What business does the richest man in Africa do? How much of his assets do you have?

Updated on Financial 2024-07-31
10 answers
  1. Anonymous users2024-02-15

    Arriko Dangote, who relies mainly on cement**. Total assets exceed $10 billion.

    It is often said that Africa's wealth is in the hands of a few, and that some African countries' commodities and businessmen can earn a lot of money, thus becoming the richest people in Africa, including Dangote.

    Dangote is from Nigeria and was given the opportunity to import cement by chance. In the later period, the accumulation of personal wealth became higher and higher, and Dangote Group was gradually established. In the early stage, the group was engaged in flour and other products**, and in the later stage, the group came into contact with bulk commodities and started the process of challenging the highest wealth.

    Africa's per capita income is low, and most of its population does not have access to a regular income, but only through hunting and growing crops**. However, this is not a long-term way of development, and many countries have entered a stage of rapid development, gradually widening the distance from African countries.

    However, there is a huge market in Africa, and businessmen from different countries see business opportunities and bring technology and capital. Over time, it inspired the confidence of some African businessmen, including Dangote, to do business. Dangote is not particularly different from ordinary African residents, but he has seized the opportunity for development.

    Gradually growing from a businessman who imports cement to a businessman who produces cement, which can not only reduce the import cost of cement, but also control the production cost within a reasonable range. With the continuous development of cement**, Dangote's personal wealth accumulation has increased, and it has now exceeded 10 billion US dollars.

    Bottom line: Not everyone can seize the opportunity, but Nigeria's single-gert has seized the opportunity to move up the career. Dangote has proved to the outside world with his personal actions that Africans can also gain access to tens of billions of dollars in wealth accumulation.

    His life was full of glory and twists and turns, and he eventually became the richest man in Africa. In real life, we should seize the opportunity. When we lose an opportunity, people always regret it, after all, the opportunity did not come easily.

  2. Anonymous users2024-02-14

    Petroleum business, mining business, mining business, ** business, buying and selling business. His assets have exceeded tens of billions at least.

  3. Anonymous users2024-02-13

    The richest man is in the shoe business, because there are many people in Africa, they realize that wearing shoes, this kind of industry is very profitable, and his assets are tens of billions.

  4. Anonymous users2024-02-12

    Oil business, energy business, business, business. These are some of the businesses that they come to do, and they help them get more assets. The assets have exceeded at least 1 billion.

  5. Anonymous users2024-02-11

    The richest man in Africa is in the oil business, and his assets are tens of billions of yuan, which is equivalent to an upper-middle richest man in my country.

  6. Anonymous users2024-02-10

    The real emperor of the ** country in the history of Africa!

  7. Anonymous users2024-02-09

    When I was a child, I always had such a naïve idea, since the tool of trading is banknotes, then why don't we print more banknotes and send them to the people, then each of us will become rich, until I grow up I understand that money is directly proportional to the goods themselves, if you blindly print money, there will be money inflation. There is such a country in Africa, Zimbabwe, although the streets are full of billionaires, no one envies them, because their money has gradually lost its usefulness.

    In order to give money purchasing power, the state has repeatedly increased the face value of the Zimbabwean currency. So in Zimbabwe you can see a very interesting phenomenon, middle-aged women who go to the street to buy groceries, they will push a small cart, and the bundles of bills on it will fall, and even then the material returned is pitiful. Zimbabwe used to be one of the most developed countries in Africa, but in the end, due to some turbulent effects, it led to currency inflation.

    So now in Zimbabwe, the people live in fire and water. In today's Zimbabwean people choose to trade banknotes, even abroad, this is a kind of distrust of local banknotes, because it will continue to depreciate, maybe today you can buy a pound of eggs for 100 million, and tomorrow 100 million can only buy an egg. Although the amount of money itself has increased, the meaning has not changedTherefore, blindly printing money and increasing the face value of banknotes will not change poverty, but will aggravate such poverty.

    The biggest impression I get from Africans is that they are very depraved, they are also lazy, and they are not willing to change the status quo of life through their own efforts. Therefore, the economic outlook of many African countries is not good, although they have received assistance from the international community, but they have not fundamentally changed their poverty, which is a manifestation of inertia in their bones.

  8. Anonymous users2024-02-08

    This tyrant country is Zimbabwe in Africa, because Zimbabwe's economy is not good, they have particularly severe inflation, and their money has depreciated sharply. You can't buy anything with the money you take into sacks.

  9. Anonymous users2024-02-07

    First of all, the weather conditions over there are too bad, although there is money, there is a lack of basic living water resources, what is there to envy, many times money is not everything.

  10. Anonymous users2024-02-06

    Although they are all tyrants, the life there is very depressing, although it is said to be very rich, but the country's environment and education are different, and no one envies them.

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