Dangote’s Net Worth Soars to $23.9 Billion, Reclaims Spot as Africa’s Richest

[NigerianEye - Nigeria] - 23/08/2025

Forbes reports that Nigerian business magnate Aliko Dangote’s net worth has nearly doubled to $23.9 billion, securing his position as Africa’s richest individual and the 86th wealthiest person globally. The 67-year-old industrialist’s wealth surged from $13.4 billion in 2024, when he ranked 144th on Forbes’ list, marking his return to the global top 100 for the first time since 2018.The dramatic increase is primarily driven by his 92.3% stake in the Dangote Petroleum Refinery & Petrochemicals, a $23 billion facility in Lagos’ Lekki Free Zone. Operational since 2025, the (…)

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