$5.8bn within 24 hours: Ten winning principles of Aliko Dangote

He is always in the news. Even if he is not personally there, his stupendous wealth, his expansive businesses and global influence would be on the bed of every tongue.

But, on Monday, February 25, Africa’s richest man and the 64^th in the world, Aliko Dangote, inspired a super story when he gained $5.8 billion within 24 hours. As a result, his net worth rose from $9.63 billion to $16. 6 billion.

This happened neither by power nor by might. But also not by miracle! What are the secrets of his fortune? What are the epic principles still working for this amazing man? Here are what phenomenal.com.ng considers to be the secrets of Phenomenal Dagnate…

He knows the secret of trading. The power of the three Cs: Sugar, Salt, Cement.
Aliko Dangote has always allowed his passion for business to rule him.

He says, “I can remember when I was in primary school, I would go and buy cartons of sweets [candy] and I would start selling them just to make money. I was so interested in business, even at that time.”

Your business needs people. Take your dream to meet the crowd. Dangote moved to Lagos in 1977, the same year he established his company.
From selling to manufacturing; from a trading outfit to a conglomerate He knows the value of starting small.
Power of courage: He s ready to take on businesses and loans that scare others. No wonder, he is the one breaking the jinx of the private refinery.
The 61 years old business-man knows how to beat competitors with volumes especially through manufacturing, smart thinking and proactive moves.
No money to waste: Although he is wealthy, he is a very prudent man.
No time for trivialities: he has his friends, really. But he does not engage in lousy escapades.
Dangote tactically supports politicians but he doesn’t play partisan politics.
Aliko Dangote is very much into philanthropy to the extent that he committed $1.2billion to is foundation.
Although, many women will like to fall for his billions, he seems to have a is not known to be a ‘womaniser’ . Indeed, he has more time for work than for women.