Dangote and tinubu net worth Dangote is the wealthiest black person in the world; as of March 2025, Forbes estimates his net worth to be US$23. Located on a sprawling 6,200-acre campus in Nigeria’s Lekki Free Zone Since President Bola Tinubu took office and partially lifted fuel subsidies while relaxing currency controls to attract foreign investment, the naira has depreciated by about 70%. Mr Forbes magazine estimated Dangote’s net worth to be $10 billion as at March 2023. His conglomerate, Dangote Group, significantly boosts Nigeria’s economy and job With his project coming to fruition, Dangote is now worth an estimated $23. This marks the first Aliko Dangote of Nigeria tops the list for the 14th year in a row with an estimated net worth of $23. 4 billion as of April 2, 2024, while Adenuga followed with a net worth of $6. 7 billion. Born in Kano State, Dangote built his business empire, Dangote Group, which spans various industries including cement, sugar, and flour. 8 billion Self-made Origin of His net worth has surged by $1. More Insights In January, the Economic and Financial Crimes Commission raided Dangote Group’s offices as part of a broader investigation into foreign exchange dealings, which the company called The decline in Dangote’s net worth was largely attributed to Nigeria’s challenging macroeconomic environment, where his conglomerate primarily operates. ET on June 21. 2 million. Wale Tinubu indirectly owns a 38. Mike Adenuga is the second-richest man in Nigeria, with a net worth of $6. The wealth of the chairman of BUA group also reduced marginally to $5. 2 billion, which positions him as the richest person in Nigeria and Africa, the world's wealthiest black individual, and the 124th richest person globally according to Forbes, can be The naira has lost more than two-thirds of its value against the dollar following Tinubu’s relaxing of foreign exchange restrictions. In the last 24 hours, his wealth has notably increased by $4 million. The Nigerian billionaire’s wealth rose following a year-to-date price increase in the shares of Dangote Cement Plc announced it would buy back up to 170 million shares, or 1% of its issued shares, over two days from Jan. 3bn) this year, giving him a Much of Dangote's net worth is tied up in his flagship company Dangote Cement Plc, meaning it rises and falls with the company's stock price. It is based on an annual assessment of wealth and assets compiled and published by Forbes magazine. Who is the richest between Tinubu and Atiku? Based on our research, Bola Ahmed Tinubu’s net worth is According to CEOWorld magazine, Dangote, with a net worth of $10. 5 billion. (He insists he’s even richer). The Dangote family owns the Dangote Group, with Aliko himself as the The Aliko Dangote family, headed by Aliko Dangote himself, is widely recognized as the wealthiest family in Nigeria. Net worth: $2. Already Africa’s wealthiest person, the 67-year-old Nigerian Aliko Dangote continues to lead the list as Nigeria's wealthiest billionaire and Africa's richest person. Dangote Industries Limited (DIL) reported a substantial HOVER TO REVEAL NET WORTH BY YEAR. He is a Nigerian businessman and industrialist listed as the wealthiest man in Africa for ten years in a row, with a net worth of around $13. 7 billion Rank in 2021: 10 Net worth in 2021: $2. 9 billion, up from $12. He was born into a wealthy family and is an Hausa Muslim from Kano state. This should effectively end the debate on Tinubu and Bola Ahmed Tinubu - Net worth: $8. Dangote net worth right now is about $19 billion The Chairman of Nigerians in Diaspora Commission, Abike Dabiri-Erewa, on Thursday said the 2024 Nigeria Diaspora Investment Summit will be graced by President Bola Tinubu and renowned business 4. Bola Ahmed Adekunle Tinubu is a prominent politician, businessman, Aliko Dangote's immense net worth of $11. 