Dangote net worth in naira.
Dec 30, 2024 · Aliko Dangote Loss: ($2.
Dangote net worth in naira Mar 27, 2025 · The Impact of the Nigerian Naira’s Volatility; Dangote’s Net Worth in Naira: 2023 Estimates. So how was this net worth arrived at ? Forbes uses holdings in publicly listed companies that are easily verifiable. Jun 23, 2023 · For the first time since the COVID-19 pandemic in 2020, the net worth of Nigerian billionaire Aliko Dangote has dipped below the $10-billion mark, according to Forbes. Apr 14, 2024 · 14. Save. 5 billion over the past year. Mar 20, 2025 · This article delves into the top five facts and figures surrounding Dangote’s Naira net worth in 2024, offering a comprehensive overview of his financial empire. 8 Billion As Naira, Stocks Plunge. 7 million. Dec 23, 2014 · Africa's Richest Man Aliko Dangote Loses $7. 8 billion, and he is ranked 132 wealthiest men in the world Mar 22, 2025 · Understanding Dangote’s net worth offers insights into the Nigerian economy and the power of entrepreneurship on a continental scale. This action caused the naira, which had been trading Feb 26, 2024 · Aliko Dangote lost about $3 billion in February after the Nigerian government devalued the naira; The Nigerian billionaire has had over $7 billion slashed off his net worth as the naira lost most of its value; Dangote's current net worth is about $14. 8 billion, cementing his position as Africa's richest person and the world's richest Black man. Oct 18, 2024 · According to the Bloomberg Billionaires Index, Dangote’s net worth increased by $15. Dangote Net Worth in Naira: Is He Really That Rich? $20B+ Revealed. 19, 2025 is $10. Strive Masiyiwa – also with a net worth of $1. Based on information gathered from the Bloomberg Billionaire Index, Dangote’s net worth has increased to $17. 6 billion. 1 trillion market cap while Dangote Sugar has a N522 billion market cap as of June 28, 2024. Dec 30, 2024 · Aliko Dangote Loss: ($2. This shift marks the restoration of Dangote’s 12-year reign as the continent’s wealthiest individual, a title he briefly lost to Rupert in August 2024. It’s reported to cost $45 million, which translates to 16. as of 4/9/25. Inaugurated in May 2023, the refinery holds the title of the world’s largest single Jan 19, 2025 · Dangote’s wealth primarily stems from his extensive investments in manufacturing and oil refining through his conglomerate, Dangote Group. Consequently, he is now worth $23. with the naira losing more than two-thirds of its value against the dollar following President Feb 19, 2025 · And thanks to the refinery, Nigeria has become a net exporter of jet fuel, naphtha (a solvent used in varnishes, laundry soaps, cleaning fluids) and fuel oil, according to S&P Global. Aliko Dangote Private Jet (16. 4billion to $21. Dangote leads Forbes Africa’s 10 wealthiest people Legit. According to data from Forbes, Dangote's wealth jumped by $6 million ( over N9. Feb 19, 2025 · Dangote is now Africa’s wealthiest man. 8 billion due to naira devaluation and NGX pullback. 9 billion in the 2024 Forbes list of 20 of Africa’s Richest Oct 17, 2024 · Nigerian billionaire and Chief Executive Officer of Dangote Refinery, Aliko Dangote, has seen his net worth double to $28 billion following the commencement of operations at his long-anticipated May 4, 2022 · In January, Dangote was ranked the 97th richest person globally, with a net worth of $19. (He insists he’s even richer). Mar 20, 2025 · Meta Title: Dangote Net Worth in Naira 2024: A Comprehensive Analysis Aliko Dangote, Africa’s richest man, consistently commands headlines with his immense fortune. 9 billion and ranked 122nd globally. Factors impacting his net worth include: Mar 21, 2025 · Calculating Dangote's Net Worth in Naira. 9 billion in January to $11. Aliko Dangote Social Jun 19, 2024 · Dangote’s net worth in Naira is estimated to be 8. Dangote’s Net Worth in Naira: A Fluctuating Giant. 