Dangote Net Worth (Updated 2026).

Aliko Dangote, a name that has become synonymous with business acumen and success in Africa, began his entrepreneurial journey at a young age. Born into a wealthy family in Nigeria, Dangote was exposed to the world of business from an early age. His father, a successful businessman himself, instilled in him the values of hard work and integrity, which would later become the cornerstone of Dangote’s career.

Dangote’s first foray into the business world came in the 1970s when he started importing consumer goods into Nigeria. He saw an opportunity in the market and seized it, using his family’s connections and capital to establish a successful import business. However, Dangote’s ambition did not stop at mere importation. He soon realized that to truly make an impact, he would need to venture into manufacturing. This was the beginning of the Dangote Group, a conglomerate that would go on to dominate various sectors of the Nigerian economy and make Dangote one of the richest men in the world.

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Dangote’s Current Net Worth

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As of 2025, Aliko Dangote’s net worth is estimated to be around $20 billion, according to Forbes. This makes him one of the wealthiest individuals in Africa and the world.

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Dangote’s Career

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Aliko Dangote started his career in the 1970s as a small trader, dealing in commodities like cement and flour. He founded the Dangote Group in 1981, which has since grown into a multinational conglomerate with interests in various sectors, including cement, sugar, flour, and more.

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Dangote’s Other Ventures

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Dangote’s business empire includes several subsidiaries. Some of his notable ventures include Dangote Cement, the largest cement producer in Africa; Dangote Sugar Refinery, the largest sugar refinery in Africa; and Dangote Flour Mills, one of the largest flour milling companies in Nigeria.

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Dangote’s Assets

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Dangote’s assets are primarily held through the Dangote Group. These include several manufacturing plants across Africa, real estate in Nigeria and other countries, and significant stakes in publicly traded companies like Dangote Cement Plc.

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Dangote’s Annual Income

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Aliko Dangote’s annual income varies year to year. In 2024, his earnings were reported to be around $300 million, largely from his stake in Dangote Cement, which is one of the most profitable companies in Africa.

Frequently Asked Questions about  Dangote

Frequently Asked Questions: Dangote Net Worth

1. What is Dangote’s net worth?

Dangote’s net worth is estimated to be around $12.1 billion as of the latest estimates.

2. Who is Dangote?

Aliko Dangote is a Nigerian billionaire businessman and the founder of the Dangote Group, one of the largest conglomerates in Africa.

3. What does Dangote Group produce?

The Dangote Group has interests in various sectors, including cement, sugar, flour, and pasta. It also has investments in oil and gas, telecommunications, and real estate.

4. How did Dangote become wealthy?

Dangote started his business career as a trader in commodities such as cement and sugar. He then expanded into manufacturing and has since grown his business empire through strategic investments and acquisitions.

5. What is Dangote’s largest source of wealth?

Cement production is Dangote’s largest source of wealth. His company, Dangote Cement, is the largest cement producer in Africa, with operations in several countries.

6. Where does Dangote live?

Dangote resides in Lagos, Nigeria.

7. Does Dangote have any philanthropic endeavors?

Yes, Dangote is involved in various philanthropic activities through the Aliko Dangote Foundation, which focuses on health, education, and economic empowerment.

8. What is Dangote’s educational background?

Dangote studied Business at the Al-Azhar University in Cairo, Egypt.

9. Is Dangote the richest person in Africa?

Yes, Dangote is the richest person in Africa, according to Forbes and Bloomberg Billionaires Index.

10. What is Dangote’s age?

Dangote was born on April 10, 1957, making him 65 years old.