I once withdrew $10m just to look at – Dangote (Video)

Africa’s richest man, Aliko Dangote has revealed that he once withdrew $10 million just to look at it and convince himself that he is rich.

He stated this while speaking at the Mo Ibrahim governance weekend ongoing in Abidjan, saying that he knew he was rich on paper but had to convince himself that he was indeed rich.

So he drove to a bank, withdrew $10 million, took it home, put it on his bed, looked at it, and returned it back to the bank the following day.

“The way it is that when you first start business, your target is to make your first million. Fine, I did that,” Dangote told Mo Ibrahim.

“After a year or so, I realised that I had much more, and I said ok, fine, all these numbers are just written numbers.

“One day I went to a bank, and at that time, there were no restrictions, and I wrote a cheque and cashed $10m from the bank and put it in the boot of my vehicle, and I went home and I opened it and I looked at $10m and I said ‘now I believe I have money’.”

Watch the video below;

The Nigerian businessman has been the richest man in Africa for nearly a decade, following the expansion of his cement business, and the change of model to focus on local manufacturing.

According to the Bloomberg Billionaires Index, Dangote is the 74th richest man in the world as of April 6, and he is valued at $16.4 billion.