
Aliko Dangote inches closer to $20-billion net worth milestone as Dangote Cement shares surge
The surge in Dangote’s net worth cements his dominance as the wealthiest person on the continent.
The surge in Dangote’s net worth cements his dominance as the wealthiest person on the continent.
Dangote’s dividend exceeds the yearly government expenditures of these five African countries.
The dividend is higher than the annual government expenditures of Rwanda, Burkina Faso, and Malawi.
Dangote recommended a dividend of $0.0434 per share.
Dangote’s net worth now stands at $19.2 billion.
Dangote derives most of his wealth from an 86-percent stake in Dangote Cement.
Aliko Dangote is the founder and chairman of Dangote Group, a leading conglomerate with interests in various sectors.
Dangote, who is the richest man in Africa, was honored for his leadership and contributions to the development of the Nigerian economy.
Dangote derives most of his wealth from his 86-percent stake in Dangote Cement.
Investing in dividend-paying stocks can be a great way to generate passive income.
Dangote Cement is Africa’s largest cement producer.
Its $90-million investment in Ethiopia has helped solidify its position in the country.
Dangote derives most of his wealth from an 86-percent stake in Dangote Cement.
None of Dangote Cement’s directors will take part in the share buyback program.
Dangote has a net worth of $18.3 billion.
Dangote’s net worth has rose by $700 million in the past week.