I Don’t Have A Home Abroad – Aliko Dangote

Popular Billionaire businessman, Aliko Dangote has come out to say that while some of his staff have houses abroad which they use as holiday homes, he has none.

He recently had his say during an interview with Business Insider Africa, and fans have been reacting.

According to him, younger professionals should note that booming business does not give them the right to start spending money on things they do not actually need, rather than keep investing into the business.

Dangote added that there are always ups and downs in business, so those involved need to be stay focused at all times.

His words, “A lot of people even the younger ones, we need to be very careful because one of the biggest issues. With us Africans, it is that we spend our projected incomes.”

“Once you start doing business and the business starts doing well, rather than for you to keep investing into the business, you start spending money and thinking that the profit will continue to come. There are ups and downs in business so you need to be very focused and say ‘Okay fine what do you do and how to do those things.”

“Luxury things, they also take up your time which will not make you focus on your business. I mean, 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 a house in London. But I don’t.”