Africa’s richest man, Aliko Dangote, has made provisions to donate one-third of his wealth to charity as part of his family’s succession and legacy plans, his daughter Halima Dangote has disclosed.
Halima, a trustee of the Aliko Dangote Foundation, made the revelation in an interview with Bloomberg published on Tuesday. She said her father has secured the full support of his family to dedicate 33 per cent of his estate to philanthropy.
With Dangote’s current net worth estimated at $35.1 billion by the Bloomberg Billionaires Index, the planned donation would translate to approximately $11.7 billion for charitable causes.
According to Halima, philanthropy is central to her father’s vision. She explained that the arrangement aligns with Islamic principles (often referred to as one-third in certain inheritance contexts) and has been formally documented.“He actually donated 25 per cent to the foundation. If you look at it, it is what we call in Sharia Code in
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