The Chairman of Dangote Cement Plc, according to Davido, is quite modest in his purchases.
By Omotayo Olutekunbi
Aliko Dangote, the chairman of Dangote Cement Plc, has revealed that he buys two automobiles every eight years, according to Afrobeats musician Davido.
This claim was made by the well-known Afrobeats musician in a now-viral interview at the Forbes 30 Under 30 summit that just ended.
He said, “Uncle Aliko is a very different kind of billionaire. Uncle Aliko buys like two cars every eight years. He’s a very disciplined and very different kind of billionaire.”
Davido added that the billionaire businessman frequently counseled him to preserve money during their visits and that he and Dangote were boyhood friends.
In his words, “Every time I see him, he just says one thing, ‘Save your money’. There’s nothing more he tells me, every time save your money. He and my dad have been very close friends.”
The well-known singer spoke briefly on the billionaire’s contributions to society, “And he has done well for us back home. He made us a lot of industries. He just opened the biggest factory in Africa. That’s providing jobs.”
Entrepreneur and businessman Dangote, from Nigeria, rose to prominence as the founder, chairman, and CEO of the Dangote Group, the largest industrial conglomerate in West Africa.
His net worth was estimated by the Bloomberg Billionaires Index to be $20.5 billion as of April 2023, making him the richest person in Africa, the richest black person in the world, and the 83rd richest person in the world overall.
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