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Khest Media > Actu > Business > Is Dangote’s Jet Truly Worth $78 Million?
Business

Is Dangote’s Jet Truly Worth $78 Million?

Business Elites Africa
Last updated: 02/05/2025
Business Elites Africa Business
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When Africa’s richest man decides to allotment with regarded as one of his prized sources, americans naturally rob explore. That’s precisely what’s happening as Aliko Dangote’s luxurious Bombardier World 7500 hits the market with a ticket of as a lot as $78 million. 

But what makes this jet so particular, and is it for gallop value that style of cash?

Let’s dig in.

Jet constructed for power, internet internet site, and opulent

Dangote’s plane isn’t good any non-public jet. It’s a 2020 Bombardier World 7500, widely regarded as regarded as one of many finest industry jets ever made. 

It’s constructed for prolonged-haul crawl back and forth, extremely-luxurious, and elite efficiency, with a unfold of additional than 7,700 nautical miles and a top cruising tempo shut to Mach 0.93. For context, that’s sufficient vary to flee nonstop from Lagos to Los Angeles.

With good 1,527 flight hours, this particular jet is kind of contemporary in aviation phrases. It’s been meticulously maintained by Dangote’s group, kept in a non-public hangar, and operated beneath single ownership, all factors that add ravishing value on the resale market.

Within the Cabin – Floating comfort at 40,000 feet

This isn’t good a jet; it’s a flying penthouse. The cabin seats as a lot as 18 passengers in entire comfort, with zones tailored for industry, eating, and relaxation. 

A non-public stateroom, heated floor, and a constructed-in bidet are good just among the excessive-waste touches that invent the interior feel much less like an organization system and additional like a luxurious hotel suite.

For prolonged-haul vacationers or globe-trotting billionaires, these choices aren’t good luxuries — they’re necessities. The plane’s SmartLink Plus connectivity ensures productiveness doesn’t halt midair, whereas a entirely geared up galley (entire with steam oven and warming drawer) permits connoisseur meals to be served onboard.

A Strategic Switch, No longer a Sell-Off

This isn’t Dangote’s first time reshuffling his aviation portfolio. In 2023, he do but every other jet, a Bombardier World Recount XRS he equipped in 2010 up for sale. 

It marked a leisurely transition away from older models towards extra atmosphere friendly, slicing-edge plane.

This crawl aligns with a rising sample amongst the extremely-filthy rich: they’re no longer amassing extra luxurious objects, but refining what they have. For some, it’s about downsizing their footprint; for others, it’s about keeping only the very simplest. 

Dangote seems to be to be to drop into the latter camp, upgrading his non-public aviation sport, no longer exiting it.

A Broader Nigerian Billionaire Trend

Dangote isn’t alone in his taste for top-tier jets. Other Nigerian billionaires like Folorunsho Alakija and Mike Adenuga additionally have Bombardier plane. These jets are no longer good internet internet site symbols; they’re strategic tools for mobility, entry, and world industry.

As wealth in Nigeria grows, especially amongst industrialists and oil magnates — so does the quiz for non-public aviation that matches their ambitions. But even amongst that elite group, Dangote’s World 7500 stands in a league of its have.

Is it for gallop value $78 Million?

Certain, to the correct purchaser. For someone procuring for a almost-contemporary, top-of-the-line industry jet with the pedigree of being owned by Africa’s most a success industrialist, the value is justified. It’s no longer good in regards to the jet’s specs, though those are impressive. 

It’s about owning a fraction of contemporary aviation royalty, a mix of efficiency, comfort, and internet internet site.

To others, it might perhaps well seem like an extravagant designate for a mode of crawl back and forth. But within the enviornment of excessive-stakes industry and billion-dollar decisions, this style of plane isn’t good transportation,  it’s an extension of identity, impact, and empire.

Learn More

Contents
Jet constructed for power, internet internet site, and opulentWithin the Cabin – Floating comfort at 40,000 feetA Strategic Switch, No longer a Sell-OffA Broader Nigerian Billionaire TrendIs it for gallop value $78 Million?

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