…Africa’s richest man’s fortune rises 27% this year as investors prepare for refinery’s N2.2trn share offering
Aliko Dangote, Africa’s richest man, added $1 billion to his fortune on Monday, taking his net worth to $32.5 billion as investors weighed the September 14 opening of the long-awaited initial public offering of his refinery.
His wealth had increased by $3.3 million on Friday before rising by a further $1 billion on Monday, according to Forbes’ real-time billionaire tracker.
The latest increase lifted Dangote’s wealth by 3.3 percent from $31.5 billion on Friday to $32.5 billion as of 10:30 a.m. Monday, taking his fortune 27 percent above the $25.6 billion recorded at the end of 2025.
Forbes updates billionaire net worth estimates frequently during trading hours, reflecting movements in the value of publicly traded holdings, while privately held assets are reviewed periodically.
