While Elon Musk has lost $9.6 billion this year, Aliko Dangote has seen his net worth rise by over $1.1 billion
Musk remains the world’s richest man, with a $261-billion net worth.
Aliko Dangote
Aliko Dangote, Africa’s richest man, gains $100 million as investors prepare for Q1 earnings
The wealth gains solidify his position as not only Africa’s richest man but also the world’s richest Black man.
Africa’s richest man Aliko Dangote’s cement firm to issue bonds under $721.6-million program
Dangote Cement is Africa’s largest cement producer, producing 51.55 million tonnes per year across 10 countries.
Africa’s richest man Aliko Dangote gains $915 million in Q1 2022
Dangote’s net worth surpassed the $20-billion valuation in the first three months of 2021.
Africa’s richest man Aliko Dangote’s fertilizer plant adds $5.15 billion to his net worth
Dangote is now the world’s 80th richest man.
Africa’s richest man Aliko Dangote set to launch continent’s largest fertilizer plant
The $2.5-billion urea fertilizer plant is reported to be the Africa’s largest granulated urea fertilizer complex.
Aliko Dangote’s $19-billion oil refinery nears completion; oil production to launch in September
The recent disclosure comes amid a fuel crisis in the country and a spike in global energy prices.
Africa’s richest man Aliko Dangote to earn $704 million in dividends from cement company
Dangote Cement is Africa’s largest cement producer.
Aliko Dangote’s cement company posts all-time high sales; profits exceed $870 million in 2021
Dangote Cement is Africa’s largest cement producer, with a production capacity of 51.55 million tonnes per year.
Africa’s richest man Aliko Dangote loses $500 million as cement firm shares fall
Dangote, the continent’s wealthiest man, has seen his net worth dip below $20 billion in recent times.
Africa’s richest man Aliko Dangote gains more than $950 million so far this year
The surge in his net worth represents the largest wealth gain by an African billionaire since January.
Aliko Dangote’s auto company, Dangote Peugeot Auto, has begun Peugeot assembly in Nigeria
Dangote Peugeot Automobiles Nigeria Limited is owned by Dangote, the governments of Kaduna and Kebbi, and Stellantis Group.
Aliko Dangote’s Dangote Cement buys back shares worth $84.5 million
Dangote Cement is Africa’s largest cement maker, with a production capacity of 48.6 million tonnes per year across 10 countries.
Nigerian billionaire Aliko Dangote retains position as Africa’s richest man for eleventh year in row
Forbes ranked Dangote as Africa’s richest man in its 2022 African billionaires list.
Africa’s richest man Aliko Dangote’s refinery to kickstart operations in Q3 2022
The plant will begin full production possibly by the end of 2022, or the beginning of 2023.
Africa’s richest man Aliko Dangote gains $600 million as cement company plans to buy back $112.75 million in shares
Dangote’s wealth has increased by over $929 million since the start of the year.