Africa’s Richest Person Plans to Open a Family Office in Dubai
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Nigerian billionaire Aliko Dangote is setting up a family office in Dubai, joining other high-net worth individuals who have flocked to the Middle East’s financial hub over the past few years.
With a $13.2 billion fortune, Dangote ranks as the wealthiest African and the 168th-richest person in the world, according to the Bloomberg Billionaires Index. He made his money from commodities like cement and sugar, and recently opened a $20 billion oil refinery — the largest of its kind in Africa.