Nigerian business magnate Aliko Dangote had a net worth of US$30.3 billion and was the world's richest black man, according to the 2025 ranking of the world's billionaires by Forbes Real Time Billionaires and Bloomberg Billionaires Index.[1]. In 1977, Dangote founded the Dangote Group, a small company that traded commodities; importing sugar, salt, and food products. In 1981, he founded Dangote Nigeria Limited and Blue Star Services; both imported rice, and bulk materials like steel and aluminum products. Wealth How Aliko Dangote Became the Richest Person in Africa. Africa’s largest single-train refinery. 650,000 barrels per day capacity. Investing in clean energy, recycling, and resource efficiency to build a greener, resilient Africa. According to Forbes, Dangote wey retain im position as di richest for Africa get estimated net worth of $28.5 billion. Im shares for im cement company for di Nigerian Exchange rise to nearly 69% since last March. Dangote Cement double dia profits for 2025 to a record one trillion naira. Aliko Dangote, Africa’s richest man and President ofDangote Refinery, has announced the intention to expand its 650,000-barrel-per-day refinery to become the world’s largest at 1.4 million barrels per day. The President of the Dangote Group, Alhaji Aliko Dangote has climbed up the rich list. He is now the 86th richest man in the world after his wealth rose to $23.9bn. This is coming a year after the $20bn Dangote Petroleum Refinery commenced operations in Lagos.