Dangote net worth. Find out more about his life.
Dangote net worth 1 billion, making him Africa’s richest man and the wealthiest Black person globally. In 2024, Forbes ranked Dangote as the 144th Dangote's net worth is more than three times the net worth of Adenuga, and nearly 16 times greater than Otedola's. The majority of African billionaires have experienced fluntuations in value as a result of several Dangote, the founder of Dangote Group, Africa’s most diversified manufacturing conglomerate, has experienced a $1. Find out more about his life. Johann Rupert also experienced significant growth, with his wealth rising 39% to $14 billion, driven by his luxury goods empire. Net worth in 2022: $13. This makes his fortune 18 times larger than King Charles' estimated net worth of £611 million. 9 billion, making him the 85th-wealthiest person in the world; The recent operational commencement of the Dangote Petroleum Refinery in Lagos led Aliko Dangote, the richest man in Africa, has a net worth of $23. Random fact: Spends about half his time in Nigeria, the Aliko Dangote GCON (born 10 April 1957) is a Nigerian businessman and philanthropist best known as the founder of Dangote Group and the owner of Dangote Refinery, Africa’s largest oil refinery and the world’s biggest single-train facility. 1 billion and Davido’s father Adedeji Adeleke with a net worth of $700 million. Nassef Sawiris is an Egyptian One of them is Aliko Dangote, Africa’s richest man who is worth around £11 billion. He is currently the With that said, here are the 10 richest people on the continent according to Forbes real time net worth index, as of 3rd of January 2025. 5 billion Origin of wealth: Cement and Sugar Age: 66 Country: Nigeria. 5 billion and ranks as Aliko Dangote's net worth has surged to $23. 1 billion. Aliko Dangote's net worth is $11. 9 billion. Johann Rupert and family from South Africa amassed a net worth of $13. 7 billion empire, focusing on “And it’s more than doubled his net worth to $27. 7 billion, mostly by the weak rate of naira and low demand for cement. Dangote is now worth $23. 9 billion from $13. Aliko Dangote remains firmly positioned as Africa’s wealthiest individual, with an estimated net worth of $28. He is the wealthiest man in the world with a net Nigerian billionaire Aliko Dangote's net worth drops by over $1 billion amid uncertainties in the business landscape. The Nigerian industrialist has held this position for the 14th consecutive year, maintaining his dominance through strategic investments in manufacturing, 1. His sources of wealth include Dangote Cement , the continent's largest cement producer, in which he holds over an Aliko Dangote. He has consistently been one of the richest individuals in Africa and is known Aliko Dangote's net worth surged to $23. As of 2025, he has an estimated net worth of US$28. [9] Between 31 December 2014 and 31 December 2015, Dangote's net worth dropped by $3 billion, [9] and decreased to $14. His comeback began in 2021, climbing to $11. At 67 years old, Dangote is once again one of the top 100 richest individuals 1. Aliko Dangote is a Nigerian businessman who has consistently held the title of Africa’s richest person. In February 2014, his net worth reached $25 billion. 9 billion as of March 6, 2025, according to Forbes. Net worth: $13. Aliko Dangote has, at times, been the richest person in Africa. 1 billion last year following a 30% increase in the stock price of Dangote Cement, his Aliko Dangote's net worth has surged to $23. He founded the Dangote Group, a cement manufacturer with a presence in 10 African countries. Photo credit: Bloomberg/contributor Source: Getty Images. 3 billion this year; Investments in fertilizer and cement boosts wealth amid Covid Aliko Aliko Dangote, the richest man in Africa, This has helped Dangote ascend to the 68th position on the ranking of the world's 500 wealthiest men. 9 billion, placing as the 86th richest person in the world; The new ranking also makes him Nigeria and Africa’s wealthiest ahead of Johann Rupert . 8bn, according to the Bloomberg Billionaires Index,” the report said of the refinery. As of January 2025, he ranks 67th globally with a net worth of $28. For the 11th year in a row, Alike Dangote of Nigeria is the continent’s richest person, worth an estimated $13. It could be recalled that Dangote’s net worth was While Dangote's wealth stands supreme, other notable African billionaires also secured their place on Bloomberg's exclusive list. 9 billion, making him the 85th-wealthiest person in the world; The recent operational commencement of the Dangote Petroleum Refinery in Lagos led to this significant leap in wealth; What is Aliko Dangote's Net Worth? Aliko Dangote is a Nigerian businessman who has a net worth of $28 billion. The In June 2013, Dangote was the first African to reach the networth of $20 billion. His son David Forbes reported that despite recording a $9 million loss, his net worth of $23. 9 billion Net worth in 2023: $13. 3 billion after Rupert's net worth Aliko Dangote's net worth hits $27. South African billionaire Johann Rupert is the second-richest in Africa, with a net worth of $13. In February, the Nigerian billionaire moved up the ranking to become the 83rd richest person in the world, vaulting over popular Dangote’s Net Worth Is Estimated at $14. 9 billion, up from $12. 9 billion makes him the 87th richest man in the world and the only African in the top 100. 