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The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) - Business (2) - Nairaland

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Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by A305: 11:05am On Jan 14, 2020
This is inspiring. Long line of wealth. Educational and informative, This is the best historical content I have read on Nairaland since I joined back in 2011.

Meanwhile let me go back to selling that Cheap Lexus on my page, since we NOT from Dangote bloodline, we need to survive the stilfling competition and harsh business climate.

1 Like

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by khaykay15(f): 11:06am On Jan 14, 2020
chai
Long story..let me grab popcorn
Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Alvin212(m): 11:08am On Jan 14, 2020
Corrupt government makes me rich.


Dangote and Dandata

5 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Tchange1(m): 11:09am On Jan 14, 2020
How comes my own name is not on the list.
Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Keenmind2019(m): 11:09am On Jan 14, 2020
wat phuckeey is this
Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by SaChither(m): 11:12am On Jan 14, 2020
Abeg If U Know Say U No Read D Long Story Hit The Like Button

3 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Nobody: 11:13am On Jan 14, 2020
Great read
Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by BanevsJoker(m): 11:14am On Jan 14, 2020
supercase1:
Dangote is just been used as a frontman by corrupt politicians from the north!!!!!!! forget all these longbullshit talks
Money laundering conduit-pipe.

2 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Nickshrapnel: 11:15am On Jan 14, 2020
Mr Naptu2, I seems to have read this article before, did you repost?

1 Like

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by BanevsJoker(m): 11:15am On Jan 14, 2020
Alvin212:
Corrupt government makes me rich.


Dangote and Dandata
Remember how they conspired to put Ibeto out of business.

3 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by naptu2: 11:16am On Jan 14, 2020
Nickshrapnel:
Mr Naptu2, I seems to have read this article before, did you repost?

It's explained in the first post. Read the last sentence in the first post.

3 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by AFONJACOW(m): 11:18am On Jan 14, 2020
Dynasty of billionaire with government monopoly and patronage...

11 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Nickshrapnel: 11:18am On Jan 14, 2020
naptu2:


It's explained in the first post. Read the last sentence in the first post.
Okay, I’ll read again, thanks sir

1 Like

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by anonimi: 11:23am On Jan 14, 2020
naptu2:
Abdullahi already had a reputation of some wealth from his ventures with his father and therefore inherited his father’s position as a recognised and respected madugu. Like his father, he preferred the Nupe and Gonja routes. He specialised in the exchange of Kano dyed cloth, cattle, slaves and so on for the kola of the Akan forest.

Before the Europeans came, blacks traded themselves as slaves to the Arabs.
Those Africans who ask for reparations from the whites should first pay reparations to the descendants of the slaves in the Arabian peninsular and elsewhere.
The horrors of Arabs enslaving blacks continues today in Libya.


7 Likes 1 Share

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Wallade(m): 11:25am On Jan 14, 2020
I like the epistles that you wrote about the Dantatas and Dangotes dynasties. I appreciate their wealth and contribution to the society.

However, there are a lot of silent and wealthy people in Nigeria that you do not know. Most of them source dirty money, they cleaned the money, are in the process of cleaning the money and are still cleaning the dirty money till tomorrow.

A lot of them clean the money through Dangote and some other business entities. In other words, the Dangotes dynasty is a success story that is still being written as I write despite that it is driven by dirty money and proxy investments. The major actor - Alhaji Dangote - is a front for some rogues, politicians, government officials and money launderers.

This is my personal opinion, speculation or position. You don't have to believe me.

7 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by wink2015(m): 11:30am On Jan 14, 2020
Very educative.

The Dangote family started wealth building many years back.

NO BI TODAY !

But we need more Dangote in Nigeria to build the economy.

We are tired of POLIT-THIEF-CIAN whose major aim is to loot the treasury and making life more miserable for the common man.

2 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by joezy11(m): 11:31am On Jan 14, 2020
With what I just read, this families can never be poor....

