As of September 2021, who is the wealthiest man of Africa?
Aliko Dangote (born 10 April 1957) is a Nigerian business magnate. He is the chairman and CEO of Dangote Group, an industrial conglomerate and the wealthiest person in Africa, with an estimated net worth of US$12.7 billion as of September 2021.
The Dangote Group was established as a small trading firm in 1977, the same year Dangote relocated to Lagos to expand the company. Today, it is a multi trillion-naira conglomerate with many of its operations in Benin, Ghana, Nigeria, Zambia and Togo.
Dangote has expanded to cover food processing, cement manufacturing, and freight. The Dangote Group also dominates the sugar market in Nigeria and is a major supplier to the country's soft drink companies, breweries, and confectioners.