Aliko Dangote Net Worth 2025
Aliko Mohammad Dangote popularly known as Dangote is a Nigerian business mogul who was born on April 10, 1957 in Kano to Mariya Sanusi and Mohammed Dangote.
Aliko Dangote evokes great respect in the Nigerian business community. This is because he has, for many years, held the esteemed title of Africa's richest man.
Dangote net worth in 2025 is estimated to be about 23.8 billion. Dangote net worth is this massive because of his numerous businesses spread all over the country.
In this article, we will dig deep into Dangote's net worth in 2025, his various businesses so you know exactly why Dangote net worth keeps increasing. We will also discuss Dangote source of wealth and business achievements.
Dangote’s business achievements
Just like Femi Otedola, Dangote leverages Africa's rich, untapped natural resources. He strategically invests in resource mining and has since invested in limestone, oil, coal, and others. This makes the manufacturing process cheaper, resulting in affordable products for the masses.
Dangote has always shown confidence in his ability to execute projects. He undertook the construction of a billion-dollar refinery while simultaneously running the rest of his business empire, which is unusual among most African business leaders.
Throughout his business journey, Dangote has gathered and struck pivotal deals with investors, including leaders and high-level traders, to trust and follow his brand. One such was the attraction of the federal government to invest over $20 billion in the Dangote Refinery.
Dangote’s ability to relate with people and have them work and invest in his enterprise caught the attention of Bill Gates, who in 2019 during the Gates Foundation talk show reiterated to the audience that Dangote could pick up his phone and gain access to anyone around the world, no matter the status of the other person being contacted.
Gates offered an example of how Dangote once called all northern governors in Nigeria for a video chat to discuss some ongoing projects. This network and accessibility give Dangote an edge over other businessmen.
Furthermore, Dangote continuously shows high ethical values in his business operations. The billionaire has been in the spotlight for decades, but his record regarding moral conduct remains clean.
Dangote's source of wealth
Dangote’s interest in business began a long time ago, at just 21 years old, when he borrowed five hundred thousand naira from his uncle, Aminu Dantata.
Dangote invested the borrowed money into selling agricultural products within his small Kano neighbourhood. This enterprise later grew to become the empire we know today as the Dangote Group.
Dangote's companies
Dangote established the Dangote Group in 1978, and it has expanded at a dizzying rate over the past 47 years. With over 11,000 workers, it is by far the largest industrial group in the region of West Africa.
Dangote group began as a little trading company in Lagos, Nigeria, but today it has branches across the continent in places like Benin, Ghana, Zambia, and Togo. This is a big surprise to all who knew about its little beginning.
Dangote group now handles the production of food, cement, transportation, sugar refinement, etc.
The Group has come a long way from its humble beginning and now includes numerous enterprises and subsidiaries, such as the Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.
Also, Dangote Group controls close to 70 percent of Nigeria's sugar market and supplies the majority of the country's soft drink producers, breweries, and confectioners.
In the whole of Africa, the sugar refinery owned and operated by the Dangote Group is the largest and the third largest in the world and as such, it's possible to generate more than 800,000 metric tons of sugar annually from their operations.
The Dangote Group also operates several bread mills and salt refineries in addition to their sugar operations. Not just that, they are Nigeria's largest importer of rice, fish, pasta, cement, and fertilizer. They also export cotton, cashew nuts, sesame seeds, and cocoa.
They have holdings in the financial sector, the transportation sector, the textile sector, the oil and gas sector, and the telecommunications sector.
Dangote Cement is believed to generate over 80% of the conglomerate's earnings, and it produces 44 million metric tons of cement annually. All these have contributed immensely to Dangote huge net worth.
It is safe to say that Dangote net worth is continuously increasing because of the revenue he makes from Dangote Group of companies.
Dangote net worth 2025
As of June 2023, Dangote had a fortune of over $25 billion and was the 33rd richest man on the planet. In 2024, Dangote net worth dropped to $14.2 billion This significant drop was caused by a fall in the Nigerian economy. However, Dangote net worth has increased again. Dangote net worth in 2025 is estimated to be about $23.8 billion.
Because of Dangote huge net worth, he is among the world’s 136th richest person, the richest black man, and the richest man in Nigeria.
The billionaire has an 85% ownership stake of Dangote Cement, one of Africa’s biggest companies and Africa’s biggest cement production company with a capacity to produce over 48 million metric tons of cement in a year. The Dangote Cement is worth over $10 billion.
Also, Dangote owns a 50% significant stake in the Dangote Fertilizer Plant, which is worth over $5 billion. In addition, Dangote’s stake at the Dangote Sugar Refinery Plc is worth over $300 million. The sugar refinery is Africa’s biggest sugar production company.
The billionaire businessman has also completed the Dangote Refinery, the world’s seventh largest refinery with a production capacity of 650, 000 barrels per day.
With over thirty thousand employees, Aliko Dangote owns majority stakes in the following companies:
- Dangote Cement PLC
- Dangote Flour Mills PLC
- Dangote Sugar Refinery PLC
- Dangote Agro Sacks Limited
- Dangote Pasta Plant Limited,
- Dangote Salt PLC
- Dangote Oil Refinery
- Dangote Foods Limited
All these have contributed significantly to Dangote's staggering net worth of $23.8 billion in 2025.
Dangote’s luxurious lifestyle
Just like every other rich man in Nigeria, Dangote lives a luxurious lifestyle with his cars and mansions spread across the country below are Dangote’s cars and mansions.
Dangote’s cars and mansions
Dangote owns a lot of expensive cars to his name some of which are:
- Maybach 57S Knight Luxury
- Mercedes-Benz CL65 AMG
- Bugatti Veyron
- Bentley Mulsanne
- Toyota Land Cruiser Prado
Dangote also owns a mansion in Abuja and Banana Island Lagos state. Report has it that Dangote's mansion in Abuja is worth more that $30 million.
Dangote’s private jet and yacht
Dangote also owns a private jet which he bought in Canada. This private yet is worth more than $60 million. As the richest man in Nigeria, he also owns a yacht worth over $80 million.
Dangote's Legacy of Inspiration
Mr. Wale Tinubu, the CEO of Oando Plc (and nephew to Nigerian President Bola Ahmed Tinubu), and other notable Nigerians have continuously reiterated that Dangote inspires other businessmen, the younger generation, and the country at large.
Some of the notable business figures that have been inspired by Dangote include Deborah Enoma of Debskulture, Mr. Olabode Fayemiro of Buzz Media Africa, Alhaji Salisu Mamman, and Monica Musonda of Zambia, who built a food processing company from scratch.
While opening the food processing plant, Musonda praised Dangote for charting a path for others to follow in Africa. Alhaji Salisu, on his part, described Dangote as a trailblazer.
Conclusion
Aliko Dangote achieved his wealth through his ability to manage and relate with people, his ability to spot investment opportunities, and his courage to invest in the riskiest of projects.
With all his qualities, Dangote is a man to watch in Nigeria's business space.
Frequently asked question
Does Dangote have foreign assets?
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