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Time Magazine Names Dangote Among Top 100 Philanthropists in the World

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Aliko Dangote, the Chairman Aliko Dangote Foundation and President/Chief Executive, Dangote Industries Limited, has been named in the inaugural 2025 TIME100 Philanthropy list, which recognises the 100 most influential leaders shaping the future of philanthropy across the world. Dangote is the only Nigerian on this distinguished list.

The prestigious list, published by TIME Magazine on Tuesday, features Aliko Dangote, whose Foundation spends an average of $35 million a year on programmes across Africa, alongside other global figures in charitable work, such as Michael Bloomberg, Oprah Winfrey, Warren Buffett, and Melinda Gates, all of whom are recognised as Titans.

A total of 100 influential individuals from 28 countries have been honoured for their philanthropic efforts in four categories: Titans, Leaders, Trailblazers, and Innovators, with Dangote emerging as one of the 23 Titans.

TIME highlighted Dangote’s remarkable rise to wealth, having built a fortune of $23.9 billion through ventures in cement, agriculture, and oil refining in Nigeria. However, his philanthropic efforts are equally noteworthy. In 2014, he endowed the Aliko Dangote Foundation with $1.25 billion, with the aim of giving back to the continent that played such a key role in his success. The foundation spends on average of $35 million each year on various initiatives across Nigeria and Africa.

“Investing in nutrition, health, education, and economic empowerment is our contribution to setting Africans up for success” – Dangote remarked, reflecting the foundation’s core priorities.

Among the foundation’s ongoing efforts is a $100 million multi-year initiative to combat severe childhood malnutrition.

Furthermore, an earlier vaccine programme in Nigeria, developed in partnership with the Bill and Melinda Gates Foundation and others, contributed to the World Health Organisation’s 2020 declaration that polio had been eradicated from Africa, Nigeria being the most populous country in Africa and the last country to eradicate the disease.

Education is another area where Dangote is making a significant impact. He recently announced a $10 million donation to the Aliko Dangote University of Science and Technology, based in Kano State. The conglomerate has provided a wealth of infrastructural support to the country’s tertiary institutions.

In 2019, the Federal Government revealed that the N1.2 billion hostel donated by the Aliko Dangote Foundation to Ahmadu Bello University, Zaria, was the largest donation ever made by an individual to a university in Nigeria’s history at that time.

As a member of The Global Business Coalition for Education, the Aliko Dangote Foundation has also focused on early childhood education. Through the Mu Shuka Iri (Let’s Plant a Seed) programme, local women – affectionately known as “Aunties” – are trained in Montessori-style education to become community educators in Kano.

The foundation’s investments in education include providing vocational training and providing scholarships at the secondary and tertiary levels, in addition to offering annual fellowships through the World Economic Forum’s Young Global Leaders programme. “We need to create the next generation of African leaders,” Dangote says, underscoring his commitment to long-term societal change.

“My mother instilled in me the ethos of giving back, which inspired my philanthropy 30 years ago. I trust my three daughters will continue this legacy, just as they will continue to grow our business and impact. I want to be known not just as Africa’s richest person but also as its biggest philanthropist.”

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Personality in Focus

Ooni of Ife, Wife Welcome Twin Sons

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The Ooni of Ife, Adeyeye Ogunwusi, has announced the birth of twin princes with his wife Mariam Ajibola, to the Royal House of Oduduwa.

The monarch disclosed this in a post shared on his official Facebook page on Friday, expressing gratitude to God for the safe delivery of the children and the wellbeing of their mother.

“To God be all the glory and adoration for His wondrous works and abundant blessings once again.

The announcement has drawn congratulatory messages from admirers and members of the Yoruba royal institution celebrating the arrival of the newborn princes.

After his marriage to Naomi Silekunola ended, the Ooni married several queens within a short period in 2022.

Among the queens are Mariam Anako, Elizabeth Akinmuda, Tobiloba Phillips, Ashley Adegoke, Ronke Ademiluyi and Temitope Adesegun.

During celebrations marking his 48th birthday and seventh coronation anniversary, the monarch explained that his marriages were connected to the traditional heritage and responsibilities attached to the throne of Ile-Ife.

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Femi Otedola Reportedly Acquires £53m Mansion in London

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Nigerian entrepreneur, Femi Otedola, has reportedly acquired a mansion in London valued at £53 million, further strengthening the presence of wealthy Nigerian investors in the United Kingdom’s luxury property market.

According to a report by Bloomberg on Thursday, the property is located in St John’s Wood, one of London’s most exclusive residential districts situated close to Regent’s Park.

The report stated that the transaction was concluded late last year, citing a UK filing.

The mansion reportedly features 10 bedrooms alongside luxury facilities including a cinema, spa and cigar room. The property was previously placed on the market for £75 million in 2020, according to media reports.

Otedola is the chairman and majority shareholder of First HoldCo Plc, with business interests spanning finance, energy, shipping and insurance brokerage.

The acquisition comes amid sustained activity in London’s luxury real estate sector despite increased property taxes and adjustments to tax policies affecting foreign residents.

Prime areas such as St John’s Wood, Belgravia and Chelsea continue to attract ultra-wealthy buyers from across the world, with multimillion-pound transactions remaining common in the high-end housing market.

The latest purchase also adds to Otedola’s collection of luxury assets and reflects the continued attraction of London’s upscale neighbourhoods to affluent Nigerian businessmen and corporate executives.

In recent years, several Nigerian business figures have been associated with expensive property acquisitions in the UK capital.

In 2025, Roosevelt Ogbonna, the Chief Executive Officer of Access Bank, was also reported to have acquired a £15 million property in Hampstead, another affluent area in London popular among wealthy foreign investors.

St John’s Wood, where Otedola’s mansion is located, is widely known for its luxury detached homes, privacy and proximity to landmarks such as Regent’s Park and the Lord’s Cricket Ground.

Bloomberg

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Aare EmmanuelKing Congratulates Olofin of Ilisan Remo, Oba Sonuga, on 86th Birthday

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The Borokinni of Ilishan Remo, Sir Aare Adetola EmmanuelKing KOF, has extended warm birthday felicitations to the Olofin of Ilisan Remo, His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, as the revered monarch celebrates his 86th birthday anniversary.

In a statement released to commemorate the royal father’s birthday, Aare Adetola EmmanuelKing described the monarch as a symbol of peace, wisdom, progress, and exemplary royal leadership, whose reign has continued to bring honor and development to Ilisan Remo.

According to him, since ascending the revered throne of his forefathers, the Olofin has consistently demonstrated purposeful leadership and unwavering commitment to the unity, growth, and cultural advancement of the kingdom, while fostering peace and harmony among the people.

He further noted that the monarch’s reign has inspired pride and confidence among indigenes of Ilisan Remo both at home and in the diaspora, adding that Kabiyesi’s dedication to community development and preservation of tradition remains highly commendable.

The Borokinni prayed for continued divine grace, sound health, long life, and greater wisdom for the royal father as he continues his impactful reign on the throne of his ancestors.

“On behalf of my family, associates, and well-wishers, I heartily congratulate His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, the Olofin of Ilisan Remo, on the joyous occasion of his 86th birthday. May Almighty God continue to strengthen Kabiyesi with peace, sound health, and many more years of fruitful reign,” he stated.

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