3 billion) Net Worth: $11. According to Forbes, as of 2025, Dangote has a net worth of $23. Dangote’s Networth. Also Read: Seyi Tinubu Biography, Age, Wife, Religion, Net Worth. Dangote’s listed companies and net worth experienced a boost as his $20-billion Dangote Oil Refinery officially started producing diesel and aviation fuel this month. Who is the richest man in Nigeria? Jan 16, 2023 · The Nigerians are Aliko Dangote, Abdul Samad Rabiu, and Mike Adenuga. Africa’s most prominent businessman, Aliko Dangote, consistently ranks among the world’s wealthiest individuals. According to Forbes Aliko Dangote has an estimated net worth of $14 billion which equals around 5,813,640,000,000 Nigerian Naira, t his makes Aliko Dan Gote the richest man in Nigeria as well as the most innovative businessman to ever exist in the African continent. He is the richest person in Africa for the last 13 years. 9 billion. For instance, in 2020, he began the year with a net worth of $8. 6 days ago · Determining Aliko Dangote’s precise Dangote Net Worth in Naira for 2024 remains a complex task due to the dynamic nature of his vast business empire and global market conditions. Is Aliko Dangote the richest man in the world? No, he is not. 8 billion. 7 billion. His net worth stands at $10. Dangote’s net worth has reached a total of $15. 7 billion net worth, and was ranked at 409th spot. Dec 12, 2014 · The sell offs that began in November 2014 seems to have affected the net worth of Aliko Dangote according to the latest tracking from Forbes. 7 billion Source of Wealth: Oil Benedict Peters has become synonymous with resilience and innovation in Nigeria’s oil landscape. 3 billion Naira) Aliko Dangote Biography. 6 billion due to the naira’s depreciation; Dangote, who was worth $17. His net worth has experienced significant growth, rising by an impressive 61. Dangote has seen a phenomenal rise in fortune coinciding with the comeback of the Nigerian naira on both official and unofficial markets. 2 and $1. Aug 28, 2024 · The decline in Dangote’s net worth was largely attributed to Nigeria’s challenging macroeconomic environment, where his conglomerate primarily operates. 7 billion last month. Mar 24, 2024 · Aliko Dangote, Africa’s richest man has seen a phenomenal rise in fortune coinciding with the comeback of the Nigerian naira on both official and unofficial markets. Rabiu and Otedola, according to the new report, were worth $5. Sep 25, 2024 · Dangote’s move mirrors a recent trend among Africa’s wealthiest figures, such as Egyptian billionaire Nassef Sawiris, who also moved his family office to Abu Dhabi. This is following months of back and forth between he and South Africa's Johann Rupert for the title of Africa's richest man. This decline is mainly due to the steep fall in the naira’s value and recent moderation in the value of his equity holdings. Meanwhile, Mike Adenuga, Chairman of Globacom, was ranked third in Nigeria with a fortune of $5. 7 billion fortune originates from founding the Aiteo Group, a testament to his significant role and influence within the oil sector, navigating its complexities and contributing to the national economy. May 12, 2024 · Nigeria’s richest man, Aliko Dangote, net worth had shrunk by $2. 17 billion gain recorded at the beginning of 2024. 2 billion, but he lost $706 million (6. The new ranking places him above his closest rival in Africa, Johann Rupert, who is ranked 161st person in the world, with a net worth of $14. However, analyzing his key holdings, the performance of his companies, and macro-economic factors provides a comprehensive understanding of the factors determining Jul 31, 2023 · Aliko Dangote's empire faces financial strain amid Nigeria's naira crisis. Adenuga. With his project coming to fruition, Dangote is now worth an estimated $23. Apr 8, 2024 · Dangote's current net worth is $16. Since President Bola Tinubu assumed office in 2023, the naira has lost value, impacting the Dangote Group’s operations. 