It may take some time for the majority of wealthy people to fully appreciate the worth of their resources and holdings.
Aliko Dangote, the richest man in Africa, has revealed details about how he once did something incredible: he went to the bank to withdraw a significant amount of money just to gaze at it. You did really hear correctly!
Aliko Dangote, who according to Forbes is today worth $13.5 billion, recalled making his first $100 million and the events that followed in an interview with Mo Ibrahim in 2019.
“When you first start a business, your target is to make your first million and I did that but after the years went on, I realised I had about US$12 to $13 billion and I said okay fine, all these numbers are just written and so one day, I went the bank where at the time, there were fewer restrictions and so I wrote a cheque to cash of $10 million dollars for myself.
“…So, I put the money in the boot of my vehicle and went home to open it just to look at it which made me believe I truly have money,” a hearty Dangote said while the crowd in the audience laughed and cheered him.
He further revealed that he went to the bank all by himself to cash the cheque, stare at the money at home and returned the money to the bank the following day.
Despite recording a drop in fortune of about $400 million, bringing his wealth to $13.5 billion, Nigerian business magnate, Aliko Dangote still emerged as the wealthiest person in Africa for the twelfth consecutive time.
This was captured in the recently released 2023 list of Africa’s billionaires compiled by Forbes Magazine.
Aliko Dangote, who is noted for being a renowned industrialist, is expected to see his net worth increase on the back of commencing production on an oil and petrochemical refinery, which is set to take off later in 2023.
The day Aliko Dangote withdrew $10 million from the bank just to stare at it.