Aliko Dangote Net Worth

Aliko Dangote Net Worth

Aliko Dangote Net Worth 2025 – Updated Insights

Aliko Dangote, Africa’s wealthiest individual, continues to dominate the global billionaire rankings in 2025. With a diversified portfolio spanning cement, oil refining, and food production, his estimated net worth stands at $19.8 billion, according to Forbes.

📊 Aliko Dangote Net Worth Breakdown by Industry

🧱 Dangote Cement

As the flagship of his empire, Dangote Cement contributes significantly to his net worth. The company operates in 10+ African countries and controls over 60% of Nigeria’s cement market.

🛢️ Dangote Refinery

Expected to be one of the world’s largest oil refineries, the Dangote Petroleum Refinery adds billions in asset value. The refinery aims to reduce Nigeria’s reliance on imported fuel.

🍜 Food and Agriculture Ventures

Dangote also holds investments in sugar, flour, and pasta manufacturing, contributing to both his wealth and Nigeria’s food security sector.

📅 Net Worth Timeline (Forbes Data)

Year Estimated Net Worth
2021 $11.5 Billion
2022 $13.9 Billion
2023 $17.3 Billion
2024 $19.2 Billion
2025 $19.8 Billion

Source: Forbes Billionaires List

📈 Forbes vs. Bloomberg Wealth Estimates

While Forbes estimates Dangote’s net worth at $19.8B, Bloomberg Billionaires Index places it slightly lower at $18.6B, due to differences in valuation methods. Regardless, both agree on his top position in Africa.

🧬 Early Life and Career Foundations

Born in 1957 in Kano, Nigeria, Aliko Dangote began trading commodities like rice and sugar before launching Dangote Group in 1977. A calculated risk-taker, he reinvested profits to build what is now a multi-billion-dollar empire.

🌐 Business Philosophy and Social Impact

Dangote is known for:

  • Reinvesting 80% of his earnings into Nigeria’s economy
  • Promoting industrialization in West Africa
  • Donating millions through the Dangote Foundation

📌 Frequently Asked Questions

🔹 What is Aliko Dangote’s current net worth?

As of 2025, his estimated net worth is $19.8 billion.

🔹 What is his main source of income?

Dangote Cement is the largest contributor, followed by oil refining and food manufacturing.

🔹 Is Aliko Dangote the richest person in Africa?

Yes. He has consistently topped the Forbes list for over 12 consecutive years.

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