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    Home»Naija news»Dangote’s wealth soared 100% to $23.9 billion, retaining its status as Africa’s richest man
    Naija news

    Dangote’s wealth soared 100% to $23.9 billion, retaining its status as Africa’s richest man

    tundeoyeyemi2002By tundeoyeyemi2002February 19, 2025No Comments2 Mins Read
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    • According to Forbes, Aliiko Dangote’s wealth soared nearly 100% to $23.9 billion.

    • Dangote retains his position as Africa’s richest man and is now ranked 86th in the world.

    • His net worth increased mainly due to his 92.3% stake in Dangote Petroleum Refinery and Petrochemical.

    According to Forbes, billionaire Aliko Dangote’s wealth has almost doubled his fortune to $23.9 billion, Forbes ranked Nigerian entrepreneurs as the richest man in Africa, the world Ranked 86th on the list.

    Forbes estimates Dangote’s net worth is $23.9 billion, mainly due to his 92.3% stake in Dangote’s oil refinery and Petrochemical.

    Also Read: Dangote Refinery Starts Exporting Fuel to Saudi Arabia with Targeted 550,000BPD Capacity

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    Dangote was once again one of 100 positions in positions that hadn’t held since 2018 at the age of 67, according to the Forbes Real-Time Billionaire list.

    This put him significantly ahead of South Africa’s Johann Rupert, who ranks 161st in the world and has an estimated $14.4 billion in wealth, far surpassing Mike Adenuga, who He is the second richest man in Nigeria, the second richest man in the world and the 481st place in the world, with a net worth of US$6.8 billion.

    Dangote describes $23 billion refinery as the biggest risk in his life

    Billionaire Aliko Dangote described his $23 billion Dante refinery project as the “biggest risk” of his life, acknowledging the challenges he faces in achieving the business.

    In an exclusive interview with Forbes on Monday, Dangert revealed the risks involved in the massive commitment.

    Continue reading here

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