Aliko Dangote, the richest man in Africa has a net worth of $23.9 billion as of March 6, 2025

Key takeaways:

  • Africa’s wealthiest individual, Aliko Dangote, is approximately twice as rich as Johann Rupert and Nicky Oppenheimer.
  • Each of the three richest men in Africa have a net worth exceeding $10 billion.
  • Aliko Dangote maintains his status as Africa's wealthiest man, with a fortune that surpasses his closest rival by more than $9 billion.
  • The cumulative net worth of the five richest men in Africa is around $65.2 billion.
  • The difference in net worth between Africa's richest man and the fifth richest man is $17.1 billion.

As of March 6, 2025, Aliko Dangote, the Nigerian industrialist, is recognised as Africa's wealthiest individual, with a net worth of $23.9 billion. His financial success is primarily attributed to his investments in industries like cement, consumer goods, and petroleum.

 

Johann Rupert, the South African mogul in the luxury goods sector, ranks as the second richest person in Africa, with a wealth of $10.4 billion. While, Nicky Oppenheimer, the former owner of De Beers, is positioned as the third wealthiest man in Africa with a net worth of $10.5 billion.

 

Nassef Sawiris, a key figure in Orascom Construction, who has substantial investments in sports, ranked the fourth richest man in Africa and has a net worth of $9.6 billion.

 

The fifth richest man on the continent, Mike Adenuga, accumulated his wealth through Globacom and investments in oil. He has a net worth of $6.8 billion, which places him as the second richest man in Nigeria.

Source:

Forbes

Period:

March 6, 2025
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Nigeria’s richest man has a net worth of $23.9 billion, ranking him as the 86th richest person globally
Key takeaways:
  • The total wealth of Nigeria's top four billionaires amounts to $37.4 billion.
  • Aliko Dangote's fortune accounts for almost 64% of the overall wealth among Nigerian billionaires.
  • Dangote's net worth is more than three times the net worth of Adenuga, and nearly 16 times greater than Otedola's.
  • All four individuals accumulated their wealth primarily through entrepreneurial efforts.
  • The sources of wealth for Nigeria's four richest men span various sectors, including cement, telecommunications, agriculture, and energy.

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