The richest man in Africa, Aliko Dangote has revealed that he has no houses abroad noting that having a house outside Nigeria is a waste of money.
He disclosed this this revelation in a recent submission at the 2019 Mo Ibrahim Forum, where he hinted that he avoids luxury things because they distract and take time.
Although he noted that people working for him have houses abroad, he stated emphatically that he has none outside Nigeria.
“I don’t have any holiday home anywhere. I don’t have a house anywhere but I know people who are working for me…they have houses in London.
But you see, a lot of people, even the younger ones, we need to be very careful because one of biggest issues with us as Africans is that we spend our projected incomes.
Once you start doing business [and] it starts doing well, but rather than for you to invest more in the business, you start spending thinking that profit will continue to come.
There are ups and downs in business so you need to be very focused.”, he noted.
Source: ghgossip.com
