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Aliko Dangote solidifies his status as Africa’s richest man with a $36.7 billion fortuneDangote Petroleum Refinery boosts wealth, reshaping Nigeria’s oil sector and reducing fuel importsBUA Group’s Abdul Samad Rabiu becomes Africa’s biggest wealth gainer, increasing his fortune by 120%
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Aliko Dangote has strengthened his grip as Africa’s richest man after climbing three places in the global billionaire ranking, with his fortune soaring to an estimated $36.7 billion, according to the latest Bloomberg Billionaires Index released on June 8, 2026.
The sharp rise in wealth further cements Dangote’s position among the world’s most influential industrialists and reflects the growing impact of his investments across cement, manufacturing, fertiliser, sugar and, increasingly, petroleum refining.
Dangote climbs three steps in billionaire ranking, Rabiu, Otedola gain new positions. Credit: Bloomberg/ContributorSource: Getty Images
Bloomberg’s real-time wealth tracker shows that Dangote’s fortune





