The philanthropist attitude of Aliko Dangote, president of Dangote group was recognised and highlighted by Richtopia, a digital periodical that covers business, economics, and financial news, based in the United Kingdom, yesterday as the richest man in Africa was named as the sixth most charitable man in the World. Dangote recently endowed his foundation to the tune of $1.25 billion
Warren Buffett, Bill Gates and J.K Rowlings occupied the first three positions while Oprah Winfrey and Elon Musk were in the fourth and fifth position respectively.
Aside Aliko Dangote, Tony Elumelu, chairman of United Bank for Africa (UBA) was 11th on the lists and these two were the only Nigerians on the lists.
Aliko 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.
Aliko Dangote Foundation was however incorporated in 1994 as a charity in Lagos, Nigeria. 20 years later, the Foundation has become the largest private Foundation in sub Saharan Africa, with the largest endowment by a single African donor. The primary focus of Aliko Dangote Foundation is health and nutrition, supported by wrap-around interventions in education, empowerment, and humanitarian relief.
Among many others, it would be recalled that the foundation gave out a whopping N2.5 billion, the same amount the Federal Government also donated for the purpose of ameliorating the sufferings of the flood victims during President Jonathan era.
The Foundation, in line with its mandate to provide relief in times of disaster, spread its philanthropic works beyond the shores of Nigeria with a donation of $1 million to the government of the Federal Democratic Republic of Nepal. The gesture was meant to support the government’s efforts in providing relief to the victims of the earthquakes that occurred in the country.
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