Dangote Says He Built His Fortune From Scratch
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- เผยแพร่เมื่อ 8 ม.ค. 2020
- Jan.08 -- Aliko Dangote, the richest person in Africa and founder of Dangote Industries, talks about building his business from scratch, and and why he's giving away his inheritance to charity. He appears on "The David Rubenstein Show: Peer-to-Peer Conversations." The interview was recorded Sept. 26 in New York.
His granpa Dantata, was the richest west african trader back in the 20th century. Dangote has taken family legacy to the world stage.
This guy is like Royalty in Nigeria.
@@deepdude4719 swear down.
THIS GUY IS A THIEF
@@deepdude4719 vv
Wealth is passed down one way or another through the mind or monetarily
Absolutely. In my opinion one of the most important things to pass on to your offspring.
So true!
Then Trump was brutally straight when he said to Americans, "Im very rich. This is the mindset Americans should have."
Facts don't support this statements
Denzel Washington once said *"TO get what you never had before you have to do what you never did before"*
I'm 51 years old with no retirement plan yet,any suggestions on accumulating a million dollar portfolio within 12-18 months? I have currently saved a capital of $100k
In times like this,the best thing any American can do for him or herself is to have another source of income apart from his or her salary,invest wisely people!
Starting early is the best way of getting ahead to build wealth,investing remains the priority. Forex trading has plenty of opportunities to earn a decent payout,with the right skills and proper understanding of how the market works
@@changchangjuju4281 I totally agree with you,Forex trading is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading
@@changchangjuju4281 But successful people don't become that way over night,what most people see is a glance wealth,a great career,purpose is the result of hard work and hustle over time
Dangote said he gave what he inherited to charity at a tender age😂🤣😂Oh my God.
Yea 😹😹
🤣🤣🤣🤣
Akwai wargi a Wanga Batu
Please don’t use God’s name in vain
@@gboebemialabi7298 not everyone believe in god
You studied in Egypt and started your rice and sugar business by importing them and still you said you started from the scratch. Hmm, my oga you needs to enter inside naija very well to see what starting from the scratch really is.
You will see men that went to a local school, lived in geto and nothing to be called an inheritance or anything to start something with and they will go with zero (0) account balance to to billions example are some of our great musician who has given us (Nigeria) a name.
But I appreciate you though because it's not easy. One love.
You are very correct 👍👍
😂 He should enter inside Nigeria very well.
I think you've forgotten that some people also had access to silver spoons but couldn't utilize the opprtunity, though his father is rich but he made it global that means that if his father was poor he would have also made it.. So you need to rejoice with him.
Got money from Dan tata,nothing from scratch,I remember seeing most trailers passing tru benin city this family have been rich since the beginning of Nigeria
Jealousy
@@davidjohnny5616 how 🤔everyone want to be rich like dangote my man,no envy here,just know that the family have been rich for a long time,even you could heard the woman asking him three times,because she know that's not possible with the family wealth
@@davidjohnny5616 not jealousy just facts. This guy is no different from the Trumps. (🙏🏾 trust me am not knocking) just keeping it real. He's the 1% while the majority of his country struggle. Nigerian politicians are very corrupt. And if you have money, you can buy your way through the laws and policies. Same way like Vladimir Putin and the billionaire Russians run Russia.
AMAZING ✊🏾BUSINESSMAN
Calm and collective & humble🎩 man
Was very nice speech Love it
Good interview from Mr Dangota
Guys, if you truly believe his story, than you are more gullible than a 1 year old kid lol.
Precisely. He inherited money from his Father's will. Not sure why it's so hard for him to say that smh.
@@ceowonu apparently he got a loan from his uncle
I think you are more gullible. He expanded his father's wealth and didn't kill it, he didn't spend his father's wealth on bitches and in night clubs as most folks would have.. What you are to learn from his story is never waste an opportunity, because every pinch of salt counts.
Nice one
What kinda interview is this, you coulda done basic research on half the questions you asked. To curate better questions
Good point! Very lazy interview. He is just registering the facts of the interview; it was supposed to be an exposition on what we already know.
And rude. The interviewer was rude.
He doesn't want to upset oga.
Great story 🤝👑
Story for the gods!! From scratch indeed
Long live my king Aliko may I grow to be rich like you
Awesome to see this guy. Will help a lot of people expand their minds about possibilities. Must be great to inherit wealth. Wish I did. However, donatimg the amount of your seed money - after it has grown into an oak - is not the same as building your fortune from scratch.
