Afrca Wealthiest Man, Aliko, has reached a $30 billion net worth milestone as of October 23, 2025, after making 200 miion dollars overnight

Yesterday, he was just $200 million shy of the mark, with a net worth of $29.8 billion.

This substantial growth was influenced by a $2.16 billion year-to-date increase in his net worth, bolstered by a $430 million valuation gain recently.

Dangote has expanded his cement operations significantly, including the completion of a $160 million factory in Côte d’Ivoire, enhancing production capacity across Africa.

He also plans to double oil refining operations to 1.4 million barrels daily,
surpassing current global leaders in refining capacity.

His net worth’s last change in valuation comes in at +$430 million as per Bloomberg’s index.

Dangote’s net worth surge is in line with the inauguration of a $160 million cement plant in Attingué, roughly 30 km north of Abidjan, Côte d’Ivoire.

The 50-hectare facility has the capacity to produce three million metric tonnes per year, making it one of the company’s largest sites outside Nigeria.

The Attingué facility brings the group’s installed capacity on the continent to around 55 million tonnes annually, bringing the total number of Dangote Cement plants in African nations to 11.

Recent reports also indicate that within the next year, the refinery intends to sell 5% to 10% of its shares on the Nigerian Exchange (NGX) Limited.

Additionally, Dangote recently made an announcement that he plans to more than double his oil refining operations, bringing production capacity to 1.4 million barrels per day.

This denotes that the Dangote group will control the largest oil refining operation, surpassing the output of the world’s largest refining giants, including the 1.36 mbpd refinery in Jamnagar, India.