Dangote's Net Worth Reaches $51.3 Billion Amid IPO Launch

As of September 14, 2026, Aliko Dangote's net worth has risen to $51.3 billion, according to Forbes. This increase coincides with the launch of the Dangote Petroleum Refinery and Petrochemicals (DPRP) initial public offering (IPO) on the Nigerian Exchange (NGX), which opened on the same day and is set to close on October 13, 2026.

The IPO, priced at N525 per share, aims to raise approximately N2.15 trillion, making it potentially Africa's largest public share sale. The Securities and Exchange Commission approved the IPO on September 5, allowing the offering of 4.1 billion shares.

The IPO is part of Dangote's strategy to enhance public ownership of the refinery and secure capital for expansion. The Dangote Refinery, which began operations in 2024, has a capacity of 650,000 barrels per day, with plans to expand this to 1.4 million barrels per day.

Dangote's wealth has seen significant fluctuations over the years, with Forbes previously valuing him at $28.5 billion in March 2026.