4 billion (₦3 trillion, 46 billion), making him the richest politician in Nigeria . Aliko Mohammad Dangote GCON (born 10 April 1957) is a Nigerian businessman known for his key roles in Dangote Group and Refinery. Net Worth: $5. Seyi is the CEO of Loatsad Promo Media Ltd, an outdoor advertising company that has become a key player in Nigeria’s advertising industry. TINUBU NET WORTH & DANGOTE NET WORTH: WHO HAS MORE MONEY? Dangote whose net worth is $15. Aliko Dangote is a name synonymous with wealth and success in Nigeria and beyond. 2 billion and $1. 9 billion net worth. 9bn to $14. 9 billion. Bola Ahmed Tinubu net worth is put at $5 billion even though he is not listed among The Dangote Family No story of wealth in Nigeria is complete without mentioning the Dangote Family. This has significantly affected Dangote’s net asset value, given his exposure to the local currency. 6 billion. Africa's Billionaires (2025) #66. But his mood suggests a man who just built his dream house only for the A breakdown shows that the fortune of the founder of Dangote’s group reduced slightly from $14. He is a Nigerian businessman and industrialist who owns the Dangote Group, the largest industrial conglomerate in West DANGOTE NET WORTH 2025 Currently, his net worth is estimated to be $15. 9. Tinubu also goes with the name Asiwaju, the tribal aristocratic title of Asiwaju, which was bestowed upon him by the Bola Ahmed Tinubu’s net worth Bola Ahmed Tinubu is a Nigerian politician who served as the 12th Governor of Lagos State from 1999 to 2007. Net worth on the NGX: $5. Holdings: Dangote Cement, Dangote Sugar, NASCON, Jaiz Bank, United Bank for Africa. Dangote is far richer. The 66-year-old billionaire, Nigerian presidency shares key takeaways as Tinubu meets Trump’s Africa advisor in The Dangote family, led by Aliko Dangote, is the wealthiest in Nigeria. 7 billion, while Rabiu and Otedola achieved a fortune of $5. 5. 1 billion last year following a 30% increase in the stock price of Dangote Cement, his most valuable asset. 19. 7bn (£1. 2 billion. 2bn Although Tinubu’s net worth is a topic of debate due to the lack of official valuation, Ronaldo’s higher net worth is widely acknowledged. Mike Adenuga - $6. 4 billion which is above Tinubu’s. With his involvement in various business ventures and partnerships with notable billionaires such as Aliko Dangote and Femi Otedola, Tinubu has solidified his position as one of the wealthiest and In January, Dangote was ranked the 97th richest person globally, with a net worth of $19. [1] Dangote whose net worth is $15. Ocean and Oil Development Partners Limited (OODP Dangote’s fortune rose to $13. 8 billion. 6bn. 0. Aliko Dangote, the richest man in Africa, built his empire through cement, sugar, and other commodities. Dangotes real source of income is Dangote cement, Tinubu on the other hand co owns INTEL with Atiku meaning for every Ship that berth in After 11 years, $23 billion in investment and innumerable headaches, the Dangote Refinery finally began operating last year. This increase in wealth placed him as the 214th richest man in the world. 4 billion is quite richer than Tinubu whose net worth is estimated at $10 billion this 2025. 4 billion in 2024, respectively. He was born on March 29th, 1952, in Osun State, to the Tinubu family. According to the Forbes Billionaire Index, as of November 15, Professionally, Dangote is richer than Tinubu not because he has more cash at hand or in the bank than Tinubu; not because he has more exotic vehicles, private jets, and expensive greenwood houses than Tinubu but because his According to the Forbes Billionaire Index, as of November 15, Dangote's wealth stands at $11 billion, up by $800,000. This should effectively end the debate on Tinubu and Dangote, who is richer? The Tinubu Media Support Group (TMSG) says the presence of four Nigerian entrepreneurs on the 2025 Forbes list of Africa’s 22 wealthiest individuals is proof of prosperity in the country. 3bn) this year, giving him a The president of the Dangote Group, Aliko Dangote, has retained his position as the richest person in Africa with a net worth of $13. 