Nigeria Insider today has more update for you about the richest men in Nigeria — since Nigeria is one of the African countries that is blessed with most wealthy men contributing to the growth of the country.
Today, many Nigerian are confused as whether these two notable men — Alhaji Aliko Dangote and Dr. Adedeji Adeleke (Davido’s Father), who is the richest amongst the other.
Though these two notable richest men in Nigeria has many things in common to mention, but there is a probability that one might be richer than the other in 2021.
In the list of no order, let us take a look at the profiles of Davido’s father – Dr. Adedeji Adeleke and Alhaji Aliko Dangote with their biographies and net worth.
Alhaji Aliko Dangote Biography, Net worth And Family
Under these, we shall give you all the necessary details you ought to know about Alhaji Aliko Dangote’s biography, family, businesses and his net worth according to Forbes.
Alhaji Aliko Dangote biography
Dr. Aliko Dangote was born in 1957 of which he grew up in an entrepreneurial household in Kano State, Nigeria. Dangote was raised Muslim and lived an upper-class life. Dangote’s grandfather, Sanusi Dantata, was once named one of the wealthiest people living in Kano. He made his fortune selling commodities like oats and rice. Dantata became Dangote’s guardian in 1965 after the death of his father.
As part of the early life and education of the richest african — Alhaji Aliko Dangote, he graduated from Egypt’s Al-Azhar University at the age of 21, considered one of Islam’s most prestigious universities. It was there the budding entrepreneur furthered his education in business.
How Alhaji Aliko Dangote became the richest person in Africa
Taking a look into records and history, this is almost the tenth time in a row that Alhaji Aliko Dangote has been named as the richest man in Africa in 2021, with an estimated net worth of $11.8 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.
Alhaji Aliko Dangote at his age of 21, he borrowed $3,000 from his uncle to start to import and sell agricultural commodities in Nigeria. Alhaji Aliko Dangote had his business venture on a lucky side as the business quickly became a success and he managed to repay the entire loan within three months of starting operations. Ultimately, Dangote was able to turn a local commodities trading business into a multibillion-dollar corporation.
Alhaji Aliko Dangote’s business interests encompass many industries, including oil and gas, consumer goods, and manufacturing. Taking a look at Dangote Cement makes up the majority of the conglomerate’s revenue, of which Dangote owns 85%. The subsidiary company produces over 45.6 million metric tons of cement every year and operates in almost 10 African countries.
Alhaji Aliko Dangote net worth
Aliko Dangote has been the richest man in Africa for ten years in a row, with a net worth of almost $12 billion. Alhaji Aliko Dangote is the founder of The Dangote Group established as a small trading firm in 1977.
Alhaji Aliko Dangote Family
Alhaji Aliko Dangote got married to Mariya A D Muhammad Rufai and He has three (3) children of which all his children are ladies. Mariya The names of Alhaji Aliko Dangote’s daughters are: Dangote, Fatima Dangote and Halima Dangote.
Dr. Adedeji Adeleke Biography, Net worth And Family
This is where we would love to give you all the necessary details you need to know about Dr. Adedeji Adeleke’s biography, family, children, businesses and his net worth according to Forbes.
Dr. Adedeji Adeleke Biography
Adedeji Adeleke (born 6 March 1957) is a Nigerian billionaire, business magnate, founder and president of Adeleke University. He is also the CEO of Pacific Holdings Limited. He is the father of Adewale Adeleke (Former H.K.N Chairman), Davido, a Nigerian musician and Sharon Adeleke. Dr. Adedeji Adeleke was married to Dr Vero Adeleke who died on 6 March 2003.
How Dr. Adedeji Adeleke became the richest person in Africa
Under the journey of How Dr. Adedeji Adeleke became the richest person in Africa, we can see from his would-be businessman starting in 1976 when he left the shores of Nigeria all in the name to further his education higher. Dr. Adedeji Adeleke had his degree in finance at the University of Western Kentucky, Kentucky – USA in the year 1979. After that, he enrolled for a Masters degree and graduated in 1981 with MBA.
He later got a Ph.D. in International Business from the Pacific Columbiana University, California and got another Ph.D. degree in Business Administration from the University of Phoenix in Arizona in 2010.
Adedeji Adeleke’s educational background he had in finance and international business got him to venture into businesses as he returned to Nigeria. He then created multiple businesses in his name.
He established Pacific Holdings Limited where he acts as the CEO in 1983 — through Pacific Drilling Company Limited. There are over six (6) subsidiaries under Pacific Holding and these are: Pacific Holdings Limited deals in Agriculture, Energy and Power generation — and has given birth to Pacific Farm Ltd, Pacific Freightliners Ltd, Intertrade Warehousing Ltd, Pacific Gas Company Ltd, Junior Venture Ltd and Pacific Drilling Company Ltd . Dr. Adedeji Adeleke is the founder of Adeleke University.
Dr. Adedeji Adeleke Net Worth
Adedeji Adeleke Net Worth $900 Million Dollars. Dr. Adedeji Adeleke’s source of wealth comes form Real Estate and Businesses.
Adekele’s net worth according to Forbes is pegged at an estimated net worth of about $700 million. Cutting the cake, Otedola takes the bigger slice of being the richest.
Dr. Adedeji Adeleke Family
Dr. Adedeji Adeleke has children and they are: Adewale, Davido, Sharon and Ashley. A lot of people kept asking who is the father of musician Davido and Dr. Adedeji Adeleke is the father of Davido.
Things Davido’s Father (Dr. Adedeji Adeleke) And Alhaji Aliko Dangote Have In Common
There is a confirmation that both Dr. Adedeji Adeleke and Alhaji Aliko Dangote come from rich family. Alhaji Aliko Dangote got his first loan that he invested in his business from his wealthy uncle — who is the man of Alhaji Dantata. Aliko Dangote then saw results as the business had positive impact and now recognized in many African countries.
Taking a look at Dr. Adedeji Adeleke, his father was an engineer by profession and a property developer. When you mention Banana Island, the brain behind is Dr. Adedeji Adeleke’s father.
Alhaji Aliko Dangote has had numerous unsuccessful marriages while Dr. Adedeji Adeleke too tried remarrying several times after the death of his wife but this could not worked for him.
These two are businessmen as they both own a business empire and investments, Dangote owns a conglomerate (Dangote group) that is into cement, flour, sugar, oil, and gas.
While Adeleke owns a business empire (Pacific Holdings) which is into electricity, oil and gas, logistics, steel production, banking and finance, and education.
These two men are very humble and simple, they live a low profiled lifestyle. You only hear their names but rarely see them in public, their appearance is not the regular dress to impress or show off style.
These are what makes these men different from other billionaires. Although no man is an island but remembers that background matters a lot.
In summary, Nigerian business magnate Aliko Dangote is the richest man in Africa, leading the latest Forbes’ Africa Billionaires List with a net worth of $12.1 billion. Davido’s father is a billionaire. He is the father of Adewale Adeleke (H.K.N Chairman), Davido, a Nigerian musician and Sharon Adeleke.