Aliko Dangote's Net Worth Hits $30 Billion, Becomes First African Billionaire to Achieve Milestone

Aliko Dangote's net worth has soared to $30 billion, marking him as the first African to achieve this milestone. The increase is linked to the expansion of Dangote Cement, with a new plant in Ivory Coast and plans for a $20 billion refinery in Nigeria.

Dangote intends to list the refinery's shares on the Nigerian Exchange within a year. Despite a recent $11 billion decline, Dangote remains a prominent figure in the global rich list, trailing behind Larry Ellison, Mark Zuckerberg, and Jeff Bezos.