12 things about Dangote’s Wealth

Aliko Dangote
Source:  By World Economic Forum [CC-BY-SA-2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

•           He was the first documented billionaire in dollar terms from Nigeria.
• ·         He currently worth about one fifth of the current World richest Man-Carlos Slim Helu
• ·         He is current the African Richest Man
• ·         He is 43^rd position in current Forbes World Richest list after Lakshmi Mittal and    ahead of Len  Blavatnik
• ·         He moved 34 positions up to present position between 2012 and now.
• ·         He is currently worth $16.1 billion according to Forbes
• ·         He started real business at age of 21
• ·         He started business with about $300,000
• ·         He has grown 53,666% from the initial business loan
• ·      His current asset in cash equivalent can finance the current Nigeria Government  budget for the next 10 months and Niger Delta oil would rest.
• ·         If he is to distribute his wealth today he will give every Nigeria about $100 each
• ·      He is worth about 6% of Nigeria GDP( value of all final goods and services produced in 2012), mind you Nigeria is the 37th largest economy in  the World in term of GDP(IMF).