BUSINESS

Aliko Dangote Nears Historic $30 Billion Net Worth as Wealth Surges in 2025

vivian peter August 11, 2025 0

Africa’s richest individual, Aliko Dangote, is swiftly approaching a historic net worth of $30 billion, driven by robust performance across his industrial empire.

According to data compiled by Nairametrics, Dangote’s net worth now stands at approximately $29.3 billion, a staggering increase of $1.23 billion year-to-date, largely fueled by gains in Dangote Cement and Dangote Sugar shares.

This surge cements Dangote’s unprecedented dominance as the continent's wealthiest, propelled further by the full-scale operation of Africa’s largest refinery. The Dangote Petroleum Refinery and Petrochemicals facility — a $20 billion megaproject — continues to reshape Nigeria’s refined fuel landscape.

Equally telling, Bloomberg’s Billionaires Index reported his fortune climbing from under $28 billion to $29.3 billion this year, marking gains driven by strong performance in both cement and sugar sectors.

If this trajectory continues, Dangote is poised to become the first African billionaire to reach a $30 billion net worth, a milestone with profound symbolic and economic significance.

 

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