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Nairaland Forum / Nairaland / General / Business / Aliko Dangote Still On Top Of Forbes Africa Rich List (12551 Views)
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Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by asids55: 5:07pm On Nov 21, 2012 |
ebamma 3: Ebamma3 you be the 1billiont richest man in the world |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by kaeycea(m): 5:07pm On Nov 21, 2012 |
I'm worth one billion naira in those failed nigeria banks... I will soon retrieve my billions.. |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by prettyboi1(m): 5:08pm On Nov 21, 2012 |
obowunmi: A monopolist is not the epitome of success.Then what is the epitome of success? I guess it's "staying on nairaland & hating on people's success like most Nigerians do right?" This man didn't choose to monopolize the Nigerian market rather the Nigerians chose to make him monopolize the sector. While Nigerians like you didnt/don't believe in your country, the man was/is working hard to come up with commodities that the average Nigerian can't do without. If that isn't being business-smart, then I don't know what it is. Where are the other Nigerians that have money.? Why haven't they been able to break into the monopoly like people like Dangote, Adenuga, & the Innoson chairman etc? 1. They are either not business -smart or they are lazying about & waiting to steal government money. 2. They don't believe in Nigeria or the Nigerian market. 3. They lack innovation. Even on here on Nairaland, many people have bad-mouthed Innoson motors & said they won't ever buy a car made in Nigeria. Well guess what? That doesn't change the c. e. o's ambitions & when in a few years he's being tagged as one of the richest men, lazy Nigerians as always would accuse him of being a thief who has monopolized the Nigerian market. 2 Likes |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by solbil: 5:12pm On Nov 21, 2012 |
msauza the looser, what has your anti nigerian sentiment fetched you if not a circadian rythm of cronic migraine? You asked how dangote's wealth could jump that much in a short time. Well let me give you the lil education you have refused to give to yourself. At a point in time, there was a situation in the cement market here in nigeria that made it possible for dangote to bring down his price far below that of his competitors so that his competitors began loosing customers. The option left for the competitors was to sell off their company which they did when a juicy offer came from dangote. After acquiring his competitors, he immediately pushed cement prices to about 300-400percent of the original price of cement. He took over all limestone deposites in nigeria. Thats how his company grew so rapidly in that short time. Before he did all these take over, he was worth only 3bn dollar. And at the begining of last year, he was worth 13.4bn. The man is a genius! Thats the truth. 1 Like |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by pappyt(m): 5:16pm On Nov 21, 2012 |
GBAM, lobatan |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Skywalker5(m): 5:19pm On Nov 21, 2012 |
After he monopolized the industry for so long, i am not surprised he his the richest in Africa. However i am surprised he is not on top 5 in the world |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by pappyt(m): 5:22pm On Nov 21, 2012 |
GBAM lobatan |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Skywalker5(m): 5:23pm On Nov 21, 2012 |
solbil: msauza the looser, what has your anti nigerian sentiment fetched you if not a circadian rythm of cronic migraine? Is that being a genius? increased price by 400% because he knows he controls the cement industry.No regulatory body in Nigeria. He can do what he likes |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by prettyboi1(m): 5:27pm On Nov 21, 2012 |
ehie: which money?Lazy man This girl. You really need to kiss me. I haven't seen a reply of yours that I hate yet. I think we kinda think alike. |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Msauza(m): 5:27pm On Nov 21, 2012 |
Wallie:. My 1 Like |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Skywalker5(m): 5:29pm On Nov 21, 2012 |
Msauza: . My dear friend, let me first start to introduce myself accordingly. I am a Nigerian/South African born of a SA mother and Nigerian father. I have two degrees in my name, being, BA (politics with economics and law) obtained from Potchefstroom University and was credited with my law modules by Wits University to study law further, wherein I successfully completed my LLB in 2010, after three years of academic study. My father is a prof in one of the most reputable universities in SA and he specialises in Economics and Public Administration and also holds MBA. I come from academic family and am well educated than you can ever imagine. I am currently serving my articles as an candidate attorney under a well experienced group of white attorneys. I find it very difficult that you undermined my intelligence by suggesting that I do not know how Forbes Mag works. Look at my comments above, where I highlighted something about Nicky Oppenheimer's assets. Forbes evaluates people by means of their assets, not a cash in their bank accounts. What a desperate underestimate of a person!!! Forbes is the subject of the west to fool us. I repeat, Dangote is not a richest man in Africa, this is a cooked propaganda the west devised after were confronted with many questions as to why whites SA always tops the list of Forbes Africa's richest. That was the loophole by the west of mistakenly giving concrete evidence to the world that Africa,s economy is in the hands of white monopoly capital. The issue of this magazine was suddenly suspended without further notice as it was polarising the society. If you want to know more come to me. |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by prettyboi1(m): 5:36pm On Nov 21, 2012 |
