Dangote and Obasanjo: Who is the Richest?



Dangote and Obasanjo: Who is the Richest?
Dangote and Obasanjo: Who is the Richest?

Who’s richer between Aliko Dangote and Olusegun Obasanjo, what’s their net worth? Well known politician Olusegun Obasanjo is one of the most popular names in the Nigerian politics.

He has ruled the country twice as firstly, the Head of State, and secondly, the Democratic Head of State and President. He is very smart and also, owns one of Africa’s largest farms which is located in Ogun State, Nigeria.

The big-time politician is a billionaire and has several investments and businesses on his palms. He’s also got influence in the production and circulation of Oil & Gas products in the country. On the other track, Aliko Dangote is equally a multi-billion naira investor and businessman.

His name has become a brand name in Nigeria as his company produces several food items, and foods. His businesses are run across nations of Africa. Aliko Dangote is one of the richest people in the world, and currently the richest man in Africa.

Both businessmen are billionaires and very influential with strong connection chains. On several occasions, they’ve been in positions decide policies that could affact the entire Nigerian population and also, their assets distinctively run into trillions of naira.

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In a bid to determine who is richer, the net worth of Aliko Dangote and Olusegun Obasanjo will be stated. Who’s richer between Olusegun Obasanjo and Dangote? More below…

Dangote and Obasanjo: Who is the Richest?

Aliko Dangote’s Net worth

Dangote and Obasanjo: Who is the Richest?

Aliko Dangote has been talked about much in the past. He is currently the richest African officially according to several sources including Bloomberg, Forbes and Naija. He got to the top in 2010 after his fortune soared 557% higher than usual. This increase made him the richest African for the very first time in history.

The increase also made Aliko Dangote the biggest gainer globally, but for that year and on the terms of percentage gain. Aliko Dangote’s cement industry, Dangote Cement, is a major determinant of the Nigerian Stock Exchange market capitalization.

He’s the biggest cement producer in Africa and he has millions of employees running his cement trade across Africa. Aliko Dangote is building cement terminals in nations like Sierra Leone, Liberia, and other countries.

He is also building plants which costs billions in African States like Ethiopia, Zambia, Congo and Tanzania. It was recorded that Aliko Dangote acquired a Bombardier aircraft worth $45 million dollars for himself on his birthday, and also, his house and super exotic vehicles are together worth billions of naira.

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He is the founder of Dangote Group, a manufacturing company with interests in Real Estate, Sugar Production, Salt Processing, Flour Milling, and Oil & Gas. He started out his business career as a solo trader with N500,000 naira.

Through birthed into a wealthy family of millionaires, he did itinerant trade as a primary school student to make money. Aliko Dangote in naira would worth a couple trillions as he has an estimated net worth of $12.1 billion dollars.

Olusegun Obasanjo’s Net Worth

Dangote and Obasanjo: Who is the Richest?

Chief Olusegun Obasanjo is a Nigerian politician and a two-time president of the country. He’s also a magnate and has tight influence on certain sectors in the Nigerian economy. He’s well respected in the country, and it is still believed that Olusegun Obasanjo (O.B.J) is one of the most powerful politicians in Nigeria.

He ruled Nigeria as both an Head of State and anDemocratic President for the two times he sat on the presidential sit. A similar experience by both Aliko Dangote and O.B.J is that they’ve gotten married four times to four different woman.

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Currently, Olusegun Obasanjo has no woman to call wife, but that’s not a problem for the naira trillionaire. From year 1976 to 1979, he ruled Nigeria as he Head of State of the country. Again in 1999, Obasanjo got into power as the Democratic president and saddled the boat till year 2007.

During his time, he raked in billions to his account and enriched himself greatly, but, he also managed to increase by 6% the Nigerian GPD.  Olusegun Obasanjo is the proud owner Ota Farm in Ogun State Nigeria. The farm is one of the biggest in Africa, and the biggest in Nigeria.

Sources say he has hands in 6% of Oil & Gas production and distribution in Nigeria, and makes several hundred millions of naira from other business deals and channels. Chief Olusegun Obasanjo has an estimated net worth of $1.5 billion dollars.

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