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Dangote Named As World’s 6th Most Charitable Person

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The President of Dangote Group and Africa’s richest man, Alhaji Aliko Dangote, has been named as the sixth most charitable person in the world.

He is only behind CEO of Berkshire Hathaway, Warren Buffett; Microsoft founder, Bill Gates; Harry Potter writer, J.K Rowlings; media mogul, Oprah Winfrey; and CEO of Tesla, Elon Musk, who occupy the first five positions in that order.

The list released last Wednesday was compiled by UK-based online financial news periodical, Richtopia.

The 61-year-old Dangote recently endowed his foundation to the tune of $1.25 billion, more than eight percent of his entire networth.

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The other Nigerian on the list was Chairman of United Bank for Africa (UBA), Tony Elumelu, who was 11th.

According to Investdata, Dangote started his foundation, Aliko Dangote Foundation in 1981, with a mission to enhance opportunities for social change through strategic investments that improve health and wellbeing, promote quality education, and broaden economic empowerment opportunities.

The foundation was however incorporated in 1994 as a charity in Lagos, Nigeria and in 24 years has become the largest private Foundation in sub Saharan Africa, with the largest endowment by a single African donor.

The Aliko Dangote Foundation focuses primarily on areas such as: health and nutrition, supported by wrap-around interventions in education, empowerment, and humanitarian relief.

 

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John is a University of Lagos-trained journalist. His views are always the end products of a deliberate search for information and knowledge. He has read almost every novel written by Chinua Achebe, Jeffrey Archer and Dan Brown. He is an expert Scrabble and draughts player who is also excellent at swimming. If you know the capitals of 45 African countries by heart, then you are exactly like him.

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