NAIRAMETRICS
Aliko Dangote has retained his position as Africa’s richest person, with his net worth rising from $13.9 billion in 2024 to $23.9 billion in 2025. This significant increase is largely driven by the valuation of the newly operational Dangote Refinery. Joining him on Forbes’ 2025 list are fellow Nigerian billionaires Femi Otedola, Mike Adenuga, and Abdulsamad Rabiu, showcasing Nigeria’s strong presence among Africa’s wealthiest.
The 2025 Forbes Billionaire List shows Africa now has 22 billionaires with a combined net worth of $105 billion, up from $82.4 billion in the previous year. This growth highlights the resilience of the continent’s wealthiest individuals despite challenges like currency devaluations and political instability. The inclusion of these Nigerian business moguls reflects their continued dominance and success across various industries.