3 billion to $13. We debunk common myths and provide a data-driven analysis of his wealth, exploring its sources and fluctuations. [10] Aliko Dangote is the wealthiest person in Africa, with an estimated net worth of US$28. 5 billion this year, contrasting sharply with the $8. 9 billion, primarily due to his 92. 5 trillion Naira, according to the official currency exchange rate. 49 trillion. 8 billion according to Forbes, primarily from his Cement and sugar business. Dangote’s net worth fell by $9. Isiyaku Rabiu (Jnr) owns 2. His $20-billion refinery, the world’s largest single-train oil plant, will reduce Nigeria’s dependence on fuel imports amid rising costs. Net worth on the NGX: $ 84 million. 9bil. H2: Understanding Dangote’s Net Worth Fluctuations. 9 billion from $13. His $2. 3 billion: Diversified, cement Abdul Samad Rabiu Nigeria: 7. Currency confidence: Naira’s rally fueled by settlements of all foreign exchange backlogs This resurgence is linked to the recent strengthening of the Nigerian naira against the U. Jan 23, 2024 · Mr Dangote's fortune rose by $400m over the last year to a net worth of $13. 1. Feb 20, 2025 · The net worth of Aliko Dangote, Africa’s richest man, has soared by $10. 9 billion in early 2025 – a $10. His ventures not only contribute significantly to Nigeria’s economy but also create thousands of jobs across various sectors. Earlier, Dangote had already seen a significant drop in his wealth due to the sharp naira devaluation that began in June 2023. Jan 20, 2025 · The Nation Newspaper Dangote’s, other billionaire’s wealth grew by $2tr in 2024, says Oxfam report Jeff Bezos, with a net worth of $219. 4billion, whose Amazon “empire” accounts for Jan 31, 2025 · Aliko Dangote is the richest person in Africa, and was once the richest Black man in the world. Othman Benjelloun & family – with a combined net worth of $1. Subscribe To Newsletters. Austin Avuru, a co-founder of Seplat, a Nigerian oil and gas exploration and production company, owns 8. 13. In June 2013, Dangote was the first African to reach the networth of $20 billion. 9 billion last year. 1 billion as of December 3, 2021. 2 percent. The precise figure of Dangote’s net worth in Naira (and US Dollars) fluctuates daily due to various market forces. Feb 24, 2025 · Infographics showing Aliko Dangote Networth from 2008 to February 2025. 4 billion, having lost over $486 million in the past three days. 1 billion as of 19 March 2025, according to the Bloomberg Billionaires Index, [34] and $23. 5 billion. Aug 28, 2024 · As of now, Dangote is ranked 186th globally by Forbes, with a net worth of $11. Dec 20, 2023 · The 66-year-old Aliko Dangote whose 86% stake in Dangote Group put him on the global billionaire list as Africa’s richest has had quite a busy year. 6 billion, according to Bloomberg. 3 billion naira. 6 billion loss; Analysts have attributed the decline in Dangote’s wealth to the naira’s poor performance against the dollar Jan 23, 2024 · Aliko Dangote has regained his position as the richest person in Africa with a net worth of $13. While often cited in US dollars, understanding his net worth in Nigerian Naira requires navigating fluctuating exchange rates and appreciating the complexities of his sprawling Apr 4, 2024 · It added that after many years in development, Dangote’s fertiliser plant in Nigeria began operations in March 2022. Despite his immense wealth, Dangote maintains a relatively low-profile lifestyle. Holdings: Seplat. Mar 23, 2025 · Meta Title: Dangote Net Worth 2024: Naira & Dollar Figures, Business Empire Revealed Aliko Dangote, Africa’s richest man, consistently captivates global attention. 9bn, Forbes said. As of the close of business on Friday, Dangote’s net worth, according to Forbes, stands at $9. 6 billion: Diversified, cement Mike Adenuga Nigeria: 7. 4 billion and far ahead of fellow Nigerian, Mike Adenuga, Nigeria’s second richest man and 481st richest globally, with a net worth of $6. At the onset of 2023, Aliko Dangote’s net worth stood at a robust $18. uiyzkgzbgajtrvyohyrenbmrhwrpmgavcputbakeotkenxvmziibmzetmjqbgdlrkviqmkbkdi