Lazy people always hate on tycoons. That's a fact. Let's be honest Dangote is a super-talented entrepreneur so he deserves his wealth. 1 Like |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Nobody: 5:36pm On Nov 21, 2012 |
ehie: Crab in the basket syndrome, The guys just analytically explained what he/she thinks is the reason behind it, but a fool like you just ignorantly wrote down something a fallacy with no meaning. 1 Like |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Mavrick2012: 5:37pm On Nov 21, 2012 |
So non of our pastoprenures don ovatake dis malam?wel,its a mata of time sha |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Skywalker5(m): 5:43pm On Nov 21, 2012 |
Mavrick2012: So non of our pastoprenures don ovatake dis malam?wel,its a mata of time sha |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Wallie(m): 5:54pm On Nov 21, 2012 |
Msauza: . My dear friend, let me first start to introduce myself accordingly. I am a Nigerian/South African born of a SA mother and Nigerian father. I have two degrees in my name, being, BA (politics with economics and law) obtained from Potchefstroom University and was credited with my law modules by Wits University to study law further, wherein I successfully completed my LLB in 2010, after three years of academic study. My father is a prof in one of the most reputable universities in SA and he specialises in Economics and Public Administration and also holds MBA. I come from academic family and am well educated than you can ever imagine. I am currently serving my articles as an candidate attorney under a well experienced group of white attorneys. I find it very difficult that you undermined my intelligence by suggesting that I do not know how Forbes Mag works. Look at my comments above, where I highlighted something about Nicky Oppenheimer's assets. Forbes evaluates people by means of their assets, not a cash in their bank accounts. What a desperate underestimate of a person!!! Forbes is the subject of the west to fool us. I repeat, Dangote is not a richest man in Africa, this is a cooked propaganda the west devised after were confronted with many questions as to why whites SA always tops the list of Forbes Africa's richest. That was the loophole by the west of mistakenly giving concrete evidence to the world that Africa,s economy is in the hands of white monopoly capital. The issue of this magazine was suddenly suspended without further notice as it was polarising the society. If you want to know more come to me. My dear friend, you seem to underestimate the caliber of people that post on Nairaland also! I have multiple degrees also and so do most of my family members. By the way, I also have a law degree (Juris Doctor) and currently do practice Patent Law in the US. (Use Google to determine what it takes to obtain a JD and practice patent law in the US). I’m a little confused as to the significance of practicing under “white” attorneys. Are white attorneys the “gold” standard over there; kinda like going to Ivy League schools? I'll give you another chance to impress me! I can see why your myopic twisted view of white superiority will make you think blacks can never be better than whites at any point in time! I wonder if critical reasoning was skipped as a critical element to your LLB education. More than 50 reporters in 16 countries worked on compiling our 25th anniversary World’s Billionaires rankings. Throughout the year our reporters meet with the list candidates and their handlers and interview employees, rivals, attorneys and securities analysts. We keep track of their moves: the deals they negotiate, the land they’re selling, the paintings they’re buying, the causes they give to. To estimate billionaires’ net worths we value individuals’ assets, including stakes in public and private companies, real estate, yachts, art and cash–and account for debt. http://www.forbes.com/sites/kerryadolan/2012/03/07/methodology-how-we-crunch-the-numbers/ 1 Like |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Skywalker5(m): 5:57pm On Nov 21, 2012 |
Wallie: lol Are you both competing? |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Nobody: 6:12pm On Nov 21, 2012 |
adicious: all these for another person money shey?no mind am. Very useless fellow. |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Wallie(m): 6:22pm On Nov 21, 2012 |
Sky-walker: Competing ke? The guy thinks he’s something special or some kind of an anomaly! I’m trying to get him to understand that throwing his education around to gain credence only works in SA or at the bar! How can he impress me with his education when I'm more educated and experienced than he his? 2 Likes |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Nobody: 6:27pm On Nov 21, 2012 |
