Nigerian billionaire Aliko Dangote, known as Africa's richest man, told a forum in Ivory Coast how he once took $10 million in cash out of the bank just to see and understand that this is real money, not just figures on paper, Daily Mail reported quoting AFP.

"When you're young your first million is important, but after, the numbers don't mean much," Dangote noted.

"One day, I cashed 10 million, put them in the boot of my car I put it in my room. I looked at them and thought 'now I believe I have money' and took it back to the bank the next day," he told his audience.

Manufacturing tycoon Aliko Dangote is the richest businessman in Africa. He operates more than 18 subsidiaries across a range of industries, including Dangote Cement, Dangote Flour and Dangote Sugar.

The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote. It is the largest conglomerate in West Africa and one of the largest on the African continent.