Africa’s richest man, Aliko Dangote, has shed light on his personal journey to success, insisting that his business empire was built through his own efforts and not inherited wealth.
In a recent interview, Dangote acknowledged that he was born into a well-off family — with his great-grandfather described as one of West Africa’s richest men in the 1940s, and his father also successful in both business and politics. However, he stressed that his achievements were self-made.
“One thing I’m very proud of is that I did not inherit any money from my father. I built everything from scratch to where I am,” Dangote said. He added that whatever assets he inherited were donated to charity.
Recounting his humble beginnings, the industrialist explained that he first worked briefly with his uncle before moving to Lagos, where he started buying and selling cement. He chose the commodity, he said, because of Nigeria’s huge housing and infrastructure deficits and the country’s reliance on imported cement at the time.
“When we started cement in Nigeria, we realized the majority of it was actually imported. That is why we went into it,” Dangote noted, adding that his move into the sector laid the foundation for his now-massive conglomerate.
Dangote’s story underscores his narrative of determination, strategy, and resilience in building Africa’s largest industrial empire.