Africa’s richest man, Aliko Dangote, plans to donate one-third of his wealth to charity as part of his succession plan. Halima Dangote, his daughter and trustee of the Aliko Dangote Foundation, disclosed the plan in a Bloomberg interview published on Tuesday.

Dangote heirs have officially backed a plan to commit one-third of the billionaire’s estimated $36.5 billion fortune to philanthropic causes

Aliko Dangote plans to dedicate one-third of his wealth to charity, with his heirs publicly backing the succession strategy behind Africa’s largest business empire