Aliko Dangote was born on April 10th, 1957 from Kano State. He lives on Banana Island in Lagos state, Nigeria.
He received his primary education at Sheikh Ali Kumasi Madrasa. Later, he moved on to become a student in Capital High School, Kano. Aliko Dangote obtained his higher education degree in Al-Azhar University, Kairo, where he specialized in business studies and administration.
Dangote's wife and children
Originally, Aliko Dangote came from a pretty wealthy and respected family. His grandfather was Alhaji Alhassan Dantata, who once was the richest African before he passed away in 1955. As his father passed away very early, Aliko’s rich grandpa had to take over and become his guardian. However, the story of Aliko Dangote is still very inspirational, because not every wealthy person can still work hard to achieve personal accomplishments, and have such exceptional business skills.
Aliko Dangote remembered that during his primary school education, he would go out to buy candy cartons and then sold them to his peers to make some money. Even at this young age, he was already very interested in business and curious about how it works.
Aliko Dangote has always been the type of businessman who reinvested most of his profit back in business. This is one of the reasons why he has become such a rich and successful business person and the wealthiest person in Nigeria. In one of his interviews where he spoke about his success, he said that Dangote Group is not like other African companies, and they tend not to keep their money in the bank. They make full investments wherever they can, and they always continue investing.
Aliko Dangote now owns large companies, which are all branches of Dangote Group. They are called Dangote Cement, Dangote Flour and Dangote Sugar Refinery. The group founded by this billionaire nowadays dominates on the sugar market. Aliko Dangote’s refinery is not only the largest in Africa, but also the third largest in the world. Dangote Sugar Refinery produces 800 thousand tones of sugar every year.