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Davido Father And Dangote Who Is The Richest? (UPDATED)

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Aliko Dangote, for the ninth time in a row, was named the richest man in Africa in 2021, with an estimated net worth of $10.1 billion and Davido’s father with a net worth of $700 million.

Aliko Dangote and who is the richest?

Dangote Net Worth

Aliko Dangote – $10.1 billion

Aliko Dangote’s business interests encompass many industries, including oil and gas, consumer goods, and manufacturing. About 80% of his conglomerate’s revenue comes from Dangote Cement. According to Forbes magazine, the subsidiary produces 44 million metric tons of cement annually and operates in 10 African countries.

Dangote also owns the world’s third-largest sugar refinery, and together, all of his publicly traded companies make up a quarter of the market capitalization of the Nigerian Stock Exchange. For the ninth time in a row, Dangote was the richest man in Africa in 2020, with an estimated net worth of $10.1 billion. The business empire he began to build more than three decades ago, Dangote Group, is one of the largest private-sector employers in Nigeria as well as the most valuable conglomerate in West Africa.

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He founded and chairs Dangote Cement, the African continent’s largest cement producer. Aliko owns 85% of publicly-traded Dangote Cement through a holding company. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Dangote also owns stakes in publicly-traded salt and sugar manufacturing companies. Dangote Refinery has been under construction since 2016 and is expected to be one of the world’s largest oil refineries once complete.

Davido Father Adedeji Adeleke Net Worth Biography
Davido Father, Adedeji Adeleke

Adedeji Adeleke – $700 million

Adedeji Adeleke is a Nigerian billionaire, business magnate, founder and president of Adeleke University. Dr. Deji is also the CEO of Pacific Holdings Limited. He is known by most people simply as a businessman, who founded and chairs the board of Pacific Holdings Limited, a company with a massive investment outlay across many business interests in the Nigerian economy. The businesses include Pacific Drilling Company, Pacific Farms Limited, Pacific Holdings Limited, Pacific Freightliners, Pacific Gas Company Limited and Pacific Energy Company Limited. Adeleke was the chairman of the defunct Pacific Bank and currently a director at Unity Bank Plc.

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Undoubtedly, Dr. Deji Adeleke is one of the most successful people not just in Nigeria but also in Africa as a whole. He builds churches, buys expensive cars and luxurious jets. Davido`s father owns plenty of classy vehicles. An expensive private jet is also present in Dr. Deji Adeleke` garage.

His son David Adeleke’s total net worth is projected to be about $20 million when his is placed at $700 million. Davido is a very famous America Nigerian Singer, record producer and he is also a songwriter. His late wife, Dr Vero Adeleke (Davido’s mother) died in 2003.

Dangote and Adeleke are both from a rich family as Dangote maternal grandfather was one of the richest men in Northern Nigeria who owned the famous groundnut pyramid, which was the major national economic sustenance. Dangote got the first loan he invested in his business from his wealthy uncle, Alhaji Dantata so the business and wealth have been in the family linage right from outset. On the other hand, Adedeji Adeleke’s father was an engineer by profession and property developer, he was the brain box behind the luxurious estate (banana Island). He was a very influential personality

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Alamu Tosin

The writer is Alamu Tosin. I have three strong passions in life — football, blogging and movies — in that order. I love spending time with friends talking about the important things in life and hate nothing more than ‘authority’ and hypocrisy. My personal believe in life is that once an individual sets his/her mind to achieve something, it is totally possible. And oh!, I am a strong Lannister, because I always pay my debt. For writing or fixing gigs, contact [email protected]

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