Aliko Dangote Net Worth In Us Dollars And Naira According To Forbes (2025): Official Estimates
Aliko Dangote is widely recognized as the richest person in Africa, and in 2025, his net worth has reached unprecedented heights. Known primarily for his cement and petroleum enterprises, Dangote has solidified his position as a key industrialist driving Africa’s economic progress. This blog breaks down his current net worth in both US dollars and Nigerian Naira, highlights his major assets, and discusses how his wealth has grown dramatically in recent years.
Aliko Dangote’s Net Worth Overview (2025)
Currency |
Estimated Net Worth |
US Dollars (USD) |
$23.5 billion |
Nigerian Naira (NGN) |
₦18.5 trillion (approx.) |
Note: The Naira amount is based on an exchange rate of approximately 1 USD = 785 NGN.
Key Business Ventures Driving Dangote’s Wealth
Dangote Petroleum Refinery
One of the most significant contributors to Dangote’s wealth surge is his petroleum refinery, located in Nigeria’s Lekki Free Zone. This refinery is the largest in Africa and among the world’s top refineries, with a refining capacity of about 650,000 barrels per day. The refinery began full operations in early 2024, massively boosting Dangote’s fortune.
Dangote Cement
Dangote Cement is the largest cement producer in Africa and operates in at least 10 African countries. Dangote owns a majority stake, approximately 85%, in this company. Cement remains a cornerstone of his business empire, providing steady cash flow and regional influence.
Global and Continental Rankings
Aliko Dangote is ranked as the richest man in Africa in 2025 and stands among the top 100 richest individuals worldwide. His global ranking improved from 144th in 2024 to 86th in 2025, reflecting the rapid growth of his business operations, especially the refinery.
Summary Table of Aliko Dangote’s Wealth Metrics
Metric |
Value |
Net Worth (USD) |
$23.5 billion |
Net Worth (NGN) |
₦18.5 trillion (approx.) |
Global Wealth Rank |
86th richest worldwide |
Africa’s Wealth Rank |
1st richest African |
Ownership in Refinery |
92.3% |
Ownership in Dangote Cement |
85% |
Conclusion
Aliko Dangote’s net worth in 2025 highlights the power of industrialization and strategic investment in Africa’s growth story. His dominance in cement production and pioneering petroleum refining projects have made him a towering figure in African business and one of the wealthiest globally. His journey exemplifies how large-scale infrastructure and manufacturing ventures can elevate personal wealth while advancing economic development on the continent.