Skip to main content

Forbes Rates Dangote among top 75 most powerful People in the world


INDUSTRIALIST Aliko Dangote has been ranked among 75 most powerful persons on the planet.
He is ahead of United States (U.S.) Vice President Mike Pence.

Dangote, according to the Forbe’s latest 2018 ranking of the World Powerful people,  is ranked among world leaders like Chinese President Xi Jinping, Russian President Vladimir Putin and U.S. President Donald Trump – all of whom were ranked first, second and third.

Dangote, who is chairman of Dangote Group, was ranked 66th most powerful person in the world ahead of Pence (ranked 67) and Qamar Javed Bajwa, the highly influential Chief of Army Staff of Pakistan, ranked 68.

The Africa’s richest man is the only Nigerian on the list and one of the only two Africans, who made the list with the other being the Egyptian President, Abdel Fattah el-Sisi, who was ranked 45th most powerful.

Dangote  produces 44 million metric tonness of cement annually across the African continent and still plans to expand and increase its output by 33 per cent by 2020.

According to the Forbe’s rich list, Dangote as at March 2018 had an estimated net worth of $14.1 billion and ranked among the 100 richest in the world.

He is the richest in Africa, a position he has held for almost a decade.
He reached the peak in 2014, when he came 23rd richest in the world and in 2013 surpassed the Saudi-Ethiopian billionaire Mohammed Hussein Al Amoudi by over $2.6 billion to become the world richest person of African descent.

The Dangote Group President has often made such lists due to his business concerns and humanitarian efforts in Nigeria and other parts of the world, especially his efforts through the Aliko Dangote Foundation to rid Nigeria and Africa of polio, malaria and mal-nutrition.

His efforts in this regard was recognised by the United Nations, which appointed him, Malaria Ambassador.
Dangote stepped up his humanitarian activities recently spending billions of Naira to build hospitals and critical hospital equipment, the lack of which has forced Nigerians of means to seek medical attention abroad.

He also donated a N1.2 billion Business School complex to Bayero University in Kano and is presently constructing a similar one for the University of Ibadan Business School.

The business mogul has continued through the foundation by disbursing N10 billion to vulnerable women across the 774 local governments in the country.

Dangote made a donation of $2 million to the World Food Programme as part of efforts to help Pakistani nationals devastated by floods in the year 2010.

Aliko Dangote was made the chairperson of the Presidential Committee on Flood Relief, which raised in excess of N11.35 billion.
Dangote himself contributed N2.5 billion, an amount higher than the entire contribution from the 36 state governors..

Comments

Popular posts from this blog

MTN Launches 5G technology: First in Africa

MTN says it has achieved download speeds of more than 20 gigabits per second in its first trial of fifth-generation (5G) technology. “This is the highest achieved on a mobile network in Africa‚” the service provider said in a statement on Monday. It said it was ready to deploy the technology commercially but could not do so until it had access to additional frequency spectrum.  The Independent Communications Authority of South Africa‚ which regulates spectrum‚ has not yet allocated spectrum for 4G infrastructure‚ TechCentral reported‚ forcing operators to reallocate 2G and 3G spectrum. Said MTN South Africa chief technology and innovation officer Giovanni Chiarelli: “There is no doubt that 5G will offer the consumer higher speeds and lower latency‚ but to achieve this we need the capacity that comes with additional spectrum.  MTN has a 4G license in Nigeria and could look forward deploying the technology in the country in the near future.  MTN has collaborated with...

SEE WHY THE WORLD DISRESPECTS AFRICA.

A former American Ambassador to Nigeria has spoken out about why the rest of the world still disrespects the African continent Amb. Walter Carrington (OFR), a former American Ambassador to Nigeria, has said that the failure of Africa to fully realise its potential has earned it scorn rather than respect in the comity of nations. The outspoken diplomat noted that the failure of the continent’s leaders to guarantee socio-political development was robbing it of an enviable place on the global scale. Carrington dissected Africa’s dilemmas in Lagos on Monday when he delivered a lecture titled Nigeria and Africa in a Changing World. The event, which also witnessed the presentation of Defend the Defenseless, the memoir of the ambassador’s wife, Dr. Arese Carrington, attracted many dignitaries from all walks of life. While the former Chairman of Punch Nigeria Limited, Chief Ajibola Ogunshola, was the chairman on the occasion, the Oba of Lagos, HRM Rilwan Akiolu, ...

