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Aliko Dangote Becomes First African Billionaire to Hit $30 Billion Mark

The Will··1 min read
Aliko Dangote Becomes First African Billionaire to Hit $30 Billion Mark

Aliko Dangote, the richest man in Africa, reached a net worth of $30 billion on October 23, 2025, according to Bloomberg's Billionaires Index. His fortune saw a significant increase due to the completion of a new cement plant in Côte d'Ivoire and plans to double the capacity of his oil refinery.

Dangote briefly lost the top spot to South African billionaire Johann Rupert in early 2024 but reclaimed it with a net worth exceeding $20 billion by late January 2024.

Plus234Feed summary based on reporting from The Will.

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