Deep
You said it all
@@shelahivie7298
.
.
.
He came from a rich family but as he says in the interview he did not really inherit himself (except for some assets his dad left)
@@nicholasjanke3476 I get it. Having a stable family and lessons from affluent parents is more than most get. Seems like a good guy, which is great.
From scratch? ?? At that age donating all to charity? As a business started and at that age, I found it hard to believe he could donate it to charity. I don't know why Dangote find it hard to admit that it was easy for him cos if family wealth and not that he built from scratch
+ the largest political connect in the entirety of Nigeria. Thrived under every single government irregardless of the political party in power.
He knows what he's saying
@@angefabricenda560 exactly
Someone needs to tell Burna Boy this
Why you all believe that his family stole money man this is sad
Nice
He's a fascinating man.
Believe him or not he Dangote i knew him around 1986/87 when he was building his kareemu ikotun site v.island he his a generous man and his God has been more generous to him & faithful this is the promise of God been fulfilled in his life.he his saying the truth
great job my brother
is wealth came as having Buhari ,who gave him importing things to sell to the country alone making huge amount of money, other go for permit where refused, kind of dictorship.
What an unintelligent comment!
Biz Man 🇳🇬👍
This is a bit of a touting title, perhaps the publisher of the videos should make similar titles about the 500 main so called “self made” US business men. Dangote evolves in environments that are far more difficult to navigate than most of his peers industry moguls worldwide.
This is why you should put Rwanda on your Backetlist @t
Cool
He inherited the mindset, he had been exposed and nurtured into a business environment from an early age, he did not need the family money to start his business.
If you know the baker ( banker), the candle stick maker ( dealers ) and others, you are good to go.
Good
He was helped by the Nigeria government.
No Nigerian gives his inheritance to charity unless they are financially comfortable and at 8 yrs. I have always heard that he borrowed the money he used to start his cement business from his maternal grandfather and paid back the loan in record time. Most Nigerians kill and fight over inheritance.
Why will you kill for inheritance when ur father is rich. Only the middle class and poor do that.
And also he invested his father's wealth and didn't claim omo baba olowo neither did he spend his money on bitches and night clubs. I bet you if his father was poor Dangote would have also made it, he invests in anything commodity.
IN NIGERIA, IT IS NOT POSSIBLE FOR MAN TO HAVE SO MUCH WEALTH WITHOUT MASSIVE MASSIVE CORRUPTION.. SORRY ITS FACTS
@@inmythoughts718you're right
What building is that. First time hearing about this guy.
Clicked just to say all he said was Cap
Dangote is very good gentleman
He inherited 100s of millions of dollars did not start from scratch 🙄with money you can bring smart people around you to build
We all know how postwar Nigeria embarked on a federal reparation spending spree where artificial business oligarchs were created in the north and west excluding completely the easterners. The goal was to help non- eastern people catch up to the business levels of the easterners for fear that the easterners should never dominate the economic sector of the country. Even though it was done as such, the easterners due to their natural gifts for business have been able over the years to still bounce back in their way from scratch and all over the world where an easterner is found. That’s called Biafra power!!!
Explain Biafra Power
Brilliant Smart
You can feel the lies in his words. Buying and selling cement lol
yy people like dangote is cause of exactly what he said gave away his inheritance looking out for others
Baban mu kenan, allah ya tsare ka. Allah ya karama dokaka
💯👌🏽
Wawooo
what is wrong with admitting you had an advantage, just say you wanted to build something that feels authentic to you but dont try and make it seem like you did not already have the advantage of having connections and loads of capital to start your business
Made from scratch? Am sure he meant to say, from the start of obasanjo ,tenure as president
Baban mu may sare kukan mu, allah baka shekaru masu yawa mashu albarka. Ka jima ka taymokon Africa. Muna alfari da kay, allah ya gara ma kochin lafia. Baba Africa kenan
Never mind these two.... look at that fabulous view!
That's New York.
Iam also working in Dangote Obajana cement
17 million housing deficit you mean?
Some Africans believe that only children that suffer are the ones who become successful in future
This mam can lia for 🌍.
Politics assisted him too.
Dantata was printing money inside his room, ask the Nigerian government, that’s how money security was introduced. It was dirty money at the start turned genuine money by a man of vision.
Please tell us more.
Big boss🦍
There are many, many countries in the continent of Africa. So what country is the billionaire man from?
