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Career Advice May Lead You to Success Aliko Dangote

Career Advice May Lead You to Success If Your Approach Is Correct

The educational and economic disadvantages of less income black students all around the globe have been in the news for many years; students continue to struggle to complete their studies and gain college degrees. However, one of the significant factors among black students is poor career advice as in almost every part of the world. On the other hand, black students suffer a great deal when they somehow manage to get into some elite university as they don’t easily fit into the category. However, as the time is passing, racial discrimination is minimizing as more and more people are coming out and speaking for themselves and their people. There are people who might have gone through poor career advice in their lives but still managed to get the best even in the times of despair.

America may have its very first black president, but still time is not good for African-Americans. Recent killings of defenseless black teenagers and murder of two New York police officials have ignited racial tension all over. A Bloomberg poll in the month of December concluded that more than 50% of respondents believed that relations based on race have declined ever since Obama was elected in the year 2008.The rate of unemployment for African-Americans stood at 10.4% in December, and this is more than twice of the whites and it has been still there for most of the past 40 years.

In accordance with a research among the 1826 people who successfully made it to the 2015 FORBES list of the World’s top billionaires, 11 of them are actually black and FORBES witnessed this after a long span of time of 9 years. A renowned Nigerian cement industrialist Aliko Dangote still continues to be the richest black person in the world with the net worth of $15.7 billion. Mohammad Al-Amoudi comes after him who is a Saudi-Ethiopian construction tycoon, standing at $10.8 billion. There is more to come, as this year two more business tycoons have joined the list of the richest black people on earth. They are none other than the very famous American basketball legend Michael Jordan and Nigerian energy business tycoon Femi Otedola. Isabel dos Santos is an Angolan investor, American media phenomena Oprah Winfrey and Folorunsho Alakija, the oil woman continues to be on the list of black billionaires on the FORBES list of billionaires.

The richest black person on earth is Aliko Dangote. Dangote suffered a great deal last year in March because of falling stock rates of his four public limited corporations and the latest devaluation of Naira. He still continues to be number one among the 11 richest black people. He started off his fortune by trading sugar, cement, and flour but soon ventured into producing these commodities. His parent company or the crown jewel, Dangote Cement is the biggest producer of cement in whole Africa and has a market value of over $15 billion. He is also considering establishing an oil processing plant that is expected to complete in the year 2016. It is anticipated to have a processing capacity of 400,000 barrels/day, and it is also expected that this will reduce Nigeria’s reliance on oil imports.