Aliko Dangote’s Daughter Reveals Sh*cking Condition In Billionaire’s Will

Dangote’s daughter, Halima Dangote, disclosed the arrangement in an interview with Bloomberg published on Tuesday, revealing that the billionaire had obtained the support of his family to allocate 33 per cent of his estate to philanthropy.

According to the Bloomberg Billionaires Index, Dangote’s current net worth is estimated at $35.1 billion, meaning one-third of his fortune would be worth about $11.7 billion if his wealth remains at the same level.

Halima explained that her father sees philanthropy as a key part of his legacy and has incorporated the commitment into the family’s succession strategy.

She said Dangote had established a structure focused mainly on healthcare and education, adding that the decision was influenced by Islamic principles regarding charitable giving.

“He put a structure in place where we focus a lot on health and education. He donated 25 per cent to the foundation. In Sharia law, this means he has dedicated 33 per cent of his inheritance to his foundation,” she said.

According to her, Dangote believes charitable work should continue across generations and remain a central part of the family’s values.

“Philanthropy needs to exist generation after generation. Giving back is part of what we do. We believe our success is connected to the impact we make through our philanthropic efforts,” she added.

Halima revealed that her father asked her, her two sisters and his mother to sign the necessary documents in his will to enable the allocation of 33 per cent of his inheritance to humanitarian causes.

The planned donation builds on Dangote’s existing philanthropic activities through the Aliko Dangote Foundation, which was established in 1994.

Halima disclosed that the foundation received an endowment of $1.25 billion about a decade ago and has since received an additional $700 million in funding.

She added that about 70 per cent of the foundation’s spending is focused on projects in Nigeria, while 20 per cent supports initiatives across Africa and the remaining funds are allocated to programmes in other parts of the world.