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Tuesday, 4 June 2013

Aliko Dangote now among the top 25 Billionaires in The world !

Forbes have reported that:
"Nigerian billionaire and Africa’s richest man Aliko Dangote has become the first African entrepreneur to lay claim to a $20 billion fortune as the stock value of his largest holding, Dangote Cement, leaped just about three-fourths since March when Forbes released its annual ranking of the world’s richest people.
Aliko Dangote’s 93% stake in the cement company is now worth $19.5 billion. Add this to his controlling stakes in other publicly-listed companies like Dangote Sugar and National Salt Company of Nigeria and his significant shareholdings in other blue-chips like Zenith Bank, UBA Group and Dangote Flour; his extensive real estate portfolio, jets, yachts and current cash position, which includes more than $300 million in recently awarded Dangote Cement dividends, Dangote is now worth more than $20 billion."

For a man who comes from a country where it has been reported that majority of the mass live in abject poverty and survive on less than 4 dollars everyday.where minimum wage is 18,000 Naira. where we have epileptic power supply, e.t.c.

We have also produced a billionaire!

What a wonderful country, I love Nigeria!

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