Dangote Leads Forbes 2026 Billionaires List in Nigeria

Aliko Dangote remains Africa's richest man, ranking 86th globally on the Forbes 2026 Billionaires List with a net worth of $28.6 billion, reflecting a significant increase of $23.9 billion from 2025. His wealth is primarily derived from the Dangote Group, which includes Dangote Cement (NGX: DANGCEM), the largest cement producer in Africa, controlling 85% of the publicly traded company with an annual production capacity of 48.6 million metric tons.

Abdulsamad Rabiu, founder of BUA Group, has seen his wealth double to $11.1 billion, ranking 279th globally, due to expansions in cement and food processing. Mike Adenuga, with a net worth of $6.5 billion, ranks 608th, while Femi Otedola, valued at $1.3 billion, ranks 2,858th.

Adenuga's wealth comes from telecommunications and oil, while Otedola has investments in the energy sector and finance.