I built my wealth from the scratch. I didn’t inherit any money from my Father— Billionaire Dangote reveals.
Africa’s richest man, Aliko Dangote, has revealed that despite being born into wealth, he built his fortune independently. In a recent video, the billionaire explained that he began his career working with his uncle before moving to Lagos to start his own cement trading business.
He stressed that he donated whatever assets he inherited to charity. Dangote said: “I came from a wealthy family. My late great-grandfather in the 1940s was actually the richest, you know, West African. My late grandfather was one of the wealthiest Nigerians, you know”.
“The family name is Dantata. That’s from my maternal side. My father too, you know, was fairly rich, you know, but he was both, you know, in business and also in politics. “But you know, David, one thing that I’m very, very proud of is that I did not inherit any money from my father. I built everything from scratch to where I am.
Well, he lived in the world, but you know, I mean, whatever that I inherited from him, which means in assets, I gave that on to charity since then.”
On how he started, he added: “I started work with my, you know, uncle, but this few months and then I went to Lagos and now I started my own business by just, you know, buying cement, selling. You know, it was just a very low-key business.
The issue is that when you look at cement, cement is what builds infrastructure and we need a lot of infrastructural deficits. “In Nigeria alone, we have about 17,000 deficit of housing and it is all over in, you know, Africa.
So when we started cement in Nigeria, we realized that majority of it was actually imported and that is why we went in there, we started and it’s a long story.” Dangote said his vision and persistence turned that humble start into the global business empire he leads today.
Africa’s richest man, Aliko Dangote, has revealed that despite being born into wealth, he built his fortune independently. In a recent video, the billionaire explained that he began his career working with his uncle before moving to Lagos to start his own cement trading business.
He stressed that he donated whatever assets he inherited to charity. Dangote said: “I came from a wealthy family. My late great-grandfather in the 1940s was actually the richest, you know, West African. My late grandfather was one of the wealthiest Nigerians, you know”.
“The family name is Dantata. That’s from my maternal side. My father too, you know, was fairly rich, you know, but he was both, you know, in business and also in politics. “But you know, David, one thing that I’m very, very proud of is that I did not inherit any money from my father. I built everything from scratch to where I am.
Well, he lived in the world, but you know, I mean, whatever that I inherited from him, which means in assets, I gave that on to charity since then.”
On how he started, he added: “I started work with my, you know, uncle, but this few months and then I went to Lagos and now I started my own business by just, you know, buying cement, selling. You know, it was just a very low-key business.
The issue is that when you look at cement, cement is what builds infrastructure and we need a lot of infrastructural deficits. “In Nigeria alone, we have about 17,000 deficit of housing and it is all over in, you know, Africa.
So when we started cement in Nigeria, we realized that majority of it was actually imported and that is why we went in there, we started and it’s a long story.” Dangote said his vision and persistence turned that humble start into the global business empire he leads today.
I built my wealth from the scratch. I didn’t inherit any money from my Father— Billionaire Dangote reveals.
Africa’s richest man, Aliko Dangote, has revealed that despite being born into wealth, he built his fortune independently. In a recent video, the billionaire explained that he began his career working with his uncle before moving to Lagos to start his own cement trading business.
He stressed that he donated whatever assets he inherited to charity. Dangote said: “I came from a wealthy family. My late great-grandfather in the 1940s was actually the richest, you know, West African. My late grandfather was one of the wealthiest Nigerians, you know”.
“The family name is Dantata. That’s from my maternal side. My father too, you know, was fairly rich, you know, but he was both, you know, in business and also in politics. “But you know, David, one thing that I’m very, very proud of is that I did not inherit any money from my father. I built everything from scratch to where I am.
Well, he lived in the world, but you know, I mean, whatever that I inherited from him, which means in assets, I gave that on to charity since then.”
On how he started, he added: “I started work with my, you know, uncle, but this few months and then I went to Lagos and now I started my own business by just, you know, buying cement, selling. You know, it was just a very low-key business.
The issue is that when you look at cement, cement is what builds infrastructure and we need a lot of infrastructural deficits. “In Nigeria alone, we have about 17,000 deficit of housing and it is all over in, you know, Africa.
So when we started cement in Nigeria, we realized that majority of it was actually imported and that is why we went in there, we started and it’s a long story.” Dangote said his vision and persistence turned that humble start into the global business empire he leads today.
0 Commentarii
·0 Distribuiri
·408 Views
