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  • Title
    CEO
  • Affiliation
    Dangote Industries

Dangote is Africa’s richest person—worth $16.4 billion, according to Bloomberg—and the four publicly traded companies under the umbrella of his Dangote Industries now account for about a third of the value of the Nigerian stock exchange. That wealth is based on a big bet on Nigeria’s economic independence: Dangote’s peers give him credit for helping the country become self-sufficient in the sectors in which his companies compete (cement, agriculture, mining, and petroleum).

 

He’s now converting his wealth into impactful philanthropy: Dangote’s foundation, the largest in Africa, has helped establish a top-tier business school at Nigeria’s Bayero University; it’s also teaming up with the Bill & Melinda Gates Foundation to fight chronic malnutrition in Nigeria.

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