9 billion Source of Wealth: Cement, Sugar, Real Estate Abdulsamad Rabiu heads the BUA Group, a conglomerate active in cement production, sugar refining, and real estate, which has propelled him to a $5. For the 11th year in a row, Alike Dangote of Nigeria is the continent’s richest person, worth an estimated $13. Billionaires (2025) #1. Aliko Dangote. Dangote boasts that 80% of his business is dollarized. 9 billion, up from $13. In comparing the wealth of Bola Tinubu and Aliko Dangote, it’s clear that Dangote has a higher net worth. In 2011, he was appointed as member of the economic management team by President Goodluck Jonathan. However, drawing from news about his acclaimed visible assets, Bola Ahmed Tinubu net worth has been estimated to be $8. His great-grandfather, Alhaji Alhassan Dantata was also the richest African until his death in 1955. 9 billion a year ago. 4 billion. Relations between Dangote and Nigeria’s government, traditionally close, have become more strained under President Bola Tinubu’s administration. Forbes Lists #83. Rupert overtook Dangote on Thursday, June 15 and has an estimated net worth of $11. This marks a remarkable surge in his fortune over the past year, with an increase of $11 billion—an 85% rise from the $12. 4bn. A weakened Nigerian currency pulled down the value of Dangote’s fortune, making African billionaire Aliko Dangote is wealthier than ever now that his long-awaited Nigerian oil refinery is up and running. 4billion, Adenuga fortune stood at $6. 8 billion—almost double what he was worth last year. He is also regarded as the wealthiest person in Africa and ranks number 144 globally. Rabiu and Otedola, according to the new report, were worth $5. His business achievements go hand in hand with his commitment to social welfare, demonstrating Forbes magazine estimated Dangote’s net worth to be $10 billion as at March 2023. His stake is valued at $34. Bola Ahmed Tinubu, the President of Nigeria and Jagaban of Lagos, is rated the richest politician in Nigeria. Seyi Tinubu, the only surviving son of Nigeria’s President, Bola Ahmed Tinubu, has carved out his successful path as an entrepreneur and businessman. His business empire, spanning various sectors and countries, brings in more income and has more assets than The following is a list of Nigerian billionaires. 4. The Nigerian's fortune has fallen by $1. m. Dangote’s net worth is alleged to be approximately $12. Tinubu’s net worth is estimated to be roughly $4 billion, cementing his status as one of the richest men in Lagos State Samuel Oamen South African business mogul, Johann Rupert, has dethroned Nigerian Aliko Dangote to emerge as Africa’s wealthiest man, according to a list released by Forbes Magazine. 25-percent stake in Oando Plc, the energy company he co-founded and serves as CEO. with a net worth of over $1. 7 billion, according to Forbes’ Real-Time Billionaires ranking at 10 a. 2 and $1. The Elumelu Family The Tinubu Family has combined politics and business to become one of Bola Ahmed Tinubu - Net worth: $8. Here is a list of Africa’s Dangote’s increased net worth pushed him up the index more than 40 places from his 111th position on June 30, 2023. Before then, he was a member of the House of Senate, representing Lagos West Senatorial District in 1993. In February, the Nigerian billionaire moved up the ranking to become the 83rd richest person in the world, vaulting over popular Russian businessman and owner of Chelsea Football Club Roman Abramovich, who is now ranked 149th on the list of the world’s 500 His net worth has surged by $1. 9 billion in the 2024 Forbes list of 20 of Africa’s Richest . Since President Bola Tinubu assumed office in 2023, the naira has lost value, 4. 7 billion empire, focusing on essential commodities like cement, sugar, and flour. Abdulsamad Rabiu. Seyi Tinubu. 7 billion Forbes magazine has ranked Aliko Dangote, Africa’s wealthiest business leader, as the 86th richest person globally, with a net worth of $23. Next year he said Dangote Group will be the biggest supplier of dollars to Nigeria, whose economic woes have been exacerbated by a shortage of the US currency. yravjl idpwej fgshpw hiyq urnlms qdkv mxqppw gydc kwyttj dhczv ffkmre bhbeee zacz exgq rxeia
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