Aliko Dangote's Net Worth Surges by $1 Billion

On September 7, 2026, Aliko Dangote's net worth rose by $1 billion to $32.5 billion, as reported by the Forbes real-time billionaire tracker. This increase followed a $3.3 million rise on September 4, 2026, and marked a 3.3% gain from $31.5 billion.

Since the end of 2025, Dangote's wealth has surged by 27%. The wealth increase coincides with the anticipated public offering of his petroleum refinery, which is projected to be one of Nigeria's largest equity offerings.

The Securities and Exchange Commission has approved the offering, which will cover 4.1 billion ordinary shares priced at N525 each, potentially raising about N2.15 trillion (approximately $1.5 billion) if fully subscribed. The offering is set to open within 10 to 12 days, with the order book beginning on September 14, 2026.

Proceeds will be used to expand the refinery's capacity to 1.4 million barrels per day and enhance petrochemical operations. Dangote aims to attract investors from across Africa.