in the primary school. He later started the Dangote group at the age of 21 after studying business at the University of Cairo.
He started his business on a loan
The Dangote group might be a multinational industrial conglomerate and unarguably one of the biggest in Africa today but one of the things most people don’t know is that Aliko Dangote the business with a loan of five hundred thousand naira (N500,000). As a twenty-one-year-old fresh graduate, he didn’t have funds to start up a business so hed took a loan from his Uncle Sanusi Abdulkadir Dantata. It was these funds he used to launch his business into what we know today as Dangote Group which has over twenty-one thousand employees.
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