Aliko Dangote, Africa’s richest man, has seen his net worth soar to $30 billion as of October 23, 2025, according to Bloomberg’s Billionaires Index.
This milestone reflects a $2.16 billion year-to-date increase in his fortune, with a recent $430 million valuation gain contributing to the surge.
Just days earlier, Dangote’s net worth stood at $29.8 billion; only $200 million shy of the mark.
The impressive rise aligns with the expansion of his industrial empire, particularly the completion of a $160 million cement plant in Attingué, about 30 km north of Abidjan, Côte d’Ivoire.
The 50-hectare facility boasts an annual capacity of three million metric tonnes, making it one of Dangote Cement’s largest sites outside Nigeria.
With the new plant, the company’s total installed capacity across Africa now stands at approximately 55 million tonnes per year, spread across 11 countries.