Msauza: . My dear friend, let me first start to introduce myself accordingly. I am a Nigerian/South African born of a SA mother and Nigerian father. I have two degrees in my name, being, BA (politics with economics and law) obtained from Potchefstroom University and was credited with my law modules by Wits University to study law further, wherein I successfully completed my LLB in 2010, after three years of academic study. My father is a prof in one of the most reputable universities in SA and he specialises in Economics and Public Administration and also holds MBA. I come from academic family and am well educated than you can ever imagine. I am currently serving my articles as an candidate attorney under a well experienced group of white attorneys. I find it very difficult that you undermined my intelligence by suggesting that I do not know how Forbes Mag works. Look at my comments above, where I highlighted something about Nicky Oppenheimer's assets. Forbes evaluates people by means of their assets, not a cash in their bank accounts. What a desperate underestimate of a person!!! Forbes is the subject of the west to fool us. I repeat, Dangote is not a richest man in Africa, this is a cooked propaganda the west devised after were confronted with many questions as to why whites SA always tops the list of Forbes Africa's richest. That was the loophole by the west of mistakenly giving concrete evidence to the world that Africa,s economy is in the hands of white monopoly capital. The issue of this magazine was suddenly suspended without further notice as it was polarising the society. If you want to know more come to me. Bravo! Bravo!! Bravo!!! Let me remind you of who I am. I went to 12 Primary Schools in 10 States in Nigeria. Born of Garri selling mother and Soup cooking father. Which makes me a well-fed son of my parent. I went ahead to struggle in the streets of Lagos Nigeria. I can assure you that conspiracy theories precedes you. I want to enlighten you that there is no natural injunction that a black man can not be wealthier than the white folks. Forbes is not racist as you think. Just as number one man in the world today is a black man. Sometimes people confuse academic knowledge with common sense, oyibo calls it native intelligence. But let me chip in that common sense is not so common, and that wisdom is applied knowledge, so right now, you have acquired too much knowledge and you havent applied it at all. What does that make you ? A conspiracy theorist and an academic boy with no wisdom. Dangote remains Africa's Richest, Nigeria's Pride and my Hero. Take it or Hug the nearest transformer. 1 Like |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Msauza(m): 6:42pm On Nov 21, 2012 |
@ Willie, the ( B.Juris) is an outdated version of legal qualifications in South Africa, irrespective of what level, Masters or Doctorate you've achieved. With that kind of qualification, you might not be able to practice as a lawyer in South African judicial melieu. That qualification has long been phased out and is no longer offered, unless your are some dinosaur of the past generations. Presently, in SA the minimum requirements to practise as lawyer is to possession of an LLB, where you can chose to be groomed as an advocate or attorney. |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Msauza(m): 6:43pm On Nov 21, 2012 |
@ Willie, the ( B.Juris) is an outdated version of legal qualifications in South Africa, irrespective of what level, Masters or Doctorate you've achieved. With that kind of qualification, you might not be able to practise as a lawyer in South African judicial melieu. That qualification has long been phased out and is no longer offered, unless your are some dinosaur of the past generations. Presently, in SA the minimum requirements to practise as lawyer is to possession of an LLB, where you can chose to be groomed as an advocate or attorney. |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by aglomar: 6:43pm On Nov 21, 2012 |
A beneficiary of d Nigerian system |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Msauza(m): 6:44pm On Nov 21, 2012 |
@ Willie, the ( B.Juris) is an outdated version of legal qualifications in South Africa, irrespective of what level, Masters or Doctorate you've achieved. With that kind of qualification, you might not be able to practise as a lawyer in South African judicial mealieu. That qualification has long been phased out and is no longer offered, unless your are some dinosaur of the past generations. Presently, in SA the minimum requirements to practise as lawyer is to possession of an LLB, where you can chose to be groomed as an advocate or attorney. |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Wallie(m): 6:53pm On Nov 21, 2012 |
Msauza: @ Willie, the ( B.Juris) is an outdated version of legal qualifications in South Africa, irrespective of what level, Masters or Doctorate you've achieved. With that kind of qualification, you might not be able to practise as a lawyer in South African judicial mealieu. That qualification has long been phased out and is no longer offered, unless your are some dinosaur of the past generations. Presently, in SA the minimum requirements to practise as lawyer is to possession of an LLB, where you can chose to be groomed as an advocate or attorney. I think you have no idea what Juris Doctor (JD). In the US, to go to law school, you need to have a first degree. Here's what's required in South Africa: In South Africa,[7][8] the LL.B. is the universal legal qualification for admission and enrollment as an Advocate or Attorney; see split profession. Since 1998, LL.B. programmes may be entered directly at the undergraduate level, at the same time, the LL.B. continues to be offered postgraduate and