Africa’s richest man, Aliko ÆŠangote, plans to donate one-third of his fortune to charitable causes as part of his succession plan, according to his daughter, Halima ÆŠangote. Speaking in an interview with Bloomberg, Halima, who serves as a trustee of the Aliko ÆŠangote Foundation, revealed that the billionaire has already secured his family’s approval to dedicate 33 percent of his estate to philanthropy. With ÆŠangote’s net worth currently estimated at $35.1 billion by the Bloomberg Billionaires Index, the planned donation would be worth about $11.7 billion. Halima explained that philanthropy…
Read MoreÆŠangote set to donate one-third of his $35.1bn fortune to charity
