The richest man in Africa is Aliko Dangote from Nigeria.
According to Forbes’ 2026 Africa Billionaires List, his net worth is estimated at $28.5 billion, making him the wealthiest person on the continent.
More recent reports based on Bloomberg tracking suggest his fortune has risen significantly in 2026, with estimates ranging from $36.5 billion to $36.7 billion, largely due to gains from his refinery, cement, and other industrial businesses.
For perspective:
$28.5 billion ≈ ₦43.7 trillion (at ₦1,535/$)
$36.5 billion ≈ ₦56 trillion (at ₦1,535/$)
His wealth comes mainly from:
Dangote Cement
Dangote Refinery
Sugar, fertilizer, and other manufacturing businesses.