may then be accelerated dependent on the bachelor's degree. The programme lasts between two and four years correspondingly [9] (compare Australia, above). See Bachelor of Laws: South Africa. Here's what's required in the US: In the United States, law is a Doctoral degree, the pursuit of which students undertake only after having completed an undergraduate degree in some other field (usually a bachelor's degree). The law school program is considered to be a professional school program and upon graduation you receive the distinct title of Doctor. Though attorneys rarely if ever use the title 'doctor' even though they are entitled to by both degree and etiquette. The undergraduate degree can be in any field, though most American lawyers hold bachelor's degrees in the humanities and social sciences. American law schools are usually an autonomous entity within a larger university, though there are independent institutions. http://en.wikipedia.org/wiki/Legal_education_in_South_Africa#South_Africa |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by topmostg: 7:08pm On Nov 21, 2012 |
Msauza: . My dear friend, let me first start to introduce myself accordingly. I am a Nigerian/South African born of a SA mother and Nigerian father. I have two degrees in my name, being, BA (politics with economics and law) obtained from Potchefstroom University and was credited with my law modules by Wits University to study law further, wherein I successfully completed my LLB in 2010, after three years of academic study. My father is a prof in one of the most reputable universities in SA and he specialises in Economics and Public Administration and also holds MBA. I come from academic family and am well educated than you can ever imagine. I am currently serving my articles as an candidate attorney under a well experienced group of white attorneys. I find it very difficult that you undermined my intelligence by suggesting that I do not know how Forbes Mag works. Look at my comments above, where I highlighted something about Nicky Oppenheimer's assets. Forbes evaluates people by means of their assets, not a cash in their bank accounts. What a desperate underestimate of a person!!! Forbes is the subject of the west to fool us. I repeat, Dangote is not a richest man in Africa, this is a cooked propaganda the west devised after were confronted with many questions as to why whites SA always tops the list of Forbes Africa's richest. That was the loophole by the west of mistakenly giving concrete evidence to the world that Africa,s economy is in the hands of white monopoly capital. The issue of this magazine was suddenly suspended without further notice as it was polarising the society. If you want to know more come to me.however, ur papa rich pass am? |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Nobody: 7:25pm On Nov 21, 2012 |
pretty_boi: Lazy people always hate on tycoons. That's a fact. Let's be honest Dangote is a super-talented entrepreneur so he deserves his wealth.kiss u back |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by kelsonpoint(m): 7:28pm On Nov 21, 2012 |
That chairman still hold enough pepper Who God has blessed no man can curse |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Msauza(m): 7:29pm On Nov 21, 2012 |
Billyonaire:. My dear, the truth hurts and it makes you to be completely ignorant, especially where western forces prevails. Many Nigerians know nothing about political education, were never even engaged about communism, radical and militant politics. You need the teachings of Che Guevara and Nkwame Nkruma, the great revolutionaries who engaged us about neo-colonialism. There is nothing about conspiracy theories in what I have just said and if you want the truth ask Aliko Dangote about how much is he worth. I am 100% certain that he would not agree with what Forbes had suggested. White monopoly capital rakes in billions of dollars year after year by owning huge stakes in ANGLO GOLD and ANGLO PLATINUM, yet they are not being rated by Forbes. Forbes in on a mission to protect wealth of white SA by pushing black faces or so to say people of colour to make it look like Africa,s economy is in the hands of blacks. I say it again DE BEERS is worth a net total of over $38B, yet is advertantly left out off its owners wealth. Why? Is it because we Africans believe whatever nonsense a white man says, simply because are inventors of Aeroplanes and cars. What we should ask is what criteria do they use to rate specifically Africans. How many Africans are part of a team that rates wealth of people of colour? |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Msauza(m): 8:00pm On Nov 21, 2012 |
@ Willie, what difference does it make, D.Juris is equivalent to LLB. Americans like to over-rate their qualifications unnecessarily. Besides, I have studied with many American citizens and British students through an exchange student programme in Wits, who rather preferred to study law in SA, because they claimed South African trained lawyers are among the best lawyers in the world. |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by abohrandy: 8:07pm On Nov 21, 2012 |
adicious: all these for another person money shey? as in eh!! i taya for the matter!! |
Re: Aliko Dangote Still On Top Of Forbes Africa Rich List by Nobody: 8:14pm On Nov 21, 2012 |
ka ching...the sound of dangote making a million naira as someone was quoting wiki and bragging about his archaic degrees |
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