Name: Aliko Dangote
age: 55
source of wealth: cement, sugar, flour (Self Made)
country of citizenship: Nigeria
net worth: $16.1 billion (2013-March)
source: forbes
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age: 55
source of wealth: cement, sugar, flour (Self Made)
country of citizenship: Nigeria
net worth: $16.1 billion (2013-March)
source: forbes
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Africa’s
richest man, Aliko Dangote predicts that he could be the fifth richest man in
the world if his business plans align well including his plans to list his
$11bn cement business on the London Stock Exchange next year.
In an interview with the
Financial Times, the African billionaire was prodded if he envisioned himself
becoming the world’s richest man. “Why not?” he responded. “Of course it’s
possible. We will talk about this in five years.”
“We want to list in London next year,” he said in an interview
in Lagos. “By then the upside to our business will be much bigger than today.”
Billionaire Aliko Dangote in Office |
In 2011, Dangote Cement had an expected net profit of about $790
and revenues of about $1.5 billion.
Dangote is currently worth about $12bn according to Forbes and
his plan is to quadruple his profits in the next four years and build his
business to become the world’s most profitable cement company.
Mr. Dangote will be teaming up with investment banks, Morgan
Stanley and JPMorgan as co-leads for his London share issue and plans to give
up his current role as Chairman.
“My plan is to have different faces [on the board],” he said.
“The face of the chairman will not be Aliko Dangote, it will be somebody else,
a professional who is well-respected within investment circles.”
With such plans for global domination, the sky appears to only
be the beginning for Dangote Group.
(original source of this article is www.cp-africa.com. this was published on April 1. 2012)
Would you like to read more interview with famous personality: click here (list of interview)
Would you like to read more interview with famous personality: click here (list of interview)
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