Speaking in an interview with Bloomberg, Halima, a trustee of the Aliko Dangote Foundation, disclosed that the billionaire has already obtained his family's approval to dedicate 33 percent of his estate to philanthropy. Based on his estimated net worth of $35.1 billion, the planned donation would be worth approximately $11.7 billion.
She explained that philanthropy has always been a key part of her father's vision and legacy.
“He sort of put all the structure in place whereby we focus a lot on health and education. He actually donated 25 per cent to the foundation. If you look at it, it is what we call in Sharia Code in Islam; it means he has donated 33 per cent of his whole inheritance to his foundation,” she said.
Halima noted that the arrangement is intended to ensure the foundation continues making an impact for generations.
“That is how important it is to him because philanthropy needs to be in existence generation after generation,” she added.
She also revealed that Dangote personally asked his daughters and mother to endorse the will, confirming their support for the decision.
“He asked myself, my two sisters and his mother to sign under that will that he is able to give that 33 per cent to humanity,” she said.
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