Mark Zuckerberg to Become World 3rd Richest Man

Facebook Inc. co-founder Mark Zuckerberg is poised to leapfrog Warren Buffett to become the world’s third-richest person. Zuckerberg, more than a half-century younger than the Berkshire Hathaway Inc. chairman, is now worth US$81.3 billion, gaining US$8.5 billion this year as Facebook shook off a data-privacy crisis that caused its stock to tumble 18 per cent. Its rebound from a closing low of US$152.22 on March 27 to a record US$201.45 at 9:45 a.m. Wednesday in New York narrowed the gap with Buffett to US$725 million, according to the Bloomberg Billionaires Index. The recovery in Facebook shares has rewarded other insiders as well, including Chief Operating Officer Sheryl Sandberg, who’s now worth US$1.8 billion, and Chief Technology Officer Michael Schroepfer, whose 0.05 per cent holding is valued at US$224 million. Zuckerberg, 34,  also trails Amazon.com Inc. founder Jeff Bezos, the world’s richest person with a US$143.6 billion fortune through Tuesday, and M...

Mohamed Sallah Makes Real Madrid Decision

Mohamed Salah has no interest in joining Real Madrid this summer, reports in Spain claim. Salah had a sensational season under Jurgen Klopp this year, with the Egypt international netting 44 goals in all competitions. The former Chelsea ace has been tipped to leave Anfield this summer, despite only joining the Reds last year. Real Madrid and Barcelona are chasing the 25-year-old, who won the Premier League Golden Boot this season. However, according to Spanish outlet Diario Gol, Salah will not join Real this summer. They say the Egypt star has no intention of heading to the Bernabeu. Diario Gol add that Salah has not forgiven Real captain Sergio Ramos for injuring him in the Champions League final last month - and the winger wants revenge.

14 Things you will Regret in Old age, stop them now

When younger we make various choices without the future in mind. Sometimes those choices bite us in our mid-life. These are some of the things one might regret when they’re older. 1.THE WRONG PERSON YOU MARRIED TODAY. When you’re young, check your motives for marrying. Don’t marry to copy your peers, or for social standing or out of pressure. Marry for love and companionship, marry the right person, marry your best friend. For if you marry the wrong person or for the wrong reasons, you will have to put up with that person the rest of your life. Things might get worse between you two; then depression, physical abuse, affairs, pain, shame, court cases, bitterness will define your mid-life years all because you chose the wrong one. Things will get worse when children are involved. Make the right choice of a spouse when you are young. 2. THE OPPORTUNITIES TODAY YOU DID NOT SEIZE. When you are younger many doors will open, you will get many chances. Many young people let these oppor...

MANY DEAD IN NEW ADAMAWA BOMB BLAST

Many people are feared to have died after a bomb blast in Mubi, Adamawa state, after teenage boy detonated his explosives after morning prayers at a mosque. About 30 people are believed to have died in the resulting blast. According to the Adamawa State Police Command,  the suicide attack occurred around 5:20am at Kunu Araha, a suburb in Mubi North. “We were made to understand that there was a bomb blast at a mosque in Mubi and over 30 lives were lost. A boy about 17-year-old wearing a suicide vest entered the mosque along with other worshippers. Immediately after the prayers, he detonated the bomb.  Many of the wounded are receiving treatment at various hospitals in Mubi North where the attacks occurred around Kunu Araha area” Othman Abubakar, the police spokesman said. However, emergency aid workers and other first responders put the death toll in the attack at 40. An official working with the International Rescue Committee, Emma Adasolid, among the first re...

Harry Kane breaks league goal Records, overtakes messi

Harry Kane set a new record for the most Premier League goals in a calendar year as the Tottenham forward scored for the 37th time in 2017. Kane’s 22nd minute header against Southampton at Wembley on Tuesday took him past Alan Shearer’s previous record, which was set when he played for Blackburn in 1995. The 24-year-old admitted he was keen to break Shearer’s record after he moved level with the former England star with a hat-trick in Tottenham’s win at Burnley on Saturday. Kane now has 22 goals for Tottenham in all competitions this season.