Africa’s richest man, Dangote Aliko Dangote, has officially reached a net worth of $30 billion according to the latest Bloomberg Billionaires Index (October 23, 2025). This achievement makes him the first self-made African in history to hit the $30B milestone.
Dangote’s wealth continues to grow through his expansive business empire which includes:Dangote Cement Dangote Sugar,Dangote Refinery,Dangote Salt,Rice & Flour Mills,Dangote Spaghetti & Macaroni,Dangote Noodles, Sinotruck Assembly,Petit Tomato Paste,Danvita,Mowa Water, Ziza Milk, Dan Q, And multiple large-scale agricultural ventures
His newest $160 million cement plant in Côte d’Ivoire strengthens a network of 11 cement factories across Africa. Meanwhile, the Dangote Refinery in Lagos is expected to double its output to 1.4 million barrels per day, placing it among the largest oil refineries in the world.
This milestone cements Dangote’s legacy as a major player in global industry and a powerful force in Africa’s economic growth.
