Aliko Mohammad Dangote: The Biography of the Richest Black Person in the World

978-1-61897-885-1-FayemiwoNealCoverThe New York-based Forbes magazine had not deemed it fit to include an African south of the Sahara in its List of World’s Billionaires in its 100-year history until 2008 when the name of Nigeria’s Aliko Dangote appeared worth $3.3 billion. In 2011, Aliko’s fortune jumped to astronomical $13.8 billion, a–544 % increase in the history of wealth creation. Today, this African is the world’s richest black person worth $16.1 billion.

How did he achieve this feat? What were the sources of his wealth? How did a -56-year old half orphan, who grew up in the arid dessert of Kano, northern Nigeria, invest a- $500 loan and turn it into the largest business conglomerate in Nigeria and West Africa in 36 years?

The authors were in Africa for 16 months to investigate the story of this billionaire. The book is purely an independent research and a seminal work by the authors, who managed to resist censorship during their field work, and succeeded in presenting readers Aliko Dangote’s secrets of success which aspiring business people can learn from in the life history of Aliko Dangote, especially on how to start small and grow big. This is the first and only authoritatively-researched and comprehensively-investigated biography of Aliko Mohammad Dangote, the richest black person in the world.

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Praise

This book is highly recommended to anyone who enjoys learning about how different people of all walks of life become rich and successful, and what it takes to get to the top.”—Readers Favorite Book (Starred Review), USA.

A compelling book about a unique personality in Africa.”—Goodreads, USA

Flawlessly written, Dangote stands out as a hallmark of excellent artisanship and knowledgeable chronicling.”—Bookplex Review of Books, Mumbai, India

I am deeply impressed by this work…I commend it to all and sundry.”—Prof. Adebowale Adefuye (PhD), Nigeria’s Ambassador in the United States, Washington, DC, USA

Nigerian Alhaji Aliko Dangote, the richest black person in the world, is a witness to the fact that success as a passionate entrepreneur is not limited by race, ethnicity or national origin.”—Congressman Jesse L. Jackson, Jr.-(D-IL) 2nd Congressional District, U.S. House of Representatives, Washington, DC, USA

In a land lacking a culture of independent biography, this is a starting point and Dangote is a promising introduction to the fascinating and still largely unmapped universe of one of the world’s richest men.”—The Huffington Post

This is a professional narrative that easily betrays the journalistic background of one of the authors. Well readable and highly commendable.”—Frisky Larr, radio journalist, communication scholar and author, Bochum, Republic of Germany

Dangote has trumped long held assumptions, cultural archetypes and stereotypes, to become known as a respected business man, power broker and philanthropist.”—Hon Gloria Hyatt, Member of the British Empire (MBE), motivational speaker, education, coach and managing director, Teach Consultancy Limited, UK

This is a timely book on Aliko Dangote and the positive changes that are taking place in Africa.”—Prof. Vijay Mahajan, former Dean, Indian School of Business, Hyderabad and currently John Harbin Centennial Chair of Business, McCombs School of Business, University of Texas, Austin USA

A must-read manual of success.”—The Nigerian Voice magazine, The Netherlands

You must read this “Good News from Africa.”— Rita Kiki Edozie (PhD), Director, African-American & African Studies, author of “Reconstructing the Third Wave of Democracy: Comparative African Democratic Politics,” Michigan State University, East Lansing, MI, USA

This book is a compelling narrative about an exceptional African entrepreneur.” Wale Adebanwi (PhD), Associate Professor, of African American and African Studies, and author of ‘Democracy and Prebendalism in Nigeria: Critical Interpretations’, University of California, Davis, USA

From Aliko Mohammad Dangote, we see that Aliko’s life is a careful balancing act, in a country where politics, in a country where politics by every definition of it is more than everything.”—Tolu Ogunlesi, author, writer and columnist for The Punch newspapers and winner, 2009 CNN Multi-Choice African Journalism Award, Lagos, Nigeria

In turns journalese and scholarly, this revealing book is a remarkable addition to the genre of biography which is often abused on the one hand by Africa’s influential politicians and businessman anxious to rewrite history in their favor.”—Nduka Otiono (PhD), Banting Postdoctoral Fellow, Institute of African Studies, Carleton University Ottawa, Canada

This is a highly inspirational and engaging book on the success of a rich man. The words are superb and the narrative is engaging.”—Gloria Espinoza, Adjunct Professor, Dominion University, River Forest, IL, USA

Considering that the insubstantial book culture in Nigeria and much of Africa is replete with hagiographies and vanity publications, this researched biography on Aliko Dangote by two respected authors is a most welcome replenishing of a famished bookstore. I will recommend it to my students.”—Ayo Olukotun (PhD), Professor of Politics & International Relations; author of “Repressive State and Resurgent Media under Nigeria’s Military Dictatorship,” Lead University, Ibadan, western Nigeria

I am proud of the authors and commend them for the painstaking efforts that went into this seminal work.”—Emeka Linus Emekauwa (PhD), General Manager & Professor of Mass Communications; host, “Forum on Africa and America” (Saturday 3pm-60m) program, WSHA 88.9 FM Radio, Raleigh, NC, USA

Asiwaju: The Biography of Bolanle Ahmed Adekunle Tinubu

Asiwaju Tinubu, national leader, APC, engineered the first takeover of power by the opposition in Nigeria in 2015. He was the only politician standing as governor of Lagos state, southwest Nigeria between 1999 and 2007. This was a period the political blitzkrieg unleashed by the People’s Democratic Party (PDP) under former President Olusegun Obasanjo swept the southwest like a tsunami and all opposition governors lost their seats. Tinubu retained his seat and administered Lagos state for eight progressive years without a cent/kobo from the PDP-controlled Federal Government

Who is Bolanle Tinubu? Where was he born and how did he grow up? What was his parentage like in the 1950s? What does Tinubu want in Nigeria? This is the first comprehensively researched biography of Jagaban.

