Africas richest man, Aliko Dangote, is within reach of a rare milestone. A steady rise in the value of his companies on the Nigerian Exchange and a stronger naira have pushed his estimated fortune to 29.8 billion, putting him just 200 million short of the 30 billion mark, according to the Bloomberg Billionaires Index .
The 67-year-old industrialist, who built his fortune from cement, sugar, and most recently oil refining, has gained about 1.72 billion this year . His wealth stood at 28.1 billion at the start of 2025 and has since climbed alongside renewed investor confidence in his listed firms and Nigerias currency recovery.
Dangotes billion-dollar cement empire thrives