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0.000230627306273181 0.000461254612546198 0.000230627306273181 0.000230627306273181 0.00230627306273066 0.00149907749077502 0.00219095940959423 0.00253690036900368
Stock impact report

Africa's Richest Person Plans to Open a Family Office in Dubai [BNN Bloomberg (Canada)]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: BNN Bloomberg
With a $13.2 billion fortune, Dangote ranks as the wealthiest African and the 168th-richest person in the world, according to the Bloomberg Billionaires Index. He made his money from commodities like cement and sugar, and recently opened a $20 billion oil refinery — the largest of its kind in Africa. His family office in Dubai will seek out global investments to diversify the group's holdings beyond industrials, Dangote, 67, said in an interview Monday. It will initially look to co-invest with families, firms or institutions that bring unique expertise of sectors and companies. “It's not good to reinvent the wheel,” Dangote said. “We're new and we want to do it gradually.” His daughter Halima moved to Dubai last month to manage the firm that's based out of Dangote Group's office, which the billionaire said he's owned for 17 years. While a large part of Dangote's assets are in Nigeria and elsewhere in Africa, his holding company is based overseas, the tycoon said. That's because Show less Read more
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