Nigeria
Nigeria 🇳🇬
Wealthiest African. From Nigeria
Dangote can you please send a black Star liner to Haiti
IN NIGERIA, IT IS NOT POSSIBLE FOR MAN TO HAVE SO MUCH WEALTH WITHOUT MASSIVE MASSIVE CORRUPTION.. SORRY ITS FACTS
How much is Rice now
Yeah right.
Dangote sounds a bit selfish when comes to share his history and ideas of prosperity.its not that clear
It can't be clear because he is a by-product of a corrupt system. He is also from one of the oldest aristocratic northern families, studied abraod, and got a good loan from his uncle.
That's because he has nothing to share. Fucking corrupt.
Because it is filled with corruption and lies.
If he can buy Arsenal that would be great.
He did not really start from zero
Most of the things being said by this guy is not true.
Tell us the truth.
I believe u his family sold their soul
@@juliusgomes3452 were you there ? You saw it or you are just making baseless remarks..
I agree. First he said he didn't inherit any money and he started his business without help from scratch....then later he says his father left him inheritance but he has given it away. 🤥🤔
@@dbest19330 so what doesn’t make sense there?
Indeed. And let's thank God he hasn't crossed the road of those who in order to build theirs and for the sake of dictatorships they own destroy the little others have build from scratch. Otherwise he may not have been able to build a fortune. They will have make sur his life is ruined.
Dangote took loans from many banks in Nigeria. The loans went bad, and the banks later collapsed.
#realmoneybillionaire #billionmindset #BILLIONAIREGH
This man sabi
I make money easily and effortlessly through multiple sources on a continuous basis,
Amin! Mother Africa is on the mighty ARISE AWOKE! 2020 - 2026 or ELSE!~ EXODUS
He surely never read Malcolm Gladwell then?
Iam also ex employ in Dangote
That was a fuulish question
Building it from scratch, okay, that's just not true. It takes money to make money.
Dangote kano lagos
84an tree
Lamentations
Calabar Lagos IBADAN Akure ONDO
I will be a bilionea one day
I tap from the grace that made you wealthy.
He is Lying guys, he inherited his wealth from his father's Family.
those are lies dangote bloodline have been wealthy for very many generations
🙄🙄🙄 my father and his father and his father's father were all reach but I built everything from scratch😅😅😅 Donald Trump said the same thing.
Rich*
Government subsidies
No body can make in africa from scratch pls pls dont deceive us pls
With govt bias
Hmmmm
Built from scratch? 🤣🤣
Tell me is it true or he is lying. Sometimes these guys are behind these politicians that have stolen money
@@virodict Yes, you are very correct. He is a beneficiary of successive corrupt governments who gave him a monopoly over cement production thus killing off other cement factories in the southern and eastern parts of the country. People like this man are demons in disguise. 🤮
This is the result of hardwork, dedication, good interpersonal skills and sincerity. Dangote cement remains the best and most reliable product in Nigeria and whole of Africa.
A man that doesn't sleep at night, doesn't even have a wife or girlfriend, unlike our generation of Nigerians that sleep too much, imbibe a culture of laziness and dont value hardwork.
Hardwork, skills and dedication pays off. I see a lot of haters here saying government supported him, so what? He brought in the initiative before the government mildly supported him.
In an era of free markets and stiff competition, Dangote is a silver lining for Nigerians and Africa as a whole.
We need to learn from him, that hardwork pays off, commitment and dedication pays off. Not serving as stooges, hooligans and thugs for Politicians.
Political power had never brought a group out of poverty to affluence as Somwell said, rather it is economical power that does...
Stop hating and get a live.
Long live Dangote
Long live Nigeria 🇳🇬🇳🇬🇳🇬🇳🇬❤️❤️❤️
Write something special about Africa
This guy Sabi lie
Lol
🙄 😂🤣😂🤣
This guy can lie man 😂
I dont like this interviewer
No he didn't
Scratch my ass!
Allahu Akbar kabira
Lies!🤣🤣🤣
All nah scam
Fucking lies🤣
Hea is a joker
Damn! The Cringe on that interviewer.
Poo poo platter of lies 😂😂😂😂
Bullshit!
Wealthiest man in Africa..but hardly contributes to the growth of Africa.
Do you live in Africa?
Born and raised.
Make your own wealth and contribute yourself. Clearly you have ideas.
Who said I dont have wealth?
🤔🤔
I believe you