In a remarkable feat, Aliko Dangote has secured a position among the world’s top 10 manufacturing billionaires.
Notably, he stands as the sole representative from Africa within this prestigious league.
This achievement serves as a beacon of inspiration for African entrepreneurs, underscoring the immense potential for world-class manufacturing ventures on the continent.
With a staggering net worth of $10.5 billion, he proudly claims the 9th spot among industrial billionaires in 2023.
Notably, he is the exclusive African billionaire featured on this list, which is predominantly composed of Asian and European counterparts.
At the age of 66, Dangote’s wealth is primarily attributed to his commanding 85.2% stake in Dangote Cement, a titan in cement production within Sub-Saharan Africa.
Dangote attributes his phenomenal success to the profound influence of his maternal grandfather, who imparted a strong business ethos during his formative years.