“Asiwaju Bola Tinubu’s feats are bold and exceptional; from business to governance and politics … a true hero of democracy, a light that cannot be concealed!” – Rt. Hon. Yakubu Dogara, Speaker, 8th Assembly, House of Representatives, Abuja

“Asiwaju Tinubu has become a political pillar and leader, not only in Yoruba land but in Nigeria.” – Gov. Ayodele Fayose, Ekiti state (2003-2006 & 2014- ), Ado-Ekiti

“Asiwaju’s pragmatism in politics are his very good sense of judgment in identifying and nurturing exceptional leaders. Tinubu’s leadership role is a guide to the young and old.” – Gov. Kashim Shettima, Borno state (2011-2019) Maiduguri

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About the Authors

MOSHOOD ADEMOLA FAYEMIWO was a newspaper publisher/editor in Nigeria where he grew up but now lives in Chicago. He earned B.A. Education/Social Science at the University of Lagos, Nigeria; M.A. Mass Communications (Journalism & Media Studies) from the University of South Florida, Tampa and M.S Information Science, M.A in History & Literary Studies from the State University of New York. His Doctorate is in Public Policy & Administration and he is author of Who’s Who of Africans in America and four published books. He is a member of several professional organizations: Association of American University Professors (AAUP); National Association of Black Journalists (NABJ); Society of Professional Journalists (SPJ); Investigative Reporters & Editors (IRE); American Association of Public Administrators etc. His forthcoming book is; Jonathan; The Squandering of Good Luck.

MARGIE MARIE NEAL is former university professor, education consultant, and reading coach in Chicago. An alumna of State University of New York where she received B.S. in World History; M.S. in Reading from the Chicago State University, MSSED from American College of Education, and University of Illinois at Urbana-Champaign. Her Doctorate is in Education Organizational Leadership. She is co-author, “People Power in Africa: A Week That Changed Nigeria Forever“, and author of; “The Roles of Professional Organizations in the Effective Teaching of Reading in Chicago Public School-CPS: The IRA and IRC as Case Studies,” (forthcoming). She is president, Alternative Lifestyle Communication, DBA, Chicago.

7 Amazing New Facts You Never Knew About Africa

1. Africa is the cradle of the human race, the second largest and second most populous continent with 1.3 billion human beings next to Asia.
Source: World Population Prospects: The 2010 Revision, United Nations (Department of Economic and Social Affairs, Population Division, New York, USA

2. Africa, dubbed “The hopeful continent” now has the fastest-growing economy in the world as a continent, next to Asia where more than 600 million people now use mobile phones more than mobile users in the United States, Europe and Canada combined.
Source: The Economist, December 03, 2011, London, UK

3. The economies of Africa’s 54 independent and sovereign nations are growing at such robust rate that some of the economies are now christened; “The African Lions” beginning from 2000 like the rise of the “Asian Tigers” in the Last Century. Africa’s economy as a whole, especially in the four areas of agriculture, infrastructure, consumer and resources are growing at combined output of $1 trillion and are projected to rise to $2.5 trillion by 2020.
Source: The McKinsey Global Institute (MGI), New York, USA

4. In spite of the recent global economic kerfuffle, the African economy has been growing at the rate of 5.1 % with a total of $812 billion in consumer expenditure surpassing Russia and Japan.
Source: Harvard Business Review, May 2011, Cambridge, MA, USA

5. “Africa is the untold story, and could be the big story, of the next decade, like India and China were this past decade. The presence and the significance of our business in Africa are far greater than India and China even today. The relevance is much bigger. You’ve got an incredibly young population, a dynamic population. Huge disposable incomes. I mean $1.6 trillion of GDP, which is bigger than Russia, bigger than India. It’s a big economy, and so rich underground. And whether the next decade becomes the decade of Africa or not, in my opinion, will depend upon one single thing—and everything is right there to have it happen—and that is better governance. And it is improving, there’s no question.”—Muhtar Kent, CEO, Coca-Cola, Atlanta, GA whose company now sells more drinks in Africa than anywhere in the world with 100million customers a day. In addition, more Africans drink Guinness Stout beverage in Africa now than Irish in Ireland.
Source: Bloomberg Business Week, 2011

6. Aliko Mohammad Dangote of Nigeria doesn’t trade in oil. He has never been in government. He is the largest employer of labor in Nigeria, West Africa and the second largest of labor in the African continent. He manufactures cement, milk, sugar, pasteurized milk, Noodles, macaroni, spaghetti, sacks, tomato paste, fruit juice, flour, bread, rice and the essential daily needs of nearly 600 million Africans in Africa. For 36 years, he built a world-class business conglomerate worth nearly $20billion and made all his money in Africa.

7. Today, Aliko Mohammad Dangote is the richest black person alive, because he did what Wal-Mart founder, Sam Walton did in the USA; the Albrecht Brothers; Karl and Theo, founders of Aldi Markt did in Germany, LiKa-shing of Asia, and others.