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About

Aliko Dangote is a prominent Nigerian businessman and industrialist recognized for his leadership of the Dangote Group and Dangote Refinery. He has been appointed as a member of the economic management team by President Goodluck Jonathan. As of January 2026, Dangote is ranked as one of the wealthiest individuals in the world by both Bloomberg Billionaires Index and Forbes, holding the title of the wealthiest Black individual with a net worth nearing $30 billion.

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Career Timeline

1977D$0.01M

Early Trading Ventures

Starts trading commodities, laying the foundation for his future empire.

1981C$1M+$0.99M

Dangote Group Founded

Founds the Dangote Group, expanding into various industries.

2000B$100M+$99M

Cement Dominance

Establishes dominance in the cement industry, significantly increasing his wealth.

2010A$2B+$1.9B

Billionaire Status

Achieves billionaire status, becoming one of Africa's richest people.

2013A$10B+$8B

Economic Management Team

Appointed to the economic management team by President Goodluck Jonathan.

2016A$15B+$5B

Dangote Refinery Project

Embarks on the Dangote Refinery project, a massive investment in Nigeria's oil and gas sector.

2026S$30B+$15B

Africa's Wealthiest Person

Maintains his position as the wealthiest person in Africa and a global business leader, with the Dangote Refinery nearing completion.

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Last updated: February 25, 2026