# Aliko Dangote on His Wealth, Business Advice and Africa’s Future - Original post: https://www.twitter.com/i/status/2069187826390872394 - Source account: [@switbeckssexy](https://x.com/switbeckssexy) - Source language: English - Duration: 1:52 - Published: 2026-06-24 - Canonical URL: https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future ## Transcript [0:00](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future) Who am I here with today? Aliko Dangote. [0:02](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=2) What was the most amount of money you've made in a single year? [0:04](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=4) Well, first quarter we did about 10 billion dollars. [0:06](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=6) 10 billion dollars? Did you have any idea growing up that you were going to build a company? [0:10](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=10) No, no, no, no, not even 1%. You started off selling candy to classmates. [0:14](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=14) Yes. Today, what is your net worth? What are they saying? I don't really look at those things. [0:18](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=18) Forbes says that you're worth over 30 billion dollars. [0:20](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=20) Yeah, they say I'm worth 38 billion, but you know, most of our businesses are not listed yet. [0:24](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=24) It will come out soon. The reason why I say that is everyone I've met say that you're incredibly humble. [0:28](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=28) How have you stayed so humble despite becoming the richest person in Africa? [0:32](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=32) I've actually passed the stage of just doing business to make money. [0:35](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=35) It is to leave a legacy. How do you want to be remembered? [0:38](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=38) I want to be remembered as somebody who has industrialized Africa. [0:41](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=41) That's what I want. Why Africa? Why should Americans be looking to invest in Africa? [0:45](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=45) Today in Africa, 70% of our population, they are below 30 years of age. [0:50](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=50) By 2050, we're going to be 2.5 billion of population. [0:54](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=54) The real future is Africa. You mastered the art of sales at an early age. [0:58](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=58) What is your best sales and negotiation advice to anybody in business? [1:02](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=62) Learn to be like the Chinese. You know, Chinese, they know how to wire people out in negotiation. [1:07](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=67) But the first thing that you have to do is that you must actually treat the customer as a king. [1:11](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=71) As a king? Yes, he's a king. You don't sell your goods, you can't grow. [1:14](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=74) You didn't build your fortune chasing trends. [1:16](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=76) You built a cement company. You built a rice company, a flour. [1:20](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=80) But my question is, what did you know about building boring businesses that nobody else knew? [1:25](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=85) These are things that we need. And these were things that I was trading in. [1:28](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=88) So I tried to do what you call backward integration to now produce what we used to import. [1:32](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=92) And now we're going into oil and gas, where the scale is huge. [1:36](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=96) My final question for you, do you believe in God? [1:38](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=98) Oh, 100%. How did you know God was real? [1:40](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=100) If I look at myself, I know that God is real. [1:42](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=102) Thank you so much for your time. I really appreciate that. [1:44](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=104) And I connect with all the billionaires that I interview. [1:46](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=106) Could I get your contact? Yes. Is that cool? [1:47](https://www.translate.mom/transcript/1cmtXUxU4t3P/en/aliko-dangote-on-his-wealth-business-advice-and-africa-s-future?t=107) He'll give you, yeah.