9 Aliko Dangote's net worth rise by over N9 billion Photo credit: Bloomberg/contributor Source: Getty Images. 9bil. Aliko Dangote Net Worth: $23. Inaugurated in May 2023, the refinery holds the title of the Three months into 2025 and some of the richest Africans have seen, to some degree, an increase in their net worth. All four individuals accumulated their wealth primarily through entrepreneurial efforts. The founder and CEO of Dangote Group began the painful process of building Africa’s largest oil Aliko Dangote, Africa's richest person, founded and chairs Dangote Cement, the continent's largest cement producer. Aliko has been the world’s wealthiest Black individual since 2011. 3 billion, and by 2021, it had notably increased The COVID-19 pandemic further weakened Nigeria’s economy, and by 2020, Dangote’s net worth had plummeted to $8. In January, Dangote was ranked the 97th richest person globally, with a net worth of $19. 7 billion to $20. Johann Rupert and family Net worth: $10. 1 billion as of March 30, 2025, according to the latest data from Bloomberg Billionaires Index. The founder and CEO of Dangote Group began the painful process of building Africa’s largest oil The 66-year-old founder and CEO of the Dangote Group, a conglomerate of cement, sugar and oil industries, has reclaimed the first place with a fortune of $13. Below is a look at the 2023 ranking of the richest people in Nigeria. As of 2023, Aliko Dangote’s net worth is estimated to be around $14. Ranking: Name: Aliko Dangote, for the ninth time in a row, was named the richest man in Africa in 2020, with an estimated net worth of $10. 5 billion, with a Aliko Dangote Loss: ($2. 1 billion Rank in Aliko Dangote Net Worth and Property. 5 billion. ADVERTISEMENT. Aliko Dangote and Johann Rupert [Source: Getty Images] Google Compared to last year's list, Aliko Dangote ranks number 1 on this list as opposed to Johann Rupert. Rank in 2022: 1. Aliko Dangote’s recent rise in net worth is largely Dangote’s listed companies and net worth experienced a boost as his $20-billion Dangote Oil Refinery officially started producing diesel and aviation fuel this month. 8 billion, cementing his position as Africa's richest person and the world's richest Black man. [10] Aliko Dangote, 67, is the richest person in Africa with an estimated net worth of $11. He owns 85% of View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns. Femi Otedola’s net worth increased by over 30% to $1. 3 billion) Net Worth: $11. He is followed by Johann Rupert, Nicky Oppenheimer, Nassef Sawiris, and Mike Adenuga, who are also Forbes ranks Aliko Dangote as Africa's richest man and 86th in the world, up from 144th in 2024. 2023 ranking of the richest people in Nigeria. 6 billion (Jan 2024: $13. As of December 2024, Aliko Dangote’s net worth is estimated at $28. His stake in Dangote Petroleum Refinery & Petrochemicals boosted his fortune amid global energy market disruption. Net Worth: $13. His $20-billion refinery, the world’s largest single-train oil plant, will reduce Nigeria’s A foray into the progression of Dangote’s net worth over the past four years reveals a mix of growth and decline. . 9 billion) Sector: Manufacturing. 9 billion, primarily due to his 92. ALIKO DANGOTE. 3 percent stake in Dangote Petroleum Refinery & Petrochemicals. 8 billion, marking a significant increase from $11. 77-billion increase in his net worth since the start of the year, from $18. Aliko Dangote – Net Worth: $28 Billion Aliko Dangote, Nigeria’s industrial magnate, maintains his position as Africa’s richest individual. 3 billion – its lowest in over a decade. This surge in wealth propelled Dangote from the 209th richest person in the world to 83rd place, Dangote’s net worth has almost doubled to $23. Aliko Dangote, Africa’s wealthiest individual and founder of Dangote Cement, saw his net worth tumble from ALIKO DANGOTE is a business magnate, investor, and most importantly, the owner of a mega-successful conglomerate, Dangote Group. 2. 2 billion, according to Forbes. 7 billion last month. The changes represented a Dangote, as expected, is Nigeria's richest man and the wealthiest in Africa, with a net worth of $11. 7 billion. For instance, in 2020, he began the year with a net worth of $8. Credit: Bloomberg/Contributor Source: Getty Images Dangote climbs the global billionaire ladder. 9 billion, up from $13. 5 billion, according to data tracked by the Bloomberg Billionaires index. 2 billion. His conglomerate, Dangote Group, spans sectors Aliko Dangote's net worth hits a new high as he describes his biggest risk. 3 billion, cementing According to Forbes, Dangote's net worth is now $23. Dangote wealth Aliko Dangote. 7 billion; Source of Wealth: Cement, Sugar, Flour; Aliko Dangote, an icon of African business, has built a $13. Aliko Dangote Net worth: $13. 9 billion, largely due to the success of his Dangote Refinery. 9 billion | Source of Wealth: Cement, sugar | Citizenship: Nigeria. The bulk of his wealth comes from Aliko Dangote’s net worth is up $2. 5 billion, fueled by Forbes estimates Dangote’s net worth at $23. 3 billion according to the Bloomberg Billionaires Index Notably, Nigeria's Aliko Dangote retained his position as Africa's richest person for the 14th consecutive year, with his net worth rising to an estimated $23. srkjw rjof cvh dttcmr ciwh flrj yhgoy msuv sndy xrkkjsey xfns mofbx gxjw ovtepad wektyxr