Dangote to Donate One-Third of Wealth
14 Articles
14 Articles
Dangote's Heirs Back Plan to Give Third of His Wealth to Charity
The Nigerian billionaire Aliko Dangote inscribed his personal philosophy in an unprecedented successional decision for the continent. The transmission of part of the fortune of Aliko Dangote to charitable works has just been officially revealed by his own family, in a country where the inequalities of wealth remain among the most marked in the world. Halima Dangote, daughter of the billionaire and administrator of the Aliko Dangote Foundation, r…
Africa's richest man, Nigerian Aliko Dangote, intends to donate a third of his fortune to charitable causes
Nigerian billionaire Aliko Dangote will give $11.6B away
Aliko Dangote intends to leave a third of his fortune to charity, and he has already had his mother and three daughters sign the will that provides for it.At today's valuation that comes to $11.6 billion. The qualifier matters, because the asset that dominates his balance sheet has not yet been priced by a market.Halima Dangote, one of his daughters and a trustee of the Aliko Dangote Foundation, disclosed the arrangement in an interview with Blo…
Aliko Dangote, the Nigerian businessman considered to be Africa's first fortune, wrote in his will an exceptional provision to bequeath a third of his fortune to charitable actions. According to his daughter Halima Dangote, this decision, in accordance with the rules of succession of Islam, would amount to approximately $11.6 billion.
Dangote Family Approves Plan to Donate One-Third of Billionaire's Fortune to Charity
Africa’s richest man, Aliko Dangote, is set to donate one-third of his estimated $35.1 billion fortune to charitable causes as part of his long-term succession plan, according to his daughter, Halima Dangote. Speaking in an The post Dangote Family Approves Plan to Donate One-Third of Billionaire’s Fortune to Charity appeared first on Gistlover.
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