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Aliko Dangote: Only African on Bloomberg's '2017 50 Most Influential People'

Aliko Dangote: Only African on Bloomberg's '2017 50 Most Influential People'

Nigeria

<p>Nigerian business mogul and Africa’s richest man, Alhaji Aliko Dangote, was the only African to make the 50 Most Influential People in 2017, according to a list released by Bloomberg magazine.</p> <p>The man described as President of the Dangote Group of companies has often made such lists due to his business concerns and humanitarian efforts back home in Nigeria.</p> <p>The list pooled together people from five broad categories: business, tech, politics, entertainment and finance. In the area of business Bloomberg said of the personalities, “In business, like Africa’s richestman devoted to boosting food production in Nigeria and a designer who made Adidas the powerhouse that it is today.”</p> <p>A reviewer Paul Wallace wrote about the 60-year-old: “Dubbed “the quiet billionaire” for his relatively frugal lifestyle, Dangote fast-tracked plans to help his country of 180 million people import less of what it eats. </p> <p>“Dangote, who made his fortune in the cement industry, is turning his attention to dairy and sugar farming; he’s earmarked $800 million to buy 50,000 cattle in the hope of producing 500 million liters of milk annually by 2019. </p> <p>“He’s also racing to finish a 650,000-barrel-a-day oil refinery near Lagos, set to be one of the world’s biggest, and says he intends to spend as much as $50 billion in the next decade on renewable energy and petrochemical refineries, including investments in the U.S. and Europe. Which is all fine, but not quite his grand ambition: buying Arsenal, his favorite soccer team.”</p> <p>A photo of Dangote was displayed last Wednesday on the Nasdaq Tower in New York following his selection on the Bloomberg list. </p> <p>Other persons who made the list include Nikki Haley, the United States envoy to the United Nations, Jeff Bezos, <span class="caps">CEO</span> of Amazon; Paul Gaudio, Global Creative Director of Adidas and Michel Barnier, E.U. Chief Brexit negotiator.</p> <p>Elon Musk of Tesla, Alessandro Michele, creative director of Gucci; California state governor, Jerry Brown, <span class="caps">CEO</span> of General Motors, Mary Barra and Saudi crown prince Mohammed bin Salman were also on the list.</p> <h3> <a href="http://www.africanews.com/tag/2017-review/" target="_blank">Follow our 2017 Review page for more information </a></h3>

Dangote, who made his fortune in the cement industry, is turning his attention to dairy and sugar farming; he’s earmarked $800 million to buy 50,000 cattle in the hope of producing 500 million liters of milk annually by 2019.

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