NewStats: 3,261,373 , 8,173,822 topics. Date: Thursday, 29 May 2025 at 03:47 AM 6v1065

Aliko Dangote has reclaimed his position as the richest person in Africa, according to Forbes Real-Time Billionaires.

The ranking, which provides ongoing updates on the net worth and ranking of each individual confirmed to be a billionaire, showed that Dangote’s net worth improved by $10 million to $10.1 billion as of January 8, 2024.

He overtook Johann Rupert, South African luxury goods tycoon and his family. Rupert’s net worth as at January 8 was $10 billion, down from $10.7 billion as at December 30, 2023.

Dangote, who is the CEO of Dangote Group, now ranks 191st globally while Rupert and his family at 197th. The Bloomberg Billionaires Index also ranks Dangote as the richest person in Africa.

According to Bloomberg, the majority of his fortune is derived from his 86 percent stake in publicly traded Dangote Cement. He holds the shares in the company directly and through his conglomerate, Dangote Industries.

https://businessday.ng/news/article/dangote-regains-top-spot-from-rupert-on-forbes-africas-billionaire-list

Congrats to him, I knew he would bounce back

Also read this
https://nairaland.unblockandhide.com/7978703/dangote-gained-5-billion-22

Congratulations to Dangote.

Dangote’s net worth improved by $10 million to $10.1 billion as of January 8, 2024.

It's better to the players in the market in order to enjoy the fruits of the land than to remain as mere spectator and keep complaining no money in Nigeria.

Some will even sit morning till night on Nairaland and be fighting each other.

While some selected few are working on how to keep making fortune.

I Sell Real Estate, either you are in Nigeria or abroad; here you meet reliable Real Estate Consultant.

God Bless Nigeria.

Removing government influence, this man would have been an average businessman.

Congratulations to him, though.

Modified: I don't really know why some people are quick to align somebody with certain region or religion when your point doesn't reflect theirs. I'm a full blooded AREWA and it will ever remain as such.
Hold your opinions to yourselves!

Ok

...and what exactly did Dangote do to have earned his way back to the top, especially when his refinery is yet to start producing?

Am busy dragging the top with Elon musk I don't do locals

Meanwhile sapa dey slap me Left right and center

If no be him brother buhari... Dangote networth for Don be like 50 billion now.. Wetin concern me sef... Make God provide 4 me 2

Hmm

Alright

Ok, noted.

This news go make some people get Bad day, but as seun don talk say make we no dey mention name again, I rest my case

Money talking.

I dedicate Bezos by blaqbone
"Give me one year I go be like Bezos"
Great jam

Dangote makes his money with unfair monopoly.

Okaaaaaaay o

Wow, that was fast!

https://www.forbes.com/sites/jemimadenham/2023/06/21/nigerian-cement-tycoon-aliko-dangote-falls-to-africas-second-richest-after-12-years-at-no-1/

Many doesn't know that Dangote is not even among the top 10 richest in Nigeria. Forget Forbes list, the real richest in Nigeria are underground.

For me Babangida is the richest man in Nigeria right now. Only his $12Billion Oil windfall loot in 1990 alone beat the combine worths of Dangota, Abdul Rabiu and Adenuga. By the way, $12b in 1990 is worth over 29billion dollars in today's money.

The billions of dollars recovered from Abacha loot since 1999 which haven't finished yet. If Abacha is alive today and enjoying in his mansion in Kano, would you have known he is worth that much?

SOME PEOPLE would be sad about this news

maxiuc:
Am busy dragging the top with Elon musk I don't do locals

Meanwhile sapa dey slap me Left right and center

First drag am with those in your street and I am sure that Dangote, Elon and co no dey think about this ranking because it's the job of the poor masses to do so

Lol

Bubu4Sea:
Dangote makes his money with unfair monopoly.

But it because of dangote that some of your brothers are employed today.

Congratulations

Chasing the big bag. NO joy at all. Dangote should know that whatever his strive he cant be there forever. Abiola was there, Dantata his uncle was there. Tomorrow for sure another person will be there. He should look around him and do more people friendly business. Cement and everything else he monopolizes are beyond the common man's reach.

This man don try for years

All thanks to his super connection with Nigeria helms of leadership

salbis:
Removing government influence, this man would have been an average businessman.

Congratulations to him, though.

Another hater spotted, you self find way to get you own government influence.

PNomsule:
...and what exactly did Dangote do to have earned his way back to the top, especially when his refinery is yet to start producing?

/
It is all by valuation which can be both objective and subjective. That's why you can wake up on Wednesday and hear that NSE lost N100billion and the next day, it gains N200 billion. And in all, not a single N1 changed hands.

/

Na every week dem dey release ranking?

Refinery never start raining money o. Dangote, the Karuna of 21st century

It's an insult to say Dangote is worth 10billion dollars.... Dangote group annual overhead is more than $5B

PNomsule:
...and what exactly did Dangote do to have earned his way back to the top, especially when his refinery is yet to start producing?

Dangote is a conglomerates (Dangote group)

This man