Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

Nigeria and Africa’s wealthiest man, Aliko Dangote’s net worth has almost doubled to $23.9 billion.

This is according to recent data by Forbes, which ranked the Nigerian billionaire as Africa’s richest man and 86th wealthiest person in the world.

In 2024, Forbes ranked Dangote as the 144th richest man in the world with 13.4 billion.

According to Forbes estimates, Dangote’s net worth now stands at $23.9 billion due to his 92.3% stake in Dangote Petroleum Refinery & Petrochemicals.

The 67-year-old Kano-born billionaire has reclaimed his position among the top 100 wealthiest persons globally, a position he has occupied since 2018.

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 $14.4 billion and far ahead of fellow Nigerian, Mike Adenuga, Nigeria’s second richest man and 481st richest globally, with a net worth of $6.8 billion.