Dangote Tops Africa's Rich List with $31.4 Billion

As of September 1, 2026, Aliko Dangote has maintained his position as Africa's richest individual, with a fortune of $31.4 billion, according to Forbes. His wealth has increased by approximately $2.9 billion since the last annual Africa list published in March.

Dangote's fortune is primarily linked to his manufacturing interests, including Dangote Cement and a significant stake in a refinery. He has held the top spot in Forbes' annual Africa ranking for 15 consecutive years.

Following Dangote, Nathan Kirsh from Eswatini ranks second with a net worth of $19.2 billion, while South African Johann Rupert and his family are third with $17.5 billion. The combined wealth of Africa's ten richest individuals totals $121.3 billion.

Other notable figures in the ranking include Abdulsamad Rabiu from Nigeria with $12.6 billion and Mike Adenuga with $7 billion. Additionally, Femi Otedola's net worth has risen to $1.8 billion, matching levels last seen in 2018.