4 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by SEGLIZ: 11:35am On Jan 14, 2020
great one.
they are everywhere.
Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by SangoOlukosoOba(m): 11:36am On Jan 14, 2020
Alvin212:
Corrupt government makes me rich.


Dangote and Dandata

Shattap please!

3 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Nickshrapnel: 11:40am On Jan 14, 2020
joezy11:
With what I just read, this families can never be poor....
While they may never be poor again, they won’t remain the richest

3 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by SangoOlukosoOba(m): 11:40am On Jan 14, 2020
supercase1:
Dangote is just been used as a frontman by corrupt politicians from the north!!!!!!! forget all these longbullshit talks

Read una no go read.

3 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by SangoOlukosoOba(m): 11:42am On Jan 14, 2020
Wallade:
I like the epistles that you wrote about the Dantatas and Dangotes dynasties. I appreciate their wealth and contribution to the society.

However, there are a lot of silent and wealthy people in Nigeria that you do not know. Most of them source dirty money, they cleaned the money, are in the process of cleaning the money and are still cleaning the dirty money till tomorrow.

A lot of them clean the money through Dangote and some other business entities. In other words, the Dangotes dynasty is a success story that is still being written as I write despite that it is driven by dirty money and proxy investments. The major actor - Alhaji Dangote - is a front for some rogues, politicians, government officials and money launderers.

This is my personal opinion, speculation or position. You don't have to believe me.

We have heard you.

Tell us another story!

5 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Wallade(m): 11:47am On Jan 14, 2020
SangoOlukosoOba:


We have heard you.

Tell us another story!

This one dey pain you abi?

1 Like

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by naptu2: 11:49am On Jan 14, 2020
SangoOlukosoOba:


Read una no go read.



grin Some people (especially on the first page) are reacting based on what they've heard before, without actually reading what's written here.

3 Likes 1 Share

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by SocialJustice: 11:49am On Jan 14, 2020
Great read.
Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by KingAzubuike(f): 11:49am On Jan 14, 2020
quaintbloke:
I think we should be very circumspect with supposed rags to riches stories cos they're baked in half truths.
One theme runs through all these stories, they had a good and respected family name.
In 10yrs time, someone would wake up and run a well lettered story of how Awolowo's grandson or Otedola's great grand kid became a billionaire by dint of hard work, forgetting that the family name alone guarantees open doors.
Again let's not discountenance the fact that these guys got up there with favourable government policies and patronage.
Stories like this make the average Nigerian depressed cos the average Nigerian is smart and hardworking but they haven't made their millions due to unfavourable government policies.
Thumbs up. If you're from a rich background, the pathway to success is already very easy for you.

3 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Xisnin(m): 11:52am On Jan 14, 2020
herzernIsHere:
No scientific breakthrough.

No strong ideological movement.

Just buy, withold, and sell. Anybody can do this.

We need to start celebrating people whose knowledge of science and technology through thorough research and breakthrough will help shape the lifestyle of our unborn children positively not these lucky individuals who rode on the predatory Northern Nigeria hegemony to build wealth.

I'm out!

That is how most people make their money in every country in the world.
Anybody can do it but very few are competent.

8 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by tammie24: 11:57am On Jan 14, 2020
Story story
Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Nobody: 11:59am On Jan 14, 2020
Dangote is operating on the OPM principles.

Other People's Money (OPM) is Hedge Fund vehicle that pays RoI to stakeholders as a surrogate and running the enterprise under the brand.

Dangote does not dine with politicians for nothing.

Make una dey use una brain small.
Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by Dogalmighty17: 12:01pm On Jan 14, 2020
The matriach of this family is Feeding 5000 people a day! Talk about impact and she isn't shouting it on social media. Our kurukere churches will do something small and wouldn't allow us to hear word.

3 Likes

Re: The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires (2020) by naptu2: 12:01pm On Jan 14, 2020
naptu2:


grin Some people (especially on the first page) are reacting based on what they've heard before, without actually reading what's written here.

And those same people have made the thread about Dangote, when it's not really just